In a laboratory test, a team of applied physicists placed the device on a hot plate and watched it through an infrared camera as the temperature rose. Initially, it behaved as expected, giving off more infrared light as the sample was heated: at 60 degrees Celsius it appeared blue-green to the camera; by 70 degrees it was red and yellow. At 74 degrees it turned a deep red—and then something strange happened. The thermal radiation plummeted. At 80 degrees it looked blue, as if it could be 60 degrees, and at 85 it looked even colder. Moreover, the effect was reversible and repeatable, many times over.
Coating aircraft, missiles, etc... I can imagine the possibilities...