Simply Wall St · May 23, 2026
KULR was selected to supply NASA-standard KULR ONE Space systems built on lightweight REACH architecture from the Webster, Texas facility. Shares jumped after the announcement.
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KULR will supply K1S battery systems for JOY, Icarus Robotics’ autonomous free-flying platform bound for the International Space Station on JOYRIDE-1 in early 2027.
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As part of a non-dilutive growth strategy, KULR extended the pause of its at-the-market equity program with Cantor Fitzgerald and Craig-Hallum through September 30, 2026.
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KULR’s chairman outlined the post-Q2 operating review, leadership realignment under CFO Mike Kimmel, and a tighter focus on energy-systems manufacturing after the Bitcoin mining exit.
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Prototype development for domestic drone production under the Pentagon’s Drone Dominance initiative. KULR did not name the OEM. Street later mapped it to Neros — that name is inferred, not a KULR 8-K.
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KULR is adapting Factorial lithium-metal and solid-state cells into UAS packs. The companies demonstrated packs at XPONENTIAL 2026 in Detroit.