Vision Systems, a tier-one supplier of SPD-Smart dimmable windows, and a licensee of Research Frontiers, is to invest about USD 1.2 million in capital expenditures for strong US operations to serve customers.
The new factory was highlighted during the Paris Air Show by Florida Governor Rick Scott and Vision Systems President and CEO Carl Putman, with Research Frontiers President and CEO Joseph M. Harary and others in attendance for this special announcement.
Vision Systems' SPD-Smart electronically dimmable windows and partitions offer instant and precise light-control at all levels to provide a solar protection solution that enhances comfort and improves passengers' experience on aircraft, boats and other transportation vehicles.
Vision Systems will invest approximately USD 1.2 million in capital expenditures for this project, and expects to hire workers for the new factory by the end of this year and generate about 40 manufacturing and engineering jobs within three years.
Research Frontiers is the developer of SPD-Smart light-control technology which allows users to instantly, precisely and uniformly control the shading of glass or plastic, either manually or automatically. Research Frontiers has built an infrastructure of over 40 licensed companies that collectively are capable of serving the growing global demand for smart glass products.