Breaking News on (NYSE: KULR) KULR's Xero Vibe Technology Lands Licensing Partnership with $2.35M Deal

KULR's Xero Vibe Technology Lands Licensing Partnership with $2.35M Deal Greetings FDR Subscribers, [KULR's Xero Vibe Technology Lands Licensing Partnership with $2.35M Deal]( Milestone IP Licensing Deal Expands Business Opportunities via New Business Model HOUSTON, Oct. 02, 2024 (GLOBE NEWSWIRE) -- [KULR Technology Group, Inc.]( (NYSE American: KULR) (the "Company" or "KULR"), a global leader in sustainable energy management, today announced a licensing agreement for its proprietary vibration reduction technology named KULR Xero Vibe (“KXV”). The $2.35M landmark deal includes a $1.1M minimum guaranteed license and royalty fee, a unique opportunity for the licensee to purchase proprietary balancing equipment directly from KULR and additional revenue upside to KULR based on volume and technology upgrades. The licensee, a leading Japanese corporation, specializing in systems integration and the distribution of advanced semiconductor solutions, intends to use the KXV technology to balance industrial-scale fan systems used in data center computer cooling, HVAC and other industrial applications. KULR is exploring additional license opportunities based on geographic regions in tangential power-consuming applications, where KULR expects substantial upside revenue potential as product sales and royalty income scales along with its customers’ growth. We're presenting you, our valued subscribers, with what we think is one of the most incredible low-priced investment opportunities of the year. We've covered this company before, but the value proposition this time around is—to put it best—raging. KULR’s KXV technology offers a transformative solution for balancing high-performance commercial fans running at speeds exceeding 33,000 RPM. These fans are critical for, among other things, cooling a growing number of AI-driven data center computer servers. The KXV system reduces vibration to virtually zero, optimizing cooling system performance and reducing energy consumption. Michael Mo, KULR CEO, said, “Did you know a ChatGPT query uses almost 10 times as much electricity as a Google search? According to [Goldman Sachs]( AI will drive data centers power consumption by 160% from 1-2% of overall worldwide power consumption now to 3-4% by the end of the decade. By virtually eliminating vibration, KXV is a game-changer technology to make data center fan cooling systems more efficient and environmentally friendly, and help customers lower operational and capex cost.” Additional Advantages of KULR’s KXV Technology KXV technology not only improves cooling system energy efficiency but also offers several additional benefits for data centers: - Reduced Noise Enhances Work Environment: Lower vibration means quieter operations, contributing to a better working environment. - Increased Stability Improves Performance: Systems operate more smoothly and reliably, enhancing overall performance - Less Wear and Tear Reduces Both Capital Spending and Operating Expenses: Dramatic reduction in vibration decreases mechanical stress on fans and cooling systems, extending their lifespan and reducing maintenance costs. Improving Data Center Cooling Efficiency According to the United States Chamber of Commerce, energy consumption is the single largest operational expense for data centers, with cooling costs representing approximately [40% of total expenses](. By leveraging KULR’s KXV technology to reduce energy use, companies can lower operational costs and move toward more sustainable practices. Microsoft’s [partnership]( with Constellation Energy, Oracle’s shift toward [nuclear power]( and Vistra Energy’s rise as the top-performing stock on the [S&P 500 year-to-date]( underscore the importance of energy efficiency in today’s business landscape. Once again, we are turning our attention to KULR Technology Group (NYSE American: KULR). We MUST. Because at current levels, KULR presents one of the most glaring evidence-backed cases for investment that we've seen in a while. Yes, we've featured KULR at higher prices. And no, we didn't get it wrong then. In fact, the recent pullback in KULR's price comes after a sustained period of bullish moves for the company's stock. So, FDR subscribers had the chance to do very well. Here's the excellent news for those who missed the opportunity—that setup is again in play. It's not that KULR deserved the beatdown. Instead, we believe KULR got caught up in a period of small-cap weakness, which was overshadowed by the Magnificent 7 companies, making it appear that the entire market's breadth was setting new records. That was not and is not the current case. Despite the record-setting headlines, the undercurrent has challenged the small-cap sector, with even some of the best names brought lower as the tide of interest in these smaller names went out. We see KULR as one of those excellent company stocks brought lower by market conditions rather than things more company specific. That's not necessarily bad news for investors wanting an aggressive entry point. Trading at a modest $0.28 per share at the close yesterday, we believe that KULR is more ripe than ever for rapid appreciation. And as market inefficiencies correct, that may happen sooner rather than later. Zacks Investment Research models for a doubling in share price... The team at FDR isn't the only KULR bull. An assessment from Zacks Investment Research (ZIR) suggests that KULR's share price could more than double to $0.62 in the coming quarters. They base this forecast on the company's enterprise value-to-sales multiple of 3.6x estimated 2025 revenue of $15 million, which compares significantly lower than industry averages, closer to 7.9x sales. We see it as ZIR does- this current valuation highlights a market mispricing. And we agree with their logic- as long as KULR continues to deliver accretive updates, a rising share price is more than likely; it's near-term probable. Frankly, Zacks's bullish forecast may be conservative, considering KULR's operational performance and financial results, particularly over the past year, have positioned the company for substantial growth in 2025 and beyond. While delays from a significant customer impacted 2024 revenues, when excluding this customer, KULR managed to post impressive revenues, a testament to its diverse product offerings and strength in energy storage technology, a sector experiencing exponential demand across various industries. More importantly to this conversation, KULR is ideally positioned to capitalize on and maximize significant market opportunities in the future. KULR's pioneering role in battery safety... That's no coincidence. KULR's core business was built around developing and deploying advanced energy storage solutions, with a specific focus on battery design, thermal management, and safety. This specialization has led to its technology being used in some of the most critical and high-stakes environments, including space missions, defense, aerospace, and electric aviation. What makes KULR unique is its ability to offer cutting-edge thermal management technology, specifically targeting one of the biggest challenges in energy storage—thermal runaway. Thermal runaway is a potentially catastrophic failure of battery cells that can lead to fires or explosions. By any measure, it poses a significant risk in industries where safety and reliability are mission-critical. The good news is that KULR may have provided the most reliable way to mitigate its destructive nature, with its Passive Propagation Resistant (PPR) technology directly addressing this issue and preventing thermal runaway from spreading across cells in a battery system. The company's PPR technology was initially developed for NASA's space missions, proving its effectiveness in some of the most extreme and demanding environments. This isn't a theoretical solution, it's a proven one. KULR's technology is already being used by major agencies like NASA, defense contractors, and private space exploration firms. For instance, KULR's PPR technology was aboard the Mars Rover Perseverance mission, providing an essential safeguard for billions of dollars in assets. That's more than an impressive score for a company whose stock trades at just $0.28- it's led to the technology's adoption across sectors like aerospace and defense, which have further validated the real-world, multi-industry applicability of KULR's products and technology. Adoption and validation in massive and uncompromising sectors... As it should, that validation is paying dividends. Foremost, it's made KULR uniquely positioned to capture a significant market share in space exploration and defense. Its KULR ONE Space division supplies battery systems for human spaceflight and space exploration missions. A key milestone for the company is its certification under NASA JSC-20793 for human spaceflight battery systems. This certification is critical for KULR's involvement in NASA's Artemis program, which intends to return humans to the Moon and eventually send astronauts to Mars. That project, like others, is a starting point. By offering off-the-shelf batteries that meet stringent JSC-20793 standards, KULR has positioned itself ideally to expand its market reach beyond custom-built batteries traditionally used in space applications. This opens the door to uncrewed space missions, where affordability and reliability are vital considerations. That's a good place for KULR to exploit. And with its first customer for Artemis already secured and discussions underway with other potential clients, they are in that process and, better still, primed for growth in the coming weeks and quarters. While that can generate substantial revenues over time, it represents just one sector opportunity. In the defense sector, KULR's KULR ONE Guardian division is also making notable strides to grow bigger faster. The company's collaboration with the U.S. Army to develop silicon anode lithium-ion battery systems could facilitate that intent and lead to a potentially lucrative long-term revenue-generating partnership. These KULR-developed systems offer enhanced energy density and safety, crucial for military applications where failures can have life-threatening consequences. KULR's prototype batteries, delivered in September 2024, could be the first step to creating a pathway for large-scale adoption across the Army's various platforms, including ground vehicles and aircraft. That would be great news. But more could quickly follow. If successful, this collaboration with the Army could lead to additional contracts with other branches of the U.S. military, further bolstering KULR's revenue potential while further distancing itself from competitive poachers. And keep this in mind. These developments are earned, not awarded. In other words, KULR, despite its low share price, is providing products and technology that some of the world's largest brands can't. They wouldn't call on KULR to mitigate their urgent challenge if they could. It also helps that KULR is IP-rich, meaning that companies needing KULR's ability to provide mission-critical solutions to enable their interests have little choice but to come calling. KULR's expanding its business footprint... Opportunities extend past those mentioned. Beyond space and defense, KULR is also making inroads into the fast-growing electric aviation market, expected to reach a $13.55 billion valuation by 2030. Targeting that potential, KULR struck a deal with Amprius Technologies to develop battery pack solutions to address the thermal runaway challenges unique to electric aviation. This project exemplifies KULR's ability to provide solutions for next-generation aircraft. It also positions the company to exploit its intellectual power to become an eventual key and vital player in the Advanced Air Mobility (AAM) sector. There's more to appreciate- and factor into the value proposition. KULR's technology also holds broad applications in energy-intensive industries, such as data centers, through its VIBE technology. Initially developed for helicopters, KULR's VIBE system minimizes vibrations in mechanical systems, improving efficiency and extending the operational lifespan of equipment. Don't underestimate the potential of serving this segment. As data centers become more critical to the global economy—driven by AI and other computationally intensive processes—the need for technologies that reduce energy consumption and improve system reliability is increasing. KULR's VIBE technology addresses this need, offering significant revenue potential in an underserved market. KULR could even earn the spoils from a first-mover advantage. Validation and adoption are additional value drivers... By the way, FDR subscribers, it wouldn't be the first market they have helped develop. KULR has penetrated the transportation market with its SafeCase technology, earned unique permits to transport hazardous end-of-life battery requirements, and pioneered relationships with prestigious EV racing teams to strengthen battery safety initiatives. That's not all. KULR announced expanding its contract with the U.S. Army to develop additional prototype battery systems designed to meet stringent military standards for use in extreme conditions. That deal was reportedly valued at $2.4 million. Additionally, KULR secured a nearly $1 million contract with South Korea's Nara Space, where its battery systems will be utilized for CubeSat missions as part of NASA's Artemis II program. This contract highlights KULR's growing international presence and ability to serve a broad range of space-related applications. The point to consider is that these deals often lead to larger ones, evidenced by a historical pattern showing that prototype development programs often lead to more significant development and sales deals. Seizing this bargain basement price level... The ironic thing about KULR's accretive announcements is that despite across-the-board strengthening, its share price has weakened over the past quarter. But as we noted earlier, embrace the opportunity exposed. Given the scale of the markets it serves—space exploration, defense, electric aviation, and data centers—KULR's current stock price, we think, significantly understates and undervalues its intrinsics and potential. The global energy storage market alone is expected to reach $150 billion by 2030, driven by increasing demand for electric vehicles, renewable energy systems, and energy storage solutions. KULR's proprietary technologies position it to capture a significant share of this market. Moreover, KULR's value proposition goes beyond merely competitively participating in these markets. Its products, particularly in the defense and aerospace sectors, are high-margin solutions where clients are willing to pay a premium for safety, reliability, and performance. In these industries, battery failures can have catastrophic consequences, making KULR's proven solutions all the more valuable. Notable, too, is that KULR may be the go-to, in some cases, the only source for the battery safety protections needed. For that reason alone, investors may be wise to consider adding this rapidly growing company to their growth stock portfolios. While the long-term prognosis for growth is excellent, the near-term is also compelling. In fact, as KULR continues to leverage the value inherent to its cutting-edge energy storage and safety technologies, establishes strategic partnerships, and increases its presence in mission-critical industries, its groundwork completed makes it an attractive value proposition for either investment time horizon. And based on the diligence provided by Zacks Investment Research, plenty supports not just having an interest in KULR but taking one as well. To Your Trading Success, Michael Reece Editor, Financial Driven Research Sources: [( [( [ \l ":~:text=To support the transition toward,billion U.S. dollars in 2030]( [( [( [( [( [( [( [( [( [( [( [( [( [( © 2024 Financial Driven Research, All Rights Reserved. Financial Driven Research (“FDR” or “Company”) is a financial publisher that does not offer any personal financial advice or advocate the purchase or sale of any security or inves∙tment for any specific individual. FDR full disclosure is to be read and fully understood before using FDR website or joining FDR email or sms list. By viewing FDR website and/or reading FDR email or sms list you are agreeing to FDR full disclosure This publication may contain information regarding inves∙tment ideas and third-party ratings regarding specific securities. We hold n∙o inves∙tment licenses and are thus neither licensed nor qualified to provide inves∙tment adv∙ice. 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