Kronos Adv Tech Stock Price, News & Analysis

Kronos Advanced Technologies (KNOS) has provided updates on its subsidiary, KronosMD, Inc.'s ownership structure and strategic goals. The company confirms full ownership of all common shares and voting control of KronosMD, while preferred shareholders hold over 5,000,000 shares valued at $1 per share. These preferred shares were issued to acquire dental imaging technologies, now branded as S-WAVE™.

KronosMD's 2025 strategic priorities include developing investor exit strategies, attracting venture capital and private equity investments, and enhancing shareholder communication. The company is launching a secure shareholder portal through www.KronosMd.com, where shareholders can access holding details and corporate updates. Shareholders are urged to update their contact information via info@kronosmd.com for portal access.

Kronos Advanced Technologies (OTC: KNOS) announces expedited shipping and discounts on air purifiers and graphene face masks in response to Southern California wildfires. The company is offering a 10% discount with code SAFEAIR10 and monthly payment plans for their products, which include various models capable of removing 99.98% of airborne pollutants.

The announcement comes as Los Angeles-Long Beach was ranked the most polluted metropolitan area in the U.S. for 2024 by the American Lung Association. The Pacific Palisades wildfire has destroyed over 1,000 structures, burned more than 5,000 acres, and forced 70,000 residents to evacuate.

Kronos offers several CARB-compliant air purifier models: Model 3 for small spaces, FDA-cleared Model 5 for rooms up to 1,400 sq. ft., Model 8 for spaces up to 3,000 sq. ft., and Tesla Air for vehicles. The products feature reusable eHEPA™ technology, eliminating the need for filter replacements.

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.