AwesomeStocks Hello! New Alert: Applied UV, Inc. (NASDAQ: AUVI) AUVI is our brand new NASDAQ alert that could present a breakout opportunity. AUVI has a chart setup suggesting the potential for increased gains. AUVI has a 50 day moving average of 1.22, more than 79% above yesterdayâs close. Plus, AUVI has a RSI of only 27, suggesting the opportunity for big upside. In addition, AUVI announced multiple accomplishments recently that could be big growth catalysts for the company. AUVI is a NASDAQ listed âtop Smart Buildings Technologies providerâ. AUVI provides âproprietary technology focused on global food security, air quality, and specialty building solutions for the commercial and hospitality industriesâ. AUVI âprovides proprietary surface and air pathogen elimination and disinfection technology focused on Improving Indoor Air Quality (IAQ), specialty LED lighting and luxury mirrors and commercial furnishings all of which serves clients globally in both the commercial and retail segmentsâ. The companyâs âproducts address the needs in the healthcare, hospitality, food preservation, cannabis, education, and winery vertical marketsâ. Over the past few years, demand for improving indoor air quality has significantly increased. Furthermore, âgovernments globally [are] mandating health agencies to address air quality via grants and mechanisms to ease visitation and protect facilities against future pathogensâ. AUVI has âestablished strategic manufacturing partnerships and alliances with such Companies as, Canon Virginia Inc, Canon Financial Services Inc., Acuity Brands Lighting, Johnson Controls International, USHIO, Siemens, W.W. Graingerâ. Plus, the companyâs âglobal list of Fortune 100 end users including Kaiser Permanente, NY Health+Hospitals, MERCY Healthcare, Baptist Health South Florida, New York City Transit, Samsung, JB Hunt, Boston Red Soxâs Fenway Park, JetBlue Park, Franceâs Palace of Versailles, Whole Foods, Del Monte Foods, U.S. Department of Veterans Affairs, Marriott, Hilton, Four Seasons and Hyatt, and more.â Moreover, AUVI âmaintains a global network of 89 dealers and distributors in 52 countries, offering a complete suite of products through its two wholly owned subsidiaries - SteriLumen, Inc. (âSteriLumenâ) and Munn Works, LLC (âMunnWorksâ)â. As the company further explains: âSteriLumen owns brands and markets a portfolio of clinically proven products utilizing advanced UVC Carbon, UVC LEDâs, Far UV (222nm), Photo-catalytic oxidation (PCO) pathogen elimination and disinfection technology, branded Airocide â¢, Scientific Airâ¢, Airoclean⢠420, Lumicideâ¢, PUROHealth, and PURONet.â âSteriLumenâs proprietary platform suite of patented, surface and air pathogen elimination and disinfection technologies offers complete pathogen disinfection platform.â âSteriLumenâs Lumicide⢠platform applies the power of ultraviolet light (UVC) to destroy pathogens automatically, addressing the challenge of healthcare-acquired infections (HAIs) in several patented designs for infection control in healthcare.â The companyâs âproduct suite includes mobile, fixed and HVAC systems and software solutions interconnecting its entire portfolio suite into the IoT allowing customers to implement, manage and monitor IAQ measures recommended by the EPA across any enterpriseâ. In addition: âLED Supply Co, is a full-service, wholesale distributor of LED lighting and controls used throughout facilities in North America.â âMunnWorks manufactures and sells custom luxury and backlit mirrors, and conference room and living spaces furnishings.â As the company recently explained: âApplied UV's strategic expansion of its product portfolio and domestic production capabilities has solidified its position as a preferred provider of comprehensive solutions within the hospitality industry. Plus: âThis broadened product offering has not only fortified Applied UV's competitive edge but also led to a substantial increase in its market share.â AUVI has announced multiple accomplishments recently that could be significant growth catalysts for the company. In April, the company announced: âApplied UV â PURONet UV Air and Surface Disinfection System to be Installed at Leading Medical School - University of Texas San Antonioâ Here are the highlights from this press release: - âIndustry First of a Kind PURONet, and PURO Protect (Far UV-C) to be Installed in 16 University of Texas Hospital Operating Roomsâ
- âFurther Continued Validation of PURONet and PUROProtect Effectiveness in Eliminating Dangerous Pathogens from Hospital Operating Roomsâ In May, the company announced its âQ1, 2023 Financial Resultsâ Here are some of the companyâs âRecent Business Highlightsâ from this press release: - âQ1 2023 Revenue of $10.7M an increase of 217% over Q1 2022â
- âCompleted the 6th strategic acquisition in 18 months doubling the size of the Companyâ
- âInvesting in Machine Learning and AI systems to enhance our IAQ and Food Security technologiesâ
- âPURO patent pending next generation FighterFlex pathogen elimination technology for facilities HVAC systems expected to launch in late Q3 allowing for international cross market salesâ
- âAddressing global push to improve Indoor Air Quality (IAQ) and Food Security technologiesâ
- âCrossing the Bridge to the Internet of Things ("IoT") - Company expects to incorporate and launch PURONet indoor air monitoring software across all air disinfection devices within the Companyâs portfolioâ
- âLaunched "Farm to Table" Food Preservation and Security R&D Program addressing the UN Chief Economist estimated Global $400 billion a year crop loss due to spoilageâ
- âExpanded Strategic Relationship with Canon to include Canon Financial Services with end user leasing programsâ
- âCross Marketing Sales Initiatives beginning to ramp with Multi-million Dollar Order from major Real Estate Developerâ
- âGlobal distribution reach now includes 89 dealers and distributors in 52 countries, 47 manufacturing representatives and 19 U.S. based internal sales representativesâ
- âLaunched a research collaboration with Johnson Controls, USHIO and Applied UV subsidiary Puro Lighting to study the efficacy and safety of filtered far UV-C disinfection technology (222 Nm UV}â In June, the company announced: âApplied UV's Subsidiary, LED Supply Co., and Its FORTUNE® 500 Technology Partner Awarded Approximately $0.8 million Contract for Comprehensive Lighting & Building Controls Solution for Global Auto Manufacturer's U.S. Facilityâ As the company further explained: âThe project represents a significant milestone for Applied UV and highlights the Company's commitment to providing advanced lighting and building controls solutions in the transportation industry. The collaboration between LED Supply Co. and its FORTUNE® 500 technology partner brings together expertise and innovation to enhance energy efficiency and sustainability in industrial settings. The scope of work includes comprehensive lighting and building control design tailored to the facility's specific requirements, followed by custom fabrication of state-of-the-art systems.â Here are some of the companyâs comments from this press release: "We are thrilled to be partnering with our FORTUNE® 500 technology partner on this significant contract award from a prestigious global auto manufacturer," said Max Munn, CEO of Applied UV. "This contract underscores our commitment to delivering innovative and sustainable solutions that meet the evolving needs of the transportation industry." In addition, the company also announced: - âApplied UV Retains Quantiva⢠to Integrate AI and Machine Learning Capabilities into Its PURONet⢠and Airocide⢠Systemsâ
- âApplied UV Closes $5.2 Million Underwritten Public Offering of Common Stockâ
- âFollowing Significant Investment in Domestic Production Applied UV Reports Record Backlog of $22 Millionâ On July 19, the company announced: âApplied UV Issues Letter to Shareholdersâ As the company further explained in this press release: âWe are pleased to provide an update on the recent progress and achievements of Applied UV, Inc. We are proud to report a record company backlog of over $22 million as of June 30, 2023, and we are on track to hit our revenue targets of $45-50 million for 2023. Our partnership with Canon continues to expand, providing valuable support in product development, contract manufacturing, sales and marketing, and customer financing options.â Furthermore: âOur Healthy Building Technologies Division has seen significant growth, thanks to the successful acquisition of PURO and LED Supply Co. This division now boasts a substantial backlog of roughly $7.4 million as of June 30, 2023, the largest in its history, validating our acquisition strategy and the division's growth potential. Puroâs partnership with industry leader, MFPHD has increased our hospital deal flow, particularly in the Surgical Suite. The division, comprising PURO, LED Supply Co, and Sterilumen, continues to gain recognition in the marketplace, helping to reinforce our position in Food Preservation Tech, Air Disinfection, Surface Disinfection, and commercial lighting and building control solutions.â In addition: âOur Hospitality Division is experiencing unprecedented growth, with current orders and orders in process totaling approximately $14-$15 million. This includes an order underway and valued at over $4 million with a leading hotel brand, marking the largest backlog in the companyâs history. This represents over 300% year-over-year growth, underscoring the success of our strategic expansion and our ability to meet the evolving needs of the hospitality and leisure industry.â Importantly, as the company notes: âThe combination of hospitality case goods with electrified and lighted mirrors has proven to be a winning formula, leading to increased revenue per customer. This integration of product lines has allowed Applied UV to offer comprehensive solutions to its hospitality clients, enhancing customer satisfaction and driving revenue growth.â In addition, most recently, the company announced: âApplied UVâs Subsidiary, PURO, and Its Partner Academy Energy Group (AEG), Have Been Selected As a Finalist for the GSAâs Green Proving Ground (GPG) Programâ Here are the highlights from this press release: - âGermicidal Ultraviolet, PURO with its Partner Academy Energy Group â Using next-generation LEDs and Far-UVC light to disinfect air without the need to increase ventilation. The GPG program will evaluate technologies that support healthier buildings while reducing energy use and improving Indoor Air Quality (IAQ)â
- âTwo technologies were selected for this program, the PURO Fighter Flex system for air handling disinfection, and the PURO Protect 222 continuous air and surface disinfection systemâ AUVI has multiple potential catalysts in its favor to experience increased growth. Make sure to do your own due diligence. Sources: [Presentation]( [PR1]( [PR2]( [PR3]( [PR4]( [PR5]( [PR6]( [PR7]( [PR8]( [PR9]( [PR10]( [Website]( [Chart]( Happy Trading! AwesomeStocks Note: We encourage all traders and investors to develop personal trading rules that you can follow and that work for you. Always protect your downside and note that we alert extremely volatile short-term opportunities. Before investing in securities, you should always consult with your financial, tax and legal advisor and never invest money you cannot afford to lose. DISCLAIMER You should read and understand this disclaimer in its entirety before joining the website or email/blog list of AwesomeStocks.com (the âPublisherâ). 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