KULR Expands into High-Growth Robotics Market with German Bionic AI-Powered Exoskeletons for U.S. Workforce

HOUSTON / GLOBENEWSWIRE / April 15, 2025 / KULR Technology Group, Inc. (NYSE American: KULR) (the “Company” or “KULR”), a leader in
advanced energy management platforms, today announced the launch of a new strategic partnership with German Bionic (“GB”), a leading global robotics
company known for its groundbreaking robotic exoskeleton, Apogee ULTRA, to expand into the rapidly growing fields of robotics and artificial intelligence.
GB counts global logistics companies, large retailers, hospitals, and major international airports among its customers, including Dachser Intelligent Logistics,
GXO, Nuremberg Airport, Canadian Tire, the British consumer electronics retailer Currys, and the Charité Hospital Berlin. According to Spherical Insights, the
global wearable robotic exoskeleton market size is expected to reach $41.5 billion by 2033.
The initiative includes the formation of a dedicated business unit, KULR AI & Robotics, aimed at driving innovation and commercialization of affordable and
mature robotic solutions to support the US workforce and reshoring of manufacturing. During their EOY and Q4 earnings call, KULR also announced that their
website has been updated and relaunched as KULR.ai to reflect this shift and the introduction of the new business unit. The new unit will be led by Josh
Steinmann, VP of AI and Robotics.
“This partnership exemplifies our broader strategy to leverage our energy management expertise and become a key enabler of the robotics and AI ecosystem, as
these applications demand higher battery performance and more efficient thermal management for their high-performance electronics,” said Michael Mo, CEO
of KULR Technology Group. “AI is a critical enabler of robotics, and we’re aggressively focused on this area – through this partnership and other strategic
initiatives – to help shape the future of human-machine interface.”
“We are pleased to have KULR as a key partner, joining us in the journey to scale and deliver the world’s strongest data-driven exoskeletons to North America
and beyond,” says Armin G. Schmidt, Founder and CEO of German Bionic. “At the core of our innovation is a clear understanding of energy as a fundamental
force – something unseen yet essential in driving both progress and human advancement. Our exoskeletons are designed to empower and elevate frontline
workers, unlocking their full potential each day. This partnership is the natural unfolding of our mission to infuse the world with greater value, vitality, and
purpose.”