KULR Technology Group, Inc 8-K, filed Mar 10, 2022
KULR Technology Group, Inc. (KULR)
About this 8-K
KULR Technology Group, Inc filed this 8-K on March 10, 2022.
Items reported
- Item 7.01: Regulation FD disclosure
- Item 9.01: Financial statements and exhibits
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
Form
CURRENT REPORT
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| Item 7.01 | Regulation FD Disclosure |
On March 10, 2022, KULR Technology Group, Inc. (the “Company”) issued a press release announcing it has appointed Dr. William Walker as its new Director of Engineering.
A copy of the above-mentioned press release is attached herewith as Exhibit 99.1.
By filing this Current Report on Form 8-K and furnishing the information contained herein, the Company makes no admission as to the materiality of any information in this report that is required to be disclosed solely by reason of Regulation FD. The Company uses, and will continue to use, its website, press releases, and various social media channels, including its Twitter account (twitter.com/kulrtech), its LinkedIn account (linkedin.com/company/kulr-technology-corporation), its Facebook account (facebook.com/KULRTechnology), its TikTok account (tiktok.com/Kulr_tech), its Instagram account (instagram.com/Kulr_tech), and its YouTube account (youtube.com/channel/UC3wZBPINQd51N6p35Mo5uQg), as additional means of disclosing public information to investors, the media and others interested in the Company. It is possible that certain information that the Company posts on its website, disseminated in press releases and on social media could be deemed to be material information, and the Company encourages investors, the media and others interested in the Company to review the business and financial information that the Company posts on its website, disseminates in press releass and on the social media channels identified above, as such information could be deemed to be material information.
The information in this Item 7.01 disclosure, including Exhibit 99.1, is being furnished and shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities under that Section. In addition, the information in this Item 7.01 disclosure, including Exhibits 99.1, shall not be incorporated by reference into the filings of the Company under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such filing.
| Item 9.01 | Exhibits |
Exhibit No. |
Description | |
| 99.1 | Press Release dated March 10, 2022 | |
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document) |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on behalf of the undersigned hereunto duly authorized.
| KULR TECHNOLOGY GROUP, INC. | ||
| Date: March 10, 2022 | By: | /s/ Michael Mo |
| Michael Mo | ||
| President & Chief Executive Officer | ||
Exhibit 99.1
KULR Technology Group Appoints Dr. William Walker as Director of Engineering
Former NASA Battery Thermal Engineer to Expand Thermal Management Capabilities in Company’s High-Performance Computing and Hypersonic Vehicle Initiatives
SAN DIEGO / GLOBENEWSWIRE / March 10, 2022 / KULR Technology Group, Inc. (NYSE American: KULR) (the "Company" or "KULR"), a leading developer of next-generation lithium-ion battery safety and thermal management technologies, has appointed Dr. William Walker as its new Director of Engineering. In his new role, Dr. Walker will work with the Company's engineering team on its next generation high-performance computing (“HPC”) and hypersonic vehicle thermal management initiatives.
Prior to KULR, Dr. Walker was employed by NASA Johnson Space Center where his career primarily focused on the design and optimization of safe lithium-ion (Li-ion) battery assemblies for human spaceflight applications. More specifically, he focused on the thermal management of Li-ion battery assemblies, battery safety in general, and the development of new calorimetric techniques for thermal runaway characterization. Dr. Walker is also a co-inventor of NASA’s recently patented Fractional Thermal Runaway Calorimetry techniques which provide the capability to discern the fraction of thermal runaway energy ejected away from the Li-ion cell versus that which remains with the cell.
Dr. William Q. Walker received his B.S. in Mechanical Engineering from West Texas A&M University and Ph.D. in Materials Science and Engineering from the University of Houston.
"Dr. Walker brings significant Li-ion battery and thermal management expertise to our team and is a great fit to lead KULR’s test engineering division into its next phase of growth," said Michael Carpenter, VP of Engineering at KULR Technology Group. "With his vast experience at NASA Johnson Space Center developing the Fractional Thermal Runaway Calorimeter ("FTRC"), William will help us better understand the behavior of lithium-ion batteries so we can improve cell design in verticals such as high-performance computing and hypersonic vehicles. He will spearhead the continued development of KULR's battery safety platform and suite of battery testing services -- particularly the FTRC."
Dr. Walker added: “KULR’s industry leading expertise in high-performance thermal management solutions and understanding of battery safety are two organizational and fundamental characteristics that quickly drew my attention. The development potential of the KULR technology portfolio is exciting and the potential impact across the industry is huge. The Company has delivered excellent results across their solutions and product lines while scaling safe battery system development in a sustainable way. I look forward to a mutually supportive partnership with VP of Engineering Michael Carpenter and his team.”
About KULR Technology Group Inc.
KULR Technology Group Inc. (NYSE American: KULR) develops, manufactures and licenses next-generation carbon fiber thermal management technologies for batteries and electronic systems. Leveraging the company's roots in developing breakthrough cooling solutions for NASA space missions and backed by a strong intellectual property portfolio, KULR enables leading aerospace, electronics, energy storage, 5G infrastructure, and electric vehicle manufacturers to make their products cooler, lighter and safer for the consumer. For more information, please visit www.KULRTechnology.com.
Safe Harbor Statement
This 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 19, 2021. 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.
Media Relations:
Annika Harper
The Antenna Group
KULR@antennagroup.com
Investor Relations:
Tom Colton or John Yi
Gateway Investor Relations
Main: (949) 574-3860
KULR@gatewayir.com