KULR News & Events

KULR Technology Group was awarded a five-year preferred battery supply agreement from Caban Energy. The agreement, generating an estimated $30M in total revenue to KULR starting 2026, further reinforces KULR's strategy to deliver mission-critical energy-storage technologies across digital infrastructure, communications, aerospace, and defense markets, while expanding U.S.-based manufacturing capacity to support growing customer demand. As part of the agreement, the Company took over Caban's Plano, Texas-based manufacturing assets, strengthening KULR's domestic production footprint and accelerating its expansion into communications, fiber, and data-center energy-storage markets across the United States.

KULR Technology Group has elected to pause its at-the-market equity offering program with Cantor Fitzgerald and Craig-Hallum through June 30, 2026. The Company maintains a strong balance sheet, carries no debt, and has sufficient liquidity to support planned operations and growth initiatives. During this period, KULR intends to prioritize execution across its core platforms, including ramping production of its KULR ONE Air products and advancing the development of its KULR ONE MAX battery backup solutions for AI data center and telecommunications applications.

KULR Technology announced it has entered into a Joint Development Collaboration with a leading global battery-cell manufacturer to co-develop a next-generation KULR ONE MAX Battery Backup Unit, BBU, product line designed for AI-scale data centers and high-power compute environments. KULR will lead the design, development, safety engineering, and UL certification of a state-of-the-art BBU architecture built around a new ultra-high-power 21700 cell platform. The collaboration advances KULR's strategic position in the AI data-center energy market, establishing the foundation for a commercial program with up to $100 million in projected value.

KULR Technology Group joined the Open Compute Project as a Platinum Member. By entering the AI data center market through rack-level Battery Backup Units, KULR is transitioning from battery safety products into mission-critical AI energy infrastructure-creating a high-margin, recurring, safety-driven platform aligned with NVIDIA's next-generation architectures.