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Overview
Applied UV, Inc. is a dynamic enterprise specializing in the design, manufacture, assembly, and distribution of automated disinfecting mirror systems and custom decorative solutions. With a sophisticated approach to disinfection technology and smart building solutions, the company delivers products that cater to the highly regulated healthcare market, as well as to the design-centric hospitality sector. The firm integrates advanced engineering with precise manufacturing, ensuring every product meets stringent safety and performance standards.
Business Divisions and Product Offerings
The company operates with a diversified product portfolio that spans two key areas:
- Healthcare Solutions: Applied UV, Inc. develops state-of-the-art automated disinfecting mirror systems used in hospitals and other healthcare facilities. These systems provide continuous disinfection during occupancy as well as deep terminal cleaning when facilities are unoccupied, ensuring a safer environment for patients and medical staff.
- Hospitality and Custom Designs: The company also manufactures decorative framed mirrors, framed arts, and bathroom vanities targeted primarily at the hospitality market. These products emphasize both functionality and aesthetics to enhance the ambience of commercial and hotel environments.
Technology and Innovation
Innovation is at the heart of Applied UV, Inc.'s operations. The company has cultivated a robust intellectual property portfolio that underpins its advanced products. One notable innovation is the integration of multiple disinfection states through a smart control system that harmonizes continuous background cleaning with powerful terminal disinfection. By leveraging various wavelengths and intelligent system controls, the company addresses the unique challenges of maintaining sterile environments in high-stakes settings, such as operating rooms in hospitals. The adoption of such technologies not only improves operational efficiency but also enhances overall environmental safety.
Market Position and Competitive Landscape
Positioned within both the healthcare technology and hospitality design sectors, Applied UV, Inc. differentiates itself through a commitment to engineering excellence and product innovation. The company competes with other technology-driven enterprises by focusing on solutions that are both aesthetically pleasing and functionally superior. Its dual-market approach provides a competitive edge, enabling it to serve a broad range of customer needs—from hospitals requiring rigorous disinfection protocols to hotels seeking high-quality decorative solutions. This balance of safety and style is a hallmark of its market position.
Operational Footprint
Founded in 2012 and headquartered in Mount Vernon, New York, Applied UV, Inc. has expanded its footprint beyond domestic borders to serve international markets. The company’s ability to distribute both its high-tech disinfection systems and its custom designed decorative products has allowed it to build a global presence. This widespread operational capability underscores its adaptability and commitment to meeting diverse market requirements, whether in high-demand healthcare facilities or upscale hospitality venues.
Quality, Compliance, and Industry Expertise
Applied UV, Inc. maintains a strong reputation for quality and compliance, adhering to the strict standards dictated by both healthcare regulators and commercial design benchmarks. The company continuously invests in research and development to stay at the forefront of technological advancements and to refine its product offerings. Its focus on creating intelligent systems and tailored designs demonstrates a deep understanding of the complex interrelations between safety, functionality, and design aesthetics in modern building environments.
Integration of Smart Building Technology
An integral component of Applied UV, Inc.'s business model is its integration of smart building technologies. The company’s disinfection systems are engineered to work seamlessly within a broader smart infrastructure, optimizing energy usage and extending the lifecycle of its products. By merging critical disinfection processes with automated monitoring and control systems, the company offers a comprehensive solution that meets the dual needs of operational efficiency and enhanced safety. This effective blend of technology and design is reflected across its varied product lines, from automated mirror systems in healthcare settings to meticulously crafted decorative elements for the hospitality market.
Conclusion
In summary, Applied UV, Inc. stands as a multifaceted enterprise that bridges the disciplines of advanced disinfection technology and high-quality design. Its integrated approach, leveraging innovative control systems and sophisticated manufacturing techniques, positions it as a noteworthy player in the technology-enabled environments of healthcare and hospitality markets. Through meticulous attention to engineering, quality, and the evolving needs of its diverse customer base, the company continues to set a benchmark for safety, design, and technological integration in its industry.
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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