Research Frontiers and AIT Group Unveil Revolutionary Retrofittable SPD-SmartGlass Window At AIA Conference on Architecture & Design in Washington DC

Core Viewpoint - Research Frontiers Inc. and AIT Group have introduced a retrofittable SPD-SmartGlass window system, the Thermolite RetroWAL SPD, which will be showcased at the AIA Expo 2024, marking a significant advancement in energy-efficient window technology [1][7]. Company Overview - Research Frontiers Inc. is a publicly traded technology company that specializes in patented SPD-Smart light-control film technology, allowing for instant and precise control of glass shading [8]. - AIT Group is a leading manufacturer of advanced functional glass solutions and a licensee of Research Frontiers' technology, focusing on dynamic glazing and occupant comfort applications [9]. Product Innovation - The Thermolite RetroWAL SPD system allows existing windows to be retrofitted with SPD-SmartGlass technology, providing energy efficiency and modern functionality without the need for complete window replacements [4][5]. - The SPD-Smart film technology enables users to change window tint from clear to dark at the touch of a button or through smart devices, enhancing comfort and reducing heat and glare [2][3]. Market Potential - The global smart glass market is projected to reach $124 billion by 2028, growing at a CAGR of 22.8% from 2023 to 2028, driven by architectural and mobility applications [6]. - Approximately 80% of flat glass produced globally is used in building and construction, indicating a significant opportunity for the adoption of smart glass technologies [6]. Regulatory Environment - The U.S. Federal Government's Dynamic Glass Act, passed in August 2022, offers investment tax credits of 30-50% for electrically-controlled variable tint materials, promoting the adoption of smart glass technologies [6].