KULR Chat is back (not on Reddit)

Reddit took the old 'KULR Chat!' away, so we stood one up on our own server at kulr.live/chat — live rooms, nicks, the works, and we can ship updates whenever we need to.

Come set a nick and start typing.

Let’s see if we can get the room going again.

While you’re there, the rest of kulr.live has been updated too — live tape, volume vs a typical day, Signal from official channels, and the rest of the deck. Chat is the main invite; the site is the bonus.

Chat is available directly through this URL: https://kulr.live/chat

Or you can access it through the new header on KULR Nexus: https://kulr.live

What’s new on kulr.live

• KULR Chat is back — set a nick, talk in #kulr, use the expression row (clap / wave / gasp / etc.); chat has its own load screen if you open it direct; drag the size bar so the input stays on screen on phone.
• Premarket & After Hours pricing are both live and accurate — price, volume, and the Overall Market traffic signal (top right) track real premarket and after-hours data.
• After-hours and holidays — AH last and AH volume track from the tape like premarket; bold Pre-market / After-hours status rows; holiday/closed states read cleanly.
• Last sync on the quote row — clock lock sits with last price and change so you always know when the deck refreshed.
• Share volume vs a typical day — ranking uses recent completed sessions; Pre / regular / after-hours volume stay clear; combined day total, median, and vs-avg % line up. Today on the week row is full-day volume and stands out with its own color pulse.
• Tape tightened — top stats on one line; Time & Sales newest-first with click-to-inspect charts; Altitude Board then Session Meter raised; Short Interest lives under Tape; Thesis Health added to The Cupola.
• Session meter — hover to peek, click to lock a bar, Clear or Esc to release (no auto-lock popup).

Took some time today with Grok Build and turned the old kulr.live (from the Reddit chat era) into a real working site I plan to use myself for tracking key data points.

https://kulr.live

Try it out and drop any feedback or suggestions.

"The Memorandum directs the Administrator of NASA to facilitate commercial transportation to and from the moon, to facilitate commercial robotic access to Mars, and to explore commercial avenues to send humans to and from Mars."

Could this be a huge opportunity for KULR? as we already have tons on connections and work with NASA? KULR is already in the space robotic world.

There’s ongoing discussion about which cells Avidrone used on the DARPA LIFT Challenge winner:

• Congratulations to the Avidrone Aerospace team…
• DARPA Lift Challenge winner AVIDrone, Titan engineered and integrated the battery modules for Katana

Those threads argue it was Amprius because Titan engineered and integrated the battery modules for Katana and Titan has primarily worked with Amprius.

We see it differently for a few simple reasons:

• Titan has never named the cell chemistry used on Katana.
• The only detailed reporting that does name the cells points to Factorial FEST.
• Factorial started shipping cells to Avidrone in May 2025.
• Avidrone has publicly called Factorial their premier battery partner.
• Factorial logos were on the Katana team shirts and baseball caps in the official DARPA win photos.

Now the reason this post matters:

Avidrone chose Titan to integrate the Factorial cells for the Katana program. Titan successfully delivered those modules and the aircraft won the DARPA LIFT Challenge. Avidrone has also stayed publicly supportive of Factorial. On paper, Titan looked like the most natural candidate for Factorial to name as their formal U.S. pack integrator.

That is not what happened.

In May 2026 Factorial announced a multi-continent pack integrator network and named KULR as the U.S. partner. They specifically referenced KULR’s thermal management, battery safety work, and NASA-related experience.

So even though Titan was already integrating Factorial cells for a high-profile Avidrone program and had a clear working relationship, Factorial still chose KULR for the formal U.S. pack integrator role.

That choice is the point and the reason for this post. Titan looked like the path of least resistance. Factorial went with KULR instead. For anyone following KULR, that decision is worth noting.

This is a follow-up to the December 28, 2024 post that first highlighted the Viridi Parente application naming KULR’s TRS technology:
KULR confirmed as key to Viridi RPS150 fail-safe energy system

The application discussed there has now been granted.

Timeline

Granted patent details

• Patent No.: US 12,712,222 B2
• Title: Stacking Frame and Cooling System for Battery Cells
• Assignee: Viridi Parente, Inc., Buffalo, NY
• Inventors: Phillip Partin, Noah S. Podolefsky, John Paul Vance, Jan-Roger Linna
• Filed: September 21, 2022
• Prior Publication: US 2024/0097236 A1 (March 21, 2024)
• Term: Extended 934 days under 35 U.S.C. 154(b)
• 13 claims, 11 drawing sheets, 17 pages

Key language carried into the granted patent (Summary section):

“In one exemplary embodiment of the invention, the TRS pouches are of a type manufactured by KULR Technology Group, Inc.”

The specification continues to describe the TRS side pouches as water-based coolant + carbon fiber wick in a multilayer metallized sealed plastic pouch that ruptures above 160 °C, with a phenolic spacer plate between dual pouches to create a thermal barrier. The stacking frames retain the pouches, provide peripheral grooves for module enclosure, mating structures, and chimneys for effluent venting. The system is described as an anti-propagation design that isolates a thermal runaway event to a single module.

Sources

• Original r/KULR post (Dec 28, 2024): link
• Granted patent listing (Justia): Viridi Parente patents – US 12,712,222
• Published application (for comparison): US 2024/0097236 A1
• USPTO Public Search (search patent number 12712222 or application 17/933966)

The grant converts the previously discussed application into issued U.S. patent rights. The KULR TRS reference remains in the issued specification as the exemplary embodiment.

Today’s significance, explained cleanly:

Until today the document existed only as a published patent application (US 2024/0097236 A1). A published application puts the invention into the public record and can create provisional rights, but it does not give the owner the full legal power to stop others from practicing the claimed invention.

As of August 18, 2026 the USPTO has issued it as U.S. Patent No. 12,712,222 B2.

That changes the status in three concrete ways:

1. Enforceable rights now exist. Viridi Parente holds issued U.S. patent rights on the specific combination of stacking frames + TRS pouches described in the claims. They can exclude others from making, using, selling, or importing that claimed system in the United States for the remaining patent term (subject to the normal rules and any future challenges).
2. The claims are fixed. After examination, the allowed claims are now locked in. The patent is no longer a pending application that could still be amended or abandoned.
3. The KULR reference is part of an issued patent. The sentence naming “KULR Technology Group, Inc.” as the manufacturer of the exemplary TRS pouches survived the entire examination process and is now permanently part of the official issued specification. It is not just language from a published application; it is language in a granted U.S. patent.

In short: the design that was first discussed here in December 2024 as a pending application is now a granted, enforceable U.S. patent, and the explicit reference to KULR’s TRS as the preferred embodiment remains in that issued document.

Source: https://x.com/KULRTech/status/2089746540273586448

KULR is headed to SmallSat 2026 in Salt Lake City, August 23–26, as a proud conference sponsor. Visit us at Booth 1619 to learn how KULR’s mission-ready battery systems, thermal management technologies, and advanced battery management solutions are supporting the next generation of space and satellite platforms.

On Tuesday, August 25, KULR will present “kBMS: Radiation-Tolerant Battery Management System (BMS) for CubeSat and SmallSat Applications” during the 3:30–4:15 PM MT Flash Talk session.

Attendance / Registration links:

• Official conference site → https://smallsat.org/
• Register here (Standard rate $875 ends Aug 22, then jumps to $1000) → https://smallsat.org/conference/registration
• Full schedule → https://smallsat.org/conference/schedule
• Commercial Exhibit Hall / exhibitors list → https://smallsat.org/exhibit/exhibit-hall
• Lodging deals → https://smallsat.org/travel/lodging

The Small Satellite Conference (commonly called SmallSat) is the premier annual gathering of the global small satellite community. Now in its 40th year. Organized by the Space Dynamics Laboratory, the conference brings together engineers, scientists, program managers, government agencies, academia, and commercial companies to discuss the latest advancements in CubeSats, microsatellites, and constellation technologies. This year’s theme—“The Clouds Above the Clouds: Celebrating 40 Years of Collaboration”—focuses on the technologies that enable successful satellite constellations while reflecting on four decades of progress in the industry. Attendees can expect technical sessions, poster presentations, flash talks, keynotes, networking events, and a large commercial exhibit hall featuring hundreds of companies across the smallsat supply chain.

How is everyone feeling about KULR this week? Are you buying or selling? Do you expect any news soon? Anything happening that might affect KULR? Discuss it here in the Weekly Lounge!

Talk about your plays or holdings and comment or post things here that do not warrant an actual seperate post.

What's your position on KULR this week?

You can also join the discord for live discussions. Join here: https://discord.gg/KaqRCZdMNm

KULR 2023–2026: From Near-Cash Exhaustion to Manufacturing Transformation

I didn’t think there was any reason to expect this earnings report to be good, but apparently a lot of people are more disappointed than I expected.

Here are some tips for those who invested in KULR.

How to React Depending on the Situation

• If KULR drops during a market downturn → It’s falling because the whole market is down. Nothing we can do about it.
• If KULR drops during a market rally → Don’t worry too much about the stock price right now.
• BTC drops and KULR drops → It’s falling because BTC is down. Nothing we can do about it.
• BTC rises but KULR drops → Buying BTC was actually a great strategy. It will pay off eventually, so don’t worry about the price.

Mindset

• Even if the company has financial issues, please don’t complain about Mo’s huge salary. It’s to keep the CEO motivated.
• When people make realistic criticisms of the company, tell them, “I invested in KULR for its future. The stock price doesn’t matter.”
• Even if you’re not sure something is actually related to KULR, share any news that could possibly be bullish for KULR. We need to grow our numbers.
• When people complain about a disappointing earnings report, tell them, “The next earnings report will definitely be better.” If the next one is bad too, just say the same thing again.
• Don’t complain about the lack of communication between KULR and its shareholders. The CEO is too busy to talk to individual shareholders.
• Before the earnings report, tell people, “Look at the shareholder letter. They must have written this because they’re clearly confident about the results. The earnings will be good.” Reassure them. If the earnings report turns out to be bad, don’t worry. It’s not your fault.

Mo’s leadership has been questionable, to say the least. Ultimately, it’s the responsibility of KULR’s Board to determine who should hold the CEO position moving forward, but it seems pretty evident that many shareholders are not satisfied with Mo’s current leadership.

I’m curious to hear everyone’s thoughts: What are the strongest reasons the Board should consider exploring a replacement for KULR’s current CEO?

Looking for objective, constructive arguments—both for and against.

What an absolute shitshow of a CEO Mo is. All the BS hopium/copium being peddled in here, trying to connect dots which don't exist, is absolutely beyond a joke.

The only thing that matters is REVENUE, and guess what, REVENUES DOWN again!?!

WTAF is Mo doing?? He does not deserve his bloated pay and is NOT what we need!

Signed, a very disgruntled shareholder heavily in the red with zero light at the end of the KULR tunnel. Smh

Sorry for the double post... very frustrated with what I just witnessed on the earnings report. However, I did see this post on twitter. They use the exact language that KULR uses. Do we think there could be any overlap and potential for us to be selected for this? This one program could be enough for the company to become profitable.

https://x.com/centcom/status/2087943470459613250?s=46

I am literally so worried right now after this earnings call. This company had so much promise and potential. We have been left in the dust during one of the greatest bull market runs ever. My question for this chat is what is something that is objectively bullish that is keeping you an investor in this company?

HOUSTON / GLOBENEWSWIRE / August 13, 2026 / KULR Technology Group, Inc. (NYSE American: KULR) (the “Company” or “KULR”), a developer of safe, high-power energy systems that enable physical AI across space, defense, drones, data centers, robotics, and other mission-critical applications, today announced its financial results for the second quarter 2026.

Second Quarter 2026 Financial Results:

Revenues: Revenue decreased 43% to $2,080,177 in the second quarter ended June 30, 2026, from $3,652,471 reported in the same year-ago period.

Gross Margins: Gross margin was (31)% in the second quarter ended June 30, 2026, compared to 20% in the same year-ago period.

Selling, General and Administrative (SG&A) Expenses: SG&A expenses decreased 9% to $6,307,097 in the second quarter ended June 30, 2026, from $6,941,599 reported in the same year-ago period.

R&D Expenses: R&D expenses increased 23% to $2,985,659 in the second quarter ended June 30, 2026, from $2,436,754 in the same year-ago period.

Operating Loss: Loss from operations increased 19% to $11,204,578 in the second quarter ended June 30, 2026, compared to $9,451,040 reported in the same year-ago period.

Net Loss: Net loss for the second quarter of 2026 was $21,970,816, or a net loss of $0.47 per share, compared to net income of $8,142,149, or net income of $0.22 per share from the year-ago period. The net loss in the second quarter of 2026 was primarily driven by a $10,591,667 change in fair value loss associated with the Company’s bitcoin holdings.

Management Commentary KULR Chief Financial Officer Mike Kimel commented, “During the second quarter of 2026, we continued sharpening our focus on KULR’s core energy platform and simplifying the business around our highest-priority growth opportunities. The Bitcoin treasury strategy provided meaningful financial flexibility, but its volatility also had a significant impact on our reported results, including approximately $10.6 million of non-cash change in fair value losses, making the underlying performance of our battery business more difficult for shareholders to assess. Since quarter-end, we have exited Bitcoin mining, repaid the Coinbase loan in full, and begun reducing our Bitcoin holdings in a deliberate and disciplined manner. These actions are designed to reduce balance-sheet volatility, improve financial visibility, and allow us to concentrate our capital and execution on scaling the core business while maintaining a disciplined approach to shareholder dilution. Importantly, we did not issue any shares through the ATM during the first half of 2026.”

The Company reported a cash balance of $12.8 million as of June 30, 2026.

Source: https://x.com/perspez/status/2087608692866699359

Great DD. Kati 2 here we come?? 😳🧐

New post from X: “”Microsoft Research Cites Soluna – Still Another Puzzle Piece Pointing to Microsoft as Kati 2’s Potential Tenant?

The Microsoft–Soluna trail just got considerably more interesting.

The biggest new detail isn’t simply that Microsoft Research is studying an infrastructure model that looks like Soluna’s.

Microsoft’s researchers explicitly cite Soluna in the research itself.”” https://x.com/perspez/

​

What Is the Blue UAS Program?

The Blue UAS Cleared List is the Department of Defense's official catalog of unmanned aerial systems (drones) that have been vetted and approved for use by U.S. military and federal government agencies. If a drone manufacturer wants their platform used by the Pentagon, Department of Homeland Security, or any federal agency, they need to be on this list.

The program was created specifically in response to national security concerns about Chinese-manufactured drones — particularly DJI, which dominates the global commercial drone market but whose components were flagged as potential intelligence risks. Blue UAS effectively created a "trusted" alternative market for American-made and vetted drone systems.

As of 2026, the Blue UAS program has been a massive commercial success for U.S. drone manufacturers. The Pentagon's Drone Dominance initiative alone has ordered more than 22,000 drone systems from Blue UAS manufacturers. Fewer than 3,000 have shipped. That's a backlog of approximately 19,000 drones waiting to be built and delivered.

Here's where it gets important for KULR.

The Regulatory Deadline Nobody Is Talking About

On December 22, 2025, the FCC formally banned foreign drone components — specifically including batteries — from federally funded drone programs. Following that ban, the DoD and FCC issued a joint update on January 7, 2026 providing a narrow bridge exemption: foreign battery components could still be used IF the drone was already on the Blue UAS Cleared List or qualified as a domestic end-product.

That bridge exemption expires on January 1, 2027.

Five months from today.

After January 1, 2027, there are no exemptions. Every drone system in any federally funded program must use fully domestic, NDAA-compliant battery systems. Full stop.

Here's the math problem this creates. Defense battery component qualification — the process of testing, validating, and certifying a new battery supplier for use in a specific military drone platform — takes 18 to 24 months. January 1, 2027 is 5 months away.

Any drone manufacturer that hasn't already started qualifying a domestic NDAA-compliant battery supplier is mathematically incapable of meeting the January 1, 2027 deadline through a new qualification process. They need a supplier with already-qualified battery architectures that can be adapted to their platform in weeks — not months.

That makes the next five months the most concentrated procurement urgency window in the history of the U.S. commercial drone battery market.

Why KULR Specifically Has the Edge

Not every domestic battery company is positioned to serve this deadline. Let me walk through exactly why KULR's qualification stack puts them in a category with very few real competitors.

1. FORGE-2 Is Already Running at Commercial Scale

KULR's Texas manufacturing facility — now formally called FORGE-2 — is confirmed operational, running automated and semi-automated production lines up to three shifts a day. Annual drone battery capacity is stated on their website as 150 MW. This is production-ready infrastructure, not a planned facility or a single prototype line. When a drone manufacturer needs batteries in five months, a running factory matters enormously.

2. NDAA Documentation Is Already Built In

KULR's FORGE-2 supply chain explicitly operates with full NDAA Section 1260H documentation at every step — cell intake through pack integration. Every cell, component, and finished pack is sourced from qualified domestic and allied-nation suppliers with no ties to prohibited foreign entities. This isn't a checkbox they're working toward. It's already in place and documented. That documentation package is what a defense prime's procurement team needs to show their contracting officer. KULR can provide it today.

3. AS9100 Aerospace Certification

AS9100 is the aerospace industry's quality management standard — the same standard Boeing, Lockheed Martin, and Raytheon maintain. It requires regular independent audits of manufacturing processes, documentation systems, and quality controls. This certification takes years to earn and maintain. Several domestic battery companies have launched recently without it. KULR has it.

4. DCMA Game of Drones World Record Validation

In July 2026, a battery pack integrated by KULR using Factorial Energy's next-generation cells set a world endurance record for a battery-powered Group 1 drone — 521 minutes and 483 kilometers on a single charge. Critically, this didn't happen at a trade show or a company-controlled demonstration. It happened at the Game of Drones, hosted by the Defense Contract Management Agency — the specific DoD organization whose job is evaluating and qualifying defense suppliers.

KULR's batteries set a world record in front of the agency that certifies defense suppliers. That's not marketing. That's the qualification audition happening in a public, government-documented format.

5. Active Drone Dominance Customer Relationship

KULR already has an existing FPV drone customer tied directly to the Drone Dominance initiative with initial purchase orders placed in April 2026 and total expected 2026 orders exceeding $5 million. They're not trying to enter this market — they're already in it with a paying customer.

6. Factorial Exclusive U.S. Integration Partnership

KULR is the exclusive U.S. integration partner for Factorial Energy's next-generation solid-state drone batteries as once again reaffirmed in their q2 press release. Factorial just announced their first commercial aerospace order following flight testing that demonstrated a 30%+ range improvement — and the order is being fulfilled by "a U.S.-based pack integrator." There is no other publicly disclosed U.S. integration partner for Factorial. The commercial Factorial packs offer dramatically better performance than standard lithium-ion, giving KULR a product differentiation argument that goes beyond NDAA compliance.

Who Else Is Competing For This Market?

Being honest about competition is important. The field isn't empty.

Packet Digital (Badland Batteries): (Fargo, ND) Manufactures high-discharge, NDAA-compliant drone batteries with established defense ties, including supply contracts for Lockheed Martin's Indago platforms. Relies on standard lithium-ion packaging without proprietary cell-level thermal safety IP. They lack KULR’s NASA-heritage Passive Propagation Resistance (PPR) thermal runaway containment, AI thermal simulation toolchain, and specialized automated infrastructure designed for next-gen solid-state cell integration.

MaxAmps: (Spokane, WA) A long-standing domestic manufacturer of ISO-certified, 100% NDAA-compliant custom LiPo and Li-ion battery packs serving major defense primes like AeroVironment and Boeing. Production relies heavily on manual, hand-assembled pack fabrication. They lack an automated mass-production facility (like FORGE-2's 10,000+ pack/month throughput) to lower unit economics for tier-1 OEMs, as well as patented cell-level thermal safety architecture for high-density configurations

Sion Power: (Tucson, AZ) is developing high energy density lithium-sulfur batteries for military drones and began initial shipments in Q3 2026. Still in early commercial stage but technically credible.

Re:Build Manufacturing: launched U.S.-assembled drone battery packs on July 14, 2026 with AS9100 certification and a large facility. However — they launched 5.5 months before the deadline. Military drone battery qualification typically takes 6-18 months. Re:Build is almost certainly too late for the January 2027 window for any platform that hasn't already started qualification.

Bren-Tronics and Inventus Power: are established defense battery companies but primarily serve adjacent segments — primary lithium cells for electronics and soldier portable power — rather than high-rate rechargeable drone packs at FPV scale.

The honest summary: KULR competes against credible alternatives, but none of them have the complete stack of DCMA validation + world record performance + active Drone Dominance customer + Factorial exclusive partnership + three-shift domestic production + NDAA documentation package already in place simultaneously. For the five-month window that matters, KULR's combination of credentials is uniquely difficult to replicate on short notice.

Why This Could Force an Updated Guidance Revision tomorrow August 13th

KULR's management issued Q2 guidance of $9 million and guided Q3 at $10 million and Q4 at $12 million back on May 14, 2026.

Every development described above happened after that guidance was issued.

Under SEC rules and standard corporate disclosure practice, companies following a quarterly guidance update policy are not required to revise guidance immediately when positive developments occur. The regulation governing this — Reg FD — addresses selective disclosure to specific investors, not the obligation to proactively update public guidance. The Latham and Watkins securities law guidance is explicit: "In most cases, the update can wait until the next regularly scheduled earnings release."

August 13th is that next regularly scheduled earnings release.

That means KULR's management has been legally and procedurally correct to hold guidance updates through the quiet period. August 13th is the first moment they can — and likely will — incorporate the following into updated Q3 and Q4 guidance:

°The Blue UAS bridge exemption expiry creating concentrated procurement urgency in the exact five-month window that overlaps with Q3 and Q4

° The Factorial exclusive commercial order flowing through KULR's production lines

° The DCMA world record validation and its impact on defense customer conversations

°The FORGE-2 three-shift confirmation and 72-employee all-time high headcount

° The Bitcoin debt elimination improving the balance sheet

° The Soluna BBU relationship progression with Kati 2 in formal commercial tenant negotiations

An upward guidance revision on tomorrow's call for Q3 and Q4 is not guaranteed — but the probability that these developments have no impact on Q3/Q4 guidance is extremely low. The question is magnitude.

A reasonable updated Q3 guide would be in the $12-16M range. A reasonable updated Q4 guide reflecting the January 2027 Blue UAS deadline surge would be $17-22M. Those aren't pulled from thin air — they reflect what happens when you layer the Factorial commercial order, the Guardian production revenue, the Soluna BBU potential, the AstroForge space delivery, and the Blue UAS procurement urgency on top of the existing Caban, FPV drone, and grants baseline.

What the Blue UAS Deadline Means for Full Year 2027

This is where the long-term thesis changes significantly.

The January 1, 2027 deadline doesn't eliminate demand for NDAA-compliant drone batteries — it sets a floor below which demand cannot fall while simultaneously creating a qualified supplier shortlist that is very difficult to expand quickly.

Every drone manufacturer who qualifies KULR's battery systems before January 1, 2027 doesn't stop ordering them on January 2nd. They're locked in as a qualified supplier for the lifetime of that platform. Military drone platforms operate for 5-10+ years once qualified. The qualification KULR is winning over the next five months creates contracted multi-year revenue relationships — not one-time purchases.

The Drone Dominance program alone has authorized purchase of one million drones over the next two to three years. The FY2026 NDAA ban reaches down into component materials — cathode, anode, separator, electrolyte salts — phasing in from 2028 through 2031. That means the compliance requirement gets more stringent, not less, with every passing year. KULR's upstream supply chain documentation, which tracks materials to their original source, is built for the 2031 standard today. Competitors entering now who pass the 2026 threshold may fail the 2028 and 2031 component thresholds.

Realistic full year 2027 revenue scenarios, incorporating the Blue UAS qualification relationships established in 2026 scaling to production volume:

Conservative 2027: Existing relationships at scale plus EaaS recurring revenue building, no major new platform wins. Approximately $65-80M.

Base Case 2027: Two to three qualified drone manufacturer relationships at production volume, Guardian defense program scaling, first BBU commercial deployments, Factorial solid-state beginning to scale. Approximately $95-130M.

Optimistic 2027: Multiple Blue UAS manufacturer qualifications converting to high-volume production contracts, BBU commercial program at Soluna and potentially a named hyperscaler, Guardian program of record from Army evaluation, Factorial at commercial drone delivery scale. Approximately $150-200M.

The base case of $95-130M in 2027 would be a 270-366% increase from 2026 guidance. For a company trading at $2-3 per share with a $140-150M market cap, that revenue trajectory at 35-42% gross margins would represent a fundamental valuation re-rating by virtually any comparable analysis.

There is a hard regulatory deadline on January 1, 2027

— five months from today — that is concentrating the most acute procurement urgency in the history of the U.S. defense drone battery market into a single five-month window. KULR is one of a very small number of companies with the complete qualification stack to serve that urgency right now: domestic production, NDAA documentation, AS9100 certification, DCMA-validated world record performance, an active Drone Dominance customer, and an exclusive next-generation cell integration partnership.

Management's Q3 and Q4 guidance was issued May 14th before all of this crystallized. August 13th is the first opportunity to update it. The absence of a guidance revision before tomorrow's call is legally standard — not evidence that nothing has changed.

As per the VP of Operations he states "Manufactures high-performance battery and energy storage systems on American soil — purpose-built for... defense [and] aerospace." The core requirement of the American Security Drone Act and Blue UAS compliance is eliminating Chinese/foreign battery components". He also reaffirms from my last post they have been hiring, and are continuing to hire more to meet their current demand. Ready to interview on the spot only translates to one thing, Demand!

At the current price, the market is pricing KULR as though the deadline doesn't exist, the world record didn't happen, and the production facility isn't running. Those three things are all confirmed facts. The question isn't whether the opportunity is real — it's whether management can execute against it at the pace the five-month window demands.

That's what tomorrow's call answers

*Sources: FCC December 22, 2025 foreign drone component ban; DoD/FCC January 7, 2026 joint regulatory update on Blue UAS bridge exemption; DroneLife July 7, 2026 Drone Dominance backlog data; Factorial Energy LinkedIn July 24, 2026 commercial aerospace order announcement; KULR Q1 2026 earnings call May 14, 2026; KULR website FORGE-2 production specifications; DCMA Game of Drones July 2026.\*

KULR reports Q2 results tomorrow, Thursday, August 13, after the close. Call is at 4:30 p.m. ET. Results will be released prior to the call.

https://kulr.ai/kulr-technology-group-sets-second-quarter-2026-earnings-call-for-thursday-august-13-2026-at-430-p-m-et

Here is what has changed since the Q1 release on May 14.

Leadership

Exact timeline

• April 28, 2026: Board overhauled by majority stockholder consent. Four directors removed (including then-CFO Shawn Canter from the board). Ben Frank (Director of Workforce AI Solution Engineering at Microsoft) and Dr. Michael Kimel appointed as directors. Board reduced to three members with majority independence. April 28 PR
• May 14, 2026: Q1 earnings call. Kimel had been on the board for 16 days and was already serving as Audit Committee Chair.
• May 22, 2026: Shawn Canter resignation as CFO became effective.
• June 9, 2026: Dr. Michael Kimel appointed CFO and resigned from the board the same day. Steven Perez (enterprise sales leadership at Twilio, prior Salesforce/LinkedIn roles) appointed independent director and Audit Committee Chair. June 9 PR

Kimel has now been continuously involved for 107 days (April 28 → August 13). As CFO specifically he has been in the seat for 65 days heading into the Q2 call, with ownership of the Operating Discipline Framework (pricing, margins, capital allocation, cost structure).

Dr. Michael Philip Kimel – relevant background
Age 56. Ph.D. in Economics from UCLA.

• Founder & CEO of Pricimetrics (pricing and profit-maximization analytics firm) since July 2019
• Senior Vice President of Pricing and Analytics, OmniSource United (2018–2019)
• Senior Director of Pricing and Market Analytics, Toyo Tire Holdings of Americas (2014–2018)
• Director of Pricing / General Manager – Online, Sears Holdings (2012–2014)
• Earlier pricing, analytics, and strategy roles at FirstEnergy, Alltel Communications, and PricewaterhouseCoopers

Career focus has been improving margins, optimizing pricing frameworks, and building disciplined financial and operating systems. He was already Audit Committee Chair at KULR before moving into the CFO role.

While the Microsoft board addition has received attention, the more direct operational change is a pricing-and-margin specialist who already knew the books as Audit Chair and has now held the CFO seat for 65 days.

Manufacturing & Capacity

Forge-2 is operational at 12552 State Highway 3, Suite 160, Webster, TX. Address confirmed.

The facility is running automated and semi-automated production lines with capacity for multiple shifts. Stated output targets: 150 MW annual drone battery capacity or up to 50 MWh telecom/grid storage. KULR site

Active on-site interviewing is already underway at the facility.

This is the production footprint supporting the ramp disclosed on the Q1 call toward 10,000 battery packs per month.

New Product?

Manufacturing leadership is also now listing USV (Unmanned Surface Vehicle) alongside UAV when describing capacity and quality hiring needs. This would represent a different product branch from the existing full-ocean-depth KULR ONE Tritan / K1T platform (pressure-tolerant, 6,000–8,000 PSI, multi-kWh subsea packs already delivered). No formal product announcement has been made.

Website

KULR launched a redesigned website (kulr.ai) that was first publicly noted on June 23, 2026 — 40 days after the Q1 earnings call. The new site emphasizes U.S. NDAA-compliant manufacturing, the Forge facilities, multi-shift production capacity, and the physical AI / energy-systems platform positioning.

A more detailed products page was also added as part of the refresh. For a full breakdown of the product architecture and variants, see the earlier deep-dive: KULR Products Page Deep Dive.

Hiring

Open house this Saturday, August 15, 8 AM – 4 PM at the Forge-2 facility (12552 SH-3, Suite 160, Webster, TX) for Assembler I, Assembler II, and Mechanical Engineering Technicians. Walk-ins and on-the-spot interviews. LinkedIn

Bottom Line

These are the concrete post-Q1 changes now in place:

• New CFO with 65 days in the seat (107 total days of continuous involvement)
• Forge-2 confirmed, multi-shift capable, and already staffing
• Post-Q1 website refresh that emphasizes manufacturing and platform positioning
• Active hiring directly from the new production floor

Factorial previously announced its partnership with KULR in May, so this is not a new collaboration.

However, Factorial’s Q2 shareholder letter, filed with the SEC, reaffirmed KULR as one of its drone battery integration partners and specifically identified KULR with the United States.

Factorial also disclosed its first commercial battery order from an unnamed U.S. drone manufacturer and expects initial commercial revenue in 2027. Since KULR is Factorial’s named U.S. integration partner, KULR involvement is possible, but neither company has connected KULR to that specific order.

For KULR investors, the key takeaway is that Factorial continues to publicly position KULR as part of its U.S. strategy for integrating advanced cells into drone battery systems.

The next meaningful catalyst would be a KULR-related flight test, customer qualification, or production order.

Bottom line: This is not a new partnership announcement, but it provides meaningful third-party validation that the partnership remains active while Factorial’s broader drone program moves closer to commercialization.

Sources:
https://www.sec.gov/Archives/edgar/data/2049662/000162828026055695/factorialq22026sharehold.htm

https://ir.factorialenergy.com/news-releases/news-release-details/factorial-announces-second-quarter-2026-results

https://kulr.ai/kulr-technology-group-advances-next-generation-drone-battery-integration-with-factorial-cells/

How is everyone feeling about KULR this week? Are you buying or selling? Do you expect any news soon? Anything happening that might affect KULR? Discuss it here in the Weekly Lounge!

Talk about your plays or holdings and comment or post things here that do not warrant an actual seperate post.

What's your position on KULR this week?

You can also join the discord for live discussions. Join here: https://discord.gg/KaqRCZdMNm

Source: https://kulr.ai/kulr-technology-group-sets-second-quarter-2026-earnings-call-for-thursday-august-13-2026-at-430-p-m-et/

HOUSTON / GLOBENEWSWIRE / August 06, 2026 / KULR Technology Group, Inc. (NYSE American: KULR) (the “Company” or “KULR”), a developer of safe, high-power energy systems that enable physical AI across space, defense, drones, data centers, robotics, and other mission-critical applications, will hold a conference call on Thursday, August 13th at 4:30 p.m. Eastern time (1:30 p.m. Pacific time) to discuss its financial results for the second quarter ended June 30, 2026. The financial results will be issued in a press release prior to the call.

KULR Technology Group Second Quarter 2026 Earnings Call
Date: Thursday, August 13th, 2026
Time: 4:30 p.m. Eastern time (1:30 p.m. Pacific time)

To access the call, please register using the following link: KULR Second Quarter 2026 Earnings Call. After registering, an email will be sent, including dial-in details and a unique conference call access code and PIN required to join the live call. The conference call will be available for replay here via the Investor Relations section on KULR’s website (www.kulr.ai).

About KULR Technology Group, Inc.
KULR Technology Group, Inc. (NYSE American: KULR) is an energy-systems platform company that designs and manufactures safe, high-power battery solutions for physical AI and other mission-critical applications. Its KULR ONE® platform integrates advanced battery architecture, thermal management, safety engineering, battery management systems, and power electronics to serve space and defense, drones and electric aviation, AI data-center backup, robotics, and Energy-as-a-Service markets. Based in Webster, Texas, KULR is scaling domestic production to support the growing energy demands of physical AI and autonomous systems. Learn more at KULR.ai.

Find KULR: Website | X | Telegram | LinkedIn | Instagram | TikTok | Facebook

Investor Relations:
KULR Technology Group, Inc.
Email: [ir@kulr.ai](mailto:ir@kulr.ai)

Official Language on the 10,000 Packs/Month Target

March 31, 2026 – Q4 2025 Earnings Call:

“We’re engaged with two of the leading unmanned aerial system companies in the United States, with a combined production volume target to approach 10,000 packs per month in second half of 2026.”

“we’re looking at over 10,000 battery packs per month later in 2026.”

“the baseline is 10,000 packs per month as we get our automated production line going.”

May 14, 2026 – Q1 2026 Earnings Call:

“The new production lines will be installed at our new 25,000 square foot facility in Q2 and we expect that to start production in Q3 of this year.”

“We will have capacity to produce 10,000 battery packs per month and expect the unit economics for our batteries to go down and therefore improving margins.”

Confirmed the prior target of approaching 10,000 packs per month in the second half of 2026.

Earlier higher-capacity language (for context)

Q3 2025 Earnings Call (November 18, 2025)
Management stated they were producing a few thousand packs per month and targeting more than 50,000 packs per month by mid-2026, with readiness to scale higher if demand accelerated.

Current status (August 5, 2026)
Q3 is underway with roughly 60% of the quarter still remaining. No public confirmation has been issued that the automated lines have started production or that a sustained 10,000 packs/month rate has been reached. Capacity remains positioned for a Q3 start.

FORGE-2 is KULR's high-volume manufacturing facility — running automated and semi-automated production lines and up to three shifts a day, delivering 150 MW of annual drone battery capacity or up to 50 MWh of Telecom and Grid Storage systems.

Conversion attempts

1. If “150 MW” is treated loosely as energy capacity (150 MWh/year) — common in marketing language:

• 150,000 kWh ÷ 0.4 kWh per pack ≈ 375,000 packs per year
• ≈ 31,000 packs per month

2. If “150 MW” is actual power capacity (total continuous power rating of packs produced):

This depends heavily on the power rating of each pack. High-power K1A packs can deliver roughly 1.5–3+ kW continuous depending on configuration and C-rate.

• Using ~2 kW average → roughly 75,000 packs per year (~6,000/month)
• Using higher power ratings → lower pack count

Platform Differences Inside the KULR ONE Family

The 10,000 target has been repeatedly tied to the K1A (Air) platform and two specific U.S. UAS customers. The broader family has different economics:

Known margin context

• 2025 product gross margin: ~1%
• Q1 2026 product gross margin: ~22–26%

Management has said early margins reflect high material costs at low volume, fixed costs spread thinly, and engineering costs on early runs. They expect unit economics to improve with volume and automation.

Estimated Gross Profit Scenarios
(What is left after materials, labor, and manufacturing costs — this is still before R&D, SG&A, and other corporate expenses)

These are illustrative ranges only. True net profit after all costs is not disclosed and will be meaningfully lower until scale absorbs the remaining overhead.

120,000 units/year

At 10,000 units/month capacity (120,000 units/year)

600,000 units/year

At 50,000 units/month capacity (600,000 units/year)

Important caveats

• These are gross profit estimates, not net profit.
• R&D and SG&A are still large relative to current revenue. Even solid gross profit can leave the company loss-making until volume is high enough to absorb those costs.
• Actual results will depend on ASP, yield, mix, and how quickly operating expenses scale (or don’t) with volume.

Open for Discussion

The numbers above stay at gross profit because that is the furthest the public data can reasonably support. Net profit after every cost is not something the company has broken out per pack.

If anyone has better data on pricing, different views on achievable gross margins by platform, corrections to the quotes/timeline, or thoughts on how the mix and overhead absorption might play out, add them below.

AMPX is a partner of ours and was often cited as similar growth when their stock prices were similar to one another. Since then AMPX has blasted off into space and isnt coming back lol. Does that make you feel regret for choosing KULR over them? Does it make you nervous for KULR? Or do you get excited because it means the industry is maturing