KULR Technology Group, Inc. (OTCQB:KULR) develops, manufactures and licenses next-generation carbon fiber thermal management technologies for batteries and electronic systems.
The companys core technology is a NASA co-developed, vertically aligned carbon fiber thermal interface material that is lighter, more flexible, and more efficient than traditional passive cooling solutions for electronics and batteries. The company’s superior solutions can be designed to fit almost any power or electronic configuration, including extremely demanding spaces.
KULR plans to expand its technology portfolio from space qualified battery safety and thermal management technology to integrated hardware and software battery management systems and vehicle telematics systems. KULR will serve customers with technologies that measure performance, detect mobility challenges and deliver a safer and more energy-efficient product to the end user.
The company’s thermal management technologies have served the high-caliber, high-performance space industry. Big changes are occurring in the automotive and broad transportation industries with the electrification of vehicles, buses, bikes, and scooters. KULR space qualified technologies are a perfect fit for next-generation E-Mobility segments. Its solutions can keep onboard electronics and battery systems cooler and safer, while also providing great weight savings, which translates into improved energy efficiency. The company also aim to serve AI/Cloud computing and 5G communications technologies, which are also important to the world of E-Mobility.
KULR’S SOLUTION IS THE LIGHTEST WEIGHT BATTERY HEAT SINK OPTION NASA HAS EVALUATED TO DATE, THAT HAS EXCELLENT PROMISE TO PREVENT THERMAL RUNAWAY PROPAGATION WITH THE HIGHEST ENERGY DENSITY COTS LI-ION CELL DESIGNS. TO DATE, NASA HAS NOT FOUND A DESIGN SOLUTION WITH AS MUCH PROMISE FOR PREVENTING LI-ION BATTERY TRP WITH AS POSITIVE TEMPERATURE MARGINS ON THE ADJACENT CELLS WHILE ALSO BEING VERY LIGHTWEIGHT. Dr. Eric Darcy Battery Systems Lead at NASA
KULR Technology (OTC: KULR) announced it has provided thermal management design services to a global Tier-1 manufacturer of aerospace and defense technology to improve thermal subsystems needed for increased performance of hypersonic weapons.
A Congressional Research Services report in December 2020 shows that the Pentagon’s FY2021 budget request for all hypersonic-related research is $3.2 billion, up from $2.6 billion in the prior year’s request. Hypersonic strike systems are valued for their unique war-fighting aspects of range, speed, maneuverability, survivability and lethality, according to Mike E. White, the assistant director of hypersonics, Office of the Undersecretary of Defense for Research and Engineering. These features make the development of – and investment in – improved hypersonic systems a priority for the Department of Defense.
“As the national need for long-range airborne vehicles grows, and commercial demonstrations like Space X continue to show the viability of reusable space and sub-orbital vehicles, active and passive heat management become increasingly critical elements to mission success,” says Dave Harden, founder and CEO of The Outpost and KULR advisory board member. “KULR’s closed loop core cooling technology, along with its problem-solving team, are rapidly establishing themselves as essential building blocks for hypersonics, space vehicles, long range stand-off weapons and long loiter drones.”
KULR’s advanced phase-change heatsink design services will assist the manufacturer in the design of hypersonic weapons with longer range and larger kinetic power than existing systems, which are limited by their inability to disperse heat. The ability to keep inner bay components cool within extremely hot outer skin environments – while maintaining highest safety levels – is essential to mission success and market dominance.
In a recent press release, the company announced that it has entered into a legally binding MOU (memorandum of understanding) with a leading global electronics component and battery manufacturer (the “Partner”), which is a leading supplier of a key electrical component in smartphones such as the Apple iPhone, to pursue business relationships building Internal Short Circuit (ISC) battery testing technology and for KULR to license its passive propagation resistant Thermal Runaway Shield (TRS) technology to the Partner in a commercial phase.
Litchfield Hills Research LLC, released its first analyst report on KULR, rating the Company a “Buy” under its three-tiered (buy-hold-sell) rating system, with a target price of $5.00 per share.
KULR PRESENTS ITS NEXT-GEN THERMAL MANAGEMENT TECHNOLOGIES AT BENZINGA GLOBAL SMALL CAP CONFERENCE
HOW THIS COMPANY’S TECH GOT TO MARS
For more information, please visit www.kulrtechnology.com.