KULR Faces Setbacks But Sees Opportunities Ahead
KULR Technology Group, Inc.'s Q2 revenue and profitability took a hit due to supply chain, execution, and transition challenges.
Despite this setback, demand for the company's products remains strong.
The firm is refocusing on its core battery business, having exited Bitcoin mining and repaid debt.
New manufacturing capacity is coming online to support growth in the U.S. drone market.