Last post today - Feel free to ask any questions if you're interesting in learning more - I'll make other follow up posts in the future for those of you who are interested. Thanks.
Tom
Why KULR?
• It’s science. Carbon fiber-based thermal management solutions are in many ways, superior to other electronics and battery cooling solutions. KULR’s solutions are generally more thermally conductive (cooling ability), lighter in weight, and can reduce manufacturing complexity. Conventional forms of thermal management include aluminum and copper heat sinks and a variety of silicone-based thermal interface materials. • KULR has long-standing partnerships and customers within the aerospace industry that include NASA, Boeing, Raytheon, and others. The Company’s thermal management solutions will be utilized in the Mars 2020 Rover and recently announced battery storage solutions aboard the International Space Station. • KULR is working on commercializing its technologies on a large scale with various Tier-1 development partners and across a variety of consumer-facing markets with high production volume potential, including the electric vehicles, consumer electronics, medical device, and shipping and logistics markets. • KULR is a global leader in carbon fiber-based cooling solutions and has multiple patents on its technologies. The Company’s solutions offer clear advantages, they are still unconventional by consumer-facing industry standards (do not yet fit into pre-existing patterns of end-product manufacturability). It’s interesting to note Samsung utilized a novel carbon fiber water cooling system with its Galaxy Note 9 phone in 2018. • Burgeoning markets like vehicle electrification may provide KULR with its biggest opportunities. Automakers will seek out the cost-effective, high-performance battery cooling solutions for next-generation EVs. KULR’s Thermal Runaway Shield (TRS) battery storage technology utilized by NASA is arguably the best lithium-ion battery pack (enclosure) in the world, given its ability to also mitigate or prevent thermal runaway propagation. Additionally, KULR can get in on the ground floor, where automakers are more likely incorporate innovative technologies into manufacturing processes for their next-generation products. • Clearly understood business model with product scalability • An OTC company with a high level of transparency and affiliation with reputable accounting firm, Marcum LLP and securities counsel, Sichenzia Ross Ference LLP. • Experienced management team with high insider ownership (+51%)
KULR offers innovative space-utilized, cost-effective cooling solutions for a wide array of next-generation electronics and battery applications. In many areas, its solutions are superior to its competitors’ conventional solutions. Global Tier-1 companies have shown interest in developing next-generation products with KULR’s technologies. These initial engagements, if proven successful, will pave the way for others to follow - there is real potential to displace and disrupt the thermal management game within numerous next-generation electronics and battery platforms and products.
**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 I'm personally acting as a consultant for KULR and have been compensated in shares for that role. I'm an unlicensed financial professional but 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 complete 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.
The biggest challenge for KULR is the unconventional nature of its aerospace qualified/utilized technologies towards more consumer facing industries. The inherent issue with a potentially disruptive technology is that it must succeed in displacing an established technology and is only considered “disruptive” in hindsight - just because there’s a better way to do something doesn’t necessarily mean it will change the way things are done.
Manufacturers have established or pre-existing standards and manufacturing processes for producing their products. Ultimately, certain manufacturers will have to weigh the gain from incorporating KULR’s thermal management solution(s) against the potential costs involved with having to redesign and reconfigure an established design and manufacturing process. However, for technologies that are emerging such as electric vehicles, this may not be an issue, and is a logical target market for KULR. The Company’s cooling solutions for high-performance aerospace applications are presumably a good fit for an electric vehicle market that demands top-grade battery cooling technologies.
Another potential challenge is production scalability. Issues of production capacity and scalability will have to be addressed ahead of any potential deal between KULR and customer(s). KULR has indicated that an IP licensing model can be implemented where intellectual property rights are licensed out to the manufacturer (i.e. automaker) in exchange for payment for each unit of FTI or TRS produced. IP licensing would resolve scalability issues.
Hello all. I'm a consultant for KULR and the CEO of the Company I've known since my college days at UC Santa Barbara in the early 90's. On that note make sure to read the disclosure statement at the end of this post. Recently the Company was interviewed on CNN: https://twitter.com/i/status/1190275818704003072
What is KULR Technology?
Overheating caused by increasing power demands of electronics and the batteries that power them, can impair system performance, reliability, and reduce lifespan. The KULR Technology team has a longstanding history of producing high-performance, passive cooling solutions (heat sinks and thermal interface materials) for electronics used by the aerospace and defense industries. The Company has been working diligently over the last two years to commercialize its NASA utilized heat sink and thermal interface solutions across multiple consumer facing industries including the automotive (electric vehicles), medical equipment, power tool, shipping and logistics, and consumer electronics.
The Simple Science Behind KULR’s Core Technology
KULR’s cooling solutions are elegantly simple, yet highly effective. The Company’s products take advantage of the exceptional physical properties of carbon. Carbon in diamond form is one of the most thermally conductive materials (~2,000 W/m-K) on earth, being 5X and 8X more thermally conductive than copper and aluminum, respectively. In carbon (graphite) fiber form, overall thermal conductivity can approach the extraordinary levels of diamond, when configured as a dense array of vertically aligned carbon fibers to increase surface area (Source: “Carbon Fiber Overcomes Electronic and Thermal Design Challenges”, Tirias Research). This is KULR’s core technology. Materials with high thermal conductivity are effectively used to passively cool electronics, batteries, and even motors by moving heat away the heat source (i.e. semiconductor chip or lithium-ion battery cell). KULR’s carbon fiber-based cooling technologies outperform traditional materials used for thermal management.
KULR’s technologies also allow for thinner and smaller end-product form factors and are lighter in weight than conventional thermal interface materials (i.e. thermal pads) and heat sinks (i.e. copper and aluminum). Reduced size and weight of a thermal management solution provides electronics manufacturers with greater product design flexibility.
Recent announcements regarding Tier-1 developmental partnerships have been made as the Company has recently moved into later stages of product development with various world-class companies. You may find more information related to this here: https://kulrtechnology.com/news/
The Company's deck is available here: https://kulrtechnology.com/category/presentations/
Currently KULR's trading volume is very low. However, low stock volume isn’t necessarily indicative of a poor investment and can occur for the following reasons: 1) A lack of investor awareness. The company is vastly unknown to the broad investment community. This is especially true in the OTC marketplace where the investment pool is quite small relative to the NASDAQ or NYSE markets. 2) Most immature, development stage companies will fail to commercialize their businesses in a meaningful way so many investors shy away from such high-risk investments 3) A lack of credibility due to the prevalence of “bad actors” in the OTC marketplace. Quite a few OTC companies resort to illegitimate promotional tactics to generate volume and price action. In the last year, the OTC markets has made efforts to clean house, which serves to improve the investment landscape: https://www.prnewswire.com/news-releases/otc-markets-group-launches-new-stock-promotion-flag-300620465.html
One should understand the risks associated with investing in low volume stocks (liquidity risk). Additionally, understanding asset allocation strategies and performing extensive due diligence is always prudent prior to making any investment. Opportunities do exist to invest in development stage companies with good business models that have potential to flourish. Although such cases are uncommon, low volume stocks can also create opportunities to capture multi-baggers while they “remain outside the purview of mainstream traders and investors”. Microsoft (NYSE: MSFT) and Infosys (NYSE: INFY) were once very low volume stocks.
I've already posted a lot of information. More to follow.
Tom
**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 I'm personally acting as a consultant for KULR and have been compensated in shares for that role. I'm an unlicensed financial professional but 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 complete 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.
