TechFlow, November 19 — KULR Technology Group (NYSE American: KULR) released its third-quarter 2025 financial results, reporting revenue of $6.88 million, a 116% year-over-year increase, with product sales rising 112% to $1.62 million. The company simultaneously announced the launch of the KULR ONE Air battery line for drone systems in partnership with Amprius and Molicel, a 3.3-megawatt Bitcoin mining hosting collaboration with Soluna Holdings, and the introduction of six new CubeSat batteries along with its next-generation battery management system. Despite strong revenue growth, gross margin declined to 9% from 71% in the same period last year, and the company reported a net loss of $6.97 million for the quarter, primarily due to one-time impairment charges and accounts receivable credit losses.
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