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Gauzy Celebrates One Year as a Public Company: Delivering Growth, Innovation, and Long-Term Value Creation
Globenewswire· 2025-06-26 13:25
Core Insights - Gauzy Ltd. celebrates its first anniversary on Nasdaq, highlighting a year of significant revenue growth, product innovation, and strategic advancements [1][2][8] Financial Performance - FY 2024 revenue reached $103.5 million, marking a 33% year-over-year increase, with Q4 2024 revenue and gross margin at record highs of $31.1 million and 36.5% respectively [6] - The company raised $75 million in its IPO, which has fueled operational momentum across its key markets [2] Market Position and Growth - Gauzy holds a commanding 95% market share in cockpit shading for aeronautics, projected to generate $240 million in revenue over the next decade [6] - The company is expanding rapidly in the Truck & Bus Advanced Driver Assistance Systems (ADAS) segment, with over 15,000 vehicles globally equipped with its Smart-Vision® systems [6] Technological Leadership - Gauzy possesses 146 active global patents in core technologies, including LCG® PDLC Smart Glass and Smart Film, enhancing its competitive edge [5] - The company has established partnerships with industry leaders like Ambarella Inc. to advance product capabilities in emerging technologies [5] ESG and Sustainability - Gauzy's technologies contribute to energy efficiency, achieving up to 30% energy savings in vehicles and buildings, and plans to publish its first Sustainability & Impact Brief in 2026 [4] - The company is actively pursuing inclusion in ESG-focused indices and funds, aligning with sustainability trends [4] Strategic Priorities - Looking ahead, Gauzy aims to scale the adoption of smart glass technologies across automotive, architecture, and safety sectors, with a target market of $124 billion by 2032 [9][14] - The company plans to deepen partnerships with Tier-1 suppliers and global OEMs to enhance product development and market penetration [14]
Sphere Brings Its AI-Powered Mixed Reality to Vuzix Smart Glasses
Prnewswire· 2025-06-24 14:00
ROCHESTER, N.Y., June 24, 2025 /PRNewswire/ -- Vuzix® Corporation (NASDAQ: VUZI), ("Vuzix" or, the "Company"), a leading supplier of AI-powered smart glasses, waveguides and Augmented Reality (AR) technologies, today announced that the Company and Sphere Technology Holdings ("Sphere"), a leading spatial intelligence company, have collaborated to make Sphere's platform available on Vuzix M400 and M4000 AR smart glasses. This collaboration brings Sphere's advanced combination of Mixed Reality (MR) and Artific ...
Vuzix Partners with Ramblr to Unlock Use-Driven AI Assistants for Frontline Workers Wearing Smart Glasses
Prnewswire· 2025-05-29 17:21
ROCHESTER, N.Y., May 29, 2025 /PRNewswire/ -- Vuzix® Corporation (NASDAQ: VUZI), ("Vuzix" or, the "Company"), a leading supplier of AI-powered smart glasses, waveguides and Augmented Reality (AR) technologies, and Ramblr, a German AI startup that uses video intelligence to automate complex real-world tasks across industries, announced today that they have partnered to bring a new level of AI-driven intelligence and interactivity on Vuzix smart glasses to enterprise users.Imagine looking at a machine and ins ...
Vuzix to Be Added to Russell 3000 and Russell 2000 Indexes
Prnewswire· 2025-05-27 12:30
ROCHESTER, N.Y., May 27, 2025 /PRNewswire/ -- Vuzix® Corporation (NASDAQ: VUZI), ("Vuzix" or, the "Company"), a leading supplier of smart glasses, waveguides, and augmented reality (AR) technologies, today announced that it is set to join the broad-market Russell 3000® Index at the conclusion of the 2025 Russell indexes annual reconstitution, according to a preliminary list of additions posted by FTSE Russell on May 23, 2025. Vuzix' inclusion will become effective after the US market opens on June 27.Annual ...
Vuzix Smart Glasses Power Enterprise Deployments in Warehouse and Logistics for Major Multinational
Prnewswire· 2025-05-16 14:14
Core Insights - Vuzix Corporation is recognized for its AI-powered smart glasses, which are being utilized by Amazon to enhance warehouse operations [1][2][3] - The smart glasses facilitate real-time remote diagnostics and problem-solving for maintenance teams, improving safety and productivity in logistics [2][3] Company Overview - Vuzix is a leading designer and manufacturer of AI-powered smart glasses and AR technologies, holding over 425 patents and numerous IP licenses [4] - The company has received multiple awards for innovation, including recognition at the Consumer Electronics Show from 2005 to 2024 [4] - Founded in 1997, Vuzix is publicly traded on NASDAQ under the ticker VUZI, with offices in Rochester, NY, and Japan [4]
Gauzy Ltd.(GAUZ) - 2025 Q1 - Earnings Call Transcript
2025-05-13 13:32
Gauzy (GAUZ) Q1 2025 Earnings Call May 13, 2025 08:30 AM ET Company Participants Daniel Scott - SVP - IREyal Peso - CEO & Co-FounderMeir Peleg - CFO Conference Call Participants Dan Levy - Senior Equity Research AnalystNone - AnalystItay Michaeli - Equity Analyst Operator Good morning and welcome to Gossilenisen First Quarter twenty twenty five Earnings Conference Call. Today's call is being recorded and we have allocated one hour for prepared remarks and Q and A. At this time, I would like to turn the conf ...
Gauzy Ltd.(GAUZ) - 2025 Q1 - Earnings Call Presentation
2025-05-13 11:12
This presentation contains certain supplemental financial measures that are not calculated pursuant to generally accepted accounting principles in the United States ("GAAP"). The Company believes that these non-GAAP financial measures, when presented in conjunction with comparable GAAP measures, provide useful information about its operating results and enhance the overall ability to assess the Company's financial performance. These non-GAAP financial measures are in addition to, and not as a substitute for ...
Vuzix(VUZI) - 2025 Q1 - Earnings Call Transcript
2025-05-12 21:32
Vuzix (VUZI) Q1 2025 Earnings Call May 12, 2025 04:30 PM ET Company Participants Edward McGregor - Director of Investor RelationsPaul Travers - CEO, President & DirectorGrant Russell - CFO, EVP, Treasurer & Director Conference Call Participants Christian Schwab - Senior Research Analyst Operator Greetings, and welcome to the Vuzix First Quarter Ending 03/31/2025 Financial Results and Business Update Conference Call. At this time, all participants are in a listen only mode. A brief question and answer sessio ...
Vuzix Reports First Quarter 2025 Results
Prnewswire· 2025-05-12 20:01
ROCHESTER, N.Y., May 12, 2025 /PRNewswire/ -- Vuzix® Corporation (NASDAQ: VUZI) ("Vuzix" or the "Company"), a leading supplier of smart glasses, waveguides, and Augmented Reality (AR) technologies, today reported its first quarter results for the three months ended March 31, 2025."2025 has thus far been marked by important developments for Vuzix that span commercial and technology relationships, expansion of customer deployments, and enhancements enabling product execution," said Paul Travers, President and ...
Research Frontiers(REFR) - 2025 Q1 - Earnings Call Transcript
2025-05-08 21:32
Research Frontiers (REFR) Q1 2025 Earnings Call May 08, 2025 04:30 PM ET Company Participants Joseph Harary - CEO, President, General Counsel, Corporate Secretary & Director Conference Call Participants None - Analyst Operator Afternoon, and welcome to the Research Frontiers' Investor Conference Call to discuss the First Quarter of twenty twenty five Results of Operations and Recent Developments. The company will be answering many of the questions that were e mailed prior to the conference call, either in t ...