STOCK TITAN

AFWERX Names KULR Technology Group Among Top Teams Selected to Exhibit at EngageSpace on September 29th - 30th, 2020

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Neutral)
Tags
Rhea-AI Summary

KULR Technology Group has been recognized as one of the top 178 teams in the AFWERX Space Challenge, showcasing its innovative carbon fiber thermal interface technology at the EngageSpace virtual event on Sept. 29-30, 2020. Competing in the Space Asset Resiliency Challenge, KULR aims to enhance the longevity of space assets. Their technology has been utilized by NASA in various missions, underscoring its efficiency in cooling electronics in harsh aerospace environments. This recognition positions KULR favorably within the defense and aerospace sectors.

Positive
  • Selected as a top innovator in the AFWERX Space Challenge, indicating strong industry recognition.
  • Participation in the Space Asset Resiliency Challenge may lead to potential contracts with the U.S. Air Force.
  • KULR's technology has been employed by NASA, demonstrating proven reliability and effectiveness.
Negative
  • None.

SAN DIEGO, CA / ACCESSWIRE / September 17, 2020 / AFWERX, the catalyst for fostering innovation within the U.S. Air Force, announces KULR Technology Group, Inc. (OTCQB:KULR) as one of the top 178 participating teams selected from The AFWERX Space Challenge initiative to exhibit at EngageSpace, a virtual two-day event taking place Sept. 29-30, 2020.

The AFWERX Space Challenge is comprised of four challenges, each aimed at creating integrated space operations leveraging the best in technology while maintaining security and resilience and increasing agility. The four challenges focused on: Persistent ISR; DoD Commercial Space Partnerships; Global Space Transport; and Delivery and Space Asset Resiliency.

San Diego-based KULR is competing in the Space Asset Resiliency Challenge alongside a diverse group of teams that represent entrepreneurial startups, small businesses, large enterprises, academic institutions and research labs.

"The solutions submitted for these space challenges represent the bleeding edge of space innovation," stated Brennan Townley, AFWERX Challenge Collaboration Lead. "We're excited to highlight these innovators and connect them with opportunities across the space ecosystem."

The Space Asset Resiliency Challenge strives to increase the longevity of our space assets by increasing their durability against the unique space environment and enemy threats.

KULR's carbon Fiber Thermal Interface (FTI) technology is a lightweight, flexible carbon fiber solution with high bulk thermal conductivity and is extremely efficient heat conduction. Variations of KULR's FTI technology have been used by NASA on multiple space missions to improve performance and reliability of sensitive electronics and other components.

Register for the EngageSpace event by visiting https://engage.space

"The KULR team is excited to have the opportunity to present our carbon fiber thermal interface technology as a viable solution to help the U.S. Air Force improve electronics cooling in aerospace environments," said Michael Carpenter, VP of engineering at KULR. "It's a tremendous honor to present our technology alongside all of the innovative companies selected for the AFWERX EngageSpace Showcase."

About KULR Technology Group, Inc.

KULR Technology Group, Inc. (OTCQB: KULR) develops, manufactures and licenses next-generation carbon fiber thermal management technologies for batteries and electronic systems. Leveraging the company's roots in developing breakthrough cooling solutions for NASA space missions and backed by a strong intellectual property portfolio, KULR enables leading aerospace, electronics, energy storage, 5G infrastructure, and electric vehicle manufacturers to make their products cooler, lighter and safer for the consumer. For more information, please visit www.kulrtechnology.com.

###

ABOUT AFWERX

Established in 2017, AFWERX is a product of the U.S. Air Force, directly envisioned by former Secretary of the Air Force Heather Wilson. Her vision of AFWERX - to solve some of the toughest challenges that the Air Force faces through innovation and collaboration amongst our nation's top subject matter experts. AFWERX serves as a catalyst to unleash new approaches for the warfighter through a growing ecosystem of innovators. AFWERX and the U.S. Air Force are committed to exploring viable solutions and partnerships to further strengthen the Air Force, which could lead to additional prototyping, R&D, and follow-on production contracts.

Fast Company named AFWERX Best Workplaces for Innovators on the 2020 List, honoring the top 100 businesses and organizations that demonstrate a deep commitment to encouraging innovation at all levels. AFWERX, U.S. Air Force's innovation arm and catalyst for fostering innovation within the Air Force, came in at #16 ranking in the top 20 alongside brands such as Microsoft, Google, and Amazon. Preview the live announcement with Stephanie Mehta, Editor-in-Chief of Fast Company, unveiled during the AFWERX Fusion 2020 Base of the Future Event & Showcase.

Media Contacts:

Tracy Skenandore / Makenzie Coombs
AFWERX@kirvindoak.com

SOURCE: KULR Technology Group, Inc.



View source version on accesswire.com:
https://www.accesswire.com/606511/AFWERX-Names-KULR-Technology-Group-Among-Top-Teams-Selected-to-Exhibit-at-EngageSpace-on-September-29th--30th-2020

FAQ

What is KULR Technology Group's participation in the AFWERX Space Challenge?

KULR Technology Group was recognized as one of the top 178 teams in the AFWERX Space Challenge, participating in the virtual event EngageSpace on September 29-30, 2020.

What technology is KULR presenting at the EngageSpace event?

KULR is showcasing its carbon fiber thermal interface technology aimed at improving electronics cooling in the aerospace sector.

What is the goal of the Space Asset Resiliency Challenge?

The Space Asset Resiliency Challenge aims to enhance the durability and longevity of space assets against environmental and enemy threats.

How has KULR's technology been utilized in past missions?

KULR's carbon fiber thermal interface technology has been used by NASA in multiple space missions to enhance the performance and reliability of sensitive electronics.

When is the EngageSpace event taking place?

The EngageSpace virtual event is scheduled for September 29-30, 2020.

KULR Technology Group, Inc.

NYSE:KULR

KULR Rankings

KULR Latest News

KULR Stock Data

92.85M
179.45M
17.47%
4.98%
3.66%
Electronic Components
Electronic Components & Accessories
Link
United States of America
SAN DIEGO