Energy Focus, Inc. (NASDAQ:EFOI) is one of the notable gainer in the micro-cap category as investors are reacting to the company’s news.
Market Action
As of 1.06, EFOI stock soared by 38% at $5.90 on average volume. The stock has traded 15.14 million shares, compared to its average volume of 514K shares. The stock opened at $4.10 and moved in a range of $4.10 – 8.15.
Energy Focus Partners with threeUV to Jointly Market and Distribute UV™ by Energy Focus Products
- has formed a partnership with threeUV (a Med Solutions LLC company), a UV product marketing and distribution company, to offer its UV™ by Energy Focus line of UV-C Air and Surface Disinfection (UVCD) solutions to institutional and government purchasing cooperatives that service 23,000 public and non-profit sector agencies including over 9,000 school districts, across all 50 states – to increase disinfection efficacy, reduce labor costs and protect the public spaces they serve.
- Products included in the partnership include nUVo™, our portable UV-C air disinfection tower, abUV™, our UV-C air disinfection and lighting troffer that incorporates our award winning EnFocus™ dimmable/color tunable LED lighting system, and mUVe™, our UV-C autonomous surface disinfection robot for commercial and industrial markets.
- All UV™ by Energy Focus products are designed to deliver 99.9%-plus disinfection rates for airborne or surface-dwelling pathogens such as mold, bacteria and viruses including influenza and SARS-CoV-2 and its variants.
- threeUV was among the five vendors recently awarded three-year supply agreements for UV-C Stationary and Autonomous Indoor Air Cleaning Systems and Services solicited by the National Cooperative Purchasing Alliance (NCPA). The NCPA solicitation anticipated the annual volumes under the agreements to be $50 million. threeUV was also one of the vendors recently awarded a three-year supply agreement with The Interlocal Purchasing System (TIPS) servicing over 6,000 K-12 school districts across the country.
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