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Posted On: 04/13/2020 7:11:29 PM
Post# of 188

Today, KULR Technology announced its first customer partnership with "mass market" commercial potential. Up until now, the Company's main source of business came from its aerospace customer engagements. I believe this is an important step for KULR as it validates the Company's TRS technology (https://kulrtechnology.com/hydra-thermal-runaway-shield/) as a commercially viable battery storage product for consumer facing applications. In the past KULR Technology reported that it's TRS battery storage application is being tested and developed for a tier-1 medical device manufacturer and automaker (electric vehicles). I imagine that the product development period for potential inclusion of TRS technology into electric vehicles, medical devices, and electronics in general is a rather lengthy process in comparison to the recently announced "battery bag" application for the shipping and logistics industry. Time will tell.

