KULR Technology Group Inc is trading 13.7% higher today at $5.23 following the announcement of a new prototype battery development agreement with a U.S. military drone manufacturer.
- This marks the company’s second such defense-related deal in just five weeks, signaling strong momentum and repeat demand for its technology platform.
- Investors are reacting to the growing revenue potential within the defense sector and the implied validation of KULR’s battery solutions by military contractors.
- The stock is significantly outperforming the broader market, which is currently trading slightly lower.