Since unveiling the KULR ONE platform at CES in January 2024, KULR Technology has made significant strides that are likely to drive substantial growth in their upcoming Q2 earnings report. The company secured a $1.13 million contract with the U.S. Army in April 2024, followed by an $865,000 deal with Nanoracks in March 2024, and a $400,000 contract with NASA in June 2024. Additionally, the Forge Nano agreement, signed in September 2023, guarantees $3.5 million over 12 months. These high-value contracts, along with ongoing revenue from recurring contracts estimated between $1.5 million and $2 million per quarter, position KULR to exceed its Q2 revenue estimate of $2.23 million.

CEO Michael Mo's strategic cost management and salary reductions are expected to further enhance profitability. KULR’s impressive client roster includes General Motors, SpaceX, NASA, the U.S. Army, UPS, Meta, Bombardier, Lockheed Martin, NanoRacks, Forge Nano, and even Japanese automakers, with Tesla potentially joining the list soon. Moreover, KULR has secured Department of Transportation (DOT) approval for ground transportation and holds an exclusive license from NASA for its internal short circuit (ISC) technology. With such strong fundamentals and strategic advancements, KULR is poised for a significant earnings boost, making it a compelling buy before Monday’s after-hours report.