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8-K//Current report

KULR Technology Group, Inc. 8-K

Accession 0001104659-26-003564

$KULRCIK 0001662684operating

Filed

Jan 13, 7:00 PM ET

Accepted

Jan 14, 8:30 AM ET

Size

222.6 KB

Accession

0001104659-26-003564

Research Summary

AI-generated summary of this filing

Updated

KULR Technology Announces 5-Year Battery Supply Deal with Caban

What Happened

  • KULR Technology Group, Inc. filed a Form 8-K on January 14, 2026, announcing a five-year preferred battery manufacturing and supply agreement with Caban Energy, a Miami-based renewable energy services and technology company.
  • The agreement is expected to generate an estimated $30 million in total revenue to KULR over the five-year term beginning in 2026. KULR also made a non-material purchase of certain Plano, Texas-based manufacturing assets from Caban and entered into the related manufacturing and supply agreement. The company furnished a press release as Exhibit 99.1.

Key Details

  • Estimated revenue: approximately $30 million over the five-year term starting in 2026.
  • Asset purchase: non-material acquisition of Caban’s Plano, Texas manufacturing assets used for UL-listed battery packs.
  • Contract terms: initial manufacturing and supply agreement term is five years and gives KULR the first right of refusal to manufacture and supply all UL-certified battery products for Caban during the term.
  • Filing date: Form 8-K filed January 14, 2026; press release furnished as Exhibit 99.1.

Why It Matters

  • The deal provides a potential multi-year revenue stream (~$30M) and adds manufacturing capacity, which could strengthen KULR’s domestic production footprint.
  • The supply agreement and first-right-of-refusal position KULR to be Caban’s primary UL-certified battery pack supplier, supporting KULR’s push into communications, fiber, and data center energy storage markets in the U.S.
  • These statements are forward-looking and subject to risks and uncertainties noted in KULR’s SEC filings; there is no guarantee the expected revenue or benefits will materialize.