LMT - KULR Enters into an Agreement with Lockheed Martin for Heat Sink Advancements in Precision Missile Electronics | Benzinga
SAN DIEGO, March 26, 2024 (GLOBE NEWSWIRE) -- KULR Technology Group, Inc. (NYSE:KULR) (the "Company" or "KULR"), a global leader in sustainable energy management, today proudly announces receiving a six-figure contract from Lockheed Martin (NYSE:LMT) for developing phase change material ("PCM") heat sinks that are pivotal for the thermal regulation of essential electronics within long-range precision missiles. This achievement follows a series of successful evaluations that showcased the efficiency of KULR's solutions in cooling critical onboard systems. With over two decades of pioneering work in heat dissipation technologies, KULR has become a trusted provider for demanding sectors, including defense, aerospace, and beyond. This latest contract with Lockheed Martin underscores KULR's role as a source of innovative cooling solutions.
KULR's PCM heat sinks stand out for their efficient, lightweight, and durable design, ideal for managing the heat loads of systems requiring intense, short bursts of power. Such capabilities are crucial for maintaining the reliability and performance of sophisticated missile electronics. Lockheed Martin's selection of KULR for this project reflects confidence in the company's ability to meet the high standards required for aerospace and defense applications.
Ted Krupp, KULR's VP of Sales and Marketing, ...