RFI Q3 2024 CC, post 3:
And airlines and owners are picking SPD when given the choice. Apart from the obvious benefits of improving the passenger experience by giving them more control over their environment and reducing noise in the aircraft cabin, there are temperature benefits as well.
In automotive, we see a side by side reduction of 18 degrees Fahrenheit in a car. In aircraft, we have seen as much as a 26 degree Fahrenheit reduction in cabin temperatures simply by using SPD. Once again, and our growth in revenue from the aircraft market reinforces the value we add to the aircraft and airlines around the world.
In the interest of time and to cover as much ground as possible today, I have taken a number of questions that we have received by e mail and have incorporated them into my presentation today.
I'm now going to open up the conference call to additional questions and first I'll read and answer some of the questions we received by e mail and I encourage people to email in their questions before the conference call so we can tailor our presentation to cover the most ground for the benefit of all shareholders.
:So here are some of the additional questions that were emailed to us and in some cases, I'm combining several related questions into 1. They basically cover 3 areas. 1, the effect of the war in the Middle East 2, use of competitive technologies and 3, the architectural market.
1st, on behalf of our friends at Gauzy, we appreciate the questions about the situation in the Middle East and their safety. Everyone is in fact safe. The war in Israel has not affected Gauzy's operations. They planned and then built redundancy into the Stuttgart facility for both emulsion and film production. They also have redundancies in other areas and a worldwide footprint in factories in the U. S., Germany, France and of course Israel.
Our next question. 2: Joe, on prior conference calls, you mentioned that you were going to see other technologies tried on cars. We see some cars coming out with PDLC in the roof. Can you comment on this?
First, I think it's important to understand the path that these other technologies might have to get into a car and we've given a lot of thought and analysis to this. One path is due to suppliers over promising the benefits of these other technologies.
Another may be trying to avoid paying a royalty on our hundreds of patents. And the third might be the automaker simply trying to pick the cheapest solution or to keep the price point of a car within a certain range visavis their competitors models.
So let's first take a look at this first path focusing on the benefits. The benefits of SPD SmartGlass are quite clear and have been demonstrated over tens of thousands of cars produced by Mercedes, McLaren, Ferrari, and now this quarter, Cadillac. The benefits of PDLC on the other hand have really focused on its ability to deliver good privacy.
However, in the areas of heat, light and glare control and shade, this technology does quite poorly unless enhanced by using other technologies in conjunction with it. And if you read the blogs and the online user forums for car owners, you'll see that there have been numerous complaints about the use of PDLC in the roof systems of cars.
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