Value investors should keep an eye on KULR Technology Group, Inc. (NYSE American: $KULR) . While there’s a lot going on to send shares prices back over the $3.00 level, news last week can expedite the move. They announced securing three additional contracts with United States Department of Defense (“DoD”) prime contractors implementing its carbon fiber cathode solution for high power magnetic and other covert pulse weaponry initiatives.
As the core building block for exceptional thermal absorption and reflective qualities in cathode applications, KULR’s carbon fiber configuration provides the conduit for transference of high-power electron pulses generated via field emission throughout the carbon fiber architecture. KULR’s carbon fiber cathodes can be customized for different applications including the generation of microwaves, X-rays, and lasers. They can be fabricated in a wide variety of physical configurations, ranging from simple planar and cylindrical forms to more complex lobed shapes. KULR said it looks forward to providing important news about further DoD awards throughout 2022.
$KULR is trading at $2.44, up about 1% on a weak NASDAQ.