Molekule Group, Inc. (MKUL)
Molekule Group, Inc. operates in the Industrial - Pollution & Treatment Controls industry of the Industrials sector, headquartered in Palm Beach Gardens, FL, US. The stock last traded at $0.05, down 39.89% on the session, giving a market capitalisation of $1.9M. On trailing twelve-month figures it carries a trailing P/E of -0.54, a net margin of -3.2%. Its beta of 12.53 implies it has historically moved more than the broad market.
Molekule Group, Inc., founded in 2011 and based in Palm Beach Gardens, Florida, is a technology company specializing in advanced air purification systems for interior spaces. Previously operating as AeroClean Technologies, Inc. until its rebranding in January 2023, the company's primary mission is to provide air sterilization and disinfection solutions capable of eradicating dangerous airborne pathogens, including COVID-19, particularly within hospitals and other healthcare settings. A key product in their portfolio is Purgo (pronounced pure-go), a certified medical device that delivers continuous air filtration, sanitization, and supplemental ventilation. This innovative system, which incorporates their patented SteriDuct germicidal technology, is versatile enough for deployment in diverse indoor environments such as hospitals, corporate offices, and even elevators, aiming to minimize occupants' exposure to airborne particles and harmful pathogens. Molekule Group also offers a range of air purifiers designed for broader consumer and business markets. The Air Mini+, a direct-to-consumer model, includes a particle sensor, five distinct fan speeds, and an 'auto protect' mode for automatic speed adjustments. For larger areas, the Air Pro caters to both direct consumers and businesses, effectively purifying rooms up to 1,000 square feet. Furthermore, they provide the Air Pro Rx, a robust, medical-grade purifier specifically tailored for high-traffic zones in healthcare facilities, suitable for spaces exceeding 600 square feet. Complementing their purification devices, the company supplies advanced filtration components like the PECO-HEPA Tri-Power filter. They also offer digital tools such as the Molekule App, a mobile application that presents a 28-day historical overview of indoor air quality trends—including detected VOCs and particulate matter from PM 1 to PM 10—as sensed by the Air Pro purifier. For centralized management of multiple units, the Molekule Air Platform provides a dashboard interface for accessing data and controls.
Molekule Group, Inc. is most often compared with the following Industrials names: