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Microcap & Penny Stocks : REFR Since Gauzy
REFR 1.910+3.8%3:58 PM EDT

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From: N. Dixon11/1/2024 10:25:26 AM
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JoAnnBarbour
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And in case anyone has doubts that the second shift is exclusively SPD, this article from today explains that it is Ferrari demand that drove this decision.

AND THEY SAID IT WAS RESEARCH FRONTIERS SPD.

Ferrari adds smart glass tech in first SUV
Nov 1, 2024

Ferrari is using smart glass technology from Gauzy in Israel for the first time for its first SUV design.

The Gauzy Suspended Particle Device (SPD) liquid crystal material will be used in panoramic roofs on Ferrari’s premium SUV, the Purosangue, and marks first time Ferrari has implemented smart glass technology on a mass production level for any of its automotive designs.

Gauzy is also adding a second shift at its plant in Lyon, France, to meet demand.

“Ferrari’s decision to use our LCG® technology in a multi-year program is a testament to the quality, sophistication and innovative nature of our light control products. Having Ferrari become associated with Gauzy is the ultimate seal of approval for the work we are doing to enhance safety, comfort, and design in the automotive industry,” said Eyal Peso, Co-Founder and CEO of Gauzy.

“In addition to Ferrari, it’s already included on sunroofs in McLarens, Mercedes and Cadillacs, and is expected to be widely adopted in mass-market cars in coming years. We believe that this presents a massive opportunity for us to expand our market share for smart glass in automotive and drive continued growth for this business division.”

Gauzy’s patented SPD LCG® uses an electrical voltage to change the transparency of the glass and reduce glare and heat from direct light exposure, thereby eliminating the need for shading systems altogether. The SPD technology is licensed from Research Frontiers, in which Gauzy has been a strategic investor since 2018.

eenewseurope.com
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