KULR Technology Group Inc (NYSE:KULR) announced that it has received a follow-on order for its space-developed phase change material (PCM) heat sink technology from aerospace and defense giant Lockheed Martin Corporation.
The manufacturer of carbon fiber thermal management technologies for batteries and electronic systems said its PCM heat sink technology is compact, reliable, and lightweight and has been utilized by leaders in the US aerospace and defense industries.
“Repeat business like this is a testament to our reliable engineering, testing, and design capabilities that meet the stringent requirements of long-range weapon systems,” KULR President Keith Cochran said in a statement.
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“Our many years of experience designing lightweight and durable heat sink technologies positions us well to capture additional share of the thermal design market for military precision strike weapons,” Cochran added.
KULR noted the PCM heat sink technology reduces system temperature excursions and extends both the life of key components within the thermal storage process, which the company says is most useful for compact and high-performance devices that require bursts of computational power in short time intervals.
KULR develops carbon fiber thermal management technologies for batteries and electronic systems. It leverages its roots in developing breakthrough cooling solutions for NASA space missions and a strong IP portfolio, to enable aerospace, electronics, energy storage, electric car and 5G infrastructure companies to make their products cooler, lighter and safer for consumers.
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