Breaking Renewable Energy Stock News: KULR (NYSE: $KULR) Designs for Small Modular Nuclear Fusion Reactors; @KULRTech

Breaking Renewable Energy Stock News: KULR (NYSE: $KULR) Designs for Small Modular Nuclear Fusion Reactors; @KULRTech

 

Houston, TX - November 20, 2024 (Investorideas.com Newswire) KULR Technology Group, Inc. (NYSE American: KULR) (the "Company" or "KULR"), a provider of advanced thermal management solutions, today announced the development of its proprietary carbon fiber designed custom cathodes in small modular reactors (SMRs) for a prominent nuclear fusion company. As global demand for sustainable energy grows in response to an increased focus on nuclear from hyperscalers aiming to keep up with the rising energy demands of data centers related to the AI boom, KULR’s innovations are contributing to the increasing buildout of abundant, clean energy sources.

 

Nuclear fusion, often regarded as the "holy grail" of clean energy, offers the promise of unlimited energy production free from fossil fuels, with a low environmental impact compared to conventional nuclear fission. By working with leading nuclear fusion companies, KULR aims to advance the possibilities of fusion technology to meet the energy demands of tomorrow while addressing climate change.

 

According to Goldman Sachs, data center energy demand currently represents 1-2% of global demand and is set to double by 2030 largely driven by demand for AI powered applications.

 

The custom cathodes designed by KULR will be implemented in a laser-based nuclear fusion system for small modular reactors, an emerging technology with the potential to deliver affordable, reliable nuclear fusion energy. Laser-based fusion is a rapidly advancing approach that utilizes high-powered lasers to initiate fusion reactions, offering a promising alternative to traditional fusion methods.

 

The Company's proprietary carbon fiber cathode, designed initially for aerospace and defense applications, has proven capabilities in harsh environments. This innovative material was developed alongside related technologies which are utilized in aerospace and missile systems, including the Mars Rover. The same high-performance standards that enable success in space missions are now being applied to energy platforms on Earth.

 

This news is paid advertisement/ news disseminated on behalf of/issued on behalf of KULR Technology Group, Inc.

 

Read this news, featuring KULR in full at https://www.investorideas.com/news/2024/11201KULR-Small-Modular-Nuclear-Fusion-Reactors.asp

 

"KULR's expertise in space-proven engineering uniquely positions us to support mission-critical energy solutions," KULR CEO Michael Mo added. "By applying our advanced materials to nuclear fusion, we are taking meaningful steps toward addressing the United States' critical energy needs and advancing its broader goals of energy security and sustainability".

 

This new application of KULR's technology in laser-based nuclear fusion for small modular reactors reinforces the company's leadership in the energy management space, as well as its commitment to advancing the global energy transition. With this engagement, KULR continues to demonstrate how innovative engineering can play a pivotal role in shaping a cleaner, more sustainable future.

 

About KULR Technology Group, Inc.

KULR Technology Group Inc. (NYSE American: KULR) delivers cutting edge energy storage solutions for space, aerospace, and defense by leveraging a foundation of in-house battery design expertise, comprehensive cell and battery testing suite, and battery fabrication and production capabilities. The Company's holistic offering allows delivery of commercial-off-the-shelf and custom next generation energy storage systems in rapid timelines for a fraction of the cost compared to traditional programs. For more information, please visit www.kulrtechnology.com.

 

Safe Harbor Statement

This press release does not constitute an offer to sell or a solicitation of offers to buy any securities of any entity. This release contains certain forward-looking statements based on our current expectations, forecasts and assumptions that involve risks and uncertainties. Forward-looking statements in this release are based on information available to us as of the date hereof. Our actual results may differ materially from those stated or implied in such forward-looking statements, due to risks and uncertainties associated with our business, which include the risk factors disclosed in our Form 10-K filed with the Securities and Exchange Commission on April 12, 2024, as may be amended or supplemented by other reports we file with the Securities and Exchange Commission from time to time. Forward-looking statements include statements regarding our expectations, beliefs, intentions, or strategies regarding the future and can be identified by forward-looking words such as "anticipate," "believe," "could," "estimate," "expect," "intend," "may," "should," and "would" or similar words. All forecasts are provided by management in this release are based on information available at this time and management expects that internal projections and expectations may change over time. In addition, the forecasts are entirely on management's best estimate of our future financial performance given our current contracts, current backlog of opportunities and conversations with new and existing customers about our products and services. We assume no obligation to update the information included in this press release, whether because of new information, future events or otherwise.

 

Investor Relations:
KULR Technology Group, Inc.
Phone: 858-866-8478 x 847
Email: ir@kulrtechnology.com

 

KULR Technology Group, Inc. (NYSE: KULR) is a featured renewable energy stock on Investorideas.com

 

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Rare Earth Breaking News - Defense Metals (TSX-V: $DEFN.V) (OTCQB: $DFMTF) Announces Appointment of Mark Tory as CEO; @defensemetals

Rare Earth Breaking News - Defense Metals (TSX-V: $DEFN.V) (OTCQB: $DFMTF) Announces Appointment of Mark Tory as CEO; @defensemetals

 

VANCOUVER, BC - November 19, 2024 (Investorideas.com Newswire) Defense Metals Corp. ("Defense Metals" or the "Company") (TSX-V:DEFN / OTCQB:DFMTF/ FSE: 35D) is pleased to announce the appointment of Mr. Mark Tory to the position of Chief Executive Officer ("CEO"). Mr. Tory will commence his new role January 1, 2025, and will be relocating to Vancouver.

 

Reporting to Defense Metals' Board of Directors, Mr. Tory will be responsible for leading the development of the world class Wicheeda Project as the Company advances swiftly towards completing its Prefeasibility Study ("PFS"), with the results published in Q1 2025.

 

Mr. Tory is a highly experienced resources executive with significant rare earths experience having held key leadership roles at Northern Minerals initially as Chief Financial Officer ("CFO") and then subsequently CEO while they developed the Browns Range Rare Earth Project, including the planning, building and operation of a A$70 million pilot plant. His previous executive experience includes Managing Director of Crescent Gold Limited, after a period as CFO and Company Secretary. He has had international exposure to resources' capital markets as well as holding key leadership roles in companies that range from exploration to development through to operating mines across commodities, including rare earths, battery materials, base metals and gold.

 

Mr. Tory is a Chartered Accountant and holds a BBus, MBA and is a Graduate of the Australian Institute of Company Directors (GAICD).

 

This news is paid advertisement/ news disseminated on behalf of/issued on behalf of Defense Metals Corp.

 

Read this in full at https://www.investorideas.com/news/2024/11191DEFN-Appointment-of-Mark-Tory-as-CEO.asp

 

Defense Metals' Executive Chair, Mr. de Selliers, said:

"I am extremely excited at having Mark as our CEO. His career speaks for itself, but what is important to the Board, and myself in particular, is his integrity, leadership and knowledge of the rare earths sector. Mark is also a company builder, which is exactly what we need. Being able to attract somebody of Mark's calibre, together with the strong interest we had from several other highly qualified CEO candidates, is another confirmation of the quality of our Wicheeda Project."

 

Mr. Tory added:

"I am most enthusiastic at being appointed CEO of Defense Metals. What immediately attracted me to this opportunity is the rather unique characteristics of the Wicheeda deposit which makes it one of the most promising deposits in North America which includes the ability to upgrade the inground TREO to an over 50% concentrate through a relatively simple beneficiation process. I am also very pleased to be working with an extremely high calibre Board which shares the same values as I and is determined to build a profitable and sustainable major project. I look forward to working closely with the Company's technical teams as they finalise the PFS which will be published early next year. Joining Defense Metals is a new and exciting stage in my life and career, and I am truly delighted."

 

About Defense Metals Corp. and its Wicheeda Rare Earth Element Deposit

Defense Metals Corp. is focused on the development of its 100% owned, 8,301-hectare (~20,534-acre) Wicheeda REE Project that is located on the traditional territory of the McLeod Lake Indian Band in British Columbia, Canada.

 

The Wicheeda REE Project, approximately 80 kilometres (~50 miles) northeast of the city of Prince George, is readily accessible by a paved highway and all-weather gravel roads and is close to infrastructure, including hydro power transmission lines and gas pipelines. The nearby Canadian National Railway and major highways allow easy access to the port facilities at Prince Rupert, the closest major North American port to Asia.

 

For further information, please visit www.defensemetals.com or contact:

Alex Heath
Senior Vice President, Corporate Development & Interim CFO
Tel: +1 604-354-2491
Email: alex@defensemetals.com

 

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.

 

Cautionary Statement Regarding "Forward-Looking" Information

This news release contains "forward-looking information or statements" within the meaning of applicable securities laws, which may include, without limitation, any statements (expressed or implied) relating to: advancing the Wicheeda Project, the use of net proceeds from the Private Placement, final TSXV approval of the Private Placement, the technical, financial and business prospects of the Company, its project and other matters. Forward-looking statements are typically identified by words such as "plan," "believe," "expect," "anticipate," "intend," "outlook," "estimate," "forecast," "project," "continue," "could," "may," "might," "possible," "potential," "predict," "should," "would" and other similar words and expressions, but the absence of these words does not mean that a statement is not forward-looking. All statements in this news release, other than statements of historical facts, that address events, contribution or developments that the Company expects to occur, are forward-looking statements. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in the forward-looking statements. Such statements and information are based on numerous assumptions regarding present and future business strategies and the environment in which the Company will operate in the future, including the price of rare earth elements, the anticipated costs and expenditures, the ability to achieve its goals, that general business and economic conditions will not change in a material adverse manner, that financing will be available if and when needed and on reasonable terms. Such forward-looking information reflects the Company's views with respect to future events and is subject to risks, uncertainties and assumptions, including the risks and uncertainties relating to the interpretation of exploration and metallurgical results, risks related to the inherent uncertainty of exploration and development and cost estimates, the potential for unexpected costs and expenses and those other risks filed under the Company's profile on SEDAR+ (www.sedarplus.ca). While such estimates and assumptions are considered reasonable by the management of the Company, they are inherently subject to significant business, economic, competitive and regulatory uncertainties and risks. Factors that could cause actual results to differ materially from those in forward looking statements include, but are not limited to, continued availability of capital and financing and general economic, market or business conditions, adverse weather and climate conditions, failure to maintain or obtain all necessary government permits, approvals and authorizations, failure to maintain or obtain community acceptance (including First Nations), risks relating to unanticipated operational difficulties (including failure of equipment or processes to operate in accordance with specifications or expectations, cost escalation, unavailability of personnel, materials and equipment, government action or delays in the receipt of government approvals, industrial disturbances or other job action, and unanticipated events related to health, safety and environmental matters), risks relating to inaccurate geological, metallurgical, engineering and pricing assumptions, decrease in the price of rare earth elements, the impact of viruses and diseases on the Company's ability to operate, restriction on labour and international travel and supply chains, loss of key employees, consultants, officers or directors, increase in costs, delayed results, litigation, and failure of counterparties to perform their contractual obligations. The Company does not undertake to update forward-looking statements or forward-looking information, except as required by law.

 

SOURCE Defense Metals Corp.

 

Defense Metals Corp. (TSX-V:DEFN /OTCQB:DFMTF) is a featured mining stock on Investorideas.com

 

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Riding the Wave Energy Wave -Eco Wave Power (NASDAQ: $WAVE) Investors See Big Gains on News; @EcoWavePower

Riding the Wave Energy Wave -Eco Wave Power (NASDAQ: $WAVE) Investors See Big Gains on News; @EcoWavePower

 

Investorideas.com (www.investorideas.com) a go-to platform for big investing ideas, including water and renewable energy stocks, reports on developments  for Eco Wave Power Global AB) (NASDAQ: WAVE), a leading, publicly traded onshore wave energy technology company .

 

Today the stock is trading up at $8.07, gaining $1.51, or 23.02%  on higher than average volume in this morning’s session.

 

Today Eco Wave announced it has received the final Nationwide Permit (NWP) from the U.S. Army Corps of Engineers for its groundbreaking wave energy project at AltaSea's premises at the Port of Los Angeles.

 

Paid news dissemination for WAVE

 

Read this new, featuring WAVE in full at https://www.investorideas.com/news/2024/renewable-energy/11181Eco-Wave-Power-WAVE.asp

 

This milestone marks a significant step forward in the development of Eco Wave Power's pioneering wave energy project, which is set to become the first onshore wave energy installation in the United States. The permit, issued under NWP 52 for Water-Based Renewable Energy Generation Pilot Projects, authorizes Eco Wave Power to install eight wave energy floaters on the piles of an existing concrete wharf structure on the east side of Municipal Pier One.

 

The system will also include an energy conversion unit, comprised of two 20-foot shipping containers, which will be placed on the wharf deck and connected to the floaters. With the conversion unit already shipped and located on site, Eco Wave Power plans to complete installation by the end of Q1 2025.

 

In addition to securing the final permit, this achievement marks the completion of two key milestones under Eco Wave Power's agreement with Shell International Exploration and Production Inc ("Shell"), which is expected to boost the Company's revenues in Q4, 2024

 

The agreement between the parties was announced in April 2024, according to which, Eco Wave Power and Shell will collaborate for the development of a wave energy pilot in the Port of Los Angeles. Now, with the permit in place, the parties will enter the execution phase of the project, as per the terms of the agreement.

 

"We are thrilled to receive this final permit and move one step closer to bringing wave energy to the U.S.," said Inna Braverman, Founder and Chief Executive Officer of Eco Wave Power. "This project represents not only a technological breakthrough but also a crucial step in advancing the global transition to renewable energy. We are deeply grateful for the support of AltaSea, the Port of Los Angeles, Shell MRE, and the U.S. Army Corps of Engineers as we work to make wave energy a key part of the sustainable energy landscape."

 

The U.S. Department of Energy's National Renewable Energy Laboratory estimates that wave energy has the potential to generate over 1,400 terawatt-hours per year—enough to power approximately 130 million homes. With this project, Eco Wave Power is advancing the commercialization of wave energy as a reliable and clean source of renewable power, further strengthening its position as a leader in the industry.

 

Recent news for WAVE

https://finance.yahoo.com/news/eco-wave-power-receives-final-132500972.html

 

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New TSX Listed Stocks to Watch; (TSXV: $SUN.V) (TSXV: $FDI.V) (TSX: $PSD.TO) (TSXV: $CCEC.V) (TSXV: $DDD.V) (TSX: $AW.TO) (TSX: $FAR.TO) (TSXV: $CNVI.V)

 New TSX Listed Stocks to Watch; (TSXV: $SUN.V) (TSXV: $FDI.V) (TSX: $PSD.TO) (TSXV: $CCEC.V) (TSXV: $DDD.V) (TSX: $AW.TO) (TSX: $FAR.TO) (TSXV: $CNVI.V)

 

 

 

November 15, 2024 – (Investorideas.com Newswire) Investorideas.com, a global news source and expert investing resource, announces today’s roundup of stocks to watch in the Solar, Real Estate, Energy, Tech, Biotech, Restaurant and Mining sectors.

 

All companies are TSX or TSX Venture listed.

 

New stocks added today: Stardust Solar Energy Inc. (TSXV: SUN), Findev Inc. (TSXV:FDI), Pulse Seismic (TSX:PSD), CanCambria Energy Corp. (TSXV:CCEC), Metavista3D Inc. (TSXV:DDD), A & W Food Services of Canada Inc. (TSX:AW), Foraco International (TSX:FAR), Conavi Medical Corp. (TSXV:CNVI)

 

Read this in full at https://www.investorideas.com/news/2024/main/11151Stocks.asp

 

Investor Ideas is always researching and searching for new stocks to add to our growing list of free stock directories. The directories are not meant as recommendations but as a research tool to discover opportunities and trading ideas in a particular sector.

 

New Stocks Added to the Cleantech Directories:

Stardust Solar Energy Inc. (TSXV: SUN) (FSE: 6330) is a leading North American franchisor of renewable energy installation businesses. Franchisees sell and install; PV, energy storage systems and EV chargers. Stardust Solar lends its brand and business management services to entrepreneurs looking to enter the renewable energy industry. Franchisees are supported with suite of services including: system design and engineering; marketing and lead generation; sales support; proposal generation; customer service; financing; and project management. The Company also offers industry leading certified training programs for the design, installation and sale of renewable energy systems. Their courses are approved by CSA and NABCEP.

 

New Stocks Added to the Real Estate Directories:

Findev Inc. (TSXV:FDI) is a publicly traded real estate finance company focused on financing real estate developers with shorter-term loans for one to five years during the development or redevelopment process. Loans are secured by investment properties and real estate developments throughout the Greater Toronto Area. Findev's unique market advantages include its expertise in real estate development and access to its real estate development partners. As a result, Findev is uniquely suited to assist developers engaged in challenging projects

 

New Stocks Added to the Energy Directories & Natural Gas:

Pulse Seismic (TSX:PSD) is a market leader in the acquisition, marketing and licensing of 2D and 3D seismic data to the western Canadian energy sector. Pulse owns the largest licensable seismic data library in Canada, currently consisting of approximately 65,310 square kilometres of 3D seismic and 829,207 kilometres of 2D seismic. The library extensively covers the Western Canada Sedimentary Basin, where most of Canada’s oil and natural gas exploration and development occur.

 

CanCambria Energy Corp. (TSXV:CCEC) Founded by a team of industry professionals with decades of international experience, CanCambria Energy Corp was incorporated in British Columbia as a oil and natural gas exploration and production company in 2017.

 

New Stocks Added to the Tech Directories:

Metavista3D Inc. (TSXV:DDD) Metavista3D users experience a 3D spatial experience on a regular display without headaches and eyestrain caused by Head Mounted Displays (HMDs).

Powered by state-of-the-art holographic technology, the Metavista 3D display projects lifelike, high-definition 3D images that float in mid-air, creating a mesmerizing visual experience. Our patented technology ensures the perfect blend of depth, clarity, and color accuracy, allowing you to explore the Metaverse in ways you never thought possible.

The adaptive multi-view system ensures that every individual enjoys an optimal 3D experience, whether you're watching solo or with a group of friends. With an ultra-wide viewing angle, the Metavista 3D display delivers consistent, high-quality imagery, even as you change positions or move around the room. Designed for the Metaverse, the Metavista 3D display offers seamless integration with all major platforms, providing you with unparalleled access to an ever-growing library of content. From breathtaking virtual landscapes to pulse-pounding gaming, from captivating social events to immersive educational experiences, the Metavista 3D display brings the digital universe to life before your very eyes. The Metavista 3D display is not just a cutting-edge display; it's a gateway to a new world, a boundless universe waiting to be explored. Say goodbye to the constraints of traditional screens and cumbersome VR headsets. Embrace the future of immersive entertainment with the Metavista 3D display, and embark on an unforgettable journey into the heart of the Metaverse.

 

New Stocks Added to the Restaurant Directories:

A & W Food Services of Canada Inc. (TSX:AW) is a leading QSR and the second largest burger chain in Canada with a 68-year history of service excellence, menu innovation and value creation. Operating coast-to-coast and serving over 197 million guests annually, A&W restaurants feature famous trade-marked menu items such as The Burger Family®, Chubby Chicken® and A&W Root Beer®.

 

New Stocks Added to the Mining Directories:

Foraco International (TSX:FAR) is a leading global mineral drilling services company that provides a comprehensive and reliable service offering in mining and water projects. Supported by its founding values of integrity, innovation and involvement, Foraco has grown into the third largest global drilling enterprise with a presence in 21 countries across five continents.

 

New Stocks Added to the Biotech Directories:

Conavi Medical Corp.          (TSXV:CNVI) is focused on designing, manufacturing, and marketing imaging technologies to guide common minimally invasive cardiovascular procedures. Its patented Novasight Hybrid™ System is the first system to combine both intravascular ultrasound (IVUS) and optical coherence tomography (OCT) to enable simultaneous and co-registered imaging of coronary arteries. The Novasight Hybrid System has 510(k) clearance from the U.S. Food and Drug Administration; and regulatory approval for clinical use from Health Canada, China’s National Medical Products Administration, and Japan’s Ministry of Health, Labor and Welfare.

 

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