Board Change • Jul 30
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 6 non-independent directors. Director Renah Persofsky was the last director to join the board, commencing their role in 2026. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • May 01
Gauzy Ltd. announced delayed 20-F filing On 04/30/2026, Gauzy Ltd. announced that they will be unable to file their next 20-F by the deadline required by the SEC. Announcement • Mar 21
Gauzy Ltd Announces Receipt of Nasdaq Notification Regarding Minimum Bid Price Deficiency Gauzy Ltd. announced that on March 17, 2026 it received a notification letter from the Listing Qualifications Department of The Nasdaq Stock Market LLC, notifying the Company that it is currently not in compliance with the minimum bid price requirement set forth under Nasdaq Listing Rule 5450(a)(1). The notification was issued because the closing bid price of the Company’s ordinary shares was below $1.00 per share for 30 consecutive business days, which is the minimum bid price requirement under Nasdaq Listing Rule 5450(a)(1). The notice has no immediate effect on the listing or trading of the Company’s ordinary shares on Nasdaq. In accordance with Nasdaq Listing Rule 5810(c)(3)(A), the Company has been provided a 180-calendar-day compliance period, or until September 14, 2026, to regain compliance with the minimum bid price requirement. If at any time during this period the closing bid price of the Company’s ordinary shares is at least $1.00 per share for a minimum of ten consecutive business days, Nasdaq may provide written confirmation that the Company has regained compliance. If the Company does not regain compliance by September 14, 2026, the Company may be eligible for an additional 180 calendar day compliance period. To qualify, the Company will be required to meet the continued listing requirement for market value of publicly held shares and all other initial listing standards for the Nasdaq Capital Market, with the exception of the bid price requirement, and will need to provide written notice of its intention to cure the deficiency during the second compliance period, by effecting a reverse stock split, if necessary. If the Company meets these requirements, Nasdaq will inform the Company that it has been granted an additional 180 calendar days. However, if it appears to Nasdaq that the Company will not be able to cure the deficiency, or if the Company is otherwise not eligible, Nasdaq will provide notice that its securities will be subject to delisting. Gauzy intends to monitor the bid price of its ordinary shares and will consider available options to regain compliance with the Nasdaq listing requirement, if necessary. The notification does not affect the Company’s business operations, strategic initiatives, or the listing or trading of its ordinary shares on Nasdaq. Announcement • Mar 20
Gauzy Ltd. Announces Appointment of Joseph Tenne as Director, Chair of Audit Committee, and Member of Compensation Committee Gauzy Ltd. announced the appointment of Joseph Tenne to its Board of Directors. Mr. Tenne will also serve as the Chair of the Company’s audit committee and as a member of the compensation committee. Mr. Tenne brings more than two decades of senior financial leadership and public company governance experience across global technology and energy companies. Mr. Tenne currently serves on the board of directors of AudioCodes Ltd., MIND CTI Ltd., OPC Energy Ltd., Electreon Wireless Ltd., and Luzon Credit and Finance Ltd. His experience spans financial strategy, capital markets, corporate governance, and operational leadership across publicly listed companies in multiple industries. Previously, Mr. Tenne served as a financial executive at Itamar Medical Ltd. from May 2017 to August 2023, including as Vice President Finance and Chief Financial Officer from August 2014 to April 2017. From 2005 to 2013, he served as Chief Financial Officer of Ormat Technologies Inc., where he played a key role in supporting the company’s global growth and capital markets strategy. Earlier in his career, he served as Chief Financial Officer of Treofan Germany GmbH & Co. KG and was a partner at Kesselman & Kesselman (PwC Israel), a member firm of PricewaterhouseCoopers, advising multinational clients on financial reporting, auditing, and corporate transactions. Mr. Tenne holds a B.A. in Accounting and Economics and an M.B.A. from Tel Aviv University and is a Certified Public Accountant in Israel. With this appointment, and together with the recent additions of Michael Martin, Shlomo Bibas and Renah Persofsky to the Board, Gauzy has regained compliance with Nasdaq’s continued listing requirements related to board and committee independence under Nasdaq Listing Rules 5605(b)(1), 5605(c)(2), and 5605(d)(2). Announcement • Mar 10
Gauzy Ltd. Announces Board Appointments Gauzy Ltd. announced the appointment of new members to its Board of Directors as part of ongoing strategic initiatives to strengthen governance and support long-term growth. The newly appointed Board members, Shlomo Bibas, Michael Martin, and Renah Persofsky, bring extensive experience across global technology, capital markets, and corporate governance. Mr. Bibas brings over three decades of experience as an executive in the technology sector and is an accredited corporate director with over 17 years of experience serving on public and private boards. He previously served as a Partner at Accenture and held Chief Information Officer and Chief Technology Officer roles at global companies including Woodbridge Group, Celestica, and Apotex. Mr. Martin is Co-Founder and Chief Operating Officer of Tiberius Aerospace and previously served as a Managing Director at Walleye Capital, bringing decades of experience in capital markets and institutional investing. Ms. Persofsky serves as Executive Chair of Green Gruff Inc. and Vice-Chair (Lead Director) of Tilray Brands Inc., bringing over four decades of leadership experience across financial services, consumer products, and emerging technology sectors. Announcement • Dec 09
Glancy Prongay & Murray LLP Files Securities Fraud Lawsuit Against Gauzy Ltd Glancy Prongay & Murray LLP announced that it has filed a class action lawsuit in the United States District Court for the Southern District of New York, captioned Duong v. Gauzy Ltd., et al., Case No. 1:25-cv-10179 on behalf of persons and entities that purchased or otherwise acquired Gauzy Ltd. (‘Gauzy’ or the ‘Company’) securities between March 11, 2025 and November 13, 2025, inclusive (the ‘Class Period’). Plaintiff pursues claims under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 (the ‘Exchange Act’). Investors are hereby notified that they have 60 days from the date of this notice to move the Court to serve as lead plaintiff in this action. On November 14, 2025, before the market opened, Gauzy announced ‘the Commercial Court of Lyon, France, ordered the commencement of French law insolvency proceedings (‘Redressement Judiciaire’) relating to three subsidiaries of Gauzy located in France.’ ‘Redressement Judiciaire are French insolvency proceedings aimed at preserving a company’s business and operations, maintaining employment and repaying creditors while allowing for a plan to enable its recovery.’ The Company further revealed the ‘commencement of these insolvency proceedings in France constitutes a default under the Company’s existing senior secured debt facilities, which if not remedied could lead to an event of default.’ Finally, the Company disclosed that it will not be releasing its financial results for the third quarter of 2025 on November 14, 2025, as previously planned, due to the proceedings. The complaint filed in this class action alleges that throughout the Class Period, Defendants made materially false and/or misleading statements, as well as failed to disclose material adverse facts about the Company’s business, operations, and prospects. Specifically, Defendants failed to disclose to investors that: three of the Company’s French subsidiaries lacked the financial means to meet their debts as they became due; as a result, it was substantially likely insolvency proceedings would be commenced; as a result, it was substantially likely a potential default under the Company’s existing senior secured debt facilities would be triggered; and as a result of the foregoing, Defendants’ positive statements about the Company’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis. Announcement • Dec 03
Gauzy Ltd. announced that it has received $12 million in funding from Revolution Gelato: Ford Factory, LLC, OIC, L.P. Gauzy Ltd. announced private placement of common shares for gross proceeds of $12,000,000 on December 2, 2025. The transaction includes participation from existing investors and stakeholders led by Chutzpah Holdings and Orion Infrastructure Capital (OIC), an existing senior lender. Announcement • Dec 02
Gauzy Ltd. Announces Board Composition Changes with Departure of Directors Alejandro Weinstein and Yishai Klein Gauzy Ltd. disclosed that board members Alejandro Weinstein and Yishai Klein have stepped down from their positions as directors to pursue other interests. Both Mr. Weinstein and Mr. Klein have expressed their continued support for Gauzy and remain committed to assisting the Company in its ongoing efforts to execute business operations, strategic initiatives, and secure additional funding beyond the investments announced December 2, 2025. Announcement • Nov 19
Gauzy Ltd. Partners with Renault Trucks and French Government Innovation Program to Accelerate Adas for Commercial Vehicles, Unveiled At Solutrans 2025 Gauzy's AI-powered Smart-Vision CMS is integrated into Renault Trucks' DOLPHIN concept truck, advancing intelligent driver assistance solutions for commercial vehicles in line with emerging European regulations. Featured in Ford's F-MAX at Solutrans, Gauzy's Smart-Vision CMS, already in serial production, demonstrates proven driver safety performance across commercial vehicle platforms. The DOLPHIN program is a government-backed research and demonstration initiative supported by France Relance and France 2030, French government programs that promote industrial innovation and the transition toward sustainable mobility. Focused on advancing electric and connected truck technologies, DOLPHIN brings together industrial and academic partners to combine expertise in vehicle design, aerodynamics, driver perception, and safety systems. The goal is to develop next-generation solutions that make trucks safer, more efficient, and better connected to their surroundings. Gauzy serves leading brands across aeronautics, automotive, and architecture in over 60 countries through direct fulfillment and a certified and trained distribution channel. Announcement • Nov 07
Gauzy Ltd. to Report Q3, 2025 Results on Nov 14, 2025 Gauzy Ltd. announced that they will report Q3, 2025 results Pre-Market on Nov 14, 2025 Announcement • Oct 07
Gauzy Ltd. Debuts Its Next-Generation AI-Powered ADAS Technology for Buses, Smart-Vision® CMS at Busworld 2025 Gauzy Ltd. unveiled its next-generation Smart-Vision Camera Monitor System (CMS) for the bus and coach market at Busworld 2025, the world's premier bus and coach exhibition. The advanced driver assistance system (ADAS), featuring AI-driven safety enhancements, is showcased in Gauzy's Booth 711, Hall 7, and on four buses in Yutong's Booth 305, Hall 3, the bus OEM. Incorporating Ambarella's cutting-edge CVflow AI Systems-on-Chip (SoCs), including the ASIL C certified CV2FS AI SoC, Gauzy's next-generation AI-powered Smart-Vision CMS delivers real-time object detection, adaptive overlays, and advanced driver assistance functions with AI performance per watt, low latency, and superior image quality. The collaboration with Ambarella, a global leader in edge AI perception processing, enables Smart-Vision to provide drivers with reliable visibility in all lighting and weather conditions, automated hazard detection, and predictive safety features that significantly reduce blind spots and collision risks. Gauzy's Smart-Vision CMS is deployed in over 20,000 buses across hundreds of cities worldwide. With this next-generation launch, the company sets a new standard in bus safety and driver assistance, reinforcing its position as a trusted technology partner to leading OEMs. The AI-powered Smart- Vision CMS was previously introduced for trucks with Ford at IAA Mobility last year and has since been deployed across thousands of commercial vehicles. Gauzy's Smart- Vision CMS is designed in line with UNECE standards, including BSIS (R151) and MOIS (R159), enabling OEMs to achieve vehicle homologation. The system also holds certification under UN R46, R10, and R118, meeting key safety and homologation requirements. Designed for seamless integration into any commercial bus model, Smart-Vision is among the most adaptable and scalable CMS solutions available today. By aligning with global Vision Zero initiatives, Gauzy reinforces its commitment to safer and more sustainable urban mobility. Forward-generation AI-powered AI-powered AI Systems, the world's largest bus OEM. Announcement • Sep 17
Gauzy Ltd. Announces Resignation of Michael Donnelly as Director, Effective September 16, 2025 Gauzy Ltd. announced that Michael Donnelly has resigned from its Board of Directors, effective September 16, 2025, for personal reasons. Mr. Donnelly confirmed he has no disagreement with the Company, its management, or its Board of Directors on any matter related to the Company’s operations, policies, or practices, and that his decision to resign was made solely for personal reasons. Announcement • Jul 16
Gauzy Ltd. to Report Q2, 2025 Results on Aug 13, 2025 Gauzy Ltd. announced that they will report Q2, 2025 results Pre-Market on Aug 13, 2025 Announcement • Jul 06
Gauzy Ltd., Annual General Meeting, Aug 07, 2025 Gauzy Ltd., Annual General Meeting, Aug 07, 2025. Location: 14 hathiya street, 6816914., tel aviv Israel Announcement • Jul 02
Gauzy Announces First-Ever Prefabricated Smart Glass Stack for Automotive, Unlocking Scalable, High-Volume Adoption Gauzy Ltd. unveiled a turnkey solution designed to maximize manufacturing efficiency and accelerate smart glass adoption in the automotive sector: the first prefabricated smart glass stack. This fully industrialized product aims to support scalable integration across vehicle platforms while delivering strong value for investors. The ready-to-laminate smart glass stack combines dimmable smart glass films, conductive elements, and adhesive layers into a single, fully industrialized unit, engineered specifically for Tier-1 suppliers and OEM glass fabricators. By eliminating costly and time-consuming post-processing steps, the technology simplifies manufacturing, reduces space needs, and lowers financial barriers, enabling new players to enter the smart glass market with faster production timelines. Smart glass is establishing itself as a critical technology for passenger vehicles and the evolving landscape of electric, autonomous, and connected mobility. The global automotive smart glass market is projected to reach $25 billion by 2028, growing at a CAGR of over 11%. More broadly, the global smart glass market is expected to exceed $20 billion by the end of the decade, driven by rising demand for dynamic glazing solutions that enhance user experience, reduce energy consumption, and increase design flexibility. With annual production capabilities exceeding 180,000 square meters (more than 1.9 million square feet) of smart glass film, Gauzy's prefabricated stacks are ideally positioned to support a broad spectrum of vehicle programs from niche models to large-scale OEM platforms. This scalable model improves operating leverage and unlocks predictable, high-margin revenue opportunities through Tier-1 and OEM B2B channels. Strategic Foothold in the U.S. Market & OEM Adoption Momentum: Gauzy's North American expansion is bolstered by a strategic collaboration with Hotlineglass-USA, a certified Tier-2 automotive supplier. The partnership supports localized manufacturing and aligns with domestic OEMs' push for innovation and supply chain resiliency. Multiple Tier-1 suppliers and vehicle programs are currently evaluating Gauzy's prefabricate stacks for integration into late 2025 through 2027 production platforms, including electric and premium vehicle segments. Announcement • May 14
Gauzy Ltd. Reaffirms Revenue Guidance for Full Year 2025 Gauzy Ltd. reaffirmed revenue Guidance for full Year 2025. For the period, the company expects full year revenue to be in the range of $130 million to $140 million, representing more than 30% growth at the midpoint compared to 2024. Announcement • Apr 30
Gauzy Ltd. to Report Q1, 2025 Results on May 13, 2025 Gauzy Ltd. announced that they will report Q1, 2025 results Pre-Market on May 13, 2025 Announcement • Apr 23
Research Frontiers, Gauzy and Mercedes-Benz Debut SPD-SmartGlass in Innovative Dual Smart Glass configuration at Auto Shanghai 2025 in Mercedes Vision V's Dynamic Luxury Van Research Frontiers Inc. announced that its patented SPD (Suspended Particle Device) technology is featured in the new Mercedes-Benz Vision V show car, unveiled at Auto Shanghai 2025. Approximately 75% of the Vision V's glazing area incorporates advanced smart glass technology, utilizing SPD film licensed by Research Frontiers and manufactured by Gauzy Ltd. This milestone highlights the continued and growing use of SPD-SmartGlass technology across the automotive industry to meet the rising demand for comfort, energy efficiency, privacy, and personalization. Mercedes-Benz was the first automaker to introduce SPD-SmartGlass into serial production with its MAGIC SKY CONTROL panoramic roofs, initially featured in the SLK and SL Roadster models. Since then, SPD-SmartGlass has been incorporated into multiple Mercedes production models, including the prestigious Mercedes-Maybach and S-Class, helping redefine the luxury driving experience by providing instant, tunable shading that significantly reduces unwanted cabin heat and glare. Proven benefits of SPD-SmartGlass technology include: Significant cabin temperature reduction: SPD-SmartGlass can lower cabin temperatures by up to 18 degrees Fahrenheit (10 degrees Celsius) compared to conventional glass, reducing reliance on air conditioning systems and enabling AC compressors to be up to 40% smaller. Instant response: Unlike traditional electrochromic technologies, SPD-SmartGlass allows for virtually instant adjustment to changing light and heat conditions. More usable cabin space: By eliminating the need for bulky mechanical sunshades, SPD-SmartGlass provides more headroom, additional interior space, and greater design flexibility for vehicle interiors. Energy savings and sustainability: SPD-SmartGlass reduces air conditioning loads, helps extend the driving range of internal combustion engine (ICE) and electric vehicles by up to 5.5%, and can reduce CO2 emissions in vehicles by up to 4 grams/kilometer. Personalized passenger experiences: Adjustable transparency allows passengers to dynamically control their environment for comfort, privacy, and immersive digital content integration. Beyond Mercedes-Benz, SPD-SmartGlass has be adopted in production vehicles by other leading automotive brands such as Cadillac, Ferrari and McLaren. SPD technology is also integrated into various Airbus, Boeing and other aircraft, luxury yachts, high-speed and luxury trains, and architectural projects, demonstrating its versatility and superiority over competing light-control technologies. The Mercedes-Benz Vision V show cars marks the first use of Gauzy's dual smart glass stack combining SPD and PDLC technologies into a single glass unit for the automotive industry. This innovation delivers seamless transitions between transparent, shaded, and private states across side and quarter windows, while also creating projection surfaces for digital content and flexible, adaptive privacy zones within the vehicle. Research Frontiers congratulates Mercedes-Benz and Gauzy on the unveiling of the Vision V and looks forward to continuing to support the growing adoption of SPD-SmartGlass technology worldwide. Announcement • Apr 14
Gauzy Ltd. Unveils 11,000Sqft Smart Glass Projection Display in MSC's New Miami Terminal Gauzy Ltd. announced the official reveal of its smart glass facade, enabling one of the world's large transparent displays, at the inauguration of the new MSC Terminal in Miami, Florida. The recently completed Miami landmark redefining the city's skyline is the large and most technologically advanced cruise ship terminal in the world. More than 11,000 square feet (1,100 square meters) of Gauzy's exterior-grade grey PDLC (polymer dispersed liquid crystal) adhesive smart film has been integrated into 75% of the terminal's glass facade. Gauzy's smart glass transparent display fulfills the project's public artworks ordinance requirement, which mandates the integration of artistic elements into major developments. In this case, the smart glass serves both a functional role and also an artistic one, offering a unique solution where digital displays can qualify toward the percentage of project value typically allocated to public art under city planning regulations. The MSC Miami Terminal installation highlights Gauzy's opportunities in two rapidly expanding markets. Gauzy has an established presence in Miami, one of the fastest growing U.S. real estate and development markets. The company has completed several notable projects with new projects in the pipeline for South Florida, underscoring the burgeoning demand for innovative building materials in the region. With this monumental project, Gauzy, MSC, and Fincantieri Infrastructure set a new benchmark for how sustainable technology and immersive art can seamlessly merge into global travel hubs, redefining passenger experience on and off cruise ships. Announcement • Mar 12
Gauzy Ltd. Provides Earnings Guidance for the Full Year 2025 Gauzy Ltd. provided earnings guidance for the full year 2025. For the year Company expects full year revenue to be in the range of $130 million to $140 million, representing approximately 30% growth at the midpoint compared to 2024. Announcement • Feb 28
Gauzy Ltd. to Report Q4, 2024 Results on Mar 11, 2025 Gauzy Ltd. announced that they will report Q4, 2024 results Pre-Market on Mar 11, 2025 Announcement • Jan 09
Gauzy Ltd. Unveils New Black Suspended Particle Device (Spd) Smart Glass Technology At Ces 2025 Gauzy Ltd. announced that it has unveiled its latest suspended particle device (SPD) Smart Glass technology at CES 2025, the most influential tech event in the world. Gauzy’s first-ever black SPD Smart Glass technology has a distinguishable black appearance and was created to accommodate the robust demand from the three strong and growing markets that the company targets – the automotive, aeronautics, and architecture industries – for a dark and neutral colored dimmable glass that enhances design while supporting visual and thermal comfort. This new product has been developed to continue offering the same appreciated performance of the existing SPD products sold by Gauzy and currently adopted in the market, while offering the neutral black color the market has requested. Gauzy expects the black SPD product to be available for commercial orders and serial production in the future. This latest innovation positions Gauzy to further solidify its already dominant market share within the smart glass industry. The popularity of SPD Smart Glass – as well as polymer dispersed liquid crystal (PDLC) Smart Glass, which the company also develops and manufactures – continues to rise due to its numerous advantages over traditional shading systems and other smart glass solutions, including its ability to transition from clear to fully opaque within seconds, block more than 99% of visible light, reduce energy consumption, regulate temperature control, increase headroom in vehicles by at least two inches, extend driving ranges in electric vehicles, and its ability to be retrofitted to existing structures, vehicles, aircraft, among other strategic benefits. As a result, the SPD Smart Glass market is expected to grow at a compound annual growth rate of 9.9% from 2024-2031, reaching $13.4 billion in value by the end of 2031. The new black SPD Smart Glass technology by Gauzy will be on display throughout the duration of CES at Gauzy’s Booth #6516 in the Automotive West Hall. Gauzy invites all CES attendees to stop by and experience the many features of SPD technology and discover why a growing number of world-renowned OEMs like Ferrari, McLaren, Mercedes, and Cadillac have chosen to incorporate SPD into their automotive designs in serial production. Gauzy is also showcasing several other of its groundbreaking solutions at its booth at the world’s most powerful tech event, including introducing its newly-announced Solar Powered LCG® for the first time in the U.S. This transformative technology redefines the capabilities of smart glass. By embedding Gauzy’s LCG® PDLC and SPD technologies with transparent solar cells, Gauzy enables smart glass to harvest energy from the sun. This integration of solar cells with Gauzy’s light control technologies allows the panels to generate and harvest electricity that can be used to power electrical devices within a vehicle or building, including the smart glass system itself, providing an alternative source of energy that can contribute to reduced operating costs and increased sustainability and energy efficiency initiatives across industries. Moreover, additional light and vision control products of Gauzy’s that increase safety, comfort and sustainability are on display in the company’s booth, including smart glass sunroofs, side door windows and sun visors with either SPD or PDLC technology, its AI-powered advanced driver assistance system (ADAS) Smart-Vision® for buses and trucks; a 55" LG Display T-OLED with segmented SPD and smart glass and shading solutions for commercial and private aircraft as well as railway. Announcement • Dec 03
Gauzy Appoints Lilach Payorski to Its Board of Directors and Chair of Its Audit Committee Gauzy announced the appointment of Lilach Payorski to its Board of Directors and Chair of its Audit Committee, effective immediately. Payorski brings more than 25 years of leadership experience in financial and operational roles in public and multinational companies across various industries, including currently serving on the boards of NASDAQ-listed companies Oddity Tech and Kamada Ltd. Payorski previously served as CFO and Senior Vice President, Corporate Finance of Stratasys Ltd., and also held key managerial positions with PMC-Sierra Inc., Check Point Software Technologies, Wind River Systems and Ernst & Young. Payorski holds a B.A. in Accounting and Economics from Tel Aviv University and has completed the Board of Directors and Senior Corporate Officers Program at LAHAV, School of Management, Tel Aviv University. She has served in leadership roles in capital fundraising, mergers and acquisitions, and business strategy, making her a valuable addition to Gauzy. Announcement • Nov 19
Gauzy Ltd. to Present and Feature Advanced Driver Assistance System Equipped Bus At Barclays 15Th Annual Global Automotive and Mobility Tech Conference Gauzy Ltd. announced that its senior management will present at the Barclays 15th Annual Global Automotive and Mobility Tech Conference on Wednesday, November 20, 2024 in New York. Gauzy’s Smart-Vision increases visibility to reduce blind spots, improving safety and increasing driver confidence. This system is the only known system in the United States that can fully replace traditional side and rear-view mirrors with cameras and displays. Smart-Vision® is currently implemented on buses in various districts in New York, with the latest being the Capital District Transportation Authority (CDTA), and now is in over 80 cities worldwide, all choosing Gauzy as a critical component in programs designed to improve road safety. Announcement • Nov 13
Gauzy Ltd. Reiterates Financial Guidance for the Fourth Quarter 2024 Gauzy Ltd. Reiterated financial guidance for the Fourth Quarter 2024. The Company is reiterating its expectations for revenue in the fourth quarter 2024 to be in a range of $28 million to $34 million. Announcement • Nov 02
Gauzy Ltd. to Report Q3, 2024 Results on Nov 12, 2024 Gauzy Ltd. announced that they will report Q3, 2024 results Pre-Market on Nov 12, 2024 Announcement • Nov 01
Gauzy Ltd Provides Revenue Guidance for the Third Quarter Ended September 30, 2024 and Full Year Ending December 31, 2024 Gauzy Ltd. provided revenue guidance for the third quarter ended September 30, 2024 and full year ending December 31, 2024. For the third quarter 2024 revenues are expected to be in a range of $23.0 million to $23.5 million compared to $18.7 million in the third quarter 2023, equating to approximately 24% growth at the midpoint.
For the fourth quarter 2024, revenue is expected to be in a range of $28 million to $34 million compared to $22.0 million in the fourth quarter 2023, equating to approximately 41% growth at the midpoint. Announcement • Oct 11
Gauzy Ltd. Announces Advanced Driver Assistance System (Adas) Fully Replaces Traditional Side Mirrors on Capital District Transportation Authority of New York's Public Buses Gauzy Ltd. announced that its advanced driver assistance system (ADAS) has fully replaced traditional side mirrors on the Capital District Transportation Authority (CDTA) of New York's public buses. Gauzy's Smart-Vision camera monitor system (CMS) was unveiled on CDTA's buses at a special ceremony on October 3, 2024, signifying the next phase of CDTA's multi-year phase-in program designed to improve road safety. This milestone demonstrates CDTA's confidence in the technology's ability to optimize visibility by reducing blind spots. The Smart Vision® CMS was installed on the CDTA buses by Luminator Technology Group, who serves as Gauzy’s exclusive distribution partner for transit agencies in North America and markets the system as Luminator Video Mirror in the region. Gauzy has been quickly capturing market share across North America, Europe, Asia and Australia as transportation officials have demonstrated heightened interest in ADAS and expediting the necessary regulatory approvals required to install it in public buses and coaches. As a result, Gauzy estimates that its cumulative sales for its commercial vehicle CMS/ADAS will surpass $100 million by the end of 2025. A renewed global emphasis on improving road safety has fueled a surge in demand for innovative systems like Smart-Vision®, and CDTA is just one of several major transit systems in the U.S. that are utilizing the system to help advance their own road safety objectives. Gauzy expects to announce new or expanded agreements with additional public transportation agencies for its ADAS technology in the near-future. The Smart-Vision® CMS is compatible on both 40- and 60-feet long bus models. The system eliminates the need for mirrors altogether, replacing them with a compact aerodynamic camera design and ergonomic friendly interior displays that are proven to reduce fuel consumption, provide drivers with greatly improved awareness of their surroundings and minimize risk of collision with obstacles. It also is able to instantly and automatically adjust its interior displays depending on varying light conditions such as the brightness in a tunnel, darkness at night or in rainy weather conditions. Moreover, its cameras are not affected by the glare of the sun or other light sources that can impair a driver’s vision, thereby generating better driving comfort while also reducing driver fatigue. The system, which is available for new vehicles or retrofit, is fully homologated as per UNECE standards and is proven to reduce costs associated with accidents by up to 60%. Announcement • Sep 16
Gauzy Ltd to Unveil Next Generation AI-Powered Advanced Driver Assistance System (ADAS) for Commercial Trucks Gauzy Ltd. announced that it will be unveiling the first generation of its AI-powered advanced driver assistance system (ADAS) exclusively for commercial trucks at IAA TRANSPORTATION 2024, which takes place from September 17 – 22, 2024 at the Deutsche Messe AG venue in Hannover, Germany. Gauzy’s ADAS for commercial trucks, which Ford Trucks has chosen to integrate into select vehicles, will allow the Company to generate additional revenue from its Safety-Tech division by capitalizing on the strong and growing demand for its innovative Smart-Vision® camera monitor system (CMS) that improves safety and fleet efficiency and reduces fuel consumption in the global commercial trucking industry, valued at more than $2.2 trillion. Gauzy’s Smart-Vision® CMS enables commercial truck operators to have increased visibility of the road from multiple vantage points by eliminating blind spots; it also is programmed to send drivers real-time notifications to enable them to make smarter and safer decisions. The system, which seamlessly integrates with any commercial truck model or trailer, replaces rear-, front- and side-view mirrors with high-quality interior displays and high-definition cameras affixed to the exterior of commercial trucks, providing drivers with a wider, less restricted view of their surroundings for easier maneuvering and higher accuracy when backing up and parking. Utilizing artificial intelligence, Gauzy’s Smart-Vision® system offers advanced features unprecedented in the market with its self-learning and predictive capabilities. Adaptive maneuver lines are shown on the system’s display while a commercial truck is in motion and also during trailer calibration so that drivers are able to clearly see the space left between the trailer and an obstacle. This feature helps address depth perception constraints that are inherently restrictive in mirrors. Additionally, the system is equipped to protect vulnerable road users (VRU) by accurately detecting a range of road obstructions, such as a pedestrian or cyclist on the road. The end result is a cutting-edge system that has proven to reduce accidents and make roadways safer around the world, enhance fleet performance with automated procedures, and lower the amount of CO2 emitted. Unlike other ADAS currently available, Gauzy’s is the first to offer backward panning functionality while a commercial truck is in reverse. What’s more, an extra panning option is available to provide drivers with a direct line of sight behind a vehicle while turning, which eliminates blind spots and offers a solution to what has historically been a major source of accidents in the trucking industry. When a driver shifts into reverse gear, the CMS’ maneuver mode is activated, signaling for a camera with zoom capabilities to be displayed on one of the interior screens that shows the driver exactly where the trailer is positioned and where it ends. All of these features lead to easier, stress-free and faster maneuverability and add peace of mind for drivers. Surveillance mode is another differentiator of the Gauzy Smart-Vision® CMS, providing trucking operators with an added measure of security by enabling them to monitor their trucks from a distance. The system has the capability to record suspicious activity and send notifications directly to drivers’ mobile devices anytime a camera depicts movement around the vehicle, helping mitigate the risk of theft and vandalism. This feature allows drivers to feel more comfortable spending time away from their vehicles, especially when transporting expensive and/or valuable merchandise across cities, states and countries. Announcement • Aug 01
Gauzy Ltd. to Report Q2, 2024 Results on Aug 08, 2024 Gauzy Ltd. announced that they will report Q2, 2024 results Pre-Market on Aug 08, 2024 Announcement • Jul 16
Gauzy Ltd. Provides Preliminary Unaudited Revenue Guidance for the Second Quarter and First Half Ended June 30, 2024 Gauzy Ltd. provided preliminary unaudited revenue guidance for the second quarter and first half ended June 30, 2024. For the quarter, the company expects revenues to be in a range of $24.0 million to $24.5 million compared to $19.9 million in the prior year quarter. First half 2024 revenues are expected to be in a range of $48.7 million to $49.2 million, compared to $37.4 million in the prior year period. 