Aura Smart Air Ltd
AUSA.TA
Tel Aviv Stock Exchange12.10
ILA
-0.30
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Aura Smart Air Ltd
AUSA.TA
(Tel Aviv Stock Exchange)
Recent
price
12.10
P/E
ratio
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div
yld
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ROIC.AI
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in mil. unless spec.- Similar Companies
- Business
- Aura Smart Air Ltd (TASE: AUSA) develops, markets, and operates air purification and air monitoring platforms in Israel and internationally. The company offers Aura Air, a wall-mounted air management system featuring a patented four-stage purification process that eliminates 99.9% of viruses, bacteria, allergens, and harmful particles while providing real-time indoor and outdoor air quality monitoring; Aura Air Mini, a portable air purifier; and the Aura web platform, which delivers insights, customized recommendations, analytics, and integration with building management systems (BMS), Alexa, Google Assistant, and IFTTT for enterprise-wide control. Its solutions target sectors including education, transportation, healthcare, hospitality, offices, and residential spaces, with deployments supporting green building certifications such as WELL, LEED, RESET, and Fitwel, and are available through online stores and strategic distributors. Founded in 2018 and headquartered in Tel Aviv-Yafo, Israel, the company serves customers across more than 87 countries. In February 2023, Aura Smart Air entered into a definitive agreement to be acquired by U.S.-based Molekule Group, Inc. in an all-stock transaction valued at approximately $8.6 million, aimed at integrating its software, sensors, and IoT technology into Molekule's portfolio for enhanced enterprise air quality solutions; however, Molekule terminated the merger agreement on August 14, 2023. The company faced financial challenges, including a bankruptcy filing noted in August 2023 by some reports, though it continues to operate with its website active and products listed on the Tel Aviv Stock Exchange as of 2025. No major funding rounds, new product launches, or strategic expansions have been publicly reported in 2024 or 2025.