Kronos Advanced Technologies Will Begin Selling US-Made FDA/NIOSH Approved PPE Next Week - Seite 3

By end-use, the hospital segment held the largest share of 54.0% in 2019, owing to increase in healthcare spending and cosmetic surgeries in the country.

Key players in the market are focusing on upscaling their manufacturing capacities, acquisitions/partnerships, and product innovation in order to gain a competitive advantage and develop a strong foothold in the industry space.

Kronos plans to become a key player in U.S. Healthcare PPE markets in addition to air purifier markers and eventually become a licensed manufacturer of N95 masks. In the upcoming 2021 year, Kronos is targeting to supply  1,000,000 masks per month.

We plan to announce an exciting new air quality protection product in the first week of 2021, as well as other significant developments.

About Kronos Advanced Technologies, Inc.

    The Company was initially founded in 2002 and funded by the U.S. military to develop electrostatic air movers. Eventually, the Company moved into the consumer air purification business. It began operations as a product development company that invented and significantly changed the way air is moved, filtered, and sterilized. Historically, Kronos has focused on developing, marketing, and selling the Company's proprietary air movement and purification technology. Serving the Indoor Air Quality (IAQ) market, Kronos technology uses state-of-the-art high voltage patented processes without the use of traditional porous HEPA filters. Kronos-based products move air silently, filter, sterilize, and purify the air while dramatically reducing energy consumption to half of a 60-watt light bulb. Kronos devices can be variable in shape or size and, therefore, have the potential to be scaled-down for air purification in cars or scaled-up in size for industrial and hazardous gas destruction. The technology is currently being implemented in multiple standalone products for businesses, homes, and vehicles of all types -to move, sterilize and filter air, including removing allergens down to 14.6 nanometers, passing through our patented technology -replacing expensive outdated passive HEPA and other filtration type systems. There are broad ranges of additional markets for standalone and embedded Kronos CORE technology-based devices. Examples of immediately addressable markets include schools, universities, healthcare facilities, operating rooms, manufacturing clean rooms, and the cabins of automobiles and commercial aircraft.