News Releases | Molekule, Inc.

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Aug 24 2023

Molekule's PECO technology demonstrates power of pollutant destruction in air purification

Creator of Food and Drug Administration-cleared air purification devices, Molekule is the only brand harnessing photoelectrochemical oxidation along with HEPA technology to capture and destroy airborne pollutants at a molecular level PALM BEACH GARDENS, Fla. , Aug.

Aug 16 2023

Molekule Reports Second Quarter 2023 Financial Results

Delivers Q2 Revenue of $13.2 Million, Exceeding Guidance of $12.0 Million and Representing 58% Sequential Growth PALM BEACH GARDENS, Fla. , Aug. 16, 2023 (GLOBE NEWSWIRE) -- Molekule Group, Inc. (“Molekule” or the “Company”) (Nasdaq: MKUL), a leading air purification technology company, today

Jul 18 2023

Molekule launches ‘Molekule 360,’ first-of-its-kind indoor air quality management solution

Salesforce and one of the largest U.S. banks are participating in the initial deployment of Molekule’s newly developed, Molekule 360, Indoor Air Quality (“IAQ”) management system Powered by the Molekule 360 Hub and artificial intelligence (“AI”) insights, the turnkey solution enables proactive

Jun 27 2023

Test Results Indicate that Molekule’s Air Pro Purifier Reduces Hospital Length of Stay by Approximately Two Days in COVID-19 Patients

Study in Partnership with Mercyhealth Hospitals and the University of South Florida Measured the Efficacy of the Molekule Air Pro Purifier on the Clinical Recovery in Mild or Moderate COVID-19 Patients Results Indicate that In-Room Air Pro Devices with Patented Photo Electrochemical Oxidation

May 16 2023

Molekule Reports First Quarter 2023 Financial Results

Q1 2023 Revenues of $8.3 Million Exceed Guidance Announces Q2 2023 Revenue Guidance of Approximately $12 Million Up Approximately 45% with Substantially Improved EBITDA Due to Significant Increases in Gross Profit and Operating Leverage, All as Compared to Q1 2023 Remains on Target to Achieve Full

May 08 2023

Molekule Group, Inc. Announces Closing of $10.0 Million Private Placement and Deferral of $6.0 million Principal Amortization Through 2025

PALM BEACH GARDENS, Fla. , May 08, 2023 (GLOBE NEWSWIRE) -- Molekule Group , Inc. (“Molekule” or the “Company”) (Nasdaq: MKUL), reported today the closing of its previously-announced approximately $10 million private placement with a single institutional investor.

May 04 2023

Molekule Signs Agreement to Provide Air Quality Monitoring Services to Veterans Affairs Facilities

Molekule to provide Veterans Affairs (“VA”) center employees and veterans with real-time, Indoor Air Quality(“IAQ”) monitoring and control system across three VA service centers in Hot Springs, SD , Ft. Riley, KS , and Topeka, KS Molekule and the Veterans Integrated Services Network (“VISN 23”),

May 03 2023

Molekule Group, Inc. Announces $10.0 Million Private Placement And Amends Loan Agreements to Defer Approximately $6.1 Million of Principal Payments Originally Scheduled for 2023, 2024 and Q1 2025

PALM BEACH GARDENS, Fla. , May 03, 2023 (GLOBE NEWSWIRE) -- Molekule Group, Inc. (“Molekule” or the “Company”) (Nasdaq: MKUL), announced today that it has entered into a securities purchase agreement with a single institutional investor pursuant to which the Company agreed to sell in a private

Apr 28 2023

Molekule and Aura Expand in Global Education Market with Multiple Deployments and Orders

Education industry sales reach nearly $4M Installed base hits over 11,000 air purifiers in schools, including some of the largest school districts in the U.S. , eliminating SARS-CoV-2, RSV, H1N1 Flu Virus, bacteria and allergens from the air Thousands of classrooms and facilities on numerous

Apr 19 2023

Molekule Announces Court Ordered Dismissal of Competitor’s Trademark Infringement Complaint with Prejudice

PALM BEACH GARDENS, Fla. , April 19, 2023 (GLOBE NEWSWIRE) -- Molekule Group, Inc (“Molekule” or the “Company”) (Nasdaq: MKUL), an emerging leader in air purification technology solutions, systems for healthcare and commercial smart building applications, and individual consumer protection, today

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