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HOUSTON - KULR Technology Group, Inc. (NYSE American: KULR), specializing in advanced energy management platforms, announced today that its Webster, Texas headquarters has achieved AS9100 certification. This standard is recognized internationally for quality management in the aerospace and defense sectors. According to InvestingPro data, KULR’s stock has shown significant momentum, with a remarkable 812% gain over the past six months, despite recent volatility.
The certification validates KULR’s commitment to quality and safety, aligning with the industry’s stringent requirements. Will Walker, KULR’s Chief Technology Officer, stated that the company is dedicated to maintaining high standards in its product offerings, ensuring customer satisfaction.
AS9100 is overseen by the International Aerospace Quality Group (IAQG) and sets the bar for companies involved in aerospace design, development, or service provision. Achieving this certification indicates that KULR has a structured quality management system that promotes operational excellence and product reliability.
This development positions KULR favorably for potential growth opportunities, such as expanding its customer base and forming new aerospace and defense partnerships. It also enhances existing collaborations, including the company’s work with NASA’s nearby Johnson Space Center.
KULR’s certification is expected to reinforce its reputation as a reliable partner for critical defense applications, providing advanced thermal management, vibration reduction, and battery technology solutions.
KULR Technology Group Inc. delivers innovative energy storage solutions across space, aerospace, and defense sectors, leveraging its expertise in battery design, testing, and production. Previously, on December 4, 2024, KULR announced a strategic decision to include bitcoin in its treasury program, committing a significant portion of its surplus cash to bitcoin acquisition.
This news is based on a press release statement from KULR Technology Group, Inc. The information provided reflects the company’s position as of the date of the release and is subject to change.
In other recent news, KULR Technology Group, Inc. has expanded its Bitcoin Treasury by investing an additional $10 million into bitcoin, increasing its total holdings to approximately $60 million. This acquisition aligns with KULR’s strategy to allocate up to 90% of its surplus cash reserves into cryptocurrency. Additionally, KULR announced an increase in its common stock offering from $50 million to $100 million, allowing for an additional $50 million in stock issuance under an agreement with Craig-Hallum Capital Group LLC. This move is expected to enhance the company’s financial flexibility, although specific plans for the new capital have not been disclosed.
In another development, KULR has partnered with Scripps Research Institute’s Baran Lab to develop a new pyrolytic carbon electrode material, which could offer cost-effective and scalable alternatives for synthetic organic electrochemistry. Moreover, KULR issued 270,000 shares of its Non-convertible Series A Voting Preferred Stock to its CEO, Michael Mo, to enhance strategic flexibility and protect against potential hostile actions. The company has also adjusted executive pay, increasing the CEO’s salary to $450,000 and granting 2,000,000 restricted stock units vesting over four years. These developments are part of KULR’s ongoing efforts to align executive compensation with market standards and ensure strategic leadership stability.
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