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Company Overview
KULR Technology (NYSE American: KULR) is an innovative force in the field of thermal management and energy storage solutions, harnessing the power of advanced carbon fiber-based materials to address critical heat dissipation and vibration mitigation challenges in modern electronics and energy systems. As industries demand ever-increasing processing performance and miniaturization, KULR provides disruptive, game-changing technology that keeps electronics cooler, lighter, and safer. Employing high-performance thermal interface materials, the company is redefining standards within the electronics, automotive, aerospace, defense, and space sectors.
Thermal Management Innovations
At the heart of KULR's innovations is its proprietary carbon fiber-based architecture, which challenges the conventional reliance on aluminum and copper for heat spreaders and exchangers. This modern approach not only improves thermal performance by delivering superior heat dissipation and lower contact pressure but also offers increased compliance and reliability in demanding environments. Thermal management technology is essential in sectors ranging from electric vehicles and autonomous systems to edge computing and artificial intelligence (AI), all of which depend on maintaining optimal operating temperatures to ensure longevity and efficiency.
Advanced Energy Storage and Battery Solutions
KULR Technology is equally adept in developing high-performance energy storage systems, integrating next-generation battery design and comprehensive testing methodologies. The company’s holistic design philosophy allows for rapid deployment of commercial-off-the-shelf as well as custom solutions tailored for challenging environments such as space, aerospace, and defense applications. By engineering battery solutions that comply with rigorous safety and performance standards, KULR enables safer and more efficient power storage, a critical factor in preserving electronic and operational integrity in the most sensitive applications.
Applications Across Industries
KULR's technology portfolio spans a multitude of high-tech markets. In the automotive sector, its innovations support electric and autonomous vehicles by ensuring that critical components remain within safe thermal limits under variable operating conditions. In the realm of AI, cloud computing, and energy storage, KULR’s lightweight yet high-efficiency thermal management solutions contribute to the effective cooling of data centers and edge computing devices, leading to optimal performance and reduced energy consumption.
- Electronics Cooling: Enhanced performance through reduced thermal resistance, ensuring stable operation of high-density electronics.
- Automotive and Mobility: Optimized heat management in electric vehicles, reducing weight and enhancing safety.
- Aerospace and Defense: Reliable battery and energy storage systems that meet stringent regulatory and performance standards in challenging environments.
- Space Applications: Tailored battery solutions and advanced thermal management for satellite and orbital missions, ensuring operational reliability in extreme conditions.
- Industrial and AI Integration: Deployment of thermal management solutions that synergize with high-performance AI platforms to streamline operations in edge computing and data centers.
Competitive Edge and Industry Positioning
KULR’s proprietary design not only competes effectively with traditional thermal solutions but also emphasizes sustainability and reduced environmental impact. In a market where more energy intensive and environmentally taxing materials have long been the norm, the company’s carbon fiber alternatives present a cost-effective, lighter, and more efficient solution. This technological edge positions KULR as an influential player in a multibillion-dollar industry, where its commitment to enhanced thermal performance and reliability sets it apart from competitors.
Integration with Emerging Technologies
KULR has demonstrated its ability to integrate its advanced thermal management and energy storage systems with other state-of-the-art technologies. For example, its collaboration with AI edge platforms showcases how vibration mitigation and robust cooling systems can be seamlessly paired with industrial computing devices. This integration not only supports high-performance operation but also opens up new revenue opportunities in industries that depend on rapid data processing, predictive analytics, and efficient energy use.
Research, Testing, and Quality Assurance
The company’s continuous emphasis on R&D is reflected in its comprehensive battery testing suites and in-house design capabilities. By rigorously testing cell and battery performance using advanced methodologies—such as fractional thermal runaway calorimetry and extensive impingement zone mapping—KULR ensures that each solution meets the highest standards of quality and safety. This commitment to excellence builds trust with partners in the space, aerospace, defense, and electronics industries, underpinning the company’s reputation for reliability and technical expertise.
Sustainability and Environmental Impact
KULR Technology’s approach is distinctive in its consideration of environmental impact. The company not only delivers efficient thermal management and energy storage solutions but does so using materials that are less energy intensive to produce and environmentally friendlier compared to traditional metals. By advancing the use of carbon fiber-based thermal interface materials, KULR contributes to a reduction in the overall carbon footprint of manufacturing processes, aligning performance excellence with a commitment to sustainability.
Summary of Value Proposition
In essence, KULR Technology leverages proprietary, innovative carbon fiber-based architectures to redefine thermal management and energy storage solutions across a variety of high-performance sectors. Its products are engineered for superior cooling efficacy, enhanced mechanical reliability, and safety, enabling industries to meet the increasing demands of miniaturization and electrification. With a strong foundation in research and rigorous testing, the company delivers solutions that not only bridge the gap between legacy materials and next-generation technologies but also support the advancement of robust, sustainable, and efficient operations in both terrestrial and space environments.
KULR Technology Group (NYSE: KULR) announced a conference call on May 16, 2022, at 4:30 PM ET to discuss Q1 financial results. The call will follow a press release detailing these results. KULR, known for its lithium-ion battery safety technologies, plans to summarize its performance and engage in a Q&A session post-call.
Interested parties should dial in 10 minutes early. A replay will be available on the KULR website.
KULR Technology Group (NYSE American: KULR) announced its participation in the 7th Annual Oppenheimer Emerging Growth Conference on May 10, 2022. CEO Michael Mo will engage in virtual 1-on-1 meetings with investors. KULR specializes in next-generation lithium-ion battery safety and thermal management technologies, enhancing product safety for various industries including aerospace and electric vehicles. Interested parties can contact Gateway Investor Relations for additional information or to schedule meetings.
KULR Technology Group (KULR) announced its participation as a Gold Sponsor at the Energy Storage Systems Safety & Reliability Forum on May 4-5, 2022. Dr. William Walker, KULR's Director of Engineering, will present on battery safety during the event. The forum focuses on energy storage safety and reliability, highlighting the risks associated with thermal runaway in energy storage systems. KULR aims to share innovative solutions drawn from its engineering expertise, enhancing the safety of batteries in diverse sectors including aerospace and electric vehicles.
KULR Technology Group secured a significant contract with NASA to test lithium-ion cells for upcoming missions under the Artemis Program. The cells must meet NASA's EP-WI-037 certification for manned flights. KULR's advanced testing capabilities process up to 10,000 lithium-ion cells weekly, preparing them for automated tests essential for mission readiness. The company is optimistic about future testing awards through 2022, reinforcing its commitment to enhancing battery safety for space missions.
KULR Technology Group, Inc. (NYSE American: KULR) has secured three additional contracts with U.S. Department of Defense prime contractors for their carbon fiber cathode solution, aimed at enhancing high-power magnetic and covert pulse weaponry initiatives. These cathodes, known for their superior thermal absorption, can be customized for various applications, including microwaves and lasers. KULR's President, Keith Cochran, expressed pride in supporting U.S. Armed Forces through these technological advancements and anticipates further awards throughout 2022.
KULR Technology Group (KULR) reported a remarkable 267% revenue increase in Q4 2021, reaching $766,000, and a 287% growth for the full year, totaling $2.4 million. The company achieved a 70% gross margin in Q4, although down from 76% year-over-year. Significant investments were made in R&D and SG&A, leading to a Q4 operating loss of $4 million and a full-year net loss of $11.9 million. Cash reserves rose to $14.9 million, supporting future growth initiatives in battery safety and thermal management. KULR is focused on expanding in energy storage and mobility sectors.
KULR Technology Group has appointed Dr. William Walker as the new Director of Engineering, enhancing its thermal management capabilities for high-performance computing and hypersonic vehicles. Dr. Walker, previously a NASA Battery Thermal Engineer, brings expertise in lithium-ion battery safety and thermal management. His leadership is expected to propel KULR's development of battery safety technologies, particularly the Fractional Thermal Runaway Calorimeter. Michael Carpenter, the VP of Engineering, emphasized that Dr. Walker's experience will play a vital role in advancing KULR's engineering initiatives.
KULR Technology Group (NYSE American: KULR) announced its participation in three upcoming conferences in March 2022. The conferences include the 34th Annual Roth Conference in Dana Point, CA (March 13-15), A.G.P.’s Battery Metals Revolution Day (March 16), and the 39th International Battery Seminar in Orlando, FL (March 28-31). CEO Michael Mo will represent the company at these events. KULR specializes in lithium-ion battery safety and thermal management technologies, with applications in aerospace, electronics, and electric vehicles.
KULR Technology Group (NYSE American: KULR) will hold a conference call on March 17, 2022, at 4:30 p.m. ET to discuss its fourth-quarter and full-year financial results for 2021. The financial results will be released prior to the call. Interested parties can join by calling 857-232-0157, access code 422095. A replay will be available on KULR’s website.
As a key player in lithium-ion battery safety and thermal management, KULR continues to support industries including aerospace, electronics, and electric vehicles. For more info, visit www.KULRTechnology.com.
AUSTIN, Texas, Jan. 20, 2022 – KULR Technology Group (NYSE American: KULR) announced a significant three-year multi-million dollar order for its Passive Propagation Resistant (PPR) solution suite from Volta Energy Products, a Viridi Parente subsidiary. This development has attracted attention from research firms and the media, emphasizing KULR's innovative battery technology, which aims to enhance energy storage safety. The company's expertise in thermal management, linked to its NASA roots, positions it as a significant player in the energy storage and electric vehicle sectors.
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