CEO Mo: Q1 revenue nearly doubled, gross margin expanded; defense drone prototype contract won

KULR Technology Group, Inc.

Q1 revenue nearly doubled year-over-year; product sales grew sharply, gross margin expanded, OpEx decreased.
Won prototype contract for a US defense drone program; manufacturing scaling to thousands of packs/month.
Engaged with two humanoid robotics customers; establishing operations in Japan.
Five core markets: Space & Defense, Low Altitude Economy, AI Data Center Backup, Energy as a Service, Robotics.
KULR ONE platform aims to be the energy infrastructure layer for physical AI; battery is infrastructure.

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