Cool Technologies, Inc. Reports Earnings Results for the First Quarter Ended March 31, 2021
May 17, 2021 at 01:20 pm EDT
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Cool Technologies, Inc. announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced operating loss was USD 284,753 compared to USD 211,767 a year ago. Net loss was USD 1.675 million compared to USD 816,424 a year ago.
Cool Technologies, Inc. is engaged in the designing and development of its technologies. The Companyâs core technologies are thermal dispersion and mobile power generation. Thermal dispersion technologies deliver liquid-cooled results for rotating equipment, multi-plate clutches, brakes and rotors without the use of liquid. Mobile power generation is a patent pending in-chassis system that outputs electrical power in amounts equal to or greater than skid-mounted generators or tow-behind generators from a package. The Company offers its products in the consumer, industrial and military markets, both in the United States and worldwide. Its initial target markets include those involved in moving materials and moving people, such as Motors/Generators, Mobile auxiliary power, Water purification and desalination, Electric vehicle charging, Compressors, Turbines (Wind, Micro), Bearings and other.
COOL TECHNOLOGIES, INC. 
