Research Frontiers says Gauzy financing enables restart of SPD-SmartGlass production
REFR•Gauzy secured $7 million in equity financing to restart SPD-SmartGlass production after Israeli court approval of a settlement addressing about $61 million in pre-petition liabilities. Payments have begun supporting production restarts in Israel and Germany.
1. Financing supports restart
Research Frontiers said its licensee Gauzy secured $7 million in equity financing, which closed October 15, 2026, to restart SPD-SmartGlass production interrupted by involuntary court proceedings last November. Following Israeli court approval of a settlement addressing approximately $61 million in pre-petition liabilities, payments have begun supporting SPD emulsion production in Israel and light-control film production in Germany; restored supply will enable licensees to resume customer deliveries and address backlogs.
