KULR Expands Bitcoin Holdings to 510 BTC, Reports 127% BTC YieldHouston, TX – January 21, 2025 – KULR Technology Group, Inc. (NYSE American: KULR) (the “Company” or “KULR”), a leader in advanced energy management platforms, today announced it has increased its bitcoin purchases for its Bitcoin Treasury by an additional $8 million to reach a total of $50 million in bitcoin acquisitions. The additional purchases […]
KULR Grants Carbon Fiber Cathode License for Nuclear Reactor ApplicationHouston, TX – January 14, 2025 – KULR Technology Group, Inc. (NYSE American: KULR) (the “Company” or “KULR”), a leader in advanced energy management platforms, today announced the signing of a multi-million-dollar licensing agreement with a new technology partner (“Licensee”) to enable advanced carbon fiber cathode applications for nuclear reactor systems in Japan. Applications […]
Carbon Fiber Market Projected to Grow Significantly as Increasing Demand for Growing Number of Industries RisesPALM BEACH, Fla., Jan. 14, 2025 (GLOBE NEWSWIRE) -- FN Media Group News Commentary - The global carbon fiber market has been growing substantially in recent years and is poised to continue in the years to come. The carbon fiber market is driven by the material's advantageous properties and strong demand across diverse sectors. One significant driver is the growing need for lightweight and high-strength materials in the automotive and aerospace industries. Carbon fiber is renowned for its high strength-to-weight ratio, which makes it ideal for manufacturing lighter vehicles and aircraft. This results in increased fuel efficiency and reduced emissions, aligning with global efforts to meet sustainability goals and reduce environmental impact. In aerospace, the use of carbon fiber components contributes to reduced fuel consumption and enhanced aircraft performance, making it highly valued for modern aircraft and spacecraft design. A report from Grand View Research said that the global carbon fiber market size was estimated at USD $5.75 billion in 2024 and is projected to grow at a CAGR of 10.9% from 2025 to 2030. It continued: “This growth can be attributed to the rising use of carbon fiber in wind energy applications, driven by the global shift toward renewable energy. As countries aim to reduce their dependence on fossil fuels, the demand for wind turbines is increasing, and carbon fiber's strength and durability make it ideal for turbine blades. Carbon fiber allows for longer and more efficient blades that capture more wind energy, thus improving the efficiency of wind farms.” Active companies in news today include: KULR Technology Group, Inc. (
NYSEKULR), NuScale Power Corporation
NYSE: SMRNYSESMR)
(NASDAQ: NNENASDAQNNE
, Oklo Inc. (NYSE: OKLONYSE
), NVIDIA Corporation (NASDAQ: NVDA
NVDA).
Critical Role of Vibration Mitigation in Safety and Comfort of Helicopter OperationsPALM BEACH, Fla., Dec. 30, 2024 (GLOBE NEWSWIRE) -- FN Media Group News Commentary - Helicopters play a critical role in modern transportation, from urban air mobility to emergency medical services and defense missions. However, one of the greatest challenges in rotorcraft design and operation is managing vibrations caused by the powerful mechanics of rotary systems. Mitigating the vibration matters because Helicopters face inherent vibration issues due to the dynamic interaction of rotors, engines, and airframes. Left unchecked, vibrations can lead to: Structural Fatigue and Maintenance Costs: Excessive vibrations accelerate wear and tear on critical components, increasing maintenance needs and reducing operational uptime; Reduced Passenger Comfort: Vibrations compromise the quality of the flight experience, particularly in urban air mobility where passenger satisfaction is critical; Operational Inefficiencies: Vibrations affect avionics performance and fuel efficiency, directly impacting mission success; and Effective vibration mitigation technologies ensure smoother, safer, and more efficient helicopter operations while extending the service life of rotorcraft systems. According to a report from Nova1Advisor said: “The U.S. vibration control system market size is projected to hit around $1.62 Billion by 2033, growing at a CAGR of 6.7% during the forecast period 2024 to 2033. Vibration control systems (VCS) effectively detect and analyze vibrations by utilizing advanced algorithms and precision sensors, providing real-time feedback and control mechanisms to reduce vibration intensity to safe and manageable levels, which if not controlled or managed, can lead to equipment damage, safety hazards, and decreased productivity.” Active companies in news today include: KULR Technology Group, Inc. (
NYSEKULR), Blade Air Mobility, Inc.
NASDAQ: BLDENASDAQBLDE)
(NYSE: TXTNYSETXT
, Embraer S.A. (NYSE: ERJNYSE
), Joby Aviation, Inc. (NYSE: JOBY
JOBY).
KULR Announces Active Collaboration with U.S. Army to Evaluate Vibration Reduction on AH-64E and UH-60 Helicopter PlatformsHouston, TX – December 30 2024 – KULR Technology Group, Inc. (NYSE American: KULR) (the “Company” or “KULR”), a leader in advanced thermal management and vibration reduction solutions, is pleased to announce its active collaboration with the U.S. Army to plan an in-depth evaluation of the KULR VIBE system for vibration reduction and optimal balance […]
KULR Launches Bitcoin Treasury with Purchase of 217.18 Bitcoin for $21 MillionHouston, TX – December 26, 2024 – KULR Technology Group, Inc. (NYSE American: KULR) ($KULR) (the “Company” or “KULR”), a leader in advanced energy management platforms, today announced that it has completed the purchase of 217.18 Bitcoin (“BTC”) for approximately $21 million, at an average price of $96,556.53 per BTC. The purchase follows the […]
Tech Companies Embracing Bitcoin Treasuries as a Strategic Asset as Market Heats up Heading into 2025PALM BEACH, Fla., Dec. 26, 2024 (GLOBE NEWSWIRE) -- FN Media Group News Commentary - A recent article in Bitcoin Magazine addressed the recent tsunami of companies jumping into the current “IT” strategy… Bitcion as a treasury asset. The article said: “MicroStrategy’s corporate Bitcoin treasury strategy is taking off. Public companies are FOMO’ing (“Fear Of Missing Out”) into bitcoin. It’s almost as if Trump’s pro-Bitcoin stance is giving companies the green light to stack BTC. (One day in November alone ) seven public companies announced that they have bought or plan to buy bitcoin for their treasury reserves, with one new company committing to purchasing $1 million in BTC (the next day). Crazy, right? It has felt like a minimum of one to two new companies a day are adopting bitcoin as a reserve asset — not to mention all the companies getting bitcoin exposure via the ETFs. It’s surreal to witness the FOMO from companies adopting a corporate Bitcoin playbook in real time… Over the course of the next year I’m expecting this corporate Bitcoin adoption to only increase as the price of bitcoin rises and Trump takes office.” A review of the market shows that leading companies are embracing Bitcoin Treasuries as a Strategic Asset. The adoption of Bitcoin as a corporate treasury asset is gaining momentum among innovative companies across industries. Recognizing the potential of Bitcoin as a store of value and hedge against inflation, businesses like Rumble, MicroStrategy, Marathon Digital Holdings, Hut 8 Mining Corp, KULR Technology Group, Block Inc., and Coinbase are leading the charge in integrating Bitcoin into their financial strategies. Active tech companies in news today include: KULR Technology Group, Inc. (
NYSEKULR), Hut 8 Corp.
NASDAQ: HUTNASDAQHUT)
(NASDAQ: MARANASDAQMARA
, Rumble Inc. (NASDAQ: RUMNASDAQ
), MicroStrategy® Incorporated (NASDAQ: MSTR
MSTR).
KULR Signs Service Agreement to Launch KULR ONE Space BatteryHouston, TX – December 17, 2024 – KULR Technology Group, Inc. (NYSE American: KULR) (the “Company” or “KULR”), a leader in advanced energy management platforms, proudly announces its plans to launch the KULR ONE Space (K1S) battery via launch integrator Exolaunch on a SpaceX rideshare mission scheduled for 2026. This mission represents a pivotal milestone […]
KULR Xero Vibe Solution Launches on NVIDIA Jetson Edge AI PlatformHouston, TX – December 10, 2024 – KULR Technology Group, Inc. (NYSE American: KULR) (the “Company” or “KULR”), a global leader in energy management and vibration reduction solutions, today announced the launch of its innovative KULR Xero Vibe™ (“KXV”) solution integrated with the NVIDIA Jetson edge AI platform. This new rollout combines superior vibration mitigation […]
Artificial Intelligence Substantial Influence on Data Center Industry Redefining OperationsPALM BEACH, Fla., Dec. 10, 2024 (GLOBE NEWSWIRE) -- FN Media Group News Commentary - Due to the high computational needs of Artificial Intelligence (AI) and media applications, data centers are being increasingly deployed worldwide. These data centers consume a massive amount of power, generating a significant amount of heat, further creating the need for various efficient cooling systems. The data center cooling market is expected to show substantial growth due to the increase in digitization worldwide, which will lead to greater computer performance and require a larger number of integrated small chips. The design of data centers and the need to cool them are mainly influenced by powerful computer hardware for AI workloads. Manufacturers are introducing large silicon chips to optimize the performance of artificial intelligence and high-performance computing workloads. The use of powerful GPUs in artificial intelligence and high-performance computing environments supports the need for data center cooling technologies. A recent report from ReserachAndMarkets projected that the Data Center Cooling Market size is estimated at USD 16.56 billion in 2024, and is expected to reach USD 34.51 billion by 2029, growing at a CAGR of 15.82% during the forecast period (2024-2029). The report said: “The exponential growth of data generated by information technology significantly necessitates efficient data centers, driving demand for advanced cooling solutions. As data centers expand to accommodate increasing workloads and storage demands, the heat generated becomes a significant matter of concern, creating a demand for effective cooling solutions.” Active companies in news today include: KULR Technology Group, Inc. (
NYSEKULR), NVIDIA
NASDAQ: NVDANASDAQNVDA)
(NASDAQ: CORZNASDAQCORZ
, CleanSpark Inc. (NASDAQ: CLSKNASDAQ
), Coinbase Global, Inc. (NASDAQ: COIN
COIN).
KULR Announces Immediate Availability of NASA-Certified M35A Battery Cells for JSC 20793 PacksHouston, TX – December 03, 2024 – KULR Technology Group, Inc. (NYSE American: KULR) (the “Company” or “KULR”), a leader in advanced thermal management and vibration reduction solutions, is pleased to announce the immediate availability of NASA-certified M35A battery cells, qualified for use in JSC 20793-compliant battery packs. These 18650 cells are ready for procurement […]
KULR Designs for Small Modular Nuclear Fusion ReactorsHouston, TX – November 20, 2024 – KULR Technology Group, Inc. (NYSE American: KULR) (the “Company” or “KULR”), a provider of advanced thermal management solutions, today announced the development of its proprietary carbon fiber designed custom cathodes in small modular reactors (SMRs) for a prominent nuclear fusion company. As global demand for sustainable energy grows […]
How Artificial Intelligence (AI) Influence on Nuclear Energy Industry is Providing Lucrative OpportunityPALM BEACH, Fla., Nov. 20, 2024 (GLOBE NEWSWIRE) -- FN Media Group News Commentary - The partnership between Artificial Intelligence (AI) and nuclear power is a natural evolution in the quest for sustainable technological progress. As companies like NuScale, Nano Nuclear, Oklo, Nvidia, and KULR continue to innovate in nuclear technology, and industry leaders like NVIDIA champion its adoption, the future of AI looks increasingly green and sustainable. Nuclear power not only provides the energy scale and reliability required by AI-driven data centers but also helps address the global need for climate action. With this synergy, the growth of AI can be achieved without compromising the health of our planet. A recent report from InsightAce Analytic projected that AI in Nuclear Energy Market is a growing trend with the potential to impact the industry significantly. AI technologies can enhance safety, improve efficiency, and optimize operations in the nuclear sector. The use of AI in nuclear energy is expected to help improve safety, reduce costs, and extend the lifespan of existing facilities, making nuclear power a more attractive and sustainable energy source. There is rising interest in small modular reactors (SMRs), and AI can be used to optimize their design and operation. However, it remains a vital part of the energy mix in many countries and is undergoing technological advancements, with AI playing an increasing role. Key aspects of the market include Predictive Maintenance, Enhanced Monitoring, Radiation Monitoring, Nuclear Security, Nuclear Fuel Cycle Optimization, Simulation and Training, and Data Analytics. The growth and adoption of AI in the nuclear energy market are dynamic and subject to various external factors, including regulatory changes, technological advancements, and public sentiment. Active companies in news today include: KULR Technology Group, Inc. (
NYSEKULR), Amazon.com, Inc.
NASDAQ: AMZNNASDAQAMZN)
(NASDAQ: GOOGLNASDAQGOOGL
, Microsoft Corporation (NASDAQ: MSFTNASDAQ
), Oracle Corporation (NYSE: ORCL
ORCL).
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