KULR KULR Technology Group, Inc.

Company Summary

Heat generated by electronics and batteries can degrade system reliability and performance. KULR Technology Group (NYSE: KULR) develops, manufactures, and licenses space-qualified carbon fiber thermal management technologies for batteries, electronics, and electrical systems that promotes optimal system performance. Leveraging the Company's roots in developing breakthrough cooling solutions for NASA ( International Space Station and Mars 2020 Rover ) and numerous aerospace missions and backed by a strong intellectual properties portfolio, KULR aims to commercialize its portfolio of technologies across the broad spectrum of consumer facing electronics, battery, and electric vehicle mass markets.

KULR TECHNOLOGY INVESTOR DECK (JUNE 2020)

CNN Interview with KULR CEO : November 1, 2019
CNN Interview with KULR CEO : July 30, 2020

Executive Team

Michael Mo, Chief Executive Officer

Michael's family co-founded Epic Design Technology, a provider of integrated circuit simulation and analysis software tools. In 1997, Epic was acquired by Synopsis, Inc. (NASDAQ: SNPS) for $427.1 million. Michael co-founded Sympeer Technology in 2005, which was acquired by Amlogic in 2007, where he served as Senior Director of Business Development and his supply chain represented 70% of China's OTT set top box market. As a venture capital investor, notable early round investments include AllBusiness.com ($225 million acquisition by NBC Interactive), Spreadtrum Communications ($1.78 billion acquisition by Tsinghua holdings), and Omnivision ($1.9 billion acquisition by Hua Capital, Citic Capital, and Goldstone in 2016). Today, he focuses entirely on building KULR's business to serve the growing industry demand for improved thermal management products. Over the years, he has established business relationships with high-profile tech leaders in the U.S. and China. Michael earned a Master’s of Science in Electrical Engineering from UC Santa Barbara.

Dr. Timothy Knowles, Chief Technology Officer

Dr. Knowles has over thirty years of thermal management research and product development experience having performed work on some of the most challenging aerospace and industrial applications. Some of Dr. Knowles and his team's projects included building the X-38 battery heat sink, Mercury Messenger PCM heat sink, NICER telescope PCM heat sink, Mars Rover battery enclosure, and X-51 Scramjet heat exchanger and thermal interface material. He and his team of engineers (formerly Energy Science Laboratory, Inc.) conceived and developed KULR's proprietary carbon fiber cooling solutions and was awarded hundreds of contracts from numerous customers including NASA, JPL, Raytheon, and Boeing. Dr. Knowles is an expert in materials science and utilization of carbon fiber for heat sinks and heat exchangers. He authored or co-authored 48 research papers over the years. Dr. Knowles received a Ph.D. in Physics from UC San Diego.

Simon Westbrook, Chief Financial Officer

Simon founded and served as an officer of Aargo, Inc., a company specializing in financial consulting services to corporations in various tech related industries. Prior to Aargo, Simon served as CFO of Amber Network, Inc. and Sage, Inc. (NASDAQ: SAGI), a Silicon Valley company specializing in flat panel displays. Prior to Sage, Simon also held senior financial positions at Creative Technology (NASDAQ: CREAF) and Atari Corporation (AMEX: ATC), the video game and home computer company. Throughout his career, he has been involved in multiple initial and secondary public offerings and public and private M&A transactions. Simon is a chartered accountant and holds a Masters in Economics from Trinity College, Cambridge University.

KULR In The News

7/17/2017: Wall Street Journal - Nasa's Work to Head Off Battery Blazes in Space Finds Uses on Earth
2/21/2018: Cheddar TV - Protecting Batteries from Electric Cars to NASA Space Shuttles
4/18/2018: National Renewable Energy Laboratory - KULR Technology Exclusively Licenses Award-Winning Battery Internal Short Circuit
7/11/2018: Business Wire - Co-Founder of Chinese Electric Vehicle and Battery Maker BYD, Joins KULR Technology's Advisory Board
7/19/2018: Business Wire - KULR Technology to Serve as Technology Advisor to High-Performance Drone Racing Organization, DR1 Racing
8/02/2018: Business Wire - KULR Technology's Thermal Architecture Included in Two Upcoming NASA-JPL Space Missions
10/16/2018: Associated Press - NASA Places Initial Order for KULR's Battery Testing Devices
11/01/2018: Globe Newswire - KULR Technology Secures Contract with Leidos to Provide Purpose Built Materials for Ongoing Defense Work
11/13/2018: AP News Wire - KULR Technology Group Announces Third Quarter 2018 Earnings
1/7/2019: NASDAQ - KULR Technology Secures Patent for Thermal Runaway Shield (TRS)
3/11/2019: Globe Newswire - KULR Technology Partners With Saft to Provide Battery Safety Research and Testing Devices
4/2/2019: NASDAQ - KULR Technology Group Announces FY2018 Financial Results
4/3/2019: Globe Newswire - KULR Technology Group to Acquire Vehicle Management Technology Company TECHTOM
5/14/2019: Globe Newswire - KULR Technology Partners with Lockheed Martin to Provide Thermal Management Solutions
6/18/2019: Globe Newswire - KULR Technology Inc. Engages MZ Group to Lead Strategic Investor Relations ans Shareholder Communication Program
7/08/2019: Accesswire - KULR Technology Partners with Vehicle Research Organization Centre de Technologies Avancees BRP-UdeS to Improve Electric Vehicle Battery Safety
7/11/2019: Accesswire - KULR Technology Announces Ticker Symbol Change to "KULR" on OTCQB Exchange
7/23/2019: Globe Newswire - KULR Technology Group To Attend Canaccord Genuity Investor Conferences In August 2019
8/05/2019: Globe Newswire - KULR Technology Announces Launch of Safety-Driven Lithium-Ion Battery Design Solution Package
8/29/2019 - Globe Newswire - US Navy Includes Use of KULR Technology Solution in Proposed Battery Screening and Warehousing Program
9/03/2019 - Globe Newswire - KULR Technology Group Announces Partnership with Leidos to Supply NASA with Lithium-Ion Battery Storage Solution for International Space Station
9/19/2019 - Globe Newswire - KULR Technology Provides Battery Safety Solutions to Global Tier-1 Medical Device Manufacturer
9/26/2019 - Globe Newswire - KULR Technology to Present Battery Safety Solutions at FAA Fire and Cabin Safety Conference
10/8/2019 - Globe Newswire - KULR Technology to Showcase Space-Utilized Technology at Battery Safety Summit
10/10/2019 - Globe Newswire - KULR Technology Provides Battery Safety Solutions For Leading Electric Aircraft Company
10/15/2019 - Globe Newswire - KULR Technology Adds to Suite of Battery Safety and Testing Solutions with New License of NASA Technology
10/21/2019 - Globe Newswire - KULR Collaborates with NASA on High-Voltage Battery Safety Guide
11/04/2019 - Globe Newswire - KULR Technology Reports Third Quarter 2019 Financial Results
11/14/2019 - Globe Newswire - KULR Technology to Collaborate with Global Tier-1 Power Tool Manufacturer for New Line of Performance Products
11/15/2019 - Globe Newswire - KULR Technology to Showcase Battery Safety Solutions at NASA Aerospace Battery Workshop
2/24/2020 - Globe Newswire - KULR Announces Passive Propagation Resistant Lithium-Ion Battery Safety Solution for CubeSat and Commercial Battery Applications
3/5/2020 - Globe Newswire - KULR Enters Into Definitive Funding Agreement For Up To $8,000,000
3/10/2020 - Globe Newswire - KULR Technology to Provide Battery Safety Research and Testing Devices to Tier-1 Asian Automaker
4/13/2020 - Globe Newswire - KULR Technology and Americase Announce Licensing Agreement
4/28/2020 - Globe Newswire - KULR Technology Group Partners with Hazmat Safety Consulting to Work with Industry and Regulatory Leaders on PPR Battery Safety Technology
6/4/2020 - Globe Newswire - KULR's Architecture Included In Upcoming Mars Perseverance Rover
6/10/2020 - Globe Newswire - KULR Technology Announces Battery Solution for Space Applications
6/20/2020 - Globe Newswire - KULR Technology Group Inc. Reports Financial Results for the Three Months Ended March 31, 2020
7/16/2020 - Globe Newswire - KULR Commercializes Battery Safety Technology for Volta Energy Products
7/17/2020 - Globe Newswire - Former Chief of Strategic Prioritization at the Pentagon Dave Harden Joins KULR Technology Group's Advisory Board
7/24/2020 - Globe Newswire - KULR Technology Group Announces Supplier Partnership of NASA Grade Carbon Fiber Cooling Technology For Drako Motors Electric Supercar
7/29/2020 - Globe Newswire - KULR Technology Group Announces Issuance of U.S. Patent Covering Risk Minimization of Fires and Explosions in Lithium-Ion Battery Packs
8/5/2020 - Accesswire - KULR Technology Group Announces Issuance of U.S. Patent for Compressible Thermal Interface Material
8/14/2020 - Accesswire - KULR Technology Group Inc. Reports Second-Quarter Results and Announces Shareholder Update Call
8/26/2020 - Accesswire - KULR Technology Group Awarded by NASA Marshall Space Flight Center to Build 3-D Printed Battery Systems for Manned and Robotic Space Applications
8/31/2020 - Globe Newswire - KULR Technology Group to Participate in United Nations Working Group on Lithium Battery Classification
9/02/2020 - Globe Newswire - KULR Technology Group and Hazmat Safety Consulting Begin Work to Improve Industry Standards for Commercial Shipments of Batteries
9/10/2020 - Globe Newswire - SmallCapVoice Interviews KULR Technology Group CEO Michael Mo and Former Air Force Chief of Strategic Prioritization Dave Harden
9/15/2020 - Accesswire - KULR Technology Group Joins the Outdoor Power Equipment Institute
9/17/2020 - Accesswire - AFWERX Names KULR Technology Group Among Top Teams Selected to Exhibit at EngageSpace on September 29th - 30th, 2020
10/1/2020 - Accesswire - KULR Technology Group Announces Order for Surface Pro Storage Solution Onboard the International Space Station
10/6/2020 - Globe Newswire - KULR Technology Group Partners with Airbus to Provide Battery Safety Solutions
10/22/2020 - Accesswire - KULR Technology Provides Battery Safety Research and Testing Devices to Federal Aviation Administration
10/26/2020 - Accesswire - KULR Partners with Leading Global Electronics Components Supplier On Battery Safety Technologies
11/13/2020 - Accesswire - KULR Technology Group Inc. Reports Third-Quarter Results and Announces Shareholder Update Call
12/10/2020 - Globe Newswire - Report by Naval Surface Warfare Center Validates Efficacy of KULR’s Battery Safety Technology
12/29/2020 - Globe Newswire - KULR Technology Group Announces Pricing of $8.0 Million Offering
12/31/2020 - Accesswire - KULR Technology Group Announces Closing of $8.0 Million Offering
1/06/2021 - Globe Newswire - KULR Completes Capital Raise to Drive Growth and Expansion Initiatives
1/07/2021 - Globe Newswire - KULR Technology Provides Thermal Management Design Services to Global Aerospace and Defense Manufacturer

Company Accounting/Auditing Firm: Marcum LLP
Company Securities Law Firm: Sichenzia Ross Ference Kesner LLP


**Disclosure: This information does not constitute an offer to sell or a solicitation of offers to buy any securities of KULR. My family has invested in KULR and in the past I've personally acted as a consultant for KULR and have been compensated in shares for that role. I'm not a licensed financial professional. I have performed extensive research on the Company and believe KULR has real potential to displace conventional thermal management or "cooling" solutions for the electronics and battery industries. This is my opinion and you should always perform your own due diligence before making any investment decision. There is obviously risk of loss when buying or selling securities and generally even greater risk associated with buying or selling micro-cap stocks. Some real challenges faced by micro-cap companies include raising capital, increasing liquidity, attracting institutional investors, gaining analyst coverage, and general mistrust of the micro-cap market. Micro-cap companies also tend to lack in resources and often struggle to commercialize their products or services in a meaningful way.