Company: GAUZ
Filing Date: 2025-03-11
Form Type: 20-F
Source: 0001213900-25-022437
Chunk: 21

Company: Gauzy Ltd.
Filing Date: 2025-03-11
Form: 20-F
Item: Item 4
Chunk 21
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 we partnered with LG Display to develop
projection smart windows that provide on-road messaging for alerts, location-based advertising and passenger entertainment.

Our SPD films, which are available
in architectural widths and are automotive grade, are optimized to maintain performance and durability in facades and transportation
vehicles across all market segments. This technology is powered by our patented SPD controllers, which supply controlled voltage to determine
the amount of visible light transmittance in on, off or when dimmed to a precise opacity level.

SPD Lamination Films

SPD-LCG®films
are our flagship SPD technology, and the same product line currently used by industry-leading brands in the automotive, aviation, marine
and railway industries. SPD-LCG®offers top optical, mechanical and electrical performance, fast switching times and precise
dimming control for up to 99% light blocking.

SPD-Light is a variation of
our SPD-LCG®that offers 60 - 70% light transmission instead of 50% and is ideal for products and projects
where higher transparency and lower opacity are needed.

SPD-Black is currently in
development by us and provides the next generation of SPD-LCG®, which expects the same trusted performance as our SPD-LCG®but with a black tint for additional color variations to meet differentiating customers’ requirements.

Combination PDLC and SPD Products

Our PDLC and SPD films can
be laminated together into a single glass panel for a dual smart glass solution that provides all-in-one glazing to control daylight,
glare and privacy, and can also be used in interior/exterior visible transparent displays when paired with projection. The two technologies
can be independently controlled allowing users a completely customized experience. When the two films are laminated together, it creates
a black-out solution. We are a Tier 1 supplier of laminated dual technology as a smart glass panel to the aeronautic, railway and marine
industries for both new planes, trains and boats, as well as retrofits.

Acti-Vision is a product line
offered as a turn-key transparent display which utilizes a combination of PDLC and SPD paired with protection to create transparent displays.
When SPD and PDLC are both turned off, digital content is visible from the interior. When PDLC is turned on but SPD is off, digital content
is visible from the exterior.

This complete transparent display partition or
window includes a projector and a content management software and interface. This can be used to enhance the passenger experience with