STOCK TITAN

GAUZY LTD. DEMONSTRATES SMART CITY APPLICATIONS WITH RESEARCH FRONTIERS SPD TECHNOLOGY AT CES THIS WEEK

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Neutral)
Tags
Rhea-AI Summary

Research Frontiers Inc. (Nasdaq: REFR) and Gauzy Ltd. showcased their SPD-Smart light-control technology at CES 2022, marking a significant innovation in smart city solutions. This collaboration highlights the integration of smart glass technology for enhancing mobility and comfort in urban environments. SPD-Smart film allows users to adjust glass tinting, contributing to energy savings and reduced CO2 emissions. With over 40 licensees in diverse industries, Research Frontiers is positioned for growth in the established markets of automotive and architecture.

Positive
  • Strong partnerships with over 40 companies, enhancing market reach.
  • Demonstration of advanced SPD technology at CES, attracting industry attention.
  • Potential for significant energy savings and CO2 reduction in various applications.
Negative
  • None.

Las Vegas, Nevada., Jan. 03, 2022 (GLOBE NEWSWIRE) -- The idea of a truly “smart city” requires the symbiotic interaction of buildings, people, and vehicles. Never before, until this week’s CES, has one technology platform crossed across all of these areas to enhance the efficiency, comfort and functionality of how people live, work, and move. Research Frontiers Inc. (Nasdaq: REFR) and Gauzy Ltd., a world-leading vendor of material science and light-control technologies, announced today that Gauzy will be exhibiting SPD-Smart light-control technology as part of the Smart Cities exhibition at CES (North Hall Booth #9233), featuring core collaborations with key partner and Research Frontier licensee Vision Systems, and additional industry leading brands in mobility and built environments.

Gauzy’s demonstration at CES 2022 supported by valued partners provides a full smart city experience, with a focus on mobility solutions and transparent displays utilizing smart glass technology. Imagine a light-control film embedded in glass that allows users to change the glass’ tint from clear to dark or anything in between at the touch of a button, in response to commonly-used sensors, or integrated as part of a building or vehicle’s control system. This is possible with suspended particle device (SPD-Smart) film, which uses specially-engineered nanoparticles suspended and distributed throughout a flexible film which is laminated directly into glass or other transparent substrates.

Enabling cities and its occupants to travel safer, and stay better connected for more efficient operations, SPD-Smart Light Control technology by Gauzy and its partners is changing the way we interact with, and within, our surroundings. Cutting edge smart glass technologies including SPD and PDLC (polymer dispersed liquid crystal) are being integrated into various personal and mass transit vehicles, and building applications to save energy, reduce CO2 emissions, and transform glass into information, entertainment, privacy, and shading systems to enhance people’s lives.

While it might sound futuristic, SPD technology has been used reliably to replace aircraft window shades since 2001, in tens of thousands of vehicles by Mercedes and McLaren beginning in 2011, and is scheduled for introduction on upcoming car models from Cadillac and other auto makers. It also is being used in yachts, cruise ships, museums to protect priceless artwork and collectibles such as the world’s most valuable baseball cards from visible light damage, and architectural applications such as a ten-thousand square foot roof at the World’s Fair in Milan in 2015.

Now, this cutting-edge technology is being integrated into various personal and mass-transit vehicles, and building applications to save energy, reduce CO2 emissions, and transform glass into information, entertainment, privacy and shading systems to enhance people’s lives.

The CEOs of Research Frontiers and its licensees Gauzy and Vision Systems will be in attendance at CES, as well as senior executives from their technical, engineering, business, and product development groups. The exhibition led by Gauzy will be showing in the Smart City pavilion at CES various commercial applications for SPD-Smart film produced by Gauzy including electronically dimmable aircraft windows, dual-zone panoramic sunroofs, smart projection systems, and information displays that combine transparent OLED and SPD technology to turn your window into a high definition information or entertainment display that can operate in bright environments and instantly and automatically adjust to changing light conditions to produce a vibrant high-contrast display.

The products being demonstrated are based upon commercially-introduced high volume uses of SPD technology that highlight its fast switching speed, infinite control of intermediate tint, and superior range of light transmission.

The markets for SPD-Smart film are already well-established. Research Frontiers has licensed over 40 chemical, film, and glass companies which are selling products for the automotive, aircraft, marine, train, museum and consumer electronics industries. Gauzy’s established and growing network of over 55 glass fabricators worldwide brings additional synergies, infrastructure, and growth opportunities to the smart glass industry.

Research Frontiers patented SPD-SmartGlass technology is the same best-selling smart window technology that can be found on tens of thousands of various existing cars from Mercedes and McLaren, and on upcoming car models from Cadillac and other auto makers.

In addition to cars, products using Research Frontiers’ smart glass technology are being used in aircraft, yachts, trains, homes, offices, museums and other buildings. It can be used to replace mechanical shading elements in buildings and vehicles, and can create privacy on demand.

With the touch of a button, building or vehicle occupants can instantly change the tint of their windows or sunroofs to help keep out harsh sunlight and heat, and create an open-air feeling even when the window or sunroof is closed. Glass or plastic using Research Frontiers’ patented SPD-SmartGlass technology effectively blocks UV and infrared rays in both clear and darkly tinted modes, helping keep interiors cooler, and protecting occupants and interiors while also enhancing security, comfort and privacy. In vehicles such as cars and trains, some of the other benefits of SPD-SmartGlass include significant heat reduction inside the vehicle (by up to 18ºF/10ºC), UV protection, glare control, reduced noise and reduced fuel consumption. Independent calculations also show that use of SPD-SmartGlass can reduce CO2 emissions by four grams per kilometer, and increase the driving range of electric vehicles by approximately 5.5 percent.

About Gauzy Ltd.

Gauzy is a world leading vendor of material science and nanotechnology, focused on the research, development, manufacturing, and marketing of technologies which are embedded into and onto raw materials. Among Gauzy’s core areas of expertise are LC and SPD, which are used to produce LCG® (Light Control Glass). The company is headquartered in Tel Aviv Israel, with an additional production facility in Germany, and sales, marketing, and distribution sites in multiple US cities and China. Learn more at www.gauzy.com, and on LinkedIn, YouTube, and Facebook.

Gauzy has a recently-expanded state-of-the-art material synthesis facility in Israel, and a custom 11,000 square meter SPD production facility strategically located near Stuttgart, Germany. This production site is dedicated to producing 1,000,000sqm of SPD material yearly for the automotive and architectural industries. Gauzy’s state-of-the-art production techniques have brought down the cost of SPD-Smart light control technology significantly, has shortened delivery times to customers, and have added new capabilities and functionality to the world of smart glass.

About Research Frontiers Inc. 

Research Frontiers (Nasdaq: REFR) is a publicly traded technology company and the developer of patented SPD-Smart light-control film technology which allows users to instantly, precisely and uniformly control the shading of glass or plastic products, either manually or automatically. Research Frontiers has licensed its smart glass technology to over 40 companies that include well known chemical, material science and glass companies. Products using Research Frontiers’ smart glass technology are being used in tens of thousands of cars, aircraft, yachts, trains, homes, offices, museums and other buildings. For more information, please visit our website at www.SmartGlass.com, and on Facebook, Twitter, LinkedIn and YouTube.

Note: From time to time Research Frontiers may issue forward-looking statements which involve risks and uncertainties. This press release contains forward-looking statements. Actual results, especially those reliant on activities by third parties, could differ and are not guaranteed. Any forward-looking statements should be considered accordingly. "SPD-Smart" and “SPD-SmartGlass” are trademarks of Research Frontiers Inc. “LCG®” (Light Control Glass) is a trademark of Gauzy Ltd. “Cadillac” is a trademark of General Motors. “MAGIC SKY CONTROL” and “Mercedes-Benz” are trademarks of Daimler AG.

For further information, please contact:

Eyal Peso
Founder and CEO
Gauzy Ltd.
+972-72-2500385
info@gauzy.com

Brittany Kleiman Swisa
VP of Marketing
Gauzy Ltd.
+1-214-501-2469
brittany@gauzy.com

Joseph M. Harary
President and CEO
Research Frontiers Inc.
+1-516-364-1902
Info@SmartGlass.com


FAQ

What is SPD-Smart light-control technology?

SPD-Smart light-control technology allows users to adjust the tint of glass or plastic products, enhancing comfort and efficiency in buildings and vehicles.

How does Research Frontiers Inc. benefit from its partnership with Gauzy?

The partnership with Gauzy expands the market opportunities for Research Frontiers, as Gauzy brings established networks and expertise in smart glass technology.

What impact does SPD-Smart technology have on energy consumption?

SPD-Smart technology can significantly reduce energy consumption and CO2 emissions by allowing controlled shading of glass in various applications.

Where was the SPD-Smart technology showcased recently?

The SPD-Smart technology was showcased at CES 2022 in Las Vegas as part of the Smart Cities exhibition.

What industries are adopting SPD-Smart technology?

SPD-Smart technology is being adopted in automotive, aircraft, marine, and architectural industries for its energy efficiency and comfort-enhancing features.

Research Frontiers Inc

NASDAQ:REFR

REFR Rankings

REFR Latest News

REFR Stock Data

55.82M
27.57M
17.74%
9.86%
1.07%
Electronic Components
Patent Owners & Lessors
Link
United States of America
WOODBURY