Market Overview

KULR Technology's Thermal Architecture Included in Two Upcoming NASA-JPL Space Missions


KULR's proprietary, light-weight, high-performance carbon fiber heat
sinks will safeguard crucial lasers and scanning components on the 2020
Mars Rover's search for signs of life on Mars as well as a 2018 mission
to measure ice deposits near the lunar south poll.

, a subsidiary of KT High-Tech Marketing Inc. (OTC:KUTG),
announced today that its carbon fiber thermal management solutions, in
particular custom-designed phase change heat sinks, will be used on two
upcoming NASA-JPL missions – the 2018 CubeSat "Lunar
" mission and the 2020 Mars mission as part of the Mars
(Scanning Habitable Environment with Raman & Luminescence for Organics &
Chemicals) equipment.

For both missions, the KULR Technology heat sinks will keep critical and
sensitive components such as lasers and corresponding sensors at a cool
and consistent temperatures throughout their use, avoiding signal
distortion or other complications that can arise from overheating.

The 2018 CubeSat "Lunar Flashlight" mission will use a laser to explore
water ice hidden in shadows and craters on the moon surface. It will be
the first NASA and JPL mission to use the smaller, lighter, less
expensive satellites known as CubeSats to orbit the moon.

"The use of these small CubeSats and exceptionally sensitive laser
instruments to explore places such as lunar craters is a new and
exciting kind of mission," said KULR Technology's CTO, Dr. Timothy
Knowles, who has worked on NASA projects for decades. "And our
technology, our heat sink, will keep the laser – the flashlight – from
getting too hot and complicating or even corrupting the entire mission,"
he said.

During the 2020 Mars Mission, SHERLOC will be mounted on the rover's
robotic arm and use spectrometers, a laser, and a camera to search for
organics and minerals that may be signs of past microbial life.

"The SHERLOC rover mission is literally the search for signs of
extra-terrestrial life," Knowles said. "That's pretty exciting, but it
also means that you have to be sure the equipment is performing as it
should in ideal temperature ranges. Like the Lunar Flashlight mission,
that's what we can do."

The innovative KULR design included in the "Lunar Flashlight" and
"SHERLOC" projects is a unique and highly effective
phase-change system
that incorporates KULR's proprietary, highly
conductive vertical carbon fiber architecture with a material similar to
wax that can change from solid to liquid while absorbing high amounts of
heat energy. The combination of materials designed and assembled by KULR
to exact specifications will draw heat safely away from sensors and
other components needed to efficiently study lunar ice formations or
scan for signs of life on Mars.

"For the Lunar mission, if the Flashlight laser gets above 24 Celsius
the data can degrade -- jeopardizing the entire point of the mission,"
Dr. Knowles said. "So, keeping it below 24 Celsius while the laser is
spewing out heat at more than 100 Celsius is the trick. It's like frying
a hamburger and keeping the outside of the pan cool enough to touch –
it's not easy, but, in this case, very important."

For the Mars mission, a pair of KULR heat sinks are designed to accept
5400 Joules of heat over an hour operating time while keeping the
temperature of the spectrometer detector within design limits. All the
components, including the KULR sinks, will be expected to last at least
one Mars year – about 687 days on Earth.

For the CubeSat Flashlight and Mars Rover, KULR Technology will help
keep mission-sensitive materials cool. But that's not what KULR does
exclusively. For the 2017 NASA NICER mission which explored deep space
neutron stars, for example, KULR
designed a system
to keep the components from freezing during space
exposure. Over years of work Knowles and his team at KULR have designed
more than 100 different heat management configurations for NASA and
other aerospace and commercial customers. According to Dr. Knowles,
"Everything from solutions as big as a briefcase to ones as small as a
quarter. If you need to manage heat energy during space exploration
around sensitive electronics like lasers or optics, we can probably

"The KULR team has been an essential part of many of our projects in the
last two decades," said Mike Pauken, Spacecraft Thermal Systems Engineer
at the Jet Propulsion Lab. "We're happy to be working with them and
incorporating their thermal solutions as part of the SHERLOC Instrument
on the upcoming Mars 2020 Rover Mission."

KULR Technology's core technology is vertically-aligned carbon fiber
material that is lighter, more flexible, and more efficient than
traditional thermal management products. KULR's carbon fiber has
virtually unlimited commercial and industrial applications in areas such
as increasing the longevity of electronic components, maximizing the
efficiency of energy storage, and contributing to the development and
efficiency of electric vehicles and drones.

Among the more promising uses for KULR's carbon fiber is dramatically improving
battery safety
. KULR, in development and testing with a NASA, has
developed a thermal shield that can prevent dangerous lithium-ion
battery fires and explosions due to thermal runaway. In March, KULR
announced an agreement with the National Renewable Energy Laboratory,
funded by the U.S. Department of Energy, to be the exclusive
manufacturing partner
of the Internal Short-Circuit (ISC) device
that can cause predictable lithium-ion cell failures in controlled

The CubeSat "Lunar Flashlight" mission is set for launch in November
2018. The Mars 2020 mission is scheduled to launch in July or August

About KULR

Founded by some of the foremost experts in aerospace thermal management,
KULR Technology is joined by industry veterans in semiconductor and
industrial manufacturing. The company's investors and advisors include
industry leaders from US, Japan, and China in the field of electrical
vehicles, energy storage, communications, and semiconductors. KULR's
proprietary carbon fiber-based solutions are lighter, higher performance
and more compliant than traditional solutions. Some applications of
KULR's carbon fiber material include space exploration, electric
vehicles, cameras and laser displays, robotics, servers and data
systems, power storage and consumer electronics.

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 parent entity's Form
10-K filed on April 17, 2018. Forward-looking statements include
statements regarding our expectations, beliefs, intentions or strategies
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as "anticipate," "believe," "could," "estimate," "expect," "intend,"
"may," "should," and "would" or similar words. We assume no obligation
to update the information included in this press release, whether as a
result of new information, future events or otherwise.

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