KULR Technology Group Secures $6.7M Texas Space Award

KULR Technology Group ( (KULR) ) has provided an announcement.

KULR Technology Group reported a 40% increase in revenue for the first quarter of 2025, reaching $2.45 million, despite a decrease in gross margins due to unexpected labor costs. The company is expanding its operations by consolidating facilities and launching new strategic partnerships, such as with German Bionic for AI-powered exoskeletons and AstroForge for space mission battery packs. KULR also increased its Bitcoin holdings, achieving a 197.5% BTC yield, and received a $6.7 million award from the Texas Space Commission to advance its space battery platform.

The most recent analyst rating on (KULR) stock is a Buy with a $5.00 price target. To see the full list of analyst forecasts on KULR Technology Group stock, see the KULR Stock Forecast page.

Spark’s Take on KULR Stock

According to Spark, TipRanks’ AI Analyst, KULR is a Neutral.

KULR Technology Group’s overall stock score is weighted down by its financial performance challenges, including profitability and cash flow issues. While the company shows promise in strategic initiatives and recent corporate events, these positives are counterbalanced by valuation concerns and a reliance on external financing and Bitcoin holdings, which introduce additional risks.

To see Spark’s full report on KULR stock, click here.

More about KULR Technology Group

KULR Technology Group, Inc. is a global leader in advanced energy management solutions, focusing on battery and AI robotics businesses. The company is also pioneering as a Bitcoin Treasury Company with significant holdings in Bitcoin.

Average Trading Volume: 11,454,508

Technical Sentiment Signal: Buy

Current Market Cap: $446.5M

Find detailed analytics on KULR stock on TipRanks’ Stock Analysis page.