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

Reuters
2026.01.14 13:30
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KULR Technology Group Inc. has secured a five-year battery supply agreement with Caban Energy, projected to generate around $30 million in revenue starting in 2026. The agreement includes KULR acquiring Caban's manufacturing assets in Plano, Texas, enhancing its production capacity to support growth in communications, fiber, and data-center energy storage markets in the U.S.