Home > Boards > US OTC > Electronics and components > KULR Technology Group, Inc. (KUTG)

KULR Technology Partners With Lockheed Martin to Provide

Public Reply | Private Reply | Keep | Last ReadPost New MsgNext 10 | Previous | Next
supernova23 Member Profile
 
Followed By 0
Posts 97
Boards Moderated 1
Alias Born 07/28/17
160x600 placeholder
Current Report Filing (8-k) Edgar (US Regulatory) - 6/7/2019 11:53:14 AM
Quarterly Report (10-q) Edgar (US Regulatory) - 5/14/2019 4:45:22 PM
Current Report Filing (8-k) Edgar (US Regulatory) - 5/2/2019 9:24:05 AM
KULR Technology Group to Acquire Vehicle Management Technology Company TECHTOM InvestorsHub NewsWire - 4/3/2019 10:10:45 AM
Current Report Filing (8-k) Edgar (US Regulatory) - 4/3/2019 9:02:30 AM
Current Report Filing (8-k) Edgar (US Regulatory) - 4/2/2019 9:32:00 AM
Annual Report (10-k) Edgar (US Regulatory) - 3/29/2019 4:38:21 PM
Current Report Filing (8-k) Edgar (US Regulatory) - 1/7/2019 4:12:54 PM
Small Company Offering and Sale of Securities Without Registration (d) Edgar (US Regulatory) - 12/17/2018 2:10:32 PM
Current Report Filing (8-k) Edgar (US Regulatory) - 12/6/2018 5:27:41 PM
Information Statement - All Other (definitive) (def 14c) Edgar (US Regulatory) - 12/4/2018 5:03:32 PM
Current Report Filing (8-k) Edgar (US Regulatory) - 12/4/2018 11:15:07 AM
Proxy Statement - Other Information (preliminary) (pre 14c) Edgar (US Regulatory) - 11/21/2018 4:36:10 PM
Current Report Filing (8-k) Edgar (US Regulatory) - 11/13/2018 4:51:15 PM
Quarterly Report (10-q) Edgar (US Regulatory) - 11/13/2018 4:32:30 PM
KULR Technology Secures Contract With Leidos to Provide Purpose-Built Materials for Ongoing Defense Fieldwork InvestorsHub NewsWire - 11/1/2018 1:09:59 PM
NASA Places Initial Order for KULR's Battery Testing Devices InvestorsHub NewsWire - 10/16/2018 1:01:58 PM
Securities Registration: Employee Benefit Plan (s-8) Edgar (US Regulatory) - 10/9/2018 4:21:44 PM
Current Report Filing (8-k) Edgar (US Regulatory) - 8/30/2018 4:35:08 PM
Quarterly Report (10-q) Edgar (US Regulatory) - 8/14/2018 2:42:06 PM
Current Report Filing (8-k) Edgar (US Regulatory) - 8/14/2018 12:27:26 PM
Current Report Filing (8-k) Edgar (US Regulatory) - 7/20/2018 5:20:12 PM
Small Company Offering and Sale of Securities Without Registration (d) Edgar (US Regulatory) - 7/12/2018 9:49:38 AM
Current Report Filing (8-k) Edgar (US Regulatory) - 7/11/2018 12:05:00 PM
supernova23   Tuesday, 05/14/19 11:25:08 AM
Re: None
Post # of 123 
KULR Technology Partners With Lockheed Martin to Provide Thermal Management Solutions

CAMPBELL, Calif., May 14, 2019 (GLOBE NEWSWIRE) -- KULR Technology Group, Inc. (OTCQB: KUTG), (the “Company” or “KULR”), today announced it will provide its space-developed thermal technology for a purpose-built phase change (PCM) heat sink to leading aerospace and defense company Lockheed Martin (NYSE: LMT).

The PCM developed by KULR delivers concentrated heat capacity from phase change, utilizing the company’s proprietary carbon fiber core to provide tailored thermal conductivity and proven durability in a light-weight package. The PCM device may serve as a structural element in the system and either absorb or release heat according to the application. This fully passive device offers a cost-effective alternative to more complex cooling methodologies.

Details on how Lockheed Martin will use the customized PCM heat sinks was not disclosed, nor were specific terms of the agreement. Company leaders did highlight the importance of their partnership in developing and using the best thermal management technologies for crucial aerospace, defense and other systems.

“In nearly every advanced technology, heat is a killer. And the more advanced, the more precise something has to be, the more important it is to isolate and redirect heat away from the source – and that’s what we do,” said Michael Mo, CEO of KULR. “We are very proud to be working with Lockheed Martin to design and deliver thermal management solutions to their demanding specifications – solutions that allow Lockheed Martin to meet and exceed the needs of their customers,” he said.

KULR’s PCM solutions are expected to be delivered through 2019.

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 electric vehicles and autonomous driving (collectively as E-Mobility), AI/Cloud computing, energy storage, and 5G communication technologies. 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 and 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. https://www.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: http://www.globenewswire.com/news-release/2019/05/14/1823773/0/en/KULR-Technology-Partners-With-Lockheed-Martin-to-Provide-Thermal-Management-Solutions.html

Public Reply | Private Reply | Keep | Last ReadPost New MsgNext 10 | Previous | Next
Follow Board Follow Board Keyboard Shortcuts Report TOS Violation
X
Current Price
Change
Volume
Detailed Quote - Discussion Board
Intraday Chart
+/- to Watchlist