KULR Technology reports 116% Q3 revenue growth and $24.5M in cash reserves

Key Takeaways

  • KULR Technology reported a substantial 116% year-over-year revenue growth for Q3.
  • The company holds $24.5 million in cash reserves, suggesting strong financial stability.

KULR Technology, a thermal management solutions company, reported 116% revenue growth in its third quarter today, accompanied by $24.5M in cash reserves.

The company has been expanding its presence across unmanned aerial systems, space systems, and Bitcoin mining through ongoing investments in product development, R&D, and partnerships.

KULR is advancing product innovation and strengthening its positioning through continued investments across these three key sectors.

Source: https://cryptobriefing.com/kulr-technology-q3-revenue-growth-cash-position/