KULR Technology Group Inc (KULR)

[TFMG]

#KULR Tech low-float tech play, with a $5 Price Target





KULR Technology Group Inc.
(OTCQB: KULR )
Current Price: $1.34
Price Target: $5.00
(Litchfield Hills Research)
Float: 38.52M
Chart Analysis
CEO Interview with Small Cap Voice

KULR Technology Group, Inc. (OTCQB: KULR ) develops, manufactures and licenses next-generation carbon fiber thermal management technologies for batteries and electronic systems. Leveraging the company’s roots in developing breakthrough cooling solutions for NASA space missions and backed by a strong intellectual property portfolio, KULR enables leading aerospace, electronics, energy storage, 5G infrastructure, and electric vehicle manufacturers to make their products cooler, lighter and safer for the consumer. For more information, please visit http://www.kulrtechnology.com.

Company Highlights

Technology with roots in producing electronic and battery cooling solutions for NASA space missions and transitioning into mass market commercialization.

Key target markets include:

• Aerospace and Defense

• Battery Safety and Testing

• Utility Level Energy Storage

• 5G, Cloud Computing, and Consumer Products/Electronics

• Shipping and Logistics (packaging solutions)

• Electric Mobility

? Attractive and scalable business model with high gross margins (73%)

? Robust patent portfolio and 28 customer engagements across multiple industries

? Experienced management team with high insider ownership (+52%)

Passive Propagation Resistant ( PPR ) Lithium-Ion Battery Safety Solutions

? Formally launched a PPR battery design solutions for lithium-ion battery cooling and safety in 2020

? Design solution provides key features that prevents cell-to-cell thermal runaway propagation and risk of fire and explosion from exiting the battery enclosure

? KULR currently works with NASA’s Marshall Space Center and NASA’s Ames Research Center on designs for a crewed space mission

? KULR’s HYDRA Thermal Runaway Shield ( TRS ) technology deployed to the International Space Station - Product development engagements with medical device, electric aircraft, and electric vehicle makers, shipping and logistics solution provider and others

Space Qualified Thermal Interface Material (TIM) and Heat Sink Solutions for Next Generation, Consumer-Facing Mass Market Applications

? High thermal conductivity, low thermal resistivity TIMs and heat

sinks keep electronics and electrical products cooler allowing for

improved system performance

? Compliant, low contact pressure TIMs allow for greater electronic

and electrical product design flexibility and reliability

KULR Technology Provides Battery Safety Research and Testing Devices to Federal Aviation Administration

KULR's internal short circuit technology to be used in evaluating problems leading to passenger lithium-ion battery malfunctions that can cause smoke and fire incidents aboard aircrafts
KULR has supplied its internal short circuit (ISC) battery safety and testing device technology to the Federal Aviation Administration ( FAA ).

According to data released by the FAA , since January 2017, an air/airport incident involving lithium batteries (smoke, fire, extreme heat, or explosion) has occurred on average about once every eight days. As the exclusive provider of ISC technology to the FAA , KULR's devices will address the alarming increase in smoke and fire incidents aboard an aircraft due to passengers' malfunctioning lithium-ion batteries.
Developed by researchers at NASA and the National Renewable Energy Lab (NREL), the ISC device reliably creates thermal runaway in lithium-ion battery trigger cells in controlled, laboratory conditions. Unlike most other evaluation methodologies that mechanically damage the battery exterior to activate the short, KULR's ISC device triggers a true internal short. This method makes it possible to accurately pinpoint and fix problems leading to battery malfunctions. KULR's ISC technology received the prestigious R&D100 Award in 2016 and was runner-up for NASA invention of the year in 2017.
"We're excited to provide the FAA's research and design engineers an advanced means to improve avionic battery safety," said Michael Mo, CEO of KULR . "Designing safer battery enclosures and systems is a key element in aviation sector safety and a cornerstone of what we do at KULR . The FAA's ISC order is just the latest example of KULR's ongoing effort to provide our technology to regulators and industry trade groups in order to educate consumers and enhance battery safety."
Last month, KULR participated in meetings of the United Nations Transport of Dangerous Goods Sub-Committee Informal Working Group to establish test methods and criteria by which lithium batteries could be more effectively regulated based on their inherent hazards. The Company also recently announced its membership into the Outdoor Power Equipment Institute ("OPEI"), further advancing its commitment to the safe design and manufacturing of lithium batteries.

KULR Partners with Airbus to Provide Battery Safety Solutions

Partnership with leading global aerospace company underscores KULR’s commitment to battery safety worldwide


KULR has partnered with Airbus Defense and Space to provide KULR’s passive propagation resistant ( PPR ) battery design solutions for ongoing research into lithium-ion battery testing and safety for flight applications. The electrical engineers at Airbus do research and develop safe battery solutions for defense, space, helicopter, and aircraft applications.

KULR’s PPR design combines HYDRA Thermal Runaway Shield ( TRS ), LYRA internal short circuit, and NASA’s Fractional Thermal Runaway Calorimeter cell analysis technologies to provide an integrated total solution for battery testing and safety. HYDRA TRS is a sleeve-like shield that surrounds and separates individual cells in multi-cell packs and contains carbon fiber core and liquid coolant. The unique combination and configuration of the shield passively draws intense heat of cell failures away from nearby cells while dousing the failed area in a cooling and fire-prevention liquid.

Though weight and volume of thermal management solutions are the most critical constraints in flight applications, KULR’ carbon fiber architecture offers superior mass and weight advantages.

“We are excited to work with Airbus to refine and enhance its battery safety research, an agreement that further demonstrates our commitment to battery safety in consumer and commercial applications,” said Michael Mo, CEO of KULR . “We believe our TRS technology can provide a lightweight and effective solution to mitigate thermal runaway propagation risk for Airbus’ high-performance batteries.”

KULR’s HYDRA TRS is proven by various government testing authorities to stop or mitigate the impacts of dangerous lithium-ion battery failures known as thermal runaway propagation. Last year, Leidos ( LDOS ) and NASA used KULR’s HYDRA TRS technology to safely ship to and store batteries aboard the International Space Station. In addition, NASA’s Marshall Space Flight Center (MSFC) recently awarded KULR a dual-use technology development agreement to build 3D printed battery systems for manned and robotic space applications.

Minimizing Thermal Runaway

KULR CEO speaks on electric car battery fires, safety solutions.

These batteries are the driving force behind the EV market and a potential threat to growth in that industry.
Lithium ion batteries power many items that are used in our daily lives, among them are your cell phone, laptops and electric vehicles.

These batteries are the driving force behind the EV market and a potential threat to growth in that industry.

Auto makers are still grappling with battery fire risk; lithium batteries that can overheat and become a fire.

"Lithium batteries are the foundation which these EVs are running on," said Michael Mo.

Mo is the CEO of KULR Technology group. Thermal management is its focus.

"They ( batteries) have an inherent risk called thermal runaway," said Mo.

Mo told On Your Side thermal runaway is contributing to a rash of electric car fires.

In fact, Hyundai and BMW recently issued recalls on some models.

Ford has delayed the introduction of its new plug in Hybrid Escape and an earlier this month the government launched an investigation into complaints about electric battery fires in GMs Chevy electric Bolts.

"We are at the early stages of this EV revolution, renewable energy evolution, and safety performance is a critical part of that," said Mo.

He said his company has developed thermal management technology is now being used by NASA on its MARS Rover 2020 program.

The California company is now providing battery safety and testing devices to the Federal Aviation Administration.

Its internal short circuit technology is being used to evaluate problems leading to passenger lithium-ion battery malfunctions that can cause smoke and fire incidents aboard aircrafts

"We are also working with electric car companies to deploy some of the Mars Rover technology," said Mo, " we are working on performance and safety of EVs ."

They're working on rechargeable energy storage systems and shields to minimize thermal runaway.

At the personal level Mo said If you own a plug in hybrid or all electric car don't panic.

He said follow the charging guidelines and keep your software updated.

According to published reports, by 2050 between 60 and 80% of global new car sales will be electric (this comprises battery, plug-in hybrid and fuel cells.)

And companies are pumping billions into the industry with a focus on electric vehicle ( EV ) batteries performance and safety.


KULR Listed As One Of Wall St . Reporter's "Next Super Stocks"

Wall Street Reporter, the trusted name in financial news since 1843, is highlighting companies which recently presented at its Next Super Stock & Investors Discovery Day livestream conference series

KULR Technology Group, CEO Michael Mo made his debut presentation at Wall Street Reporter’s “Investors Discovery Day” livestream conference and explained how KULR is addressing multi-billion dollar market opportunities in battery technologies, ranging from electronic devices, to electric vehicles and space exploration.

KULR recently announced that its innovative carbon fiber thermal management solutions will be used on the upcoming NASA-JPL 2020 Mars mission as part of the Mars Rover. KULR will provide crucial thermal management for vital components in the Rover as part of the SHERLOC (Scanning Habitable Environment with Raman & Luminescence for Organics & Chemicals) equipment. The KULR solution includes custom-designed phase change heat sinks designed to absorb and mitigate rapid temperature changes, keeping sensitive components such as lasers and sensors within desired temperature ranges to avoid signal distortion or other complications. 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.


Litchfield Hills Research Initiates KULR Technology Group with a "Buy" Rating and Slaps On $5.00 Price Target!

KULR reported 2Q20 results that were largely as expected, missing our EPS estimate by a penny due to rounding. The company reported an EPS loss of $0. 01 on $201,000 of revenue. We had been looking for an EPS loss of $0.00 on $200,000 of revenue.

Our 2021 estimates are unchanged

KULR Technology Group develops, manufactures and licenses next-generation carbon fiber thermal management and safety technologies for batteries and electronic systems.
The company has been pulling together solid business relationships with companies that will use KULR products. Those companies, however need to execute on their production plans. For example,subsequent to the end of the quarter announced a supplier partnership with Drako Motors, maker of an electric Supercar and commercialized battery safety technology for Volta Energy’s Whispertech™ energy storage systems.

It also announced it was awarded two new U.S. patents.

Both the growth of electric-motor based transportation and demand for increased safety of lithiumion batteries are key drivers for KULR . Semiconductor and other components that control current flow to the motors must manage considerable heat in the process. KULR has what we believe to be better and lighter materials for thermal management.
Attractive valuation. The company has been cutting costs and is targeting cash flow break-even by 4Q20.

Source: http://www.hillsresearch.com/wp-content/...

KULR Revenues Increase 257% on New Customer Growth and Service Projects

Second Quarter 2020 Summary Achievements:

Increased revenues by 257%, driven by two-fold increase in customer transactions
Reduced monthly operating expenses by 20%
Raised $758,000 from the issuance of common stocks, net of issuance expenses
Awarded patents on its NASA-grade Fiber Thermal Interface ( FTI ) and Thermal Runaway Shield ( TRS ) solutions
Established new partnerships and supply agreements to implement proprietary thermal heat technology into electric vehicles, energy storage and other commercial applications
Operational Highlights:

KULR was awarded a patent on its Fiber Thermal Interface ( FTI ), a NASA-grade high-performance thermally conductive carbon fiber material developed for a variety of different applications, including space, automotive and electronics.
KULR was also awarded a patent on its Thermal Runaway Shield, which reduces hazardous risks associated with thermal runaway in lithium-ion battery packs.
The Company partnered with Silicon Valley-based Drako Motors to use FTI for the thermal management system of Drako GTE, a new ultra-high-performance electric supercar.
Dave Harden, former Chief of Strategic Prioritization at the Pentagon, joined KULR’s advisory board.
Signed an agreement with Volta Energy Products to provide passive propagation resistant ( PPR ) technology for implementation in stationary energy storage modules from the grid.
Launched a PPR battery design solution for space applications, including both trigger and production cells, for lithium-ion battery testing and safety.
Its innovative carbon fiber thermal management solution was used on the Mars 2020 Perseverance Rover SHERLOC instrument.
Partnered with Hazmat Safety Consulting to work with industry and regulatory leaders on PPR battery safety technology due to increased focus and concern on improving public safety from battery fires.
Announced licensing agreement with Americase for use of KULR’s PPR technology and supply of core materials for Americase’s patent-pending battery bag.

Technical Analysis

Based on our own technical analysis , we see the potential for another big move from here.

Bullish Indicators:

Stock found support on strong historical daily support level , setting up a nice bounce out of the falling wedge
Indicators have reversed and in bullish uptrends.
Momentum indicates a bullish swing.
Stochastic bottomed and in reversal.
The Bottom Line

With its low-float and recent announcements, we believe that KULR is in for a huge week of trading.

The Company is in the midst of a major growth period, and we believe it has the potential to double in price from here.

KULR already has strong revenue growth, and is in possession of cutting edge technology in some of the fastest growing tech sectors.
With a analyst price target of $5.00, we believe that KULR is extremely undervalued at its current levels. By Viewing this Content, you Agree that you Have Read and are in Full Understanding of both our Disclaimer & Privacy Policy(*Remember to use a Stop-Loss Order to protect your gains, as well as limit possible losses.)