My name is William Walker. I'm Chief Technology Officer here at KULR Technology Group, Incorporated. Today, I'll be going over our technology domain overview. At KULR, we specialize in three key technology domains. The first is space-proven thermal management solutions. The second is safe, high-performance batteries. And the third is rotary system vibration reduction. Over the course of the next few minutes, I'll be going into the product services and solutions that we provide in each of these three areas. I'll be beginning with safe, high-performance batteries. There's no one-size-fits-all approach to lithium-ion batteries. It takes a holistic approach, a holistic methodology. At KULR, we've onboarded a suite of IP and a large portfolio that provides us with products, safety testing, analysis, electrical, and data subscription services that we can provide to our customer base. Within products, we offer cell supply, rad-tolerant BMS, trigger cells, our TRS, ablative shielding and covers, fiber core flame arresters. For testing, we provide a multitude of ways to understand thermal runaway, whether it be FTRC or our in-house invented IZM. We also have bomb calorimetry, gas analysis capability, and cell and pack level abuse testing. We have a number of software platforms available to our engineers to perform analysis services, and we can also do work instruction 37A screening to NASA standard and cell cycling to understand the age and performance of cells over repeated cycles. We can also bundle data together to provide the KULR ONE Plus platform, which is a data subscription service to large data focused on abuse test results. All of this can be funneled together to support battery design. For KULR, this means many things, and we'll be going over that later. Over the course of the next few slides, I'll give you some details on each of these areas. For products, I'll begin with cell supply. With supply chain conditions, it can be difficult to gain direct access to an OEM to gain access to high-reliability, high-performance cells. KULR provides access to Moli cells directly from the OEM for the M35A energy cell, the P42A power cell, and the P45B power cell. This provides a reliable North American-based supply chain of high-capacity, high-energy cells with fast charge and discharge capability and long life cycles. We also provide radiation-tolerant BMS that we use on our very own KULR ONE Space platform. Operating batteries in a space environment can be difficult due to the radiation environment, which can cause issues with electronics. This often mandates that a BMS constructed with rad-tolerant components is required. That can be difficult due to access to components and design that meet these requirements. We provide this with the TIDA-010931 BMS. It'll be a ready-to-apply design with flight-proven hardware as of later this year and qual-tested to relevant thermal and vibration profiles. The key features are shown below. KULR also provides trigger cells or ISCD cells. It is difficult to do thermal runaway testing at the pack level without biasing neighbor cells to go into propagation in a way that they wouldn't have already seen in a field failure. To simulate a field failure, KULR is the exclusive license holder of the NASA and NREL invented internal short-circuiting device or ISCD. The ISCD can be implanted into a cell during the winding or assembly process and will allow the cell to trigger into thermal runaway at lower temperatures by relying on a wax phase change material inside. That wax will melt at either 55 degrees Celsius or soon with our high-temp ISCD 90 degrees Celsius to allow copper puck within to trigger the cell into thermal runaway. The available trigger cell configurations, which include commercial cell builds, are shown on the right table on the right-hand side. Also, in the product area for batteries, KULR offers our patented thermal runaway shield, which is an encapsulated coolant that allows us to use the latent heat of vaporization of that coolant to mitigate thermal runaway heating in such a way that we can prevent cell-cell propagation in a low-mass manner. Moving on to abuse testing services or safety testing services, at KULR, we hold the license to NASA's small-format fractional thermal runaway calorimeter, which recently won NASA's Invention of the Year award, and we also have an exclusive licensing agreement for the large-format fractional thermal runaway calorimeter. The FTRC technique allows us to measure the total and fractional energy yields of thermal runaway of a lithium-ion cell. This provides us with insight into the breakdown of the energy as it pertains to the heat that is conducted through the cell casing versus that which is ejected away when the thermal runaway event occurs. This provides us with critical information that's needed for modeling activities that we use to optimize the design of safer batteries. It is a rapid turnaround test. This allows us to collect large data sets fairly quickly. And it's a design that's suitable for characterizing thermal runaway variability. No two thermal runaway events are the same. Some of the key features are listed below. One of the things that KULR is proud of is that we modified the large-format calorimeter, again, which we have an exclusive license for, to create the mid-size fractional thermal runaway calorimeter for cells that are less than 100 amp hours. What this means is KULR is the only entity that can provide FTRC services for literally any lithium-ion cell. One of the challenges of designing a safe battery pack is coming up with a housing that can withstand that immediate blast of thermal runaway of the ejecta exiting the cell at high velocity. KULR has developed an impingement zone mapping technique or IZM technique that allows us to use a 360 array of cameras combined with a backplane that is instrumented with a variety of sensors to characterize that split-second event. Specifically here, we're focused on the ejecta behavior, the shape of that behavior, and the intensity of that behavior. KULR also offers extended volume bomb calorimetry services for characterizing material decomposition thresholds in lithium-ion cells. This is an industry-standard heat weight loss technique that we can use to analyze separator breakdown temperature, anode SEI decomposition acceleration, and thermal runaway onset temperature. We can also determine the total volume of released gases, and we can approximate the total energy release of the cell due to thermal runaway. There's also a benefit of using this testing technique in that it's been widely used in academic literature, which provides a variety of data points to compare to. Again, this is an industry-standard heat weight loss methodology. At KULR, we also provide cell and pack level abuse testing. Our engineers specialize in test article design, buildup, and test execution of thermal runaway events in a safe manner. I'll play the video of one of our test articles you see here. For KULR, our batteries, we desire just to see smoke exiting the system. No flame, no effluence, no combustion, just smoke. So this is just an example of one of our pack-level tests that we do in-house at KULR. We have a variety of instrumentation techniques, 100-plus thermocouple channels, high-speed cameras, infrared cameras, and we can do pretty much any triggering method available, as well as our very own ISCD devices. Moving on, it's important not just to have access to products and be able to do safety testing, but it's also important to be able to do analysis of the system. At KULR, we use GT-SUITE for multiphysics needs, and we use Thermal Desktop for space radiation analysis needs. This is just an example of us doing analysis in GT-SUITE of a battery pack constructed with 18650 cells and no thermal management, and in this case, no TRS, resulting in cell-to-cell propagation, and then another simulation taking that identical battery pack, inserting our TRS in between the cells, and then simulating what would happen had we triggered that same cell into thermal runaway. Here we were able to determine with minor design adjustments and with no buildup, low-cost design that would be PPR. Earlier, I mentioned JSC Work Instruction 37A. This is a quality cell screening technique that is used for manned spaceflight by NASA. Using this technique, we check for cell mass and dimensional consistencies, visual defects, and also we examine electrical behavior such as DCIR measurements and others. And then the cells are matched. Reject cells are sorted away, and then the remaining cells are matched and prepared for assembly into flight batteries. I'll play this video that shows the full automation of Work Instruction 37A. Historically, this has been a relatively time-consuming practice, but at KULR, we've automated it in a way that allows screening of 500,000 cells a year at our headquarters in San Diego. Naturally, with all of these techniques, we gather quite a bit of data, data that's valuable to our customer base. However, what we've realized over the past few years as we've acquired this IP and as we've worked with our private label customers is that access to statistically significant quantities of cell-level thermal runaway data can be difficult, and that's a problem given that that data can greatly enhance and expedite the process of designing safe lithium-ion batteries. What KULR has realized is that the cost of testing is often a significant barrier for some battery design firms to get enough data upfront to develop a safe system. At KULR, we aim to provide a solution because we believe at our core that safe batteries should be everywhere, so our new solution is to provide a new business model for cell-level characterization testing services. Now, don't worry, we'll still offer private label testing for customers who need that. But here, we're also going to introduce K1 Plus, a subscription-based model for access to cell-level thermal runaway characterization data. So for a nominal annual fee, subscription holders will gain access over time to thousands of FTRC data sets, DPA photographs, raw data, and more. KULR will provide this data for key cell types identified as the most used based on market research. The first element of K1 Plus that we'll launch will be K1 Plus FTRC with initial data sets available in Q2 of 2024. A few of the cells that will become available throughout the course of the first subscription year are listed below. At KULR, we take this entire portfolio of technology and capabilities, all of our IP and products, and we use that to design batteries, whether that be custom batteries built to spec, our own in-house private label batteries, or the continued development of our various KULR ONE architectures, which you see outlined on the screen here. At KULR, we believe that it takes a holistic approach to develop batteries, and so we use this as the finishing point. All of the technology discussed over the past 10 minutes is used to create the safest, highest-performance batteries on the planet. Now, when you're dealing with batteries, it's not sufficient to just design a functional system. From a sustainability standpoint, you have to provide a solution for end of life, for transportation, for storage. At KULR, that comes with our SafeX product line, particularly our SafeCASE and SafeSLEEVE, which is the first program that covered all lithium-ion batteries up to 2.5 kWh nationwide. This product offers superior storage and shipping solutions, and it was tested with lots of different battery packs ranging from 18650 pouch cells, 21700 cells to ensure full superior safety. Our testing campaigns have considered single cells, e-bike batteries, power tool batteries, and large-format industrial batteries. We even have some experience with our sleeve that we can talk about later using large-format prismatic cells inside of the sleeve. We use various materials within it, including our patented TRS technology combined with fire retardant layers and ablative shielding. We have DOT permits that allow for transportation of this product within the U.S. This product line offers swift removal and recycling to ensure brand risk management and safety regardless of your battery condition. The video that's playing on the right-hand side is a SafeCASE with a 2.5 kWh payload. The video is sped up. However, there were approximately 100 cells that propagated, 21700 in format, and the burn duration was approximately one hour. Towards the end of the event, there were multiple cells going off simultaneously, and the case remained intact and safely contained the event. Zero flames escaped by the end of the test. This is what KULR is looking for with each and every battery that we place inside of our system. Moving on from batteries, we'll move into the second technology domain, which is space-proven thermal management solutions. At KULR, we provide PCM heat sinks, cathodes, and fiber thermal interfaces. These really started with the predecessor company, ESLI, that was acquired by KULR in our early history. Particularly, the heat sinks have an extensive spaceflight history, starting in 1998 with the Space Shuttle, the X-38 in 1999, the Mercury MESSENGER in 2002, the ISS in 2017, which, by the way, the ISS also has SafeSLEEVE on board for storage of laptop batteries. Mars Rover Perseverance, which is currently on Mars and in operation, also has one of our heat sinks, and then we're also developing hardware to support the Artemis programs. This is just to show the high level of rigor and complexity that we're able to address with our systems. The third and final technology domain that we offer product for is the rotary system vibration reduction area. We can support this with KULR VIBE software platform. Our unique software-driven precision balancing and vibration reduction solution is for rotating systems or helicopters. It can be used as a standalone software that's accessible via the cloud using a tablet, smartphone, or laptop, or you can leverage our call-in service where we can provide precise balancing solutions, or we can provide on-site vibration reduction consulting and engineering support. We can take data inputs from the cloud, hardwired inputs, plug-in inputs, or manual readings of sensors from onboard or carry-on equipment, or we can take them from over the phone. From an efficiency standpoint, there are 69% less run-ups, 50% adjustments, 50% less run-ups, increased aircraft availability, reduced maintenance costs, improved maintenance efficiency, reduced application downtime, and improved safety and application longevity. A picture of a helicopter that we could balance is to the right, as well as the most recent iteration of the GUI that a user will interact with when balancing that aircraft. Just as a quick overview, it's important to recap that KULR provides a variety of products and services that support our key technology domains. On the battery side, all of our products packaged together are referred to as our KULR ONE design solutions. These are outlined on the bottom half of the slide. I want to thank you for your time today and for listening as we discuss our three technology domains.