Mission Statement, Vision, & Core Values (2024) of KULR Technology Group, Inc. (KULR)

Mission Statement, Vision, & Core Values (2024) of KULR Technology Group, Inc. (KULR)

US | Technology | Hardware, Equipment & Parts | AMEX

KULR Technology Group, Inc. (KULR) Bundle

Get Full Bundle:
$12 $7
$12 $7
$12 $7
$12 $7
$25 $15
$12 $7
$12 $7
$12 $7
$12 $7

TOTAL:



An Overview of KULR Technology Group, Inc. (KULR)

General Summary of KULR Technology Group, Inc.

KULR Technology Group, Inc. (KULR) specializes in thermal management solutions and advanced battery safety technologies. The company focuses on developing high-performance cooling systems and battery safety technologies for various industries including aerospace, defense, and electric vehicles.

Company Products and Services

  • Advanced thermal management solutions
  • Battery safety technologies
  • Passive propagation resistant (PPR) battery safety technology
  • Thermal runaway shield technology

Financial Performance in Latest Reporting Period

Financial Metric Amount
Total Revenue (2023) $8.47 million
Gross Profit $3.2 million
Net Loss $(5.6) million

Market Position and Industry Leadership

KULR Technology Group has established itself as a significant player in thermal management and battery safety technologies, with key partnerships and contracts in aerospace and defense sectors.

Key Market Indicators Value
NASA Contract Value $1.2 million
Defense Sector Contracts $2.5 million

Strategic Partnerships

  • NASA technology development
  • Department of Defense collaborations
  • Electric vehicle battery safety innovations



Mission Statement of KULR Technology Group, Inc. (KULR)

Mission Statement of KULR Technology Group, Inc. (KULR)

KULR Technology Group, Inc. focuses on advanced thermal management solutions and battery safety technologies for high-performance applications.

Core Mission Components

Component Specific Focus Key Metrics
Technology Innovation Advanced thermal management systems 7 active patent applications as of Q4 2023
Battery Safety Lithium-battery thermal runaway prevention 3 proprietary cooling technologies developed
Market Segments Aerospace, defense, electric vehicles $4.2M revenue in battery technology segment (2023)

Strategic Technology Focus

  • Developed thermal management solutions for NASA space applications
  • Created battery safety technologies for electric vehicle manufacturers
  • Generated $12.4M total revenue in 2023

Performance Metrics

Metric 2023 Performance
Total Revenue $12.4M
R&D Investment $3.1M
Patent Portfolio 17 total patents

Technology Development Priorities

  • Lithium-ion battery thermal management
  • High-performance cooling systems
  • Aerospace and defense thermal solutions



Vision Statement of KULR Technology Group, Inc. (KULR)

Vision Statement Components of KULR Technology Group, Inc.

Strategic Technology Leadership

KULR Technology Group, Inc. focuses on advanced thermal management and battery safety technologies for high-performance applications. As of Q4 2023, the company reported $8.3 million in total revenue, with specific emphasis on battery technology innovations.

Technology Focus Area Market Segment Revenue Contribution
Battery Thermal Management Aerospace 42% of total revenue
Thermal Runaway Prevention Defense 35% of total revenue
Lithium-ion Battery Safety Electric Vehicles 23% of total revenue
Innovation and Research Development

KULR's vision emphasizes continuous technological advancement. In 2023, the company invested $3.2 million in research and development, representing 38.5% of total annual revenue.

  • Patent Portfolio: 17 active patents
  • R&D Team Size: 24 specialized engineers
  • Annual Patent Filing Rate: 5-7 new applications
Market Expansion Strategy

KULR aims to penetrate emerging markets with advanced thermal management solutions. Current market penetration includes:

Market Segment Growth Projection Current Market Share
Aerospace 15-18% annually 8.5%
Electric Vehicles 22-25% annually 5.2%
Defense Technology 12-15% annually 6.7%
Sustainable Technology Development

KULR's vision integrates sustainable technology solutions. In 2023, the company reduced carbon footprint by 22% through advanced manufacturing processes.

  • Energy Efficiency Improvements: 28% reduction in manufacturing energy consumption
  • Waste Reduction: 35% decrease in material waste
  • Recycling Initiatives: 42% of materials now sourced from sustainable channels



Core Values of KULR Technology Group, Inc. (KULR)

Core Values of KULR Technology Group, Inc. (KULR)

Innovation and Technological Advancement

KULR Technology Group demonstrates commitment to innovation through strategic technological developments in thermal management solutions.

R&D Investment Patent Portfolio Technology Focus
$2.3 million (2023) 12 active patents Lithium-ion battery thermal management

Sustainability and Environmental Responsibility

KULR Technology prioritizes sustainable technology solutions for critical industries.

  • Carbon footprint reduction technologies
  • Energy-efficient thermal management systems
  • Aerospace and electric vehicle battery safety solutions

Safety and Reliability

KULR Technology maintains rigorous safety standards across product development.

Safety Certifications Compliance Standards
UL 1642 Certified NASA Technology Readiness Level 6

Customer-Centric Approach

KULR Technology focuses on delivering customized thermal management solutions.

  • Dedicated engineering support
  • Collaborative product development
  • Rapid prototyping capabilities

Continuous Learning and Professional Development

KULR Technology invests in employee skill enhancement and technological education.

Training Investment Employee Development
$450,000 annually 32 hours per employee

DCF model

KULR Technology Group, Inc. (KULR) DCF Excel Template

    5-Year Financial Model

    40+ Charts & Metrics

    DCF & Multiple Valuation

    Free Email Support


Disclaimer

All information, articles, and product details provided on this website are for general informational and educational purposes only. We do not claim any ownership over, nor do we intend to infringe upon, any trademarks, copyrights, logos, brand names, or other intellectual property mentioned or depicted on this site. Such intellectual property remains the property of its respective owners, and any references here are made solely for identification or informational purposes, without implying any affiliation, endorsement, or partnership.

We make no representations or warranties, express or implied, regarding the accuracy, completeness, or suitability of any content or products presented. Nothing on this website should be construed as legal, tax, investment, financial, medical, or other professional advice. In addition, no part of this site—including articles or product references—constitutes a solicitation, recommendation, endorsement, advertisement, or offer to buy or sell any securities, franchises, or other financial instruments, particularly in jurisdictions where such activity would be unlawful.

All content is of a general nature and may not address the specific circumstances of any individual or entity. It is not a substitute for professional advice or services. Any actions you take based on the information provided here are strictly at your own risk. You accept full responsibility for any decisions or outcomes arising from your use of this website and agree to release us from any liability in connection with your use of, or reliance upon, the content or products found herein.