Glare is a major safety and comfort issue for drivers and
passengers. Imagine driving down the road, turning into the sun,
and having your sun visor automatically and instantly darken to
block the glare. This product is currently being developed in
Michigan by Daimay North America Automotive using patented
SPD-Smart light-control film technology invented by Research
Frontiers (Nasdaq: REFR) and licensed to Daimay. The visor uses a
light sensor to automatically and dynamically adjust the sun visor
to deal with changing light and glare conditions.
SPD-Smart light control film, invented and
patented by Research Frontiers, is a key component in
SPD-SmartGlass products. This film allows users to instantly,
precisely and uniformly control the shading of glass or plastic
products, either manually or automatically at the touch of a
button. 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.
Jay Wang, CEO of Daimay North America, noted:
“Daimay is a leading supplier of automotive sunvisors. This product
continues our tradition of providing our automotive OEM customers
with the highest quality and most innovative and functional
products in the industry. Research Frontiers’ SPD-SmartGlass had
the best performance, and the best demonstrated reliability already
proven countess times in the automotive industry. This product will
allow our customers to make passengers more comfortable and
safer.”
Joseph M. Harary, President and CEO of Research
Frontiers, noted: “SPD-Smart sunvisors will allow drivers and
passengers much-needed relief from dangerous glare. For added
safety, the SPD-Smart sunvisor can instantly darken without
requiring the driver to take his or her hands off of the steering
wheel while driving. We are pleased to have been working with
Daimay, which is the world’s leading automotive sun visor
supplier.”
SPD-SmartGlass light-control technology offers
instant and uniform control of the tint of windows that permits
them with the touch of a button or automatically using a
smartphone, tablet, smart speaker, smart home systems, or other
control devices to change tint from dark (blocking over 99.5% of
light and 95% of heat) to clear, or any level in between. This
saves energy, creates privacy, and increases comfort and
security.
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.
Research Frontiers patented SPD-SmartGlass
technology is the same best-selling smart window technology that
can be found on various car models from Daimler, McLaren
Automotive, and other auto makers. The MAGIC SKY CONTROL feature,
which is now in use on tens of thousands of Mercedes-Benz SLs,
SLC/SLKs, Maybach and S-Class models around the world, and more
recently on four announced McLaren models, uses patented
SPD-SmartGlass technology developed by Research Frontiers to turn
the roof transparent by electrically aligning tiny particles in a
thin film within the glass. With the touch of a button, drivers and
passengers can instantly change the tint of their roof to help keep
out harsh sunlight and heat, and create an open-air feeling even
when the 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 the cabin cooler, and protecting passengers and interiors
while also enhancing security inside the vehicle. These benefits
become even more important when a car uses large surface areas of
glass, especially in warm climates.
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.
Shortly after its introduction into serial
production in the automotive industry, SPD-SmartGlass has become
standard equipment on many different aircraft, and is also used in
residential and commercial architectural applications, in trains,
yachts and other marine vehicles, in display applications, and to
protect light-sensitive artwork and documents in major museums
around the world.
About Daimay
Daimay North America Automotive, Inc. is
headquartered in Redford, Michigan and is a subsidiary of Shanghai
Daimay Automotive Interior Co., Ltd. Daimay is a publicly traded
company on the Shanghai Stock Exchange which engages in the
research and development, production, and sale of car components
and auto parts. Its products include sun visors, steering wheels,
headrests, overhead consoles, armrests, headliners, and rear vanity
mirrors. The company is a Tier 1 supplier to the automotive
industry and was founded on February 20, 2001. It is headquartered
in Shanghai, China, and employs approximately 8,500 people with
revenues of $4.8 billion.
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 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. “MAGIC SKY CONTROL” and “Mercedes-Benz” are
trademarks of Daimler AG.
For further information, please contact:
Jay Wang, CEO Daimay Automotive North America
jay.wang@daimayus.com
Joseph M. Harary President and CEO Research Frontiers Inc.
+1-516-364-1902Info@SmartGlass.com
Research Frontiers (NASDAQ:REFR)
Historical Stock Chart
From Aug 2024 to Sep 2024
Research Frontiers (NASDAQ:REFR)
Historical Stock Chart
From Sep 2023 to Sep 2024