Right. The HYDRA TRS is KULR's patented carbon fiber + aqueous (thus HYDRA) solution technology, which can be incorporated into a battery enclosure/pack, bag, etc and isn't necessarily a standalone product. However, TRS prevents a condition known as thermal runaway propagation, which is to say that it does prevent an explosion. TRS also serves the key purpose of venting flammable gases that are emitted when a battery goes into a thermal runaway event.
Here is a video of the Americase bag in a thermal runaway test:
Here is a video of a bag containing HYDRA TRS tech: