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 Technologies, Inc. develops and commercializes health, wellness, air-quality, dental imaging, and advanced energy technologies through product lines and subsidiaries. Company news commonly covers Kronos air purification and air disinfection products, including FDA-cleared purifier models, reusable-filter technology, and graphene face masks for indoor and outdoor air-quality applications.
Updates also focus on controlled subsidiary Zyppah, Inc., a consumer sleep and wellness business with patented, FDA-cleared snoring and sleep-related solutions sold through direct-to-consumer digital channels and online marketplaces. Other recurring themes include KronosMD’s S-WAVE radiation-free intraoral ultrasound imaging platform, Atomiq’s nuclear battery technology and patent portfolio, subsidiary ownership matters, product commercialization plans, and shareholder capital actions such as special dividends.
KRONOS ADVANCED TECHNOLOGIES (OTC: KNOS) announces that its popular air purifier line is now available on Wayfair.com, a major player in online home goods retail. Michael Rubinov, the company's president, expressed enthusiasm for this partnership, highlighting Wayfair's extensive reach with over 33 million active customers. This strategic distribution move aims to enhance market access and sales opportunities. Kronos's innovative air purification technologies, including their patented TPA technology, target indoor and outdoor air pollution, underscoring their commitment to health and safety.
Kronos Advanced Technologies (KNOS) announced a pro-rata distribution of 1 unit of DogeSpac LLC for each share held on June 15, 2021. DogeSpac intends to raise funds for advanced air purification products and has acquired 600 million Dogecoin Cash. KNOS is the first publicly traded company to accept Dogecoin as payment for products, promoting its air purification technology. The dividend will not be SEC-registered but will offer holders a chance to convert interests into tradeable crypto units in the future. Updates on DogeSpac will be provided on its website.
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.