KULR Technology Group has secured a contract to design and develop prototype lithium-ion battery packs for a U.S.-based military drone manufacturer. This agreement involves system design, testing, certification, and production readiness for unmanned aerial vehicles and their controllers. The contract supports the Pentagon's Drone Dominance initiative, aiming to deploy 300,000 low-cost attack drones by 2027, reflecting strong demand for domestic drone supply chains and advanced battery systems. This positions KULR as a key player in the growing defense drone battery market, projected to reach $45.64 billion by 2035.
Bitcoin miners are experiencing declining revenue as the network's hash rate and mining difficulty fall, reflecting a shift of miners into AI infrastructure. Despite this stress, miners are accumulating Bitcoin, with reserves increasing by 1%, signal...
Lululemon invested in Syntetica's $30 million Series A funding to support its innovative recycling of Nylon 6 and Nylon 6,6, materials difficult to separate and reuse in textile waste. This move aligns with growing industry demand for sustainable, co...
Ethereum futures long positions among top traders increased by over 3 percentage points across both USDT- and coin-margined markets, indicating a broad-based shift in short-term sentiment. This rise suggests heightened attention on ETH compared to ot...
NVIDIA announced that leading Japanese companies in robotics and manufacturing are adopting its Cosmos, Isaac, Metropolis, and Jetson platforms to accelerate AI-powered intelligent machines across industries. The new Cosmos 3 Edge model enables real-...
Oil prices are rising sharply due to renewed US naval blockades on Iranian shipping and increased tensions in the Strait of Hormuz, a critical oil transit route. Brent crude is holding above $85 and WTI above $80, with forecasts suggesting WTI could ...
