What's Going On With KULR Technology Group Stock?

KULR Technology Group Inc KULR shares are trading higher by 32% to $1.53 Monday morning, despite a lack of company-specific news for the session.

The stock is up some 132% over the trailing five sessions after the company announced it has been awarded a contract by the U.S. Navy to enhance its Internal Short Circuit (ISC) technology, enabling activation at higher temperatures.

What Else: KULR in a press release last week said this advancement is critical for safety-critical applications, particularly in aviation, where it aligns with the safety standards of the FAA and EASA.

Originally developed with NASA and the National Renewable Energy Laboratory, KULR's says the ISC devices induce controlled thermal runaway in lithium-ion batteries for safer and more accurate testing.

KULR says the improved devices will provide deeper insights into battery performance under extreme conditions, supporting resilience and safety in high-stress environments for both military and commercial use.

Read Also: Biden Targets China With New Chip Restrictions, Nvidia Slides

How To Buy KULR Stock

Besides going to a brokerage platform to purchase a share – or fractional share – of stock, you can also gain access to shares either by buying an exchange traded fund (ETF) that holds the stock itself, or by allocating yourself to a strategy in your 401(k) that would seek to acquire shares in a mutual fund or other instrument.

For example, in KULR Tech Group’s case, it is in the Industrials sector. An ETF will likely hold shares in many liquid and large companies that help track that sector, allowing an investor to gain exposure to the trends within that segment.

According to data from Benzinga Pro, KULR has a 52-week high of $1.67 and a 52-week low of $0.10.