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Research Frontiers Inc (REFR) is at the forefront of light-control technology through its pioneering SPD-SmartGlass™. A leading developer and licensor, the company has created a robust infrastructure of over 40 licensees globally, enabling them to address the growing demand for smart glass products across various sectors, including automobiles, homes, buildings, aircraft, boats, and display applications.
The core of their technology lies in suspended particle devices (SPDs). This innovative approach involves a thin film laminate containing rod-like nano-scale particles suspended in a liquid, positioned between two glass or plastic layers. In the absence of voltage, these particles are randomly organized, blocking and absorbing light. When voltage is applied, the particles align, allowing light to pass through. By varying the voltage, the orientation of the particles is altered, regulating the tint and the amount of light transmitted. This unique feature allows SPDs to be manually or automatically tuned to control light, glare, and heat, significantly reducing the need for air conditioning.
Research Frontiers generates revenue by licensing its patented SPD technology to various companies. These partners manufacture and market the SPD-Smart chemical emulsion, produce light-control film, and create light-control panels by laminating the film. They also provide electronics to power these end-products and lamination services.
With a commitment to innovation and quality, Research Frontiers continues to make significant strides in the smart glass industry. Their ongoing projects and partnerships reflect their dedication to enhancing the functionality and efficiency of light-control technologies.
Research Frontiers Inc. (Nasdaq: REFR) reported its financial results for Q4 and full-year 2022, revealing strong expectations for revenue growth driven by new product introductions. Management anticipates that major car manufacturers, including Cadillac and Ferrari, will begin using the company's patented SPD-SmartGlass technology in their models. As of December 31, 2022, Research Frontiers had approximately $4.2 million in cash and equivalents, with no debt, and sufficient working capital to sustain operations for at least the next five years. A conference call to discuss these results took place on March 9, 2023.
WOODBURY, NY, March 6, 2023 – Research Frontiers (Nasdaq: REFR) will announce its fourth quarter and full-year 2022 financial results on March 9, 2023.
The company will host a conference call at 4:30 PM ET on the same day to discuss these results and recent developments. Joseph M. Harary, President & CEO, will lead the call. Interested parties can join by dialing 1-888-334-5785. A replay will be available for 90 days following the event on their website smartglass-ir.com.
FAQ
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