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Re: Scumbag Fraudsters post# 38

Friday, 11/02/2018 12:30:56 PM

Friday, November 02, 2018 12:30:56 PM

Post# of 8136
ISC was developed by NREL and NASA (National Renewable Energy Laboratories), which is the national laboratory of the U.S. Department of Energy. NREL/NASA awarded KULR Technology with an exclusive license to manufacture and sell the ISC device. You can go to NREL's web site to validate this (https://www.nrel.gov/news/program/2018/kulr-technology-exclusively-licenses-award-winning-battery-internal-short-circuit-device.html).

Regarding your comment about "giving" NASA the device in your analysis of the quote you cited from this press release, please note that the terms commercialization/commercial production by definition means to manage a business for profit or financial gain.

“As the exclusive commercialization partner for this ground-breaking technology, we will be providing NASA with initial test cells this quarter and ramp up commercial production in the Q119”

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