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   Microcap & Penny StocksKULR Technology


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From: supernova237/29/2018 3:13:00 PM
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Carbon Is Cool

Startup KULR Technology Uses Carbon Fiber to Cool Chips
by Jim Turley

“I am now standing in a mixture of cooling fluid, gasoline, and cola.” – Adam Savage

September 6, 2017

What do Lycra-wearing bicycle racers have in common with server farms? KULR Technology might have the answer.

Everything gets hot if you put energy into it. That’s just basic physics. Everything also conducts heat; that’s also basic physics. But just as some materials conduct electricity better than others, some make better heat-transference devices than others. There’s a reason we make heat sinks out of copper instead of rubber.

With 100-plus elements to choose from, materials scientists have figured out that metals like copper and aluminum make pretty good heat conductors. The best conductor of all is diamond, which can conduct an astonishing 2000 watts per meter per degree Kelvin – the highest of any known solid (at room temperature) and five times better than copper. Jewelers use temperature-transference tests to tell real diamonds from fakes. (Oddly, diamond is also an electrical insulator, despite its thermal conductivity.)

Alas, mass-producing diamond heat sinks has some obvious economic drawbacks. Even synthetic diamonds aren’t very cost-effective unless you have a spacecraft-sized budget. That’s why we fall back on copper or aluminum.

But diamonds are just designer coal, right? So other forms of carbon should also make good heat sinks.

Turns out, they do. And carbon fiber, in particular, makes a pretty darned good heat conductor. Who knew?

That black woven material you see in high-end tennis rackets and racing bicycles, or stuck to the dashboards of cheap wannabe sports cars, is now making its way into the server room. It’s not there for structural integrity. It’s there as a newer, lighter, more flexible heat-transference device.

There’s a trick to it, though. You can’t just throw carbon fiber at a heat source and expect it to wick away all the excess thermal energy. You’ve got to design the fiber part of the carbon fiber just right. And that’s just what the folks at KULR Technology do.

KULR is a 20-person California company staffed with former aerospace/defense, semiconductor, and EDA specialists. They’ve put stuff on the Mars Rover and in the International Space Station. And now they’re turning their attention to the mainstream commercial market.

The company feels that thermal management is one of the great underappreciated problems of our age. Wearable, portable, IoT devices tend to be small and densely packed, leaving very little room for heat to escape. At the other extreme, big hulking servers pump out so much heat that service providers famously spend more money on air conditioning than the hardware it’s cooling.

And at the other other end of the spectrum, power sources also generate heat. Big battery packs like Tesla’s PowerWall (or a Samsung Galaxy Note 7) can get pretty warm, too. Home-brew battery packs may be a great way to recycle hundreds of old laptop batteries, but they also present a big danger of fire caused by thermal runaway. It takes only one overheating battery to set the whole pack ablaze.

KULR thinks that the solution is to use carbon-fiber heat pipes. One end of the carbon mesh contacts the heat source (your microprocessor, for example) while the other end connects to the heat sink, whether that be conventional copper fins, a liquid cooler, a heat exchanger, or some other apparatus. The carbon fiber conducts the heat; it isn’t the heat sink itself.

What makes KULR’s carbon cooler than anyone else’s? That’s a secret, naturally, but the company does explain that its material mixes carbon strands of many different sizes, from as small as 200 microns to as big as 4 millimeters. The strands are vertically aligned to create a carbon “velvet” that is light, strong, thermally conductive, and flexible. This last characteristic is one of its great strengths. Because the material is soft and pliable, it can be used in ways that metals can’t.

For example, you can squeeze KULR’s velvet in between components of different heights, sizes, and shapes, which would be tough to do with a hard material like copper or aluminum. You can also remove the velvet just as easily, like when it’s time to rework a board or remove a component. The carbon velvet acts more like a flap of flannel than a machined structural component.

Part of the carbon velvet’s effectiveness lies in carbon’s innate physical properties, but part is due to the material’s stranded nature. Strands present more surface area to the heat source than does a solid object, like a metal heat sink. That allows the velvet to soak up more heat than an equivalent mass of metal could. And, since it transfers that heat better than any metal, it’s doubly more efficient. This is particularly useful when the material is dipped in liquid coolant.

KULR doesn’t use standard autoclaves to lay up its carbon fiber, like those you’d find in, say, an exotic bicycle manufactory. The company developed all of its own equipment, in addition to its own materials. The company says the basic “architecture” of its carbon velvet is the same across its entire product line, although it offers quite a few variations. Some materials have a higher proportion of the longer fibers, making them stiffer but also more conductive. Some rely on smaller fibers to make them more pliable and resilient.

The company’s business model is as basic as its products are exotic: It sells stuff. KULR offers a range of premade heat-dissipation products in various sizes, shapes, lengths, and constructions. So far, KULR doesn’t license its technology, although CEO Michael Mo says he’s open to that possibility, especially for larger (read: aerospace) customers. Ultimately, he sees KULR becoming “a thermal platform company,” or getting acquired by an EDA or IP licensor. In the meantime, they’re keeping things cool.

Source: eejournal.com

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From: supernova238/2/2018 11:21:41 AM
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KULR Technology’s Thermal Architecture Included in Two Upcoming NASA-JPL Space Missions

KULR’s proprietary, light-weight, high-performance carbon fiber heat sinks will safeguard crucial lasers and scanning components on the 2020 Mars Rover’s search for signs of life on Mars as well as a 2018 mission to measure ice deposits near the lunar south poll.

August 02, 2018 11:11 AM Eastern Daylight Time

CAMPBELL, Calif.--(BUSINESS WIRE)--KULR Technology, a subsidiary of KT High-Tech Marketing Inc. (OTC: KUTG), announced today that its carbon fiber thermal management solutions, in particular custom-designed phase change heat sinks, will be used on two upcoming NASA-JPL missions – the 2018 CubeSat “Lunar Flashlight” mission and the 2020 Mars mission as part of the Mars Rover SHERLOC (Scanning Habitable Environment with Raman & Luminescence for Organics & Chemicals) equipment.

For both missions, the KULR Technology heat sinks will keep critical and sensitive components such as lasers and corresponding sensors at a cool and consistent temperatures throughout their use, avoiding signal distortion or other complications that can arise from overheating.

The 2018 CubeSat “Lunar Flashlight” mission will use a laser to explore water ice hidden in shadows and craters on the moon surface. It will be the first NASA and JPL mission to use the smaller, lighter, less expensive satellites known as CubeSats to orbit the moon.

“The use of these small CubeSats and exceptionally sensitive laser instruments to explore places such as lunar craters is a new and exciting kind of mission,” said KULR Technology’s CTO, Dr. Timothy Knowles, who has worked on NASA projects for decades. “And our technology, our heat sink, will keep the laser – the flashlight – from getting too hot and complicating or even corrupting the entire mission,” he said.

During the 2020 Mars Mission, SHERLOC will be mounted on the rover's robotic arm and use spectrometers, a laser, and a camera to search for organics and minerals that may be signs of past microbial life.

“The SHERLOC rover mission is literally the search for signs of extra-terrestrial life,” Knowles said. “That’s pretty exciting, but it also means that you have to be sure the equipment is performing as it should in ideal temperature ranges. Like the Lunar Flashlight mission, that’s what we can do.”

The innovative KULR design included in the “Lunar Flashlight” and “SHERLOC” projects is a unique and highly effective phase-change system that incorporates KULR’s proprietary, highly conductive vertical carbon fiber architecture with a material similar to wax that can change from solid to liquid while absorbing high amounts of heat energy. The combination of materials designed and assembled by KULR to exact specifications will draw heat safely away from sensors and other components needed to efficiently study lunar ice formations or scan for signs of life on Mars.

“For the Lunar mission, if the Flashlight laser gets above 24 Celsius the data can degrade -- jeopardizing the entire point of the mission,” Dr. Knowles said. “So, keeping it below 24 Celsius while the laser is spewing out heat at more than 100 Celsius is the trick. It’s like frying a hamburger and keeping the outside of the pan cool enough to touch – it’s not easy, but, in this case, very important.”

For the Mars mission, a pair of KULR heat sinks are designed to accept 5400 Joules of heat over an hour operating time while keeping the temperature of the spectrometer detector within design limits. All the components, including the KULR sinks, will be expected to last at least one Mars year – about 687 days on Earth.

For the CubeSat Flashlight and Mars Rover, KULR Technology will help keep mission-sensitive materials cool. But that’s not what KULR does exclusively. For the 2017 NASA NICER mission which explored deep space neutron stars, for example, KULR designed a system to keep the components from freezing during space exposure. Over years of work Knowles and his team at KULR have designed more than 100 different heat management configurations for NASA and other aerospace and commercial customers. According to Dr. Knowles, “Everything from solutions as big as a briefcase to ones as small as a quarter. If you need to manage heat energy during space exploration around sensitive electronics like lasers or optics, we can probably help.”

“The KULR team has been an essential part of many of our projects in the last two decades,” said Mike Pauken, Spacecraft Thermal Systems Engineer at the Jet Propulsion Lab. “We’re happy to be working with them and incorporating their thermal solutions as part of the SHERLOC Instrument on the upcoming Mars 2020 Rover Mission.”

KULR Technology’s core technology is vertically-aligned carbon fiber material that is lighter, more flexible, and more efficient than traditional thermal management products. KULR’s carbon fiber has virtually unlimited commercial and industrial applications in areas such as increasing the longevity of electronic components, maximizing the efficiency of energy storage, and contributing to the development and efficiency of electric vehicles and drones.

Among the more promising uses for KULR’s carbon fiber is dramatically improving battery safety. KULR, in development and testing with a NASA, has developed a thermal shield that can prevent dangerous lithium-ion battery fires and explosions due to thermal runaway. In March, KULR announced an agreement with the National Renewable Energy Laboratory, funded by the U.S. Department of Energy, to be the exclusive manufacturing partner of the Internal Short-Circuit (ISC) device that can cause predictable lithium-ion cell failures in controlled conditions.

The CubeSat “Lunar Flashlight” mission is set for launch in November 2018. The Mars 2020 mission is scheduled to launch in July or August 2020.

About KULR

Founded by some of the foremost experts in aerospace thermal management, KULR Technology is joined by industry veterans in semiconductor and industrial manufacturing. The company’s investors and advisors include industry leaders from US, Japan, and China in the field of electrical vehicles, energy storage, communications, and semiconductors. KULR’s proprietary carbon fiber-based solutions are lighter, higher performance and more compliant than traditional solutions. Some applications of KULR’s carbon fiber material include space exploration, electric vehicles, cameras and laser displays, robotics, servers and data systems, power storage and consumer electronics. kulrtechnology.com

Safe Harbor Statement

This 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 parent entity’s Form 10-K filed on April 17, 2018. 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. We assume no obligation to update the information included in this press release, whether as a result of new information, future events or otherwise.

Source: businesswire.com

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From: supernova238/14/2018 9:39:39 AM
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KULR Technology Upgraded to OTCQB Listing

Source:

backend.otcmarkets.com

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From: supernova238/14/2018 5:33:44 PM
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2nd Quarter Report: otcmarkets.com

Key Excerpt (page 11): During the second quarter of 2018, we generated business from our existing aerospace and automotive customer-base by providing contract services and thermal solution products. We continue to make progress with establishing the production of Internal Short Circuit (“ISC”) devices which were licensed from NASA and National Renewable Energy Laboratory (“NREL”) in the first quarter of 2018. Although no assurances can be made, we expect to generate revenue from the sale of ISC devices in the second half of 2018. In addition, we expect some of our current design engagements with potential customers in aerospace, defense and battery storage products to reach early production in the second half of 2018 and into 2019. However, no assurances can be made that such design engagements will result in production agreements or purchase orders.

Let's see if the Company is able to secure some of the developmental engagements it's been working on. From the sounds of it, should be an important 2nd half of the year.

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From: supernova238/30/2018 9:40:48 AM
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KUTG - Name change today from KT High-Tech Marketing, Inc. to KULR Technology Group, Inc.

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From: supernova239/18/2018 2:10:20 PM
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KULR Technology: Delivering Top-notch Thermal Management Solutions

insightssuccess.com

(From: The 10 Fastest Growing EVs Solution Providers, 2018)

About Insights Success:

Insights Success is a business magazine that reaches out to C level professionals, VPs, Consultants, VCs, Managers, and HRs of various industries worldwide.

insightssuccess.com

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From: supernova2310/16/2018 3:42:37 PM
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NASA Places Initial Order for KULR's Battery Testing Devices

apnews.com

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From: supernova2311/1/2018 1:06:35 PM
   of 78
 
KULR Technology Secures Contract With Leidos to Provide Purpose-Built Materials for Ongoing Defense Fieldwork



CAMPBELL, Calif., Nov. 01, 2018 (GLOBE NEWSWIRE) -- KULR Technology Group, Inc. (OTCQB: KUTG), (the “Company” or “KULR”), today announced that it will provide specific-use thermal management material to Leidos (NYSE: LDOS) for ongoing testing, research and development on defense-related projects.

Details of the agreement, the specific materials, and proposed projects are under security restrictions and will not be released but company leaders highlighted the importance of the relationship to continued programs within Leidos and with other partners.

“Whether in space, aerospace, defense or in consumer electronics, managing the heat of high-performance, high-demand components is always mission critical – too much heat, or not enough of it, in the wrong place at the wrong time can impair system performance or in the worst case be catastrophic,” said Dr. Timothy Knowles, co-founder and Chief Technology Officer at KULR. “We are proud to continue our work on safe and efficient thermal solutions with industry and research leaders such as Leidos.”

“The design and development of next-generation products and systems requires next-generation energy management or thermal management solutions,” said Vice President Billy Schaefer, Leidos Business Manager for Directed Energy. “Partnering with KULR will help us create these innovative products from conception to implementation for the customer.”

Though it’s not the company’s only thermal product, KULR’s core technology is a space-used, vertically-aligned carbon fiber material that is lighter, more flexible, and more efficient than traditional thermal management products. As pure carbon, KULR fiber is perfectly heat efficient and because it behaves like a flexible fabric it can fit with just about any power or electronic configuration in extremely demanding spaces with minimal contact pressure. Partners, including NASA and multiple defense agencies and contractors, have contributed decades of research and development on KULR’s thermal technology solutions.

“New areas of defense technology like directed energy systems, for example, require upgraded, optimal thermal systems, even just to test them,” said Michael G. Carpenter, Vice-President of Engineering at KULR Technology. “That’s why agreements with companies such as Leidos are so exciting for us.” Directed energy research programs are similar to those being promoted by the Directed Energy Professional Society.

About KULR Technology Group, Inc.
KULR Technology Group, Inc., through its wholly-owned subsidiary KULR Technology Corporation ("KULR"), develops and commercializes high-performance, space-used thermal management technologies for electronics, batteries and other components across an array of applications such as electrical vehicle, autonomous driving, AI/Cloud computing, energy storage and 5G communications technologies known collectively as e-Mobility. KULR's proprietary, core technology is a carbon fiber material with roots in aerospace and defense that provides superior thermal conductivity and heat dissipation in an ultra-lightweight, pliable material. By leveraging this break-through cooling solution, and its longstanding development partnerships with NASA, the Jet Propulsion Lab and others, KULR makes e-Mobility and other products safer and cooler. globenewswire.com

About Leidos:
Leidos is a Fortune 500® information technology, engineering, and science solutions and services leader working to solve the world’s toughest challenges in the defense, intelligence, homeland security, civil, and health markets. The company’s 32,000 employees support vital missions for government and commercial customers. Headquartered in Reston, Virginia, Leidos reported annual revenues of approximately $10.17 billion for the fiscal year ended December 29, 2017. For more information, visit www.Leidos.com.

Safe Harbor Statement
This 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 parent entity’s Form 10-K filed on April 17, 2018. 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. We assume no obligation to update the information included in this press release, whether as a result of new information, future events or otherwise.

Source: globenewswire.com

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From: supernova2311/13/2018 7:11:39 PM
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KULR Technology Group Announces Third Quarter 2018 Earnings (after market close on 11/13/18)

CAMPBELL, Calif.--(BUSINESS WIRE)--Nov 13, 2018--KULR Technology Group, Inc. (OTCQB: KUTG), (the “Company” or “KULR”), today issued its third quarter 2018 financial statements which are included in its Form 10-Q and its Chief Executive Officer, Michael Mo, provided the following statement:

To our shareholders:

KULR Technology passed a few milestones in the third quarter of 2018:

Financial Milestones:

For the three months ended September 30, 2018 and 2017, KULR generated $482,798 and $15,106 of revenues, an increase of $467,692. Our revenues during the three months ended September 30, 2018 consisted of sales of our component product, our Carbon Fiber Velvet (“CFV”) thermal management solution.

For the nine months ended September 30, 2018 and 2017, we generated $881,929 and $26,006 of revenues, an increase of $855,923. Our revenues during the nine months ended September 30, 2018 consisted of sales of our component product, our CFV thermal management solution, sales of an Original Equipment Manufacturer (“OEM”) product as well as certain research and development contract services.

Generally, we earn greater margins on revenue from products compared to revenue from services, so product mix plays an important part in our reported average margins for any period. Also, we are introducing new products at an early stage in our development cycle and the margins earned can vary significantly between period, customers and products due to the learning process, customer negotiating strengths, and product mix.

Customer Progress:

Continued focus on defense and aerospace sectors led to 182% increase in revenue in the 3 rd quarter of 2018 as compared to the 2 nd quarter of 2018; Deepened relationships with world-class OEM developmental partners in the EV and scooter markets; Secured design wins working with world class research laboratories such as Air Force Research Lab, the Naval Research Lab, and Lawrence Livermore National Laboratory; and Continued customer engagement with a US government agency.
Fourth Quarter 2018

Since becoming a publicly traded company in July of this year, we’ve been keenly focused on developing and commercializing our disruptive carbon-fiber based high-performance thermal management technologies across a wide array of electronics applications. Our revenue for the third quarter of 2018 increased 182% as compared to the 2 nd quarter of 2018, showing early signs of the momentum in our business and our growth potential. In the quarters ahead, we plan to forge additional global OEM ventures as well as deepen our partnerships within the aerospace and defense sectors. We anticipate our top line growth continuing for the next several quarters as our diversified product lines gain further adoption in primarily the aerospace, defense, and electric vehicle markets.

KULR’s core vision is commercializing its space qualified technology for the E-mobility revolution. E-mobility is one of the biggest market opportunities in the technology industry. It’s a grand convergence of electric vehicle technology, autonomous driving, AI/Cloud computing, and 5G communication and battery safety combined to fundamentally change the way we will live and work. Safety and energy efficiency are fundamentally important building blocks to the future of E-mobility. KULR will continue to develop new technologies, partner with the likes of NASA and the Jet Propulsion Laboratory, and integrate with other innovators to be one of the leaders in this marketplace. KULR’s mission is to be a world leader in the E-mobility charging infrastructure network.

The foregoing information and summary of results of operation does not purport to be complete and is qualified in its entirety by reference to the complete Quarterly Report on Form 10-Q for the quarterly period ended September 30, 2018, which was filed on November 13, 2018.

Safe Harbor Statement

This 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 parent entity’s Form 10-K filed on April 17, 2018. 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. We assume no obligation to update the information included in this press release, whether as a result of new information, future events or otherwise.

View source version on businesswire.com:https://www.businesswire.com/news/home/20181113006225/en/

CONTACT: KULR Technology Group, Inc.

Derek Newton, 786-499-8998

Head of Investor and Media Relations

derek.newton@kulrtechnology.com

SOURCE: KULR Technology Group, Inc.

Copyright Business Wire 2018.

PUB: 11/13/2018 05:15 PM/DISC: 11/13/2018 05:15 PM

businesswire.com

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From: supernova2311/15/2018 5:27:27 PM
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KULR Tech presenting at NASA Aerospace Battery Workshop on Wednesday November 28, 2018 at 3:45 pm.

3:45 Carbon Fiber Based Thermal Management and Safety Solutions for Lithium-Ion Battery

Mike Carpenter and Michael Mo, KULR Technology

Source: eventbrite.com

NASA Aerospace Battery Workshop: nasa.gov

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