KULR Signs $30m Battery Supply Deal and Expands U.S. Manufacturing
Summary
$KULR has secured a five-year preferred battery supply agreement expected to generate roughly $30 million in revenue from 2026 onward.
The acquisition of Caban Energy’s Texas manufacturing facility significantly expands KULR’s U.S. production footprint.
The deal strengthens KULR’s position in backup power markets tied to telecom, fiber networks, and data centres.
KULR Technology Group has signed a five-year preferred battery supply agreement with Caban Energy, marking a meaningful commercial win for the company. The agreement is expected to deliver approximately $30 million in total revenue, beginning in 2026.
For KULR, the structure of the deal matters as much as the headline number. Long-term supply agreements add revenue visibility and reduce reliance on short-cycle or project-based sales.
As part of the transaction, KULR will acquire Caban Energy’s manufacturing facility in Plano, Texas. This move immediately expands KULR’s domestic production capacity at a time when U.S.-based manufacturing is increasingly prioritised.
The Texas facility strengthens KULR’s ability to serve customers operating critical infrastructure. Demand for reliable backup power continues to rise across telecom networks, fiber installations, and data centres.
KULR’s battery solutions are designed for applications where uptime and safety are essential. These markets value proven performance over experimentation, which plays to KULR’s technical positioning.
The expansion also reduces supply chain friction by bringing more production closer to end customers. For enterprise and infrastructure buyers, shorter lead times can be as important as cost.
From an investor perspective, the deal signals execution rather than speculation. KULR is converting industry demand into contracted revenue while scaling its operational footprint.
As backup power becomes a non-negotiable requirement for digital infrastructure, agreements like this place KULR in a stronger position heading into 2026.