Koji Kabuto
KULR Technology Group, a leading provider of thermal management technologies for electronics and battery safety, has reported its financial results for the first quarter of 2025. The company’s revenue for the quarter was $5.2 million, representing a 15% increase compared to the same period last year.
“We are pleased with our strong start to the year, which was driven by solid demand for our thermal management solutions across a range of industries,” said Michael Mo, CEO of KULR Technology Group. “We continue to see growing interest in our products as more companies prioritize the safety and performance of their electronic devices.”
In addition to its financial performance, KULR Technology Group also announced several key milestones during the first quarter. The company expanded its product portfolio with the launch of new thermal management solutions designed for electric vehicles and aerospace applications. KULR also entered into strategic partnerships with leading technology companies to further enhance its market presence.
Looking ahead, KULR Technology Group is optimistic about its growth prospects for the rest of 2025. The company plans to continue investing in research and development to innovate new products and expand its customer base. With a strong foundation and a track record of success, KULR Technology Group is well-positioned to capitalize on the growing demand for thermal management technologies in the global market.
For more information about KULR Technology Group and its financial results, please visit the official press release on GlobeNewswire.
Source: GlobeNewswire
