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Non-Tech : Kirk's Market Thoughts
COHR 141.08+0.8%2:05 PM EST
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To: JubilationT who wrote (20191)8/29/2024 4:29:42 PM
From: JubilationT1 Recommendation

Recommended By
Kirk ©

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This is from last CC by CEO Joseph Harary.

We also highlighted the successful development of an SPD-SmartGlass sunroof for a flagship, relatively lower-priced, midsize model from an Asian auto manufacturer. This program is still on track for introduction, and we, along with Gauzy, are eagerly awaiting the OEM's launch announcement to share more details. There is a meeting about the launch of this car scheduled for later this month.

What's particularly exciting is that the manufacturing cost of products using our technology has decreased significantly, making it feasible for use for the first time in moderately priced vehicles like the one I just mentioned. This creates opportunities for higher volumes of SPD-Smart technology in middle-market cars worldwide.

Sorry about my investment rambling.
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