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About Applied UV, Inc.
Applied UV, Inc. is a technology-driven company specializing in innovative solutions for disinfection and decorative design. Headquartered in Mount Vernon, New York, the company operates across the healthcare, hospitality, commercial, and municipal markets, providing a diverse portfolio of products and services that address critical needs in these industries. Founded in 2012, Applied UV has established itself as a key player in smart building technologies, with a strong emphasis on creating healthier and smarter environments.
Core Business Areas
Healthcare Disinfection Systems: Applied UV, through its SteriLumen subsidiary, designs, manufactures, and distributes advanced automated disinfection systems. These systems are tailored for use in healthcare settings, such as hospitals and operating rooms, where maintaining a sterile environment is paramount. The company’s innovative solutions, including the newly patented PURONet Control System, integrate continuous and terminal disinfection technologies to optimize environmental cleanliness and enhance patient and staff safety.
Hospitality and Decorative Products: Beyond healthcare, Applied UV also serves the hospitality market by manufacturing and supplying custom-designed decorative framed mirrors, framed art, and bathroom vanities. These products are primarily targeted at hotels and other hospitality businesses, showcasing the company’s ability to blend functionality with aesthetic appeal.
Innovation and Intellectual Property
Applied UV’s commitment to innovation is evident through its robust intellectual property portfolio. The company leverages cutting-edge technologies, such as multi-wavelength UV disinfection systems, to address complex challenges in healthcare and other industries. Its patented solutions, like the PURONet Control System, demonstrate a strategic focus on integrating advanced technologies for energy-efficient, cost-effective, and highly effective disinfection.
Market Position and Competitive Landscape
Operating both in the United States and internationally, Applied UV is positioned at the intersection of healthcare innovation and smart building technology. The company differentiates itself through its dual approach, combining advanced disinfection systems with high-quality decorative products. This diversification not only mitigates market risks but also enhances its appeal across multiple industries. Applied UV faces competition from other disinfection technology providers but stands out due to its focus on patented, integrated solutions that meet the rigorous demands of modern healthcare environments.
Commitment to Sustainability and Efficiency
Applied UV emphasizes energy efficiency and sustainability in its product designs. For example, its disinfection systems are engineered to optimize energy use while extending the lifecycle of fixtures. This approach aligns with the growing demand for environmentally friendly solutions in healthcare and commercial settings.
Conclusion
Applied UV, Inc. exemplifies innovation and adaptability in addressing the diverse needs of healthcare, hospitality, and commercial markets. By combining advanced disinfection technologies with aesthetically pleasing decorative products, the company not only meets industry-specific challenges but also sets new standards for safety, efficiency, and design. Its strategic focus on intellectual property and sustainability further solidifies its position as a forward-thinking leader in its field.
Applied UV (AUVI) declared a cash dividend of $0.21875 per share for its 10.5% Series A Cumulative Perpetual Preferred Stock (AUVIP). The dividend will be paid on May 15, 2023, to shareholders of record by May 4, 2023. This announcement follows the company's ongoing commitments to enhance indoor air quality and offers a range of patented pathogen elimination technologies alongside their LED lighting and luxury furnishings. Applied UV serves various sectors globally, including healthcare and hospitality, ensuring a strong market presence with numerous strategic partnerships. The company emphasizes its ongoing efforts to improve shareholder returns.
Applied UV, Inc. (NASDAQ: AUVI) has authorized a cash dividend of
Applied UV, Inc. (NASDAQ: AUVI) has announced a cash dividend of
Applied UV, Inc. (NASDAQ: AUVI) announced a cash dividend of $0.21875 per share for holders of its 10.5% Series A Cumulative Perpetual Preferred Stock (NASDAQ: AUVIP). This dividend is set for payment on or about February 15, 2023, to shareholders on record as of February 3, 2023. The company specializes in pathogen elimination technology, utilizing narrow-range UVC light for effective surface area and air purification. Its subsidiaries, including SteriLumen, offer advanced products to combat infections across various sectors, including healthcare and commercial environments.
FAQ
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