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Microcap & Penny Stocks : KULR Technology
KULR 1.2000.0%Apr 7 4:00 PM EDT

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From: supernova2311/4/2019 2:32:34 PM
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Key Takeaways from 3rd quarter results and recent CNN interview:

  • Recent lumpy revenue growth attributed to lengthy product development cycle and dependent on stage of product development
  • KULR has progressed product development work with Tier-1 partners, moved into beta testing phase with one or more partners, and anticipates securing volume customer relationships into 2020.
  • NASA is benefiting from KULR's battery storage technology and has utilized it during recent launch to International Space Station.
  • The Company is commercializing it's disruptive battery storage technology in consumer facing markets such as electric vehicles, consumer electronics, and shipping & logistics markets.
  • KULR looks to implement a novel (for this industry) licensing model with it's battery storage solution and has been in discussions with it's potential customer(s) in this regard.
  • Stay tuned as the Company looks to announce significant event(s) related to business model/customer soon
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