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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, Inc. (OTC: KNOS) announced new research linking air pollution to bone damage in women with osteoporosis, highlighting elevated air pollutants' impact on lumbar spine bone density. The study, conducted by Columbia University's Mailman School of Public Health, analyzed data from 161,808 postmenopausal women and found that nitrogen oxides significantly contribute to bone damage.
In related news, Kronos' air disinfection technology has received FDA 510(k) clearance, proving effective against harmful airborne particles. This positions Kronos' products as viable solutions in healthcare and other industries, enhancing indoor air quality and offering substantial long-term cost savings.
The FDA has granted 510(k) clearance to Kronos Advanced Technologies' Model 5 air purifier, classifying it as a Class II Medical Device. This technology, which eliminates 99.9% of harmful airborne particles, including viruses and allergens, allows for deployment in healthcare settings. The device's patented High Voltage Field technology and washable filters provide significant market advantages over traditional HEPA systems. Kronos aims to leverage this certification to expand its market presence across various sectors, including hospitals and schools, while ensuring compliance with California's CARB regulations.
Kronos Advanced Technologies, Inc. (KNOS) announced an extended Black Friday sale starting November 22, 2022, featuring deep discounts on its air purifiers and graphene face masks. Discounts include $100 off select models, $250 off Model 8, and 60% off popular car air purifiers. Kronos’s patented filter-less technology claims to outperform traditional HEPA filters by efficiently destroying harmful particles. Their products are noted for being virtually silent and cost-effective, with ongoing research supporting their air purification effectiveness.
KronosMD Inc. has been established as a new medical manufacturing subsidiary of Kronos Advanced Technologies (OTC: KNOS), focusing on advanced healthcare manufacturing and technology acquisition in the Medical Devices market. This initiative aligns with Kronos' 2022 growth strategy, enhancing its diversification efforts. The U.S. medical device market, valued at $176.7 billion in 2020, is projected to grow at a CAGR of 5.0%. KronosMD aims to leverage existing resources to provide innovative solutions, including potential collaborations with companies in the medical imaging field.
Kronos Advanced Technologies (OTC: KNOS) has completed the acquisition of an 85,000 sq. ft. manufacturing campus in Parkersburg, WV for $5.8 million. The facility, previously used for advanced electronics, will be adapted to produce air purification devices. This strategic move aims to transition Kronos from a marketing-centric company to a globally recognized manufacturer. The new site is expected to create approximately 300 jobs by June 2022, enhancing operational efficiency and positioning Kronos to leverage local demographics, benefiting from state economic incentives for job creation and investment.
Kronos Advanced Technologies (OTC: KNOS) has announced the exclusive national distribution of the ViralWall™ device, which utilizes a patented graphene-based air filter to kill pathogens in exhaled air. This self-sterilizing air purifier, developed by LIGC Application LTD, targets bacteria and viruses, including antibiotic-resistant strains. The technology, born from a collaboration between Rice University and Ben-Gurion University, showcases the potential of graphene to enhance air purification. Kronos aims to produce affordable, energy-efficient products while addressing indoor air quality concerns.
Kronos Advanced Technologies (OTC: KNOS) has announced the filing of a trademark for its brand to be utilized in the Metaverse. Joining industry giants like Meta and Nike, Kronos aims to establish a virtual commerce presence. Bloomberg Intelligence projects the Metaverse market could reach $800 billion by 2024, with opportunities in gaming and live events. CEO Michael Rubinov expressed optimism about securing competitive advantages through these digital assets, with further trademark filings planned for the future.
Kronos Advanced Technologies (OTC: KNOS) announced enhanced filtration efficiency for its 5-ply graphene face masks, achieving over 99.9% efficiency in bacterial and viral filtration as validated by Nelson Labs. These masks exceed the performance of ASTM Level 3 masks, the highest FDA rating. As mask usage becomes more common post-pandemic, the company anticipates sustained demand for high-quality masks in various industries. The masks are produced in the USA, positioning Kronos uniquely in the market, while public health guidelines continue to support mask-wearing in high transmission areas.
Kronos Advanced Technologies, Inc. (OTC: KNOS) announced a registration statement on Form S-1 with the SEC for a proposed $10 million stock offering. The company has entered a Common Stock Purchase Agreement with Dutchess Capital Growth Fund LP to finance renovations of its manufacturing facility and purchase advanced assembly lines. This funding will support the development of their patented air purification products and operational expenses. Recent operational highlights include securing PPE contracts and acquiring new manufacturing space.
Kronos Advanced Technologies, Inc. (OTC: KNOS), has announced a significant contract for procuring Personal Protective Equipment (PPE), medical gloves, masks, and COVID-19 test kits. This initiative supports their growth strategy, with plans to expand supply contracts in 2022. CEO Michael Rubinov highlighted the high demand for these products amid the ongoing COVID-19 crisis, especially with the new variant driving infection rates. The company is also making improvements to its West Virginia factory and preparing for a secondary public offering, alongside developing innovative consumer electronics.
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