Maybe it does. If it has high reflectance/low emissivity, it could do some job. Hard to judge from visible-spectrum-only photograph, though.
Weird thing is, thermal camo is likely at least somewhere to be restricted tech. While those paints that do the same job and are marketed as an energy saving device, as the objects then reflect energy from the outside (aiding air conditioning) and keep it inside (for heating), are entirely civilian.
I have a FLIR One on the way, should do some tests...