KULR Technology Supplies Thermal Administration Structure Companies to World Aerospace and Defense Company Other OTC:KULR

SAN DIEGO, Jan. 07, 2021 (World NEWSWIRE) — KULR Technology Group, Inc. (OTCQB: KULR) (the

SAN DIEGO, Jan. 07, 2021 (World NEWSWIRE) — KULR Technology Group, Inc. (OTCQB: KULR) (the “Company” or “KULR”), a top developer of battery safety and thermal administration technologies, right now announces it has presented thermal management structure solutions to a worldwide Tier-1 maker of aerospace and defense technology to strengthen thermal subsystems essential for greater functionality of hypersonic weapons.

A Congressional Investigate Services report in December 2020 exhibits that the Pentagon’s FY2021 funds request for all hypersonic-similar research is $3.2 billion, up from $2.6 billion in the prior year’s ask for. Hypersonic strike units are valued for their unique war-combating features of array, speed, maneuverability, survivability and lethality, in accordance to Mike E. White, the assistant director of hypersonics, Place of work of the Undersecretary of Protection for Investigate and Engineering. These characteristics make the advancement of – and investment in – enhanced hypersonic programs a precedence for the Office of Defense.

“As the nationwide need for prolonged-range airborne automobiles grows, and business demonstrations like Space X proceed to present the viability of reusable room and sub-orbital autos, energetic and passive warmth administration become significantly crucial things to mission achievements,” states Dave Harden, founder and CEO of The Outpost and KULR advisory board member. “KULR’s shut loop core cooling technologies, along with its issue-resolving group, are fast establishing themselves as essential constructing blocks for hypersonics, area automobiles, extended variety stand-off weapons and extensive loiter drones.”

KULR’s superior phase-change heatsink design providers will guide the manufacturer in the style and design of hypersonic weapons with lengthier vary and larger kinetic electricity than present devices, which are confined by their incapability to disperse heat. The means to preserve internal bay parts great inside really warm outer skin environments – whilst keeping greatest security amounts – is necessary to mission achievements and market place dominance.

“Efficient thermal administration is a important element of hypersonic weapons,” claimed Michael Carpenter, KULR’s vice president of Engineering. “Our engineers have currently made and crafted the evaporative cooling product for the DAQ and transmitter modules in the nose of the X-51 Waverider, and from this project we amassed a ton of technical insight. Making use of this information, it is fairly straight-ahead for us to adapt our engineering to provide the wants of up coming-era hypersonic weapons.”

About KULR Technology Team, Inc.
KULR Technological know-how Team, Inc. (OTCQB: KULR) develops, manufactures and licenses upcoming-generation carbon fiber thermal administration systems for batteries and digital techniques. Leveraging the firm’s roots in developing breakthrough cooling remedies for NASA room missions, and backed by a strong intellectual residence portfolio, KULR enables main aerospace, electronics, energy storage, 5G infrastructure and electric powered car (EV) manufacturers to make their goods cooler, lighter and safer for shoppers. For more data, make sure you go to www.KULRtechnology.com.

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This release does not constitute an present to offer or a solicitation of presents to get any securities of any entity. This release consists of specific forward-looking statements based mostly on our recent anticipations, forecasts and assumptions that involve challenges and uncertainties. Forward-looking statements in this launch are based mostly on information out there to us as of the date hereof. Our real success might differ materially from these stated or implied in this kind of forward-searching statements, thanks to hazards and uncertainties connected with our enterprise, which contain the possibility components disclosed in our Variety 10-K submitted with the Securities and Trade Fee on May 14, 2020. Forward-seeking statements incorporate statements regarding our expectations, beliefs, intentions or tactics with regards to the upcoming and can be discovered by forward-on the lookout text these types of as “foresee,” “feel,” “could,” “estimate,” “assume,” “intend,” “may,” “should really,” and “would” or comparable terms. All forecasts are delivered by administration in this release are primarily based on information readily available at this time and administration expects that interior projections and expectations may perhaps adjust in excess of time. In addition, the forecasts are fully on management’s most effective estimate of our long term economic overall performance specified our latest contracts, present-day backlog of options and conversations with new and current shoppers about our products and companies. We think no obligation to update the info integrated in this push release, irrespective of whether as a final result of new details, upcoming occasions or if not.

Media Call:
Derek Newton
Head, Media Relations
Principal: (786) 499-8998
[email protected]

Trader Relations:
KULR Technologies Group, Inc.
Primary: (888) 367-5559
[email protected]