Core Insights - Gauzy Ltd. has been selected by Air France-KLM Group to provide its electromechanical shading system for the airline's new La Première first-class suites, marking a significant opportunity for the company in the airline shading and lighting market, which is valued at $600 million annually and expected to grow at a CAGR of 6.4% from 2023 to 2028 [1][2] Company Overview - Gauzy is a leader in vision and light control technologies, with a focus on research, development, manufacturing, and marketing of these technologies across various industries [5] - The company has a strong presence in the airline industry, particularly in cockpit shading, where it holds over 95% market share, and is expanding its footprint in cabin shading [2][3] Strategic Partnerships - The partnership with Air France exemplifies Gauzy's strategy to align with industry leaders to enhance passenger experience, integrating advanced shading technology into premium airline offerings [3][4] - Gauzy's technology allows passengers to control light settings in their suites, enhancing comfort and privacy, while also providing operational efficiencies for airline crew [3] Market Position and Growth - Gauzy is in serial production for cabin shades with several airline OEMs, including Embraer and HondaJet, and aims to expand its technology into architecture and automotive sectors [2] - The company is committed to leveraging its expertise in light and vision control to drive innovation and achieve growth objectives [4]
Gauzy is Proud to Announce Air France Selection of Gauzy’s Technology for its New 5-Window La Première First-Class Suites on Boeing 777 Models