Blog

/Blog
14 Jul, 2017

Letter to Shareholders – 2nd Quarter Recap

The past quarter exceeded our expectations. Here are some highlights: Sales/Revenue Market validation and momentum through sales to Craftsman Industries Pipeline/Business Development US Military, global conglomerates, truck manufacturers, up-fitters and dealerships, disaster relief providers Patents Another international patent secured Another first-of-a-kind patent applied for Read more. The new shareholder letter recapping the 2nd quarter can [...]

27 Jun, 2017

The June MG Update

The MG System now has positive response and active interest from: Global Conglomerates Truck Manufacturers Dealerships Disaster relief providers US Military None of the companies that have seen the technology in action have rejected it. No one has said “no”. Each has different needs and different applications … from mobile back-up power to electric vehicle [...]

25 May, 2017

Cool Technologies MG Work Truck to Appear in Parade Celebrating Un-named Horse Race

Mysterious and interesting ehh? Occasionally we’re not able to publicize the promotional work we do. In that regard, we thought we share a recent press release that never made the wires: Cool Technologies’ mobile power generation (MG) work truck will appear in a parade on May 4th as a support vehicle for one of the [...]

24 Apr, 2017

The 10-Q/A Filed This Morning

In light of the 10-Q/A that was filed today restating the 10-Q for the 3rd Quarter of 2016, a look back at our most recent 10-K is called for. In Management’s Discussion and Analysis under Recent Developments we noted the following: We determined that as of September 30, 2016, we did not have sufficient authorized [...]

9 Mar, 2017

Company Updates – March 2017

Update 1: Patents We recently announced that we are receiving our Radial Vent Heat Pipe patent. This is very different from when we announced our notice of allowance earlier. Why? The PCT patent applications for the US and Mexico were awarded first time out, without exception. Which is rare. Normally there’s a lot of back [...]

3 Mar, 2017

Cool Tech and Craftsmen – Synergy and Immense Potential

Our press release notes: “Cool Technologies signed an agreement with Craftsmen Industries, a market leader in the design, engineering and production of marketing vehicles and industrial mobile solutions.” “This agreement is mutually beneficial, leveraging the robust synergies between the two companies.” First … what do we mean by ‘synergy’ -- when two companies collaborate for [...]

28 Feb, 2017

Why We’re Excited About Our New Radial Vent Patent

On February 24, 2017, we received a US patent for a radial vent heat pipe system as well as a notice of allowance for the global PTC patent for Latin America. Heat pipes have been around for over 100 years. The Radial Vent is an innovative new design that the company will tool and license [...]

27 Jan, 2017

Validation by Demonstration – A report from the North American International Auto Show in Detroit

Cool Technologies premiered its 30 kVA MG system to the media and industry professionals at the North American International Auto Show in Detroit on January 9-12, 2017. Everything the company has promised was demonstrated for four days: every capability, every benefit, every unique element. Viewers and participants were able to [...]

8 Dec, 2016

The November 28th and 29th Demo of the MG

We are pleased to let our shareholders know that we achieved another milestone towards the launch of our MG30-MG80 products on November 28th and 29th. Two potential customers came to Chicago and met with our engineering teams from Cool Technologies and Innova as well as board members, including Chairman and CEO, Tim Hassett, and former [...]

28 Nov, 2016

Patent Update

We received a notice of allowance on November 14th, regarding our international patent application for heat pipe cooled wet rotating disc engagement systems, more commonly known as wet clutches or wet disc brakes. The potential applications are immense because virtually every heavy duty vehicle, virtually every piece of heavy machinery that’s powered by an engine [...]