Kulr Technology Group, Inc. · AMEX:KULR
Kulr Technology — Investor Presentation (April 2023)
24 slides from Kulr Technology's investor presentation, Apr 28, 2023
Slide 1: KULR Technology Group, Inc. Investor Presentation
KULR Technology Group, Inc. Investor Presentation Michael Mo DATE: April-2023
Slide 2: Agenda
AGENDA 1. Corporate Overview 2. Market Opportunities 3. Technology Solutions 4. Financial Updates 5. Summary
Slide 3: Forward Looking Statements
CORPORATE OVERVIEW: Forward Looking Statements 3 Safe Harbor This presentation and other written or oral statements made from time to time by representatives of KULR Technology Group, Inc. and/or its wholly owned subsidiary KULR Technology Corporation contain “forward-looking statements” within the
Slide 4: Developing an Energy Management Platform for Sustainable Electrification
Developing an Energy Management Platform to Accelerate the Global Transition to Sustainable Electrification Economy 4
Slide 5: KULR Leadership Team
Michael Mo Founder & CEO Keith Cochran President & COO William Walker CTO Ted Krupp VP of Sales & Marketing Tony Martinez VP of Operations Shawn Canter CFO 5 CORPORATE OVERVIEW: KULR Leadership Team
Slide 6: NASA Trusts KULR with Mission Critical Applications
6 ▪ 7 astronauts live aboard ISS ▪ Cost of space station $150 billion ▪ $3.1 billion NASA spends/year on-going ▪ 254 miles away from Earth ▪ 10 years to build ▪ 30 missions to assemble ▪ Collaboration of 5 space agencies and 15 countries ▪ We offer our commercial customers the same technology that w
Slide 7: Lithium-Ion Battery Value Chain to Reach $400B by 2030
7 $400B global value chain KULR operates in $200+B portion of market (cell/pack/reuse and recycle) Implications for: ▪ Human health/safety ▪ Economic growth ▪ National Security ▪ Geo-politics ▪ Environmental sustainability Market Opportunities: Lithium-Ion Battery Value Chain to Reach $400B by 2030
Slide 8: Thermal Runaway Propagation is a Fundamental Safety Threat
8 Market Opportunities: Lithium-Ion Battery Thermal Runaway Propagation is a Fundamental Safety Threat to the Whole Industry NASA JPL Battery Accident Video CNBC F-150 Lightening Video
Slide 9: Risks Grow as Use of Lithium-Ion Batteries Increases
9 Lithium battery fire incidents involving e-bikes, e-scooters, hoverboards, smartphones, and electric vehicles are a serious public safety concern creating a surge in demand for improved battery safety technologies and thermal management solutions. Since 2017, lithium battery incidents involving sm
Slide 10: KULR Solutions Platform Overview
KULR Solutions Platform Overview Internal Short Circuit (ISC) Thermal Runaway Shield (TRS) SafeX Fiber Thermal Interface (FTI) Thermal Capacitor Screened Cells KULR VIBE ▪ Trigger Cells ▪ Consistent & Reliable ▪ Thermal Runaway prevention ▪ Safe & reliable Li-ion storage & transportation ▪ High ther
Slide 11: KULR Addressable Markets
11 Aerospace & Defense E-Mobility Industrial & Consumer Recycling Thermal Management Systems Market Thermal management systems market alone estimated at $24 billion in 2025 (Converged Markets) Vibrations Market Global vibration motor market ~$7 billion in 2022 going to $24 billion in 2032 – 14% CAGR
Slide 12: Energy Storage Market is Large and Growing Fast
12 Energy Storage Systems ▪ 2022 - ~$230 billion ▪ 2030 - ~$435 billion ▪ 8% CAGR Market Opportunities: Energy Storage Market is Large and Growing Fast
Slide 13: Space Proven Lithium-Ion Battery Design and Testing Methodology
KULR ONE Platform 1. Safety 2. Reliability 3. Performance 4. Intelligence 5. Modularity 6. Customization Developing safe and reliable lithium-ion energy storage for our customers 13 Technology & Solutions: Space Proven Lithium-Ion Battery Design and Testing Methodology
Slide 14: KULR ONE Design Solutions
KULR ONE Design Solutions Cell Supply Cell Level Testing Multiphysics Modeling Battery Design Pack Level Testing System Level Testing Real Time Monitoring Transport & Recycling Holistic Approach to Battery Design & Safety 14 1. Credible 2. Agile 3. Prepared 4. Responsive Technology & Solutions: Spac
Slide 15: SafeCase Technology Developed for ISS and Deployed for Battery Recycling
SafeX Battery Storage Solution Product Description ▪ Patented DOT permitted Passive Propagation Resistant (PPR) storage & transportation system for lithium-ion batteries. ▪ Used by NASA in crewed space vehicles since 2019 Value Proposition ▪ Mitigates thermal runaway with KULR’s patented Thermal Run
Slide 16: SafeCase Demo
16 Technology Solutions: SafeCase Demo SafeCASE 2.5 kWh Li-ion Battery Contents, 100% SOC
Slide 17: SafeSLEEVE Demo
17 Technology Solutions: SafeSLEEVE Demo Initial TR Onset of Cell-to-Cell Propagation Battery Cells SafeSLEEVE 300 Wh Li-ion Battery Contents, 100% SOC
Slide 18: KULR's Competitive Advantages
Sales and Marketing : KULR’s Competitive Advantages 18 Expertise & Technical Credibility • World class Battery Design & Test Experts • Patents, IP and Trade Secrets • Strong Network of Collaborators Regulatory • DoT Special Permits • FAA, UN, UL, CSA Engagements • Industry Trade Groups and Associati
Slide 19: KULR's Customers and Strategic Partners
Sales and Marketing : KULR’s Customers and Strategic Partners 19 Aerospace & Government Industrial & Consumer Strategic Partners A multi-pronged revenue model approach to best suit our customers' needs Products & Services Design Services Product Sales Subscription Services IP Licensing KULR ONE ✓ ✓
Slide 20: Business Model from Design to Production Cycle
Analysis & Design Services Prototyping & Testing Services Certifications Customer Deployment = Product Sales Sales and Marketing : Business Model from Design to Production Cycle 20
Slide 21: 2022 Investments in R&D and Infrastructure Builds Foundation for Growth
Financial Updates: 2022 Investments in R&D and Infrastructure Builds Foundation for Growth Acceleration in 2023 21 ▪ Revenue: $1.8M. 137% YoY Growth ▪ Gross Margin: 92% vs. 70% (Q4’21) ▪ Cash Balance: $10.4M ▪ R&D Expenses: $1.2M vs. $704K (Q4’21) ▪ Equipment & Deposit: $6.7M vs. $2.5M (Q4’21) ▪ Inv
Slide 22: KULR Corporate Overview
Financial Updates: KULR Corporate Overview 22 Institutional Shareholders Public Listing Market NYSE American Exchange Symbol KULR Market Capitalization $81M Stock Price (as of 4/24/23) $0.70 Total Shares (as of 4/24/23) 116.75 M Insider Holdings 34.3% Total Floating Shares 72.4 M Index Inclusion
Slide 23: KULR Investment Highlights
Summary: KULR Investment Highlights 23 ▪ Industry leading provider of total solution to battery safety and thermal management ▪ Active ESG initiative propelled by industry and regulatory tailwinds of growing demand for recycling and clean energy, resulting in an expanding total addressable market ▪
Slide 24: KULR
KULR www.kulrtechnology.com 24
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