AlenCiken

$AUVI Announces Acquisition of the Airocide Technology Platform

NASDAQ:AUVI   Applied UV, Inc.
Applied UV Announces Acquisition of the Airocide(R) Technology Platform for Airborne Pathogen Reduction

Developed with NASA as a patented pathogen killing technology

Proprietary photocatalytic oxidation process thoroughly destroys viruses, bacteria, spores, and fungi as well as other carbon-based molecules

Airocide® air disinfection technology compliments and expands the SteriLumen platform, together providing a more comprehensive solution for air and surface

Accelerates the strategy to grow revenues through complimentary acquisitions

Enhances scale in the fast-growing disinfection device market

Akida's revenue for the full calendar year 2020 is estimated to be $4.7 million with EBITDA of approximately $921,000.

Airocide technology is widely accepted and currently used by nationally recognized brands such as Hard Rock Café, the US Army, Stag's Leap vineyards and many more.

finance.yahoo.com/ne...ocide-110000189.html

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.