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The Exciting Rise of KULR Technology Group Inc (OTCMKTS: KULR)

By July 23, 2020 August 31st, 2020 No Comments

KULR Technology Group Inc (OTCMKTS: KULR) is one exciting stock in small caps that recently saw a spectacular move up the charts from well under $1 to recent highs of $3.70 per share. Along the way the stock is quickly attracting a fast growing shareholder base that is currently accumulating more.

KULR took off after the Company announced its innovative carbon fiber thermal management solutions will be used on the upcoming NASA-JPL 2020 Mars mission as part of the Mars Rover. During the 2020 Mars Mission, KULR Technology’s 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. The Perseverance Rover and its mission were recently introduced to a national audience on the CBS show “60 Minutes” on May 31, 2020.

KULR Technology Group Inc (OTCMKTS: 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.

KULR stock took off last month after the Company announced its innovative carbon fiber thermal management solutions will be used on the upcoming NASA-JPL 2020 Mars mission as part of the Mars Rover. For the Mars mission, 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. The Perseverance Rover and its mission were recently introduced to a national audience on the CBS show “60 Minutes” on May 31, 2020.

 

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On July 23 KULR announced it will supply its carbon fiber thermal interface (FTI) material to Drako Motors, Silicon Valley manufacturer of the Drako GTE, a new ultra high performance electric supercar. As part of KULR’s space-proven thermal architecture, FTI offers superior thermal conductivity, ultra-lightweight and flexible mechanical properties designed for space exploration and defense applications where efficient cooling and size and weight restrictions are paramount.

“In our collaboration with Drako Motors, we are demonstrating a reference design platform for the highest performance EV supercar in the world,” said Michael Mo, CEO of KULR. KULR is applying its space-proven technologies to a thermal management platform for EV applications — which includes battery thermal management with FTI materials, battery safety with passive propagation resistant (PPR) design, battery safety testing with internal short circuit (ISC) technology, and electrical motor and component cooling with FTI and phase change material (PCM) solutions.

Currently on the move up again KULR is an exciting story developing in small caps; KULR innovative carbon fiber thermal management solutions SHERLOC will be used on the upcoming NASA-JPL 2020 Mars mission as part of the Mars Rover. 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. The Perseverance Rover and its mission were recently introduced to a national audience on the CBS show “60 Minutes” on May 31, 2020. The stock has significant liquidity, momentum and a fast growing shareholder base currently bidding the stock higher. We will be updating on KULR when more details emerge so make sure you are subscribed to Microcapdaily so you know what’s going on with KULR.

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