KULR Technology awarded five-year preferred battery supply agreement

KULR Technology (KULR) 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.