Sonovia Ltd.
TTASE:SONO37.40
ILA
-1.40
(-3.61%)
Sonovia Ltd.
TASE:SONO
(Tel Aviv Stock Exchange)
Recent
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37.40
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yld
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ROIC.AI
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- Business
- Sonovia Ltd. is an Israel-based technology company specializing in the development and production of advanced textile solutions with antibacterial and antiviral properties. The company operates through two primary segments: the Technology segment, which focuses on ultrasonic textile dyeing and finishing equipment that enhances sustainability and fabric performance; and the Products segment, which offers end-products including protective masks featuring reusable, washable, and active antiviral and antibacterial coatings. Sonovia’s core products include ultrasonic machines that apply nanoparticle-based treatments to textiles, indigo ultrasonic dyeing technology primarily targeting the denim industry, and a range of sustainable textile finishes designed to reduce chemical use, water consumption, and environmental impact. Founded in 2013 and headquartered in Ramat Gan, Israel, Sonovia serves diverse markets including fashion and clothing manufacturers, home textiles, institutional textiles such as hospital and hotel linens, technical textiles, and personal protective equipment. Its technology embeds durable protective properties into fabrics for enhanced hygiene and longevity, addressing needs in healthcare, apparel, and filtration markets globally. Recent major company developments include a strategic partnership with Delta Galil Industries, a global apparel manufacturer, to pilot Sonovia’s ultrasonic fabric-finishing applicators for sustainable and antimicrobial textile treatments. This alliance facilitates commercialization and scaling of Sonovia’s technology within high-performance activewear and apparel products. Sonovia has also shifted to a diversified product strategy to reduce dependency on COVID-related markets and expanded its digital textile finishing equipment offering with a long-term consumables supply model modeled on an “HP/Nespresso” system. The company reported significant growth in its product division revenue, achieving $14.5 million in 2021, surpassing pre-pandemic levels. Sonovia continues to innovate in sustainable denim dyeing and finishing, utilizing ultrasonic and green nano-chemistry technologies to reduce environmental footprint while improving fabric quality. Sonovia is publicly traded on the Tel Aviv Stock Exchange under the ticker symbol SONO.TA and maintains a commitment to combining textile innovation with sustainability goals across global markets. Its leadership includes CEO Shay Feingold and Chairman Joshua Herchcovici. The company remains focused on expanding its technology adoption and broadening applications for its textile finishing equipment and treated fabric products worldwide.