KULR Technology Group
San Diego, California, United States · electrical/electronic manufacturing, Energy, Information Technology
KULR Technology Group Inc. (NYSE American: KULR) is a leading energy management platform offering proven solutions that play a critical role in accelerating the electrification of the circular economy. Leveraging a foundation in developing, manufacturing, and licensing next-generation carbon fiber thermal management technologies for batteries and electronic systems, KULR has evolved its holistic s
Key facts
- Headquarters
- San Diego, California, United States
- Employees
- 52
- Industries
- electrical/electronic manufacturing, Energy, Information Technology
- Status
- Public (KULR)
- Website
- kulr.ai
- Company page
Recent activity at KULR Technology Group
- : KULR Technology Group Secures Over $1 Million in Funding for Drone Dominance Program with the U.S. Department of War. The funding will support production deliveries expected to begin in October 2026.
- : SEC 8-K (7.01): On September 30, 2026, KULR Technology Group, Inc. announced an extension of the pause of its at-the-market equity offering program with Cantor Fitzgerald and Craig-Hallum, now set to last until December 31, 2026. This strategic decision indicates a conservative approach to its capital raising efforts in response to current market conditions. The announcement was made via the company's official social media account on X (formerly Twitter), emphasizing their commitment to transparency and communication with investors.
- : SEC 8-K (2.01): On September 11, 2026, KULR Technology Group, Inc. completed the sale of approximately 764 bitcoin (BTC) in a series of open market transactions at a weighted average sales price of approximately $76,633 per BTC, resulting in gross proceeds of about $58.6 million. This transaction is part of KULR's ongoing treasury management strategy and signifies that the company no longer holds any BTC. The sales occurred from August 20 to September 11, 2026, indicating a significant liquidation of assets for the company.
- : SEC 8-K (2.01): KULR Technology Group, Inc. completed the sale of approximately 333 bitcoin on July 23, 2026, through open market transactions at a weighted average price of $64,538 per BTC, totaling gross proceeds of about $21.5 million. The Company utilized the proceeds to repay its $20 million credit facility with Coinbase Credit, Inc., thereby alleviating any outstanding principal and eliminating collateral tied to 565 BTC. This strategic move is aimed at strengthening KULR's balance sheet amidst market volatility, reducing interest expenses, and enhancing financial flexibility while retaining significant BTC exposure. As of the sale date, KULR holds approximately 760 BTC and maintains a largely debt-free position.
- : SEC 8-K (7.01): On June 26, 2026, KULR Technology Group, Inc. announced an extension of the pause of its at-the-market offering program with Cantor Fitzgerald and Craig-Hallum through September 30, 2026. The filing includes a press release (Exhibit 99.1) that highlights this strategic decision aimed at optimizing capital market conditions before proceeding with the offering. This pause in the offering program allows the Company to reassess its strategy and market environment, potentially impacting its funding and financial stability as it navigates through current market conditions.
- : SEC 8-K (7.01): On June 24, 2026, KULR Technology Group, Inc. issued a Letter to Shareholders from Co-Founder and CEO Michael Mo, discussing the company's strategic vision, platform development, and business outlook. A press release was also issued alongside this letter, highlighting the company's communication strategy through various channels including social media, which is intended to keep investors and the media informed about material developments. This outreach aims to engage stakeholders and enhance transparency regarding KULR's future direction and initiatives.
- : SEC 8-K (5.02): On June 9, 2026, Dr. Michael Philip Kimel resigned from the Board of Directors of KULR Technology Group, Inc., effective immediately, to assume the position of Chief Financial Officer of the Company. His resignation was not due to any disagreements with the Company. Dr. Kimel has a robust background in pricing and analytics, having previously founded Pricimetrics, Inc., and held various significant roles in companies such as OmniSource United and Toyo Tire Holdings of Americas Inc. In addition to Dr. Kimel's appointment, Mr. Steven Perez was appointed as an independent director effective the same date, bringing sales leadership experience from his tenure at Twilio Inc. The appointments reflect strategic management changes within the Company to enhance its financial and operational oversight.
- : KULR Technology Group Announces Departure of CFO Shawn Canter
- : SEC 8-K (5.02): On May 21, 2026, KULR Technology Group, Inc. disclosed through its 8-K filing the departure of Shawn Canter from his role as Chief Financial Officer. This was formalized through a Separation Agreement and General Release between Mr. Canter and KULR Technology Corporation, a wholly owned subsidiary. Mr. Canter's resignation will take effect on May 22, 2026, after which he will no longer hold any positions within the Company or its affiliates. The agreement includes customary release clauses, which prevent both parties from pursuing claims against each other. This change in leadership could impact the company's financial strategies moving forward.
- : SEC 8-K (5.02): On May 21, 2026, KULR Technology Corporation, a subsidiary of KULR Technology Group, Inc., entered into a Separation Agreement with Shawn Canter, marking his departure as Chief Financial Officer effective May 22, 2026. The agreement includes a mutual release of claims and terms for compensation, whereby Mr. Canter will receive unpaid salary, accrued leave, and reimbursement for business expenses incurred. Additionally, he will be compensated at $300 per hour for assistance with HR-related exit documentation and other related activities. The agreement is set to become effective on May 29, 2026, unless revoked before that date.
KULR Technology Group funding history
| Date | Round | Amount |
|---|---|---|
| Aug 2019 | Seed | $126K |
| Dec 2018 | Seed | $31K |
| Jul 2018 | Seed | $184K |
| Mar 2016 | Seed | $1.0M |
Leadership
- Timothy Knowles, Executive Officer, Director
- Michael Mo, Executive Officer, Director
- Timothy Knowles, Executive Officer, Director
- Michael Mo, Executive Officer, Director
- Knowles, Executive Officer, Director
- Michael Mo, Executive Officer, Director
- Timothy Knowles, Executive Officer, Director
- Michael Mo, Executive Officer, Director
- Mitchell Miller, Vice President Operations
- William Walker, Chief Technology Officer
- Shawn Canter, Chief Financial Officer
- Michael Carpenter, Executive Officer
Verified email and direct lines for KULR Technology Group’s decision-makers are on Fundz. See plans — or book a 15-minute walkthrough.
Employee benefit plans
KULR Technology Group files 1 employee benefit plan with the U.S. Department of Labor, including a retirement plan. The next plan year renews in Dec 2026.
KULR Technology Group in the news
- KULR Technology Group Reports Second Quarter 2026 Financial Results - GlobeNewswire (Aug 13, 2026)
- KULR Technology rapidly develops Counter-UAS Directed Energy Battery System - Defense and Munitions (Dec 30, 2025)
- KULR Technology Group Reports First Quarter 2026 Financial Results - GlobeNewswire (May 14, 2026)
- KULR Technology Group Sets Second Quarter 2026 Earnings Call for Thursday, August 13, 2026 at 4:30 p.m. ET - GlobeNewswire (Aug 06, 2026)
- KULR Technology Group Reaffirms Non-Dilutive Growth Strategy, Extends At-the-Market Offering Pause Through September 2026 - Yahoo Finance (Jun 26, 2026)
- Soluna and KULR Technology Group Announce 3.3 MW Hosting Partnership at Project Sophie - Investing News Network (Oct 09, 2025)
- KULR Technology Group Chairman and CEO Michael Mo Releases Shareholder Letter - GlobeNewswire (Jun 24, 2026)
- KULR Technology Group Appoints New Chief Financial Officer and Independent Board Member - GlobeNewswire (Jun 09, 2026)
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About KULR Technology Group: questions and answers
What does KULR Technology Group do?
KULR Technology Group Inc. (NYSE American: KULR) is a leading energy management platform offering proven solutions that play a critical role in accelerating the electrification of the circular economy. Leveraging a foundation in developing, manufacturing, and licensing next-generation carbon fiber thermal management technologies for batteries and electronic systems, KULR has evolved its holistic s
Where is KULR Technology Group headquartered?
KULR Technology Group is headquartered in San Diego, California, United States.
How many employees does KULR Technology Group have?
KULR Technology Group has about 52 employees.
Has KULR Technology Group raised funding?
Yes. Fundz has recorded 4 funding events for KULR Technology Group. The most recent, Seed of $126K, was in Aug 2019.
Who leads KULR Technology Group?
Mitchell Miller is a Vice President Operations at KULR Technology Group.
What is the latest news on KULR Technology Group?
On Oct 02, 2026, KULR Technology Group Secures Over $1 Million in Funding for Drone Dominance Program with the U.S. Department of War. The funding will support production deliveries expected to begin in October 2026.
Is KULR Technology Group a public company?
Yes. KULR Technology Group is publicly traded under the ticker KULR.
Source: Fundz records from SEC filings, press releases and company announcements. How Fundz measures data accuracy