“We are a Bitcoin-first treasury company that builds a portfolio of frontier technologies ranging from high-performance energy system to AI robotics.” – 00:01:50
Michael Mo, Co-Founder & CEO of KULR Technology Group, joins Remy Blaire to discuss the company’s significant shift towards a Bitcoin-first business model. Since late 2024, KULR has committed up to 90% of its surplus cash to Bitcoin, successfully building a treasury that now holds over 1,000 Bitcoins. This strategic decision has not only strengthened the company’s financial position, boasting over $140 million in debt-free capital, but has also provided the flexibility to invest in frontier technologies, including artificial intelligence, robotics, and high-performance energy systems.
Remy and Michael explore KULR’s main business focus, which encompasses a diverse portfolio of innovative products. Michael highlights the KULROne energy storage system, designed for applications in the space industry, the Department of Defense, and various industrial sectors. He emphasizes the company’s long-standing partnerships with NASA and the DoD, detailing their contributions to significant projects such as the Mars rover and the International Space Station.
The conversation shifts to KULR’s advancements in robotics and AI, particularly the Axia exoskeleton, a seventh-generation product developed in collaboration with German Bionics. Michael explains how Axia is designed to assist workers in lifting heavy objects while preventing lower back injuries, addressing a common issue in workplace safety. Since its launch in the U.S. in June, the feedback has been overwhelmingly positive, indicating a strong market potential for this technology.
Looking ahead, Michael outlines KULR’s operational goals for 2025, which include expanding their battery platform into commercial applications and accelerating the deployment of the Axia exoskeleton across sectors such as logistics, retail, and healthcare. He expresses his enthusiasm for the intersection of AI, robotics, energy innovation, and Bitcoin, suggesting that KULR is just at the beginning of its growth journey.