Louied91
2 weeks ago
$KNOS FDA Greenlights Second Model in Kronos Advanced Technologies Inc.'s Revolutionary Air Purifiers Line
https://www.globenewswire.com/en/news-release/2024/07/10/2910961/0/en/FDA-Greenlights-Second-Model-in-Kronos-Advanced-Technologies-Inc-s-Revolutionary-Air-Purifiers-Line.html
Los Angeles, CA , July 10, 2024 (GLOBE NEWSWIRE) -- Los Angeles,CA July 2024 (GLOBE NEWSWIRE) -- KRONOS ADVANCED TECHNOLOGIES, INC. (OTC MARKETS: KNOS) ("KNOS" or the "Company"), an innovation-driven product development company and creator of the patented Kronos® CORE air disinfection technology inside its advanced smart air purification devices, announced today that the U.S. Food and Drug Administration (FDA) has recently granted an additional 510(k) clearance to a flagship product, Kronos® Model 8, classifying it as a Class II Medical Device. This second FDA clearance was provided after a detailed review of the patented Model 5 device back in 2023, which utilizes patented High Voltage Field air disinfection technology proven to eliminate 99.9% of harmful airborne particles, including allergens, bacteria, fungi, and viruses, like COVID-19. This FDA clearance means our air purifiers can be deployed in hospitals and home healthcare settings to clear the air of infected bioaerosol droplets. Additionally, our products comply with all CARB regulations related to air cleaners for sale in California, and the Company’s manufacturer is registered with the State of California CARB.
Grand View Research: The global air purifier market size was estimated at USD 15.94 billion in 2023 and is expected to grow at a CAGR of 7.1% from 2024 to 2030, reaching approximately USD 25.58 billion by 2030.
Kronos can now provide schools, healthcare facilities, businesses, hotels, and government agencies with the best medical-grade air purification and air disinfection technology.
“As air quality concerns continue to rise globally, we are proud to announce that our manufacturer has been granted an additional FDA clearance for the Model 8 Air Purifier. We want to thank the FDA Team for their investigation and test results review of Kronos® CORE patented air disinfection technology,” said Greg Rubin, Interim CEO of Kronos. “We have been developing air disinfection and purification technology since 2002 and are experts in Indoor Air Quality. The recently approved FDA 510(k) clearance of the Model 8 device, powered by our patented Kronos® air disinfection technology, represents another major step forward in marketing our products to hospitals, doctors’ offices, allergy sufferers, and areas affected by natural disasters like wildfires.”
“There are only a few air purifier manufacturers on the market today that have received multiple 510(k) clearances, and this marks a significant milestone for our company and our shareholders. This certification validates the performance of the Kronos® Model 8 air disinfection technology capabilities as we prepare to manufacture our innovative products domestically and lead the air purification industry,” added Rubin.
The Model 5 and Model 8, which are our most popular models, have been rigorously tested in several credible international testing labs. Kronos® developed technology is an active filtration technology. Unlike other solutions, it generates a high voltage electric field to electrify and destroy harmful particles, collecting them on the uniquely designed, easy-to-wash collecting plates. Its 3 layers of washable filter technology equate to zero maintenance costs while eliminating up to 99.9% of harmful particles, 99.9% of PM 2.5, and 99% of chemical toxins in the air it cleans.
Traditional HEPA filter-based air filtration systems only capture larger particles such as dust or pet hair and require frequent filter changes to maintain effectiveness, drastically increasing system maintenance costs. Our technology can remove contaminants and allergens down to 14.6 nanometers (.0146 microns), which is 20 times smaller than HEPA filters – a definite market advantage.
As reported recently by CNN: A summer wave of COVID-19 has arrived in the US. COVID-19 levels have been rising in the United States for weeks as new variants drive what has become an annual summer surge. COVID-19 surveillance has been scaled back significantly since the US public health emergency ended more than a year ago — individual cases are no longer counted, and severe outcomes are based on representative samples of the population — but the data that is available is showing a consistent upward trend. Infections are probably growing in at least 38 states, according to data from the US Centers for Disease Control and Prevention. Wastewater surveillance suggests that viral activity is still relatively low, but hospitalizations and deaths are also ticking up. COVID-19 levels are especially high in the West, where viral levels are back to what they were in February, and in the South, according to the CDC. “The virus tends to replicate well and stay alive in an environment with warm and moist conditions. That fits with what we’re seeing,” said Dr. Robert Hopkins, medical director of the National Foundation for Infectious Diseases, a nonprofit public health organization. “The South and the West are steamy and hot right now.” The summer bump has become a familiar seasonal pattern, but experts warn that the coronavirus can still be quite unpredictable.
KNOS is committed to helping our customers, businesses, and government offices improve Indoor Air Quality (IAQ) and provide healthier and safer air.
Unlike any other air purifier on the market, Kronos® air purifiers use patented technology to do what other purifiers can’t — destroy airborne pollutants at the size 20 times smaller than conventional Hepa filters. These devices are the only FDA-cleared purifiers that use Kronos® technology and reach 99.98% efficiency in destroying airborne pollutants.
This additional FDA clearance comes as world health agencies increasingly recognize indoor air quality as a crucial factor in overall health and well-being. The EPA - Environmental Protection Agency has reported that indoor air can be two to five times more polluted than outdoor air, emphasizing the importance of effective air purification in homes and offices.
FDA Cleared MODEL 5 (MSRP $650): Currently on sale for $549 is Ideal for rooms of up to 1400sq. ft. can disinfect and purify air space 24/7 (bedrooms, living rooms, etc.) This Model 5 is 26 (H) x 12 (L) x 12 (W) inches, weighs 28.9 pounds, and its power consumption is only 20-60 W (110/240v).
FDA Cleared MODEL 8 (MSRP $1,199) ON SALE price $949.00: Ideal for large spaces up to 3000 sq. ft. (businesses, hospitals, schools, universities, hotels, restaurants, including residential spaces such as studio apartments, large living rooms, and home offices.) The MODEL 8 is 30" (H) x 15" (W) x 15", weighs 43 pounds, and its power consumption is 110 W (110/240v). The Model 8 may well be the highest CADR among all air purifiers, including HEPA, and the most efficacious with the lowest cost of ownership.
Kronos also supplies advanced US-manufactured face masks (including high-tech electronic invisible masks) to better protect employees, customers, students, and teachers nationwide.
Elcappy1
4 months ago
Yo yo yo! Wuddy do J2003! Looks like the baton is being passed... $KNOS
Held at DTC 251,568,859 03/22/2024
https://www.otcmarkets.com/stock/KNOS/security
In connection with the appointment of Greg Rubin as Chairman of the Board and Interim CEO, the Company provides the following information about Mr. Rubin:
Greg Rubin is a serial entrepreneur and investor with over 35 years of business experience in various sectors, such as oil and gas, energy, technology, biotechnology, healthcare and blockchain. He holds multiple patents and co-authored a bestselling book on Health and Wellness. He is also a subject matter expert who has appeared on various media platforms to share his insights and analysis.
He is currently the CEO of KronosMD Inc., where he leads the development and manufacturing of an advanced medical and dental 3D ultrasound imaging technology powered by AI. He is passionate about creating innovative solutions that improve the quality and accessibility of healthcare. He is driven by the vision of empowering people and businesses with the benefits of decentralized and distributed systems.
Mr. Rubin plans to enhance operational efficiency, foster innovation, and explore emerging market opportunities to drive growth and expand the company's presence in diverse markets.
Pursuant to the requirements of the Securities Exchange Act of 1933, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Statement from Greg Rubin:
As Interim CEO and Chairman of Kronos Advanced Technologies, I am thrilled to assume responsibilities as the Company’s new management. The establishment of our medical device manufacturing subsidiary, KronosMD Inc. marked a significant milestone in Kronos' journey as we expand our focus to include precision medical components and medical device manufacturing.
The formation of KronosMD Inc. underscored our commitment to leveraging our expertise in precision healthcare manufacturing to explore opportunities in the rapidly growing medical devices and precision medical component markets. This initiative aligns seamlessly with Kronos' 2024 strategy, reflecting our dedication to innovation and growth.
The medical device and new medical technologies market are experiencing exponential growth, driven by factors such as the rising prevalence of chronic diseases and an aging population. As we venture into this exciting new area, Kronos is well-positioned to add immediate shareholder value by utilizing our scale and manufacturing capabilities to deliver innovative, high-quality solutions to the market.
KronosMD™ represents a natural extension of Kronos' core capabilities in electronics manufacturing and supply chain management. By offering domestic contract manufacturing solutions, we aim to address the evolving needs of today's consumers and contribute to the advancement of healthcare technologies.
Since our inception in 2002, Kronos Advanced Technologies has been at the forefront of innovation, revolutionizing the way air is moved, filtered, and sterilized. Our patented technology has been instrumental in various sectors, including indoor air quality, automotive, and healthcare.
https://www.otcmarkets.com/filing/html?id=17340919&guid=kpd-knY5SRD-drh
Register for Free to get streaming real-time quotes, interactive charts, live options flow, and more.
klonerpride
3 months ago
J2003
3 months ago
BlazingStocks
8 months ago
seeking wisdom
9 months ago
Hot Features
Premium
