KULR Technology Group Inc is trading approximately 14% up today at around the mid-$5s as it extends gains following a new U.S. military drone battery development agreement.
- The company secured a prototype battery development contract with a U.S.-based military drone manufacturer, marking its second defense-related deal in just over a month.
- Investors view the agreement as a key driver in strengthening the company's defense-growth pipeline and expanding its footprint in the specialized military technology sector.
- The momentum follows a June 2, 2026 announcement, building on a series of recent contract wins for the energy management platform provider.