Yesterday, KULR Technology (OTCQB: KULR) announced a commercial partnership with high-performance EV maker Drako Motors and posted an all-time high in daily trading volume. KULR will supply Drako with it's FTI (carbon fiber thermal interface material) product, which will be used to help regulate and cool the battery. IDTechEx, a global independent market research firm on emerging technologies predicts that a changing application landscape led by a rise in 5G and explosive growth of energy storage in the EV market will be big drivers of change and require high-caliber thermal interface materials. IDTechEx believes that advanced carbons will play a significant role, due to superior thermal conductivity. It's important to note here that carbon is also electrically conductive, which is key for applications like 5G that may require both heat dissipation and EMI shielding capabilities. KULR Technology is both an emerging player and leader in carbon fiber based thermal management solutions having a rich history serving the aerospace industry. Yesterday's press release validates the potential for EV automakers to utilize KULR's thermal management solutions. Aside from opportunities for the Company to commercialize in the E-Mobility space, the Company has stated in its June 2020 Investor Presentation (slide 19) that it's collaborating with Tier-1 companies in the 5G and cloud computing spaces and lists the advantages FTI has over other thermal interface materials. It will be interesting to see how much market share of these emerging technologies is captured. KULR's thermal solutions are the real deal but cracking the mass market commercialization nut will be a challenge. Stay tuned. See IDTechEx summary of research here: https://www.idtechex.com/en/researc...2030-forecasts-technologies-opportunities/705 **Disclosure: This information does not constitute an offer to sell or a solicitation of offers to buy any securities of KULR. I'm a shareholder of KULR and have also been compensated for my role as a consultant for the Company. I'm not a licensed financial professional but 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 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.
