RFI Q3 2024 CC, post 18:
Moderator: Our next question comes from Chuck Michaels. Please state your question.
CM: Hi, Joe. I've got a few questions.
JH: Hi, Chuck.
CM:Well, first one, actually isn't even a question so much as I read an article that indicated that I was not aware of this previously that flight attendants actually have health issues just from the light that comes into the airplanes, like on commercial aircraft. And I was thinking that possibly that might be something to check into in terms of marketing SPD.
JH: Right. And that's similar to what we call truckers arm. If you look at the left arm of most truckers, they have a higher incidence of skin cancer because their elbows are sitting right next to the glass or out the window.
And we've blocked so much UV that is certainly a health benefit there. The other thing that is a little bit crazy is the restrictions that the flight attendants unions placed on their flight attendants that are not necessarily in the flight attendants' best interest.
They can't require them to open and close windows, for example. So you notice sometimes when you land, they'll make an announcement, voluntarily, please close your window. We're flying into Miami International or whatever other hot climate you're in.
But they can't require the and that would be much better for the passengers and for the flight attendants. But yes, the health issues are things that we're very cognizant of and we've had discussions about why this would be good for health.
CM: Okay, good. Another thing was, actually I sent a question about it. I don’tknow if you covered it.. I got in about 5 minutes late on the conference call, but I was wondering with Gauzy had a press release about this CarVision camera system. And I was wondering if that is your technology or not?
It doesn't. The smart light tech, which is the safety tech division where they have cameras on buses and things, is a very sophisticated AI base, if that's what you're talking about. Moving ahead a little bit, cars have a lot of sensors and glare can really blind these sensors. So I wouldn't roll out the possibility of maybe not in Gen 1 of these things, but maybe in Gen 2, the SPD having a more meaningful role in protecting or enhancing the ability of these sensors to do their job and in some cases protecting the sensor from damage.
CM:: I see. Okay. And one more thing. I was noticing in your financials in your press release that cash and cash equivalents current amount as of the end of September was about double what the decrease in cash and cash equivalents was during last quarter. So are you going to be raising more funds or how is that going to be dealt with?
JH: We don't need to. As I think we said in the press release, we don't anticipate raising capital unless there's a strategic reason like Mercedes wants to make an investment in us or something like that for the next 5 years at least. I think we're going to be fine. Okay. All right. Very good.
CM Thank you.
JH:With our loss going down yes, with our loss going down so dramatically.
CM: Right. That helps. Okay. Thank you.
JH: Yes, it definitely does. Thanks.
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