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$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.

https://finance.yahoo.com/news/applied-u...

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