KULR Technology Shares Climb As The US DoT Upgrades Battery Coverage

  • The U.S. Department of Transportation modified KULR Technology Group Inc's KULR existing DoT Special Permit (SP21139).
  • The upgraded permit now includes transportation reused, refurbished, and retrofitted lithium-ion and metal batteries for recycling, reducing administrative requirements for customers by streamlining real-time operations, which provide substantial cost and time savings.
  • The permit ensures KULR-Tech Safe Case addresses batteries of any condition and provides exceptions from shipping papers and employee training when shipping lithium batteries up to 2.1 kilowatt-hours. 
  • Price Action: KULR shares traded higher by 3.45% at $2.10 in the premarket session on the last check Thursday.
Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Posted In: GovernmentNewsPenny StocksMoversTechTrading IdeasBriefs
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!