Welcome to our dedicated page for KRONOS ADVANCED TECHS news (Ticker: KNOS), a resource for investors and traders seeking the latest updates and insights on KRONOS ADVANCED TECHS stock.
KRONOS ADVANCED TECHS INC (KNOS) is a cutting-edge company revolutionizing air purification solutions. Founded in 2002 and funded by the U.S. military, Kronos focuses on developing and marketing proprietary air movement and purification technology. Kronos's patented technology uses high-voltage processes to move, filter, sterilize, and purify air without traditional HEPA filters, reducing energy consumption significantly. The company's products cater to various sectors, including indoor air quality, automotive, and healthcare. Kronos has recently made headlines by accepting Shiba Inu cryptocurrency for its state-of-the-art air purifiers, making it the first public company to do so. With a focus on customer satisfaction, innovation, and embracing new technologies, Kronos Advanced Techs Inc continues to lead the way in providing safe and healthy air environments.
Kronos Advanced Technologies (OTC: KNOS) has successfully distributed its first special cash dividend on December 18, 2024, with shareholders beginning to see payments in their accounts from December 19, 2024. CEO Greg Rubin emphasized that this dividend payment demonstrates the company's confidence in its growth trajectory and commitment to shareholder value. The company reminded shareholders that dividend payments may be subject to taxation, recommending consultation with tax advisors regarding specific implications based on account types and individual circumstances.
Kronos Advanced Technologies (OTC: KNOS) announces Cyber Monday sales event with discounts up to 50% on air purification products, running from December 2-24, 2024. The company is offering significant discounts on its FDA-cleared air purifiers, including up to 20% off advanced models like Air 5G and X5, 25% off accessories, and 30% off graphene face masks. Notable deals include the Model 5 (now $549, down from $650) for rooms up to 1400sq. ft. and Model 8 (now $999, down from $1,199) for spaces up to 3000 sq. ft. Free shipping is available on orders over $100.
Kronos Advanced Technologies (OTC: KNOS) announces the formation of Atomiq, Inc., a new subsidiary focused on nuclear battery technology development. Following a provisional patent filing on 09/26/2024, Atomiq will target aerospace, defense, and medical sectors with long-lasting, maintenance-free power solutions. The global nuclear battery market is projected to grow at a CAGR of 10.5% from 2022 to 2030, with market size expected to reach $87.2 billion by 2026. The technology includes Radioisotope Thermoelectric Generators (RTGs) and betavoltaic batteries, offering operational lifespans of 10-50 years.
Kronos Advanced Technologies (OTC: KNOS) has announced the formation of Atomiq, Inc., a new subsidiary focused on nuclear battery technology development. The company has filed a provisional patent for atomic battery technology, which will be licensed to Atomiq. The subsidiary aims to provide long-lasting power solutions for aerospace, defense, and medical sectors.
The global nuclear battery market is projected to grow at a CAGR of 10.5% from 2022 to 2030, with market size expected to reach $87.2 billion by 2026. The technology focuses on Radioisotope Thermoelectric Generators (RTGs) and betavoltaic cells, offering power solutions lasting 10-50 years without maintenance.
Kronos Advanced Technologies Inc. (OTC: KNOS) and Yasheng Group (OTC: HERB) have filed a provisional patent for a revolutionary small nuclear-powered battery. This milestone marks significant progress in their collaboration to develop a battery that could provide reliable power in milliwatts for up to 50 years without recharging. The technology aims to address critical energy needs in industries such as remote sensing, space exploration, medical devices, and military applications.
The global market for small nuclear-powered batteries is projected to grow at a CAGR of 8.7% between 2024 and 2032. The collaboration's patent filing strategy includes Yasheng Group handling the filing in China, while Kronos leads efforts in the United States. Both companies will share royalties, with each receiving 10% from the other's operations in their respective countries.
The nuclear battery utilizes beta decay of radioactive isotopes like Nickel-63, converting it into electrical energy using semiconductor technology. It features advanced energy conversion, safety encapsulation, and is designed for long-term, maintenance-free energy needs in various applications.
Kronos Advanced Technologies, Inc. (OTC: KNOS), a leader in advanced air purification technology, has announced the ex-dividend date for its upcoming special cash dividend. FINRA has officially set the ex-dividend date for midnight (12:00 AM) on September 18, 2024. The cash dividend of $0.00001 per share will be paid to shareholders of record as of the close of business on December 18, 2024. Shareholders who own KNOS shares up to the close of business prior to the ex-dividend date will be eligible to receive the dividend. This move underscores Kronos' commitment to delivering value to its shareholders while continuing to innovate in clean air technology.
Kronos Advanced Technologies (OTC: KNOS), a leader in air purification and innovative tech solutions, has declared a special cash dividend of $0.00001 per share for its shareholders. The dividend is payable on December 18, 2024, to shareholders of record as of September 18, 2024. CEO Greg Rubin emphasized this as a step towards delivering value to investors, aligning with the company's growth strategy.
This announcement follows Kronos' recent Letter of Intent (LOI) to acquire Suarez Industries, Inc., a move that aims to boost growth without diluting existing shareholders. The company reaffirms its commitment to transparency and consistent value creation for its stakeholders.
Kronos Advanced Technologies Inc. (OTC: KNOS) has announced a non-binding Letter of Intent to acquire Suarez Industries and its affiliated companies for a potential total consideration of $25 million. This strategic acquisition aims to revitalize Suarez Industries, a well-established direct marketing company, by combining strengths with Kronos, a leader in advanced air purification and innovative technology solutions. The move is expected to drive substantial growth for both entities in the coming years, marking a pivotal moment in their respective trajectories. The acquisition aligns with Kronos' strategy to expand its market presence and leverage Suarez's expertise in data-marketing and direct-to-consumer marketing.
Kronos Advanced Technologies (OTC: KNOS) has announced that DogeSPAC units are now eligible for removal of restricted legend from their certificates. This development comes after the required holding period has elapsed, allowing for potential increased liquidity for shareholders. DogeSPAC , spun off from Kronos in 2021, distributed units to Kronos shareholders at a 1:1 ratio based on shares held as of June 15, 2021. Kronos retains a 20% ownership in DogeSPAC
The company is considering merging DogeSPAC with an existing public company or converting the interests into crypto interests for trading on a decentralized exchange. The blockchain platform for this potential conversion is yet to be decided. Additionally, Kronos has resumed accepting Dogecoin as payment for its products.
Kronos Advanced Technologies Inc. (OTC: KNOS) and Yasheng Group (OTC: HERB) have announced a strategic collaboration to develop and patent a revolutionary small nuclear battery with a lifespan of up to 50 years. This groundbreaking technology aims to address critical energy storage needs in various sectors, including remote sensing, space exploration, medical devices, and military applications.
The agreement outlines that Yasheng Group will file the patent in China, while Kronos will handle North American filings. Each company will cover filing costs in their respective regions. The collaboration includes a 10% royalty sharing arrangement for earnings in each other's territories, potentially creating a significant revenue stream for both companies.
FAQ
What is the current stock price of KRONOS ADVANCED TECHS (KNOS)?
What is the market cap of KRONOS ADVANCED TECHS (KNOS)?
When was KRONOS ADVANCED TECHS INC founded?
What is KRONOS ADVANCED TECHS INC's focus?
What makes KRONOS's technology unique?
What sectors does KRONOS cater to?
What recent milestone did KRONOS achieve?
How does KRONOS prioritize customer satisfaction?
Where can I find KRONOS ADVANCED TECHS INC products?
