KULR Technology Group Secures Five-Year Battery Supply Agreement with Caban Energy

Reuters

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KULR Technology Group Secures Five-Year Battery Supply Agreement with Caban Energy

KULR Technology Group Inc. announced it has been awarded a five-year preferred battery supply agreement from Caban Energy, a Miami-based renewable energy services and technology company. The agreement is expected to generate approximately $30 million in total revenue for KULR starting in 2026. As part of the agreement, KULR will take over Caban's Plano, Texas-based manufacturing assets, expanding its U.S. production capacity. This move is intended to support KULR’s growth into communications, fiber, and data-center energy storage markets across the United States.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. KULR Technology Group Inc published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 9625267) on January 14, 2026, and is solely responsible for the information contained therein.

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