KULR Technology Group Inc. (NYSE American: KULR) announced today it is working with Factorial Inc. to integrate solid-state and lithium-metal battery cell technologies into drone battery packs. The company has a market capitalization of $167 million and demonstrated strong revenue growth of 62% over the last twelve months.
The integration work is part of Factorial's deployment effort for its battery platform across drone systems in the United States, Europe, and Asia-Pacific. KULR is supporting integration focused on adapting Factorial cells for unmanned aircraft systems flight environments through battery safety, thermal management, and pack design.
"Factorial is pushing the frontier of solid-state and lithium-metal battery innovation," said Michael Mo, CEO of KULR Technology Group. Siyu Huang, CEO of Factorial, added: "They bring best-in-class battery platform and pack integration capabilities to a U.S. drone market that is scaling faster than ever."
The companies recently displayed initial battery pack demonstrations at XPONENTIAL 2026 in Detroit.
