Applied UV Inc. Announces Receipt of Significant Orders in Smart Building Technologies Division
MT VERNON, NY, Jan. 16, 2024 (GLOBE NEWSWIRE) — via NewMediaWire – Applied UV Inc. (NASDAQ:AUVI), a leader in innovative and industry disruptive solutions across various sectors, is pleased to announce significant revenue in its Smart Building Technologies division. Recent strategic investments in LED Supply Co. will yield substantial sales in 2024, with the division poised to contribute $10 million in sales from just three nationally recognized accounts in 2024. With approximately $3M of this $10 million in orders already received from these industry leaders, it is expected that this division will assist in driving AUVI toward positive cash flow. These orders constitute a fraction of AUVI’s expected revenues for 2024.
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