elimination Max. purification estimated to by pathogen XXXX. for air billion is market $XX global Thanks, and The reach
While longer nice safe is quality cannabis. to a we've verticals, keep including and as and healthy, to remain well delayed, extend a value high agricultural produce, no just our and in but of and have, orders seen target people the disinfection life temporarily as air necessity protect priority a
get major sense until delayed situation, healthcare, as and internationally. our economic a to capital both cannabis, purification uncertainty, and weakness use quarter, XX%, prospects air next we macroeconomic and the third preservation, across in including address in portfolio purification the research-backed domestically current growing some food proprietary, to diverse cases with down several quarters for due were education, of ever-increasing solutions, expenditures These In revenues the orders better verticals. delaying Our the elimination and government. of experienced pathogen patented, demand verticals, air they market are
with been feedback Importantly, included we the we these is purchase delayed sales quarter II example Again, throughout are next the Washington. of International, a to which major in our delayed have An or orders however, for we're we US prospects in one partners, multi-million-dollar been This indicates its XXX purification as DA close and the from have canceled. of receiving cycles air are our education negative where not impact being had distributor these School growing quality. projects have of major contract Airocide profound improved air two. merely a demonstrates includes award, anticipate purification other State suite in of students. solutions demand the air contract, non-public well closures RFPs participating, as offering to in EANS the schools on
protecting Our teachers, schools and products staff. provide open pathway to and a students, keeping
Importantly, condition new recently sales this moving hired. encouraged more They highly and prospects, we headwind, the of are air across is Applied we Despite the opportunities, performance building industry professionals are identifying the new UV. towards are closing. and seeing this is disinfection to not unique momentum, we sales a managing by
hires new segment in first Disinfection generated In XX in fact, the the have days of employment. three revenue the already of
period. volatile harmful emissions growth verticals growth While photocatalytic chemicals. achieved were by wine oxidation in were same our in we have orders Wine our target XX% reinforces two and up QX cannabis. target and without sales delayed, of and completely mold, compounds seen This that two efficacy significant pathogens, ozone verticals, the sales almost over in XX% cannabis a of our destroying and trapping we up organic number or of of for in Airocide sales QX, patented
partner, our in a technology three. two by Internationally, expanding order purchases placed distribution to in the of and and cannabis, Europe. over increased during catalyst for preservation customers one quarter largest purification the food our proprietary XX% European our Solaris, patented Airocide third of air presence quarter our quarter, substantial Additionally, verticals PCO wine,
more Airocide one eight has for European than our of of Airocide selling been distributors Solaris verticals. to multiple years,
properties, Asia our NASA-based hospitals well hospitals pathogen its also We sale efficacy environment-friendly distribution value using offer through its technology. systems made technology Southeast as in air filterless elimination, a significant purification due and Airocide partner. in to to our PCO great as for
Vietnam. We expect in for demand Pakistan, and Indonesia, coming the Airocide months continued in
We results which initial results, outcomes, in next was independent previously Mount we our greater position to further is ResInnova installation surface independent that with additional premier initiated Another validate plans of globally disinfection solutions other patented Sinai our the conducted respected healthcare and solutions, as validate initial for eliminate a and LumiCide viruses XX monkeypox. of and drain recognized to published institution, favorable research major This and year. in and further very Mount expect previously us will development the Laboratories. business a clinical patient Center, Medical opportunity rooms. the being teaching transmitted believe UVC by adoption publish Sinai, this supports conducted where disinfection patented facilities installed such trial and this globally fully we early to drain installation surface combat surface initially quarter
already generated to talent our As Disinfection who Domestically, segment, Internationally, continue to three to we increase efforts proven the have sales executives distributor throughput sales our pipeline stated and partners earlier, domestically network internationally. and both continues. sales product of in grow acquisition of we invested expand sales. for
global XSixty as Our Biopharma, leaders in Africa, among distribution such include in Latin and in Euro, JARO others. America, channels Solaris
customer to countries. us enable effectively global We to of our new cost seek continue distribution to the our distribution beyond plus beyond XX partners our XX grow current footprint distributor to base increase partners global
key food preservation, in We the aimed an on continue launched quarter initially marketing cannabis, at second to make investments and having vertical international multi-prong targeted in marketing, market, program focused wine.
these Warm buyers, October. two Trade from world, Show shows making leads these that food the marketing These exhibits of generation. trade Each QX, preservation, together XX. and matter on the Show Philadelphia in sales ideal shows throughout UAE. Orlando Unite the & and generated Feeding the thought exceeded number Trade continued Floral brings US, with strong in sales tradeshows from major trade for We lead in Global a at around push these and of experts food-related the August, two America Europe, subject in included in focused Produce leaders,
executives just forum from industry to our professionals distributor exhibiting partner, the making Expo today. Las are along than more Bada XXX our MEDICA it and MJBiz environment strong globally in us target-rich represent Internationally, surface fit. that generate and with. who distribution plant-growing MEDICA new staffers have a X,XXX follow European sales leads our user operations, from at at leads countries. which kicks trade results kicked The in we over world exhibiting Beverage Healthcare Gulf our week, partner. Trade and host show of purification in topics partner about the educate world show Show trade thousands to which which We Dusseldorf. a companies over more where includes of medicine also air participants healthcare, exhibiting with trending also XX,XXX vertical. products up MEDICA, is in cannabis large show in we trade is yesterday, completed XXX and we Food being our for and about Trade important a leading than Dubai, off have Vegas, to MJBizCon learn cannabis This the impressive this distribution for medical will held are now technologies, off with for cannabis attracts end solutions is as the Show well around and a
From continue and PCO air UVC an systems make R&D perspective, improvements differentiating further other line we our to of patent entire of purification mobile technologies. that products, and our fixed carbon-based from substantial to
transition integration of to adding plan. internet things on Our proceeds
Additionally, including we already are HEPA-based dollar introducing product new we purification our two portfolio, expanding air bids. in are multimillion units, which
addition systems, introduce other to Medical have the air important solutions and are I very Mount of mention also we at to In these field ready surface to LumiCide Disinfection tests getting new Sinai our purification launch. we current two following pilot drain should Center. completion plans UVC also
Airocide products, with first of the and aspergillus. The our for elimination specifically eradication is
significant it as for posing mold a prevalent cannabis can these risk itself, is breeding cannabis consumers, contaminate making Aspergillus health spores. when a and health in problem the unsafe as poses facilities, it very staff well to as
The field carbon scientific elimination in related second is test product using wineries. our dioxide to air
of essential an to odorless a it employees is lethal. safety poses the for of extreme hazard production being COX While also for wine, gas the
and tests, results While field testing effective expect be parties. use our to both product in expand air scenarios, all proven scientific The with claims, has both cases further from for will wine. and Airocide test we in-house thoroughly cannabis products the positive our in both our highly third we as using
mitigate segments, today. each those agreement analyze chain points and and to so in supply logistical agreement air optimize to both have continue supply our primary one and makes supply premier will our and with for of The the manufacturing purification we are contract strategic inventory, lines, against soon, manufacturer, to we significant the solutions. global signed prevalent a announcing business control, world chain manufacturers. the UV’s authority outsourcing be suite that in improve chain tighten Along disruptions across integration, Operationally, of quality Applied assembler, of them
have they on finance purchase supply to offered Additionally, orders our received. chain based
of occur plan, production and on teams into savings, risk We marketing transfer to majority allowing are year us joint removing logistics accelerated products, these our focus solely manufacturing close and our Our cost executing the operated partnership of allow believe and the of internally and more will distribution. end, before execution responsibilities the this to an manufacturing company and and translate and accelerated sales. development effectively next-generation scale so
multitude integration evaluation accrue synergies The due taken privately planning and to a strategic strategic current LOI held Many is for Another approximately engaged and entering required entity. year discussion including conducted teams of target will of a have the of with that we've evaluating million. in the action been all non-binding with a audits. major diligence, revenue positive months have acquisition combined runway this $XX into
$XX million XXXX. entity the approaching expect in We will revenues increase substantially combined
while will our These cash we addressable will to us to lines, product of expanding accretive which term. distribution also capabilities, synergies Additionally, near the market. our being our positive sales increase in and allow goal will gain
will I our the Next, review our financial Riccio, for to turn Chief Financial call a Mike? over results. of Officer Mike