KULR Gains on Korean Contract
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KULR Technology Group, Inc. (NYSE: KULR) has gained 5.2% in share value following the announcement of a contract with South Korea’s Nara Space to supply battery systems for their CubeSat mission aboard Artemis II. The contract is valued at approximately $1.5 million and highlights KULR's growing influence in the aerospace sector. This collaboration involves the Korea Astronomy and Space Science Institute and NASA, showcasing KULR's strategic investment in energy solutions for space applications.
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