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KULR Secures Exclusive Entry Into Multi-Billion Dollar Robotics Market

  • Writer: Checkers
    Checkers
  • 7 days ago
  • 3 min read

KULR Technology Group (NYSE American: KULR) has taken a major step into robotics and physical AI with the announcement of a partnership with German Bionic. The agreement gives KULR exclusive North American rights to market and distribute the Apogee ULTRA, a sixth-generation industrial exoskeleton currently used across Europe by logistics firms, healthcare providers, airports, and manufacturers.


With a proven deployment record already in place overseas, the system is ready for rollout in the United States. This deal gives KULR full commercial control across the U.S. and Canada, putting it in position to meet rising demand from sectors under pressure to raise output without expanding headcount.


Worker in an Apogee ULTRA lifts a brown box labeled "CM Electric Chain Hoist" in a warehouse, wearing a harness. Shelves with more boxes in background.

To support the launch, KULR has formed a new division called KULR AI & Robotics. The group is led by Josh Steinmann and is focused on deploying the Apogee ULTRA across logistics, construction, healthcare, and defense-adjacent industries. These sectors are already facing injury risk, labor shortages, and a need to augment constrained workforces. The shift toward physical AI is well underway in Europe. KULR now holds the only pipeline for bringing a validated solution into the North American market.


Wearable robotics like the Apogee ULTRA are no longer a fringe category: Industry analysts expect the market to exceed forty billion dollars annually by 2033, driven by a collision of labor trends, automation, and regulatory pressure to reduce workplace injuries. KULR enters this space with exclusive access to a platform that already works and with the engineering capabilities to support it as adoption scales.


Bar chart titled "Global Wearable Robotic Exoskeleton Market" shows growth from $1.23Bn in 2023 to $41.48Bn in 2033, with annual data.

The company even has plans to bring manufacturing of the Apogee ULTRA to the United States. Domestic assembly will reduce lead times, improve fulfillment for enterprise customers, and align with federal goals to rebuild industrial capacity and secure critical supply chains. For KULR, it also opens the door to higher margins and rapid scaling once demand accelerates.


This move comes as KULR exits its strongest year on record. The company reported more than $10 million in revenue for 2024, with gross margins of 64% and no debt on the books. It holds over $80 million in liquid reserves and Bitcoin, and is actively delivering systems to NASA, the U.S. military, and now, commercial robotics customers. It is also exploring Bitcoin mining as a potential end-market for its energy storage and cooling platforms.


KULR has assembled the kind of footprint most companies spend a decade chasing. Spaceflight-qualified batteries. Defense contracts. A facility that can scale to military-grade output. Now they’ve locked in robotics, taking exclusive control in the North American market of one of the most advanced industrial exoskeletons on the market. The systems are live. The customers are real. The infrastructure is built. And the company is moving with the kind of speed that turns emerging categories into core revenue.

 

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