KULR Technology Group to Demonstrate KULR VIBE at the 2023 Autonomous VTOL Technical Meeting and Electric VTOL Symposium on January 24-26, 2023
January 23 2023 - 08:30AM
GlobeNewswire Inc.
KULR Technology Group, Inc. (NYSE American: KULR)
(the "Company" or "KULR"), a leading energy management platform
company accelerating the global transition to a sustainable
electrification economy, today announced it will demonstrate its
KULR VIBE suite of products and services at
the 2023 Autonomous VTOL Technical Meeting and Electric VTOL
Symposium on January 24-26, 2023 in Mesa, Arizona. KULR is a
sponsor of the event, which is in its 10th year of leading
presentations and interactive discussions in the latest
advancements in electric vertical takeoff and landing (“eVTOL”)
aircrafts, and the challenges that still remain. Invited
presentations from all areas of eVTOL will be discussed, from
researchers and leaders in academia, industry and government
agencies from around the globe, and cover all-electric,
hybrid-electric and hydrogen-electric propulsion systems.
KULR VIBE’s proven software is based on Artificial Intelligence
with “learning” algorithms to reduce the vibration in current and
next-gen technology in hundreds of applications, including
aviation, transportation, renewable energy (wind), manufacturing,
industrial, performance racing and autonomous aerial (drone)
applications.
“Vibrations destroy everything,” said KULR’s President &
COO, Keith Cochran. “Vibration issues never get better on their
own; they destroy rotating components, critical electrical
assemblies, induce wire chafing, cracking and fatigue of metal and
composite structures, and cause loss of equipment and life.
Removing vibrations increases battery efficiency resulting in
longer flight time, increased payload capability and extended life
of all rotating components.”
Customers may contact KULR at contact@kulrtechnology.com to
schedule an onsite software demonstration and to learn how the KULR
VIBE suite of products and services can be customized to address
specific vibration issues.
About KULR Technology Group Inc.KULR Technology
Group Inc. (NYSE American: KULR) is a leading energy management
platform company offering proven solutions that play a critical
role in accelerating the electrification of the circular economy.
Leveraging a foundation in developing, manufacturing, and licensing
next-generation carbon fiber thermal management technologies for
batteries and electronic systems, KULR has evolved its holistic
suite of products and services to enable its customers across
disciplines to operate with efficiency and sustainability in mind.
For more information, please visit www.kulrtechnology.com.
Safe Harbor StatementThis release does not
constitute an offer to sell or a solicitation of offers to buy any
securities of any entity. This release contains certain
forward-looking statements based on our current expectations,
forecasts and assumptions that involve risks and uncertainties.
Forward-looking statements in this release are based on information
available to us as of the date hereof. Our actual results may
differ materially from those stated or implied in such
forward-looking statements, due to risks and uncertainties
associated with our business, which include the risk factors
disclosed in our Form 10-K filed with the Securities and Exchange
Commission on March 28, 2022. Forward-looking statements include
statements regarding our expectations, beliefs, intentions, or
strategies regarding the future and can be identified by
forward-looking words such as “anticipate,” “believe,” “could,”
“estimate,” “expect,” “intend,” “may,” “should,” and “would” or
similar words. All forecasts are provided by management in this
release are based on information available at this time and
management expects that internal projections and expectations may
change over time. In addition, the forecasts are entirely on
management’s best estimate of our future financial performance
given our current contracts, current backlog of opportunities and
conversations with new and existing customers about our products
and services. We assume no obligation to update the information
included in this press release, whether as a result of new
information, future events or otherwise.
Investor Relations: Tom Colton or John Yi
Gateway GroupMain: (949) 574-3860 KULR@gatewayir.comPublic
Relations:Robert Collins / Zach Kadletz / Anna Rutter
Gateway GroupMain: (949) 574-3860 KULR@gatewayir.com
Brokers and Analysts:Chesapeake Group Main: (410)
825-3930 info@chesapeakegp.com
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