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September 03, 2019 09:00 ET | supply: KULR technology community, Inc.

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KULR TRS expertise

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KULR’s Thermal Runaway guard used internal fireproof bags on the foreign space (Left), Closed (center), Following a caused fire (appropriate).

KULR know-how group, Inc.

CAMPBELL, Calif., Sept. 03, 2019 (GLOBE NEWSWIRE) — KULR technology group, Inc. (OTCQB: KULR) (the “company” or “KULR”), a number one developer of subsequent-generation thermal administration applied sciences, introduced its Thermal Runaway shield (TRS) storage solution to securely shop desktop lithium-ion batteries on the foreign area Station (ISS), in partnership with Leidos (NYSE: LDOS), a FORTUNE 500® science and know-how enterprise, for the national Aeronautics and space Administration (NASA).

Leidos—in a $159 million, single-award can charge-plus fixed-fee contract with NASA—is applying numerous know-how improvements such as KULR’s Thermal Runaway defend (TRS) to increase capabilities for cargo planning, methods and packing that give the ISS with economical options in a dynamic and difficult working environment.

In 2019, Leidos procured KULR’s TRS for NASA to aid testing of its TRS in storage baggage to give protection to computer computing device battery packs on board the ISS. These bags, each containing two computer battery packs, are customarily stored adjoining to at least one one other. If one of the vital batteries enters into a state of thermal runaway, the ensuing temperatures will raise to the factor where thermal runaway is initiated in any neighboring bag as well, overheating all regional computer batteries. until now, extra empty baggage had to be positioned between occupied luggage to reduce the volume of heat radiated.

tests of the TRS inside the fireproof luggage began in 2019, and were discovered to take in enough thermal power in the tightly packed state of affairs to evade thermal runaway in the populated adjacent luggage. This turned into a significant difference from outdated assessments run devoid of the KULR TRS, and met the fireproofing necessities.

“KULR has provided a key component to the efficiency of the thermal administration solutions we're constructing for NASA,” referred to Daniel Barineau, Senior mission manager, at Leidos. “KULR’s thermal administration technology may still have applicability past this one implementation, each on the ISS and future locations. Thermal management solutions are critical to the safeguard and safety of all missions, and we're pleased to peer an additional effective use of KULR’s technology. The TRS is being flight certified now and the bags will fly on a resupply mission to the ISS on NG-12 in October 2019.”

“Alongside what is one more a success house software with our world-class strategic companions, we're unexpectedly transitioning TRS and our different proprietary technologies into mass market commercialization. apart from working with global automakers to make the most of our disruptive TRS know-how for subsequent-gen electric powered motors, we progress in opposition t providing the transportation and logistics business with the most secure, low-priced way to store and ship lithium-ion batteries and products containing them. we're working carefully with regulatory corporations and the private sector in this regard,” referred to Michael Mo, Chief executive Officer of KULR know-how community. “each and every and every a hit collaboration gives new opportunities to further purposes for a diverse array of consumer products including electric powered automobiles, e-scooters, smartphones, laptops, and e-cigarettes. We look ahead to presenting our shareholders with additional updates as these efforts proceed to materialize.”

About KULR technology community, technology neighborhood, Inc. (OTCQB: KULR) develops, manufactures and licenses subsequent-generation carbon fiber thermal administration applied sciences for batteries and electronic techniques. Leveraging the enterprise’s roots in constructing breakthrough cooling solutions for NASA deep space missions and backed by way of a robust intellectual property portfolio, KULR makes it possible for leading aerospace, electronics and electric vehicle manufacturers to make their items cooler, lighter and safer for the purchaser. For more counsel, please discuss with

protected Harbor StatementThis liberate doesn't represent a proposal to promote or a solicitation of presents to purchase any securities of any entity. This liberate consists of certain ahead-looking statements based on our latest expectations, forecasts and assumptions that contain dangers and uncertainties. forward-looking statements during this liberate are in accordance with assistance accessible to us as of the date hereof. Our genuine consequences can also fluctuate materially from these cited or implied in such forward-looking statements, because of dangers and uncertainties linked to our enterprise, which include the chance components disclosed in our mum or dad entity’s form 10-ok filed on March 29, 2019. forward-searching statements consist of statements concerning our expectations, beliefs, intentions or suggestions regarding the long run and may be identified by forward-searching words reminiscent of “expect,” “trust,” “may,” “estimate,” “are expecting,” “intend,” “can also,” “should still,” and “would” or an identical phrases. We assume no duty to update the suggestions protected during this press free up, no matter if because of new assistance, future movements or in any other case.

Media Contact:Derek NewtonHead, Media members of the family(786)

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KULR know-how neighborhood, Inc.

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KULR TRS know-how

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KULR’s Thermal Runaway take care of used inside fireproof luggage on the foreign space (Left), Closed (middle), Following a brought on fireplace (appropriate).

KULR know-how group, Inc.

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