Kronos Advanced Technologies announces special cash dividend on Sept 16, 2024

Kronos Advanced Technologies, Inc., based in Los Angeles, announced a special cash dividend for its shareholders on September 16, 2024. The company, known for its innovative air purification technology, has set an ex-dividend date of September 18, 2024, meaning shares purchased after this date will not qualify for the dividend. CEO Greg Rubin expressed enthusiasm for this initiative, emphasizing the company's commitment to delivering long-term value to its investors. Founded in 2002 with initial funding from the U.S. military, Kronos has evolved from developing electrostatic air movers to focusing on consumer air purification solutions. Their products, marketed under the Airdog® and KRONOS® brands, are designed to silently filter, sterilize, and purify air while significantly reducing energy consumption. This technology has applications in various sectors, including healthcare, education, and automotive industries. Research has demonstrated that Kronos's electrostatic air filtration systems effectively capture and destroy microorganisms, bacteria, and viruses, making them suitable for disinfection in real-world environments, such as hospitals. The company aims to address a wide range of markets with its CORE technology-based devices, which can be utilized in diverse settings, from clean rooms to commercial aircraft cabins. The announcement of the dividend reflects Kronos's ongoing efforts to enhance shareholder value and signals a positive outlook for the company's future. Investors are encouraged to stay informed through the company's website and other communication channels regarding material information and updates.