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NASA-Approved Technologies Essential to Creating Cooler, Lighter and Safer Batteries for EV, Aeronautics and Smart Device Technologies
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Team owner Shank takes slow road to Indy 500 winners circle
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The KULR logo will be featured on the side tire ramp of Andretti s #98 car Earlier this year, KULR became the official thermal management and battery safety technical partner for Andretti Technologies
KULR Technology Group Inc (OTCQB:KULR) has said it will serve as a sponsor of IndyCar star Marco Andretti in the 105th annual Indianapolis 500 on Sunday.
Andretti’s #98 Honda car represents a partnership between Andretti Herta-Haupert Autosport and the Curb-Agajanian motorsports team. As a corporate sponsor, the KULR logo will be featured on the side tire ramp of the race car, the company said.
“[We are] excited to have KULR expand to our INDYCAR family for this year’s Indy 500,” Andretti Autosport VP Marissa Andretti said in a statement. We already collaborate together on other motorsports projects, and we are both huge proponents of highlighting technical excellence, racing safety, and team building. I m excited to see what we can accomplish together both on
KULR sees 1Q revenue rocket 439% driven by new orders from military and aerospace customers
For the period ended March 31, 2021, the California-based company reported revenue of $417,905, compared to $77,500 in the first quarter of 2020 The company reported a cash balance of $6.2 million on March 31, 2021, and subsequently raised an additional $6.5 million in a preferred convertible financing deal
KULR Technology Group Inc (OTCQB:KULR) posted first-quarter results that saw its revenue jump 439% year-over-year on the back of new orders for products and engineering services from military and aerospace customers.
For the period ended March 31, 2021, the San Diego, California-based company reported revenue of $417,905, compared to $77,500 in the first quarter of 2020. The company chalked up the bump in revenue to “new orders received for products and engineering services for military and aerospace customers.”
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