According to data released by the Federal Aviation Administration (FAA), since 2017, lithium battery incidents involving smoke, fire, extreme heat, or explosions occur an average of once every eight days on planes or in airports. So it is essential to provide new safety solutions that can prevent future incidents as society continues its rapid adoption of rechargeable batteries .
KULR Technology Group, Inc. (OTCQB:KULR), whose next-gen carbon fiber thermal management products are trusted in space by the likes of NASA, Boeing (NYSE: BA), Lockheed Martin (NYSE: LMT) and more, has been featured on CNN, The Wall Street Journal and ABC in the past discussing its cutting-edge technology.
Both the growth of electric-motor based transportation and demand for increased safety of lithium-ion batteries are key drivers for KULR. Semiconductor and other components that control current flow to the motors of EVs and E-aircraft must manage considerable heat in the process.
KULR has what we believe to be better and lighter materials for thermal management. Electric powered vehicles and aircraft put significant demands on the semiconductor and other components that control current flow to the motors. These demands are not inherent in internal combustion vehicles and aircraft.
With its flag firmly planted in aerospace, KULR last year began turning its attention to commercializing its portfolio of temperature-control solutions for batteries and electronic systems. Amongst other things, KULR designs and manufactures proprietary carbon fiber-based goods like Thermal Runaway Shields, ARA Thermal Capacitors and Phase Change Materials (PCM) heat sinks, lightweight and highly efficient products that protect against both battery combustion and spread should a fire ignite in the first place.
These efforts resulted in the company forging partnerships with a diverse group of international corporations seeking alternatives to conventional battery technologies, a market that is extremely ripe for innovation. Applications abound, including EVs, energy storage, battery safety, 5G infrastructure, cloud computing and defense, to name a few. As is typical, most names remain confidential, but KULR was able to disclose that it is working with supercar maker Drako Motors, as well as a Tier-1 automaker, a large medical device manufacturer and a major power tool manufacturer.
The company recently announced that it has provided thermal management design services to a global Tier-1 manufacturer of aerospace and defense technology to improve thermal subsystems needed for increased performance of hypersonic weapons.
A Congressional Research Services report in December 2020 shows that the Pentagon’s FY2021 budget request for all hypersonic-related research is $3.2 billion, up from $2.6 billion in the prior year’s request. Hypersonic strike systems are valued for their unique war-fighting aspects of range, speed, maneuverability, survivability and lethality, according to Mike E. White, the assistant director of hypersonics, Office of the Undersecretary of Defense for Research and Engineering. These features make the development of – and investment in – improved hypersonic systems a priority for the Department of Defense.
“As the national need for long-range airborne vehicles grows, and commercial demonstrations like Space X continue to show the viability of reusable space and sub-orbital vehicles, active and passive heat management become increasingly critical elements to mission success,” says Dave Harden, founder and CEO of The Outpost and KULR advisory board member. “KULR’s closed loop core cooling technology, along with its problem-solving team, are rapidly establishing themselves as essential building blocks for hypersonics, space vehicles, long range stand-off weapons and long loiter drones.”
KULR’s advanced phase-change heatsink design services will assist the manufacturer in the design of hypersonic weapons with longer range and larger kinetic power than existing systems, which are limited by their inability to disperse heat. The ability to keep inner bay components cool within extremely hot outer skin environments – while maintaining highest safety levels – is essential to mission success and market dominance.