Company Profile KT High-Tech Marketing, Inc., through its wholly-owned subsidiary KULR Technology Corporation, is focused on developing and commercializing high-performance thermal management (cooling) technologies for a wide array of electronics and energy storage applications. Heat generated by an electronic system's internal components can impair performance and result in system failure and shortened life. KULR exploits its patented Carbon Fiber Cooling (CFC) technologies by creating superior thermal management products high in thermal conductivity and heat dissipation properties. CFC is ultra-light weight and compliant, which are of key importance for many electronics applications where weight and system design restrictions (i.e. miniaturization of devices) are concerns. CFC solutions are rooted in the aerospace industry with the Company serving the likes of NASA, JPL, Raytheon and Boeing. CFC technology has played an important role in space exploration utilized in the Mars Rover, Mercury Messenger, and International Space Station. KULR provides next generation thermal management solutions for next generation space, industrial, military, electric vehicle, consumer electronics, and mobile and cloud computing markets. KULR stands uniquely positioned to meet the increasing system and power demands of the world of electronics. Executive Team Michael Mo, Chief Executive Officer Michael's family co-founded Epic Design Technology, a provider of integrated circuit simulation and analysis software tools. In 1997, Epic was acquired by Synopsis, Inc. (NASDAQ: SNPS) for $427.1 million. Michael co-founded Sympeer Technology in 2005, which was acquired by Amlogic in 2007, where he served as Senior Director of Business Development and his supply chain represented 70% of China's OTT set top box market. As a venture capital investor, notable early round investments include AllBusiness.com ($225 million acquisition by NBC Interactive), Spreadtrum Communications ($1.78 billion acquisition by Tsinghua holdings), and Omnivision ($1.9 billion acquisition by Hua Capital, Citic Capital, and Goldstone in 2016). Today, he focuses entirely on building KULR's business to serve the growing industry demand for improved thermal management products. Over the years, he has established business relationships with high-profile tech leaders in the U.S. and China. Michael earned a Master’s of Science in Electrical Engineering from UC Santa Barbara. Dr. Timothy Knowles, Chief Technology Officer Dr. Knowles has over thirty years of thermal management research and product development experience having performed work on some of the most challenging aerospace and industrial applications. Some of Dr. Knowles and his team's projects included building the X-38 battery heat sink, Mercury Messenger PCM heat sink, NICER telescope PCM heat sink, Mars Rover battery enclosure, and X-51 Scramjet heat exchanger and thermal interface material. He and his team of engineers (formerly Energy Science Laboratory, Inc.) conceived and developed KULR's proprietary carbon fiber cooling solutions and was awarded hundreds of contracts from numerous customers including NASA, JPL, Raytheon, and Boeing. Dr. Knowles is an expert in materials science and utilization of carbon fiber for heat sinks and heat exchangers. He authored or co-authored 48 research papers over the years. Dr. Knowles received a Ph.D. in Physics from UC San Diego. Simon Westbrook, Chief Financial Officer Simon founded and served as an officer of Aargo, Inc., a company specializing in financial consulting services to corporations in various tech related industries. Prior to Aargo, Simon served as CFO of Amber Network, Inc. and Sage, Inc. (NASDAQ: SAGI), a Silicon Valley company specializing in flat panel displays. Prior to Sage, Simon also held senior financial positions at Creative Technology (NASDAQ: CREAF) and Atari Corporation (AMEX: ATC), the video game and home computer company. Throughout his career, he has been involved in multiple initial and secondary public offerings and public and private M&A transactions. Simon is a chartered accountant and holds a Masters in Economics from Trinity College, Cambridge University. KULR in the News 7/17/2017: Wall Sreet Journal - Nasa's Work to Head Off Battery Blazes in Space Finds Uses on Earth 2/21/2018: Cheddar TV - Protecting Batteries from Electric Cars to NASA Space Shuttles 4/18/2018: National Renewable Energy Laboratory - KULR Technology Exclusively Licenses Award-Winning Battery Internal Short Circuit Device 7/11/2018: Business Wire - Xia Zuoquan, Co-Founder of Chinese Electric Vehicle and Battery Maker BYD, Joins KULR Technology's Advisory Board
Stuart Ching, VP of Sales for KULR Technology Stuart was former VP of World Wide Sales for semiconductor company ARM Holdings (acquired by Softbank for $32B in 2016) where he led a sales team of 165 employees responsible for generating over $1.2B in bookings and revenue. Stuart is a proven leader with an exemplary record of building and managing overachieving global sales teams. He is an alumnus of the Stanford Graduate School of Business.
Space-designed, light-weight carbon fiber is coming to drone racing and, soon, commercial drones and electric vehicles July 19, 2018 10:31 AM Eastern Daylight Time CAMPBELL, Calif.--(BUSINESS WIRE)--KULR Technology Corp, a subsidiary of KT High-Tech Marketing Inc. (OTC: KUTG), announced today that it will be the Technology Advisor for DR1, the premier high-performance international and invitational drone racing circuit. As the league’s Technical Advisor, KULR will work with drone designers, engineers, and pilots to deploy the company’s space-used and NASA-developed carbon fiber technology – helping DR1 push technical boundaries in speed, weight, and safety. “We’re excited by this partnership,” said KULR’s CEO Michael Mo. “The DR1 league is already skirting the very limits of drone and electric vehicle performance and, with our space-flight carbon fiber, together we can do some things that will really blow people away.” KULR’s core technology is a vertically-aligned carbon fiber material that is lighter, more flexible and more efficient than traditional thermal management products. The fiber solutions replace legacy cooling options such as fans, metal plates and liquid pump systems – things that don’t work too well on racing drones. KULR’s cooling systems can be used to cool drone cameras, fast quadrotors and batteries. The combined uses of the KULR fiber in dissipating heat from sensitive components and reducing the risks associated with battery failure will help make DR1’s racing drones faster and safer. “Together we’re going to make DR1 drones into remote-piloted lightning,” Mo said. “But it’s not just about racing and winning – there will be a ton of testing, learning and innovating along the way,” he said. That’s a familiar pattern. Just as innovations in high-performance IndyCar racing spawned many advances in consumer automotive design and safety, technology solutions pioneered and tested through the KULR/DR1 partnership will eventually improve the safety and efficiency of many products such as electric cars, robotics, commercial drones, and millions of consumer electronics. “It’s going to be a great, high-impact partnership,” DR1 Founder and CEO Brad Foxhoven said. “We want every crumb of power, speed, agility and ability from our racing drones and, with KULR Technology on board as our Technology Advisors, we’re absolutely going to get that – improving the sport, the fan experience and the technology in the process.” DR1 has previously held races around the world and sealed television and sponsorship agreements with CBS, Fox Sports, DHL, Mountain Dew and others. About KULR Technology Founded by some of the foremost experts in aerospace thermal management, KULR Technology is joined by industry veterans in semiconductor and industrial manufacturing. The publicly traded 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 the company’s carbon fiber material include space exploration, electric vehicles, cameras and laser displays, robotics, servers and data systems, power storage and consumer electronics. http://www.kulrtechnology.com/home 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. Contacts for KULR Technology Corp Derek Newton, 786-499-8998 [email protected] Source: https://www.businesswire.com/news/home/201807...ance-Drone Read More: https://investorshangout.com/post/view?id=5139928#ixzz5LiPrdr7t
KUTG appoints Marcum LLP (http://www.marcumllp.com/) as new independent registered public accounting firm: https://www.streetinsider.com/SEC+F...h-Tech+Marketing++++For:+Jul+19/14420020.html
Explanation of ISC safety testing device The following page and video does a good job of explaining the importance of NREL/KULR's ISC lithium-ion battery safety testing device: https://chargedevs.com/newswire/kul...nrel-developed-battery-safety-testing-device/
KULR Carbon Velvet Enables Cooler Digital Gear by Jim McGregor Contributor, Tirias Research October 21, 2016 This is an older editorial piece which gives good insight into KULR Technology's core carbon fiber tech: Managing heat has been a growing concern in consumer electronics as performance increases, form factors shrink and applications push mobile design requirements. As a result, designing systems to manage heat has become an art of balancing endless trade-offs, as demonstrated by the recent Samsung Galaxy Note 7 issues. However, KULR Technology is introducing a flexible carbon fiber heat sink that may eliminate many of the design trade-offs, while enabling a new generation of electronic form factors. When first approached about the concept of using carbon fiber in consumer electronics, my first thought was using it as the case, which has already been done. What KULR is doing is completely different. KULR has developed a velvet material made from carbon fibers. Not only does carbon fiber have higher tensile strength than steel when combined with epoxies or resins, it also has incredible heat conducting properties, making it a natural heat sink. When you combine vertical strands of carbon fiber into a velvet-like material, you create a heat sink that has a larger surface area. A larger surface area means that carbon fiber-based materials can dissipate more heat than traditional metal heat sinks. KULR calls the material carbon velvet. The resulting heat sink or thermal interface material is called FTI. FTI is flexible in both its composition and application. KULR can change the length and density of the fibers in its carbon velvet to change the heat transfer characteristics and cost. In application, the material can mold to a circuit board and its chips like a blanket. In addition to dissipating heat, this blanket also reduces the design requirements associated with traditional heat sinks, and eases the assembly of the final product. The flexible nature of the carbon velvet allows for creative product form factors, such as devices that mold to body parts. In talking to the KULR technical staff about the technology, it is also easy to see how the carbon velvet could be adapted to an almost endless list of applications ranging from augmented reality (AR) and virtual reality (VR) headsets to servers, electric vehicles, and renewable energy applications. Carbon fiber heat transfer technology is not new. It was originally developed over two decades ago for extremely demanding applications that could absorb the expense, including aerospace and industrial equipment. KULR’s proprietary manufacturing process is the enabling factor for wider adoption of carbon velvet technology. KULR can manufacture carbon velvet at competitive price points for many applications that might not have considered carbon fiber heat transfer solutions. Carbon velvet is one of those seemly simple solutions that addresses a top design constraint for the electronics industry – managing heat. Its benefits extend to reducing weight and enabling new form factors, which will be key for many markets, such as smartphones, wearables, IoT and even data center products. This broad applicability makes carbon velvet valuable for a wide range of companies ranging from Apple to GE. If you are interested in a deeper dive, we have posted a more detailed analysis of the technology and comparison to traditional heat sinks here: https://www.tiriasresearch.com/down...mes-electronic-thermal-and-design-challenges/ -- The author and members of the TIRIAS Research staff do not hold equity positions in any of the companies mentioned. TIRIAS Research tracks and consults for companies throughout the electronics ecosystem from semiconductors to systems and sensors to the cloud. Source: https://www.forbes.com/sites/tirias...vet-enables-cooler-digital-gear/#7652cc5366ec
Carbon Is Cool Startup KULR Technology Uses Carbon Fiber to Cool Chips This article further explains the significance of the tech.
Pence unveils plan to create Space Force by 2020 https://www.cnbc.com/2018/08/09/pence-unveils-plan-for-congress-to-create-space-force-by-2020.html Will be interesting to see if this has any long term impact on KULR Technology's business.
KULR Technology Upgraded to OTCQB Listing Source: https://backend.otcmarkets.com/otcapi/company/dns/news/document/32378/content
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: Key Excerpt from 10-Q (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. Source: https://www.otcmarkets.com/filing/html?id=12916581&guid=WDAEUqio8zcGZ3h
KULR Technology: Delivering Top-notch Thermal Management Solutions https://www.insightssuccess.com/kulr-technology-delivering-top-notch-thermal-management-solutions/ (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. https://www.insightssuccess.com/
NASA Places Initial Order for KULR's Battery Testing Devices (AP) https://apnews.com/405628e6148746f3b641af8ad3a89e62
KULR Technology Secures Contract With Leidos to Provide Purpose-Built Materials for Ongoing Defense Fieldwork
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 [email protected] SOURCE: KULR Technology Group, Inc. Copyright Business Wire 2018. PUB: 11/13/2018 05:15 PM/DISC: 11/13/2018 05:15 PM http://www.businesswire.com/news/home/20181113006225/en
I need a little education here. Can anyone comment on the amount of media attention vs. the lack of SEC Edgar filings on this company?
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: https://www.eventbrite.com/e/nasa-aerospace-battery-workshop-registration-41053735829 NASA Aerospace Battery Workshop: https://www.nasa.gov/batteryworkshop
