Welcome to our dedicated page for Research Frontiers news (Ticker: REFR), a resource for investors and traders seeking the latest updates and insights on Research Frontiers stock.
Research Frontiers Inc. (NASDAQ: REFR) is a technology company that develops and licenses patented SPD-Smart light-control film technology used in smart glass for transportation and architectural applications. This news page aggregates announcements, press releases and market updates related to REFR and its SPD-SmartGlass programs.
Readers can follow company communications on topics such as royalty trends, licensing activity and adoption of SPD-SmartGlass across automotive, aerospace and building markets. Recent news has highlighted royalty income from vehicles using SPD-SmartGlass from brands including Ferrari, Cadillac, Mercedes and McLaren, as well as growth in aircraft programs using SPD-Smart electronically dimmable windows. Updates also cover retrofit systems for buildings, such as the RetroWAL SPD-SmartGlass window demonstrated with AIT Group and Gauzy at GlassBuild America.
Research Frontiers frequently reports participation in industry conferences and glazing summits, where its executives present on real-world uses of SPD-SmartGlass and other variable tint technologies. News items may describe keynote addresses, panel discussions with automakers and suppliers, and feedback from OEMs evaluating dynamic glazing for future vehicle platforms.
Financial results, conference call details and selected key comments from management are also released periodically, providing insight into fee income, royalty receivables, operating expenses and the company’s debt-free capital structure as disclosed in its Form 10-Q filings. Investors and observers can use this page to review historical and ongoing developments affecting REFR’s licensing business, technology deployment and multi-industry smart glass presence.
WOODBURY, NY, Oct. 31, 2022 - Research Frontiers (Nasdaq: REFR) will announce its third quarter 2022 financial results on November 3, 2022. A conference call led by President & CEO Joseph M. Harary is scheduled for 4:30 PM ET to review financials and recent developments. Investors can join the call by dialing 1-888-334-5785. A replay of the call will be available starting November 4, 2022, for 90 days at smartglass-ir.com.
Research Frontiers (Nasdaq: REFR) and Gauzy showcased SPD-SmartGlass technology at the NBAA-BACE show in Orlando, emphasizing its use in various transportation sectors including aerospace and marine. Vision Systems highlighted 17 aerospace, 9 marine, 9 specialty vehicle, 3 railway, and 3 recreational vehicle programs. Contracts with Tier-1 suppliers endorse Nuance and Noctis LCG brands as standard equipment. The technology provides instant tint adjustment, significantly reduces heat and glare, and enhances fuel efficiency and comfort.
Research Frontiers (Nasdaq: REFR) recently showcased its SPD-SmartGlass technology at several public events in Europe, including a debut in a sports car's sunroof. This broad introduction spans various applications including automotive and architecture. The company’s CEO emphasized the diversity in product showcases, reflecting the technology’s adaptability. SPD-SmartGlass offers instant tint adjustments, enhancing user comfort and efficiency while blocking harmful rays. Gauzy Ltd., a key partner, is positioned as a leader in smart window technologies, further driving innovation.
Research Frontiers (Nasdaq: REFR) announced a significant legislative boost for SPD-SmartGlass technology following President Biden's signing of the Dynamic Glass Act on August 16, 2022. This act provides investment tax credits aimed at accelerating the adoption of electrically-controlled variable tint glass in the architectural and automotive sectors. Research Frontiers, alongside industry partner Gauzy, aims to enhance energy efficiency and comfort in buildings and vehicles, with SPD-SmartGlass technology already used in various applications including cars and trains.
Research Frontiers (Nasdaq: REFR) reported a net loss of $741,838 ($0.02 per share) for Q2 2022, compared to a loss of $527,935 in Q2 2021. The decline in licensing fee income is attributed to lower economic activity in industries utilizing SPD-SmartGlass technology. Despite this, the company anticipates revenue growth as new products incorporating this technology, including Cadillac's Celestiq with a variable tint roof, are set to launch. As of June 30, 2022, cash equivalents stood at $1.9 million, providing operational viability for the next 24 months.
Research Frontiers (Nasdaq: REFR) announced it will release its Q2 2022 financial results on August 4, 2022. A conference call will be held at 4:30 PM ET on the same day, hosted by President and CEO Joseph M. Harary. Interested parties can join by dialing 1-888-334-5785. The call will cover financial and operational results along with recent developments. A replay of the call will be available for 90 days starting August 5, 2022.
Research Frontiers (Nasdaq: REFR) is set to play a significant role in the upcoming Cadillac CELESTIQ luxury electric vehicle, which General Motors announced will commence production after an $81 million investment in its Global Technical Center. This flagship model will feature SPD-SmartGlass, allowing occupants to control roof transparency while enhancing comfort and energy efficiency. With its patented light-control technology, Research Frontiers aims to improve electric vehicle range by 5.5% and reduce CO2 emissions. The CELESTIQ is anticipated to make its debut next month and deliveries are expected in 2023.
WOODBURY, NY, June 13, 2022 – Research Frontiers announced the retirement of Board member William Graham Settle, effective immediately. Settle, a board member since 2020, served as Chairman of the Compensation and Stock Option Committee and contributed to the Audit, Nominating, and Governance Committees. He cited personal responsibilities and humanitarian efforts as reasons for his departure but expressed gratitude for his tenure and plans to engage with the company informally. CEO Joseph M. Harary acknowledged Settle's valuable contributions and continued support through the Advisory Board.
Research Frontiers Inc. (Nasdaq: REFR) reported a net loss of $628,348 for Q1 2022, compared to $557,307 in Q1 2021, maintaining a loss of $0.02 per share. Licensing fee income saw a slight decline due to reduced economic activity and accounting timing differences. However, the company anticipates revenue growth from new products featuring SPD-SmartGlass technology later in the year. Total expenses decreased by approximately 3%, continuing a seven-year trend of reducing costs. The company holds around $2.5 million in cash, ensuring sufficient working capital for at least 23 months.
WOODBURY, NY, May 02, 2022 - Research Frontiers Inc. (NASDAQ: REFR) will announce its Q1 2022 financial results on May 5, 2022. The company will host a conference call at 4:30 PM ET for discussion of its financial and operational performance along with recent developments. The call will be led by President & CEO Joseph M. Harary. Interested parties can join by dialing 1-888-334-5785 and submit questions via email. A replay will be available from May 6, 2022 for 90 days.