KULR Technology Group Secures $5 Million in Drone Battery Orders for 2026
KULR Technology Group has received initial orders approaching $1 million for KULR ONE Air batteries, aimed at the U.S. defense market. Anticipated total orders from the customer exceed $5 million, with fulfillment expected by end of 2026, reflecting KULR's growing footprint in the rapidly expanding drone defense sector.
Theia Market Signal Identification - AI Assisted
KULR Technology Group (NYSE American: KULR) has secured initial orders totaling nearly $1 million for KULR ONE Air® (K1A) batteries, with expectations that total orders will exceed $5 million by the end of 2026. These batteries are specifically designed for unmanned aerial systems (UAS) and are part of the customer's involvement in the Department of Defense's $1.1 billion Drone Dominance initiative, which aims to deploy cost-effective drones for military use.
The global drone defense systems market is projected to grow from $120.5 billion in 2026 to $6.86 trillion by 2034, at a compound annual growth rate of 65.7%. KULR's recent corporate strategies include the addition of two new board members and partnerships with Robinson Helicopter Company and Hylio to enhance battery technology across various applications. KULR's initiatives position it favorably within a rapidly evolving industry.
Comments