Welcome to our dedicated page for Kronos Adv Tech news (Ticker: KNOS), a resource for investors and traders seeking the latest updates and insights on Kronos Adv Tech 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 opened its first office in Odisha, India, aiming to expand its presence in Asia. The company is actively hiring local employees and plans to market its patented air purification products in the region. Amid rising coronavirus cases in India, Kronos will donate PPE and air purifiers to local hospitals through its non-profit foundation. The company's innovative air purifiers claim to remove 99.98% of pollutants without filter replacements, offering a cost-effective solution for indoor air quality.
Kronos Advanced Technologies, Inc. (OTC: KNOS) reported significant financial growth for the nine months ending March 31, 2021, with a YTD revenue of $225,876, representing a YOY increase of over 2000%. The company has successfully expanded its distribution network, introduced innovative products like the AirDOGE™, and adapted its marketing strategies, positioning itself for ongoing revenue growth. Kronos is poised to meet post-pandemic demands through enhanced online platforms and aims to become a leading provider of air purification solutions.
Kronos Advanced Technologies (OTC: KNOS) has launched the Invisible e-mask™ X3000, a TSA and FAA-approved personal air purification device. This innovative mask creates a protective zone of cleaner air by generating millions of negative ions that eliminate airborne pollutants, enhancing safety in public spaces. The e-mask offers a 15-20 hour battery life and improves air quality by up to 3000%. The company plans to expand its product lines amidst rising global demand for health and safety technology, while also emphasizing the integration of its air purification products.
Kronos Advanced Technologies (KNOS) announced a strategic partnership with GreenTechDirect to establish a new Direct Selling Division, KronosDirect. This initiative aligns with the growing trend of direct selling, which generated $35.2 billion in sales in 2019. With a focus on health and wellness products, direct selling appeals to a significant portion of the U.S. population, particularly among younger generations. Kronos aims to enhance indoor air quality through innovative air purification technologies, leveraging a unique system that improves filtration and sterilization while reducing energy consumption.
Kronos Advanced Technologies (KNOS) announced the availability of its Canario wearable bioaerosol monitors for a pilot study aimed at enhancing school air quality. The monitors will provide real-time data to help schools track air quality, significantly reducing particulate contamination. Inspired by California’s AB-841, Congresswoman Matsui advocates for dedicated funds for HVAC upgrades in schools to improve indoor air quality amid COVID-19 and pollution concerns. Kronos's technology boasts a 99.9% reduction rate for airborne pathogens.
KRONOS ADVANCED TECHNOLOGIES (KNOS) announced the production commencement of its limited-edition AirDOGE™ air purifiers, fulfilling preorders expected within 30-45 days. The AirDOGE™, designed to combat airborne pathogens, employs advanced disinfection technology, capturing particles down to 14.6 nm and using only 30 watts of energy. Customers have primarily preordered using Dogecoin. The company also launched DogeSPAC, which allows Dogecoin holders to invest in its technology. Additionally, Dogecoin's recent surge to $0.13 has amplified interest in KNOS's products.
Kronos Advanced Technologies (OTC: KNOS) announced the completion of an exchange with the Dogecoin Cash Foundation, trading all its holdings in First Bitcoin for 600 million Dogecoin Cash. This move allows KNOS to increase its participation in its DogeSPAC beyond the initial 20%. The company, which has begun accepting Dogecoin as payment for its air purification products, seeks to capitalize on the rising popularity of Dogecoin Cash. Furthermore, Kronos recently filed for a patent for an innovative face mask and continues to develop advanced air purification technologies.
Kronos Advanced Technologies (OTC: KNOS) has announced the launch of a unique Special Purpose Acquisition Company (SPAC) called DogeSPAC, targeting Dogecoin holders for investment. The company aims to raise around $100 million through the sale of DogeSPAC LLC interests, with Kronos retaining a 20% stake. The initiative is designed to expand air purification and digital health technologies. Dogecoin's popularity, buoyed by notable endorsements, is expected to support this venture. The SPAC will initially cater to accredited investors and will pursue SEC registration for broader appeal.
Kronos Advanced Technologies (OTC: KNOS) has signed a definitive agreement to acquire Merit Mask, Inc., a medical mask startup. This acquisition aims to enhance Kronos' portfolio in personal protective equipment (PPE) during the COVID-19 pandemic. The deal includes the control of Merit’s innovative mask designs, addressing critical needs such as comfort and usability for long hours in hospital settings. The acquisition positions Kronos to strengthen its manufacturing and distribution capabilities in the PPE market, projected to grow significantly through 2027.
Kronos Advanced Technologies, Inc. (KNOS) has partnered with Sylvane.com, a leading online provider of indoor air quality products. This collaboration aims to leverage Sylvane's two decades of air quality experience to enhance the distribution of Kronos's innovative air purification technology. Notably, Sylvane was ranked #1 in Newsweek’s 2020 Best Online Shops for household appliances, underscoring its credibility in the market. This partnership is expected to strengthen Kronos's presence in the indoor air quality sector and broaden its customer reach.
FAQ
What is the current stock price of Kronos Adv Tech (KNOS)?
What is the market cap of Kronos Adv Tech (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?
