I think one of the significant things that happened this year is that we’ve been chosen for transport category aircraft, the big ones, the big aircraft. And the other thing that I think is significant is that we’ve gone from being pushed by manufacturers on their customers. That’s what they were doing at Boeing and Airbus before, to having the customer decide what technology they want in the aircraft. So you now have a technology that’s been validated, it’s in a number of different aircraft and it’s been reliably flying for decades and you have something that performs better than the current electrochromics that are there. Two second switching speed with no iris effect compared to a minute and a half for an electrochromic window to switch.
So you have something that the customers can see as a much better performing aircraft window and greater dynamic range, just a whole host of things, right? So we’re excited about that, because when judged on the merits, I don’t think there’s any reason not to use SPD in an aircraft. And it doesn’t have some of the things that if you go on YouTube, you could see windows that are heating up and catching fire and cracking and doing things with other technologies because they’re more like a battery. And when a battery gets damaged, it gets hot. Think about your cell phone battery. So I think that there’s a lot of things that are pointing towards great success in the aircraft industry and especially the transport category aircraft. So Airbus and Boeing, I think, are significant developments, and they’re going to have legs.
Mike Zelnick: Good to hear. Let’s hope those contacts with those two companies play out this year. Thank you, Joe.
Joe Harary: We stay in good shape with everyone. Thank you, Mike.
Operator: Thank you. Our next question comes from Bruce Denny, Private Investor. Your line is open.
Bruce Denny: Hi, Joe. How are you?
Joe Harary: Hey, Dr. Denny, how are you?
Bruce Denny: Very well, thanks. Hey, just one question. Congratulations on everything that’s going on. My question I think I’ve asked in past conference calls, but it always seems like a no brainer to me to couple the transparent solar cells with our window applications. Has anyone ever looked into this that you know of?
Joe Harary: Yes. So let me give you a couple of examples where it’s been successfully implemented. Vision Systems had an aircraft window that generated 20 times as much power as the window needed to operate using transparent photovoltaics. And because of that, they actually put a charging port so you could charge your phone on the aircraft window with a USB port. With the retrofit application that’s something that we’re very much looking into is the combination of photovoltaics with SPD, because if you think about it, then you don’t need to have an electrician come to the job site when you’re doing the retrofit. Even in a commercial installation, you just pop it into the window and you’re good to go. And we actually had discussions about that two days ago also about that. So, yeah, this is very much in the plans.
Bruce Denny: Excellent. So glad to hear it. Thank you so much, Joe.
Joe Harary: Thanks a lot.
Operator: Our next question comes from Jeff Harvey, a Private Investor. Your line is open.
Jeff Harvey: Hi, Joe.
Joe Harary: Hey, Jeff. How are you?
Jeff Harvey: Good. On your last conference call, you did mention that the car wasn’t going to happen until the second half of the year. So has that changed any, or you still anticipate the Asian car in the second half of the year?
Joe Harary: The second half of last year was the original expectation, and then we basically said, well, based on what we know, it’s probably going to be the first half of this year. And my expectation is we’re very much on track. But with everything else that kind of caused the delay in the car that wasn’t related to SPD. I don’t want to pin it down too much. But believe me, when the car company implements it, we’re all going to be thrilled.
Jeff Harvey: So, one thing you haven’t talked about at all is the display market, which you talked about, I think, last time. Isn’t there anything going on in the display market, I know you’ve talked about before?
Joe Harary: Yeah. No. So, one of the things that we talked about in the past is windows that incorporated display inside the glass using a combination of either electroluminescent displays and Gauzy Vision Systems has been doing that and things like aircraft windows and train windows and bus windows for years, and then more recently using transparent OLEDs with SPD film to make a very vibrant display. And that’s what I was talking about at CES, the specialty vehicle that had an augmented reality display. It was a display that combined transparent OLEDs and an SPD film. And it was just really amazing to look at. It wasn’t only me, but the press loved it, too.
Jeff Harvey: But when can we expect to see some business from that?
Joe Harary: Well, they’re talking about that vehicle coming out next year.
Jeff Harvey: No, I’m talking about the display in a window, like in a department store.
Joe Harary: Well, that could come out anytime. That’s just a matter of implementation and if you look at kind of the frequency that LG, who’s kind of leading the charge on that, has been exhibiting this. If you walked around CES, you’d see about four or five different booths from different companies that had transparent OLEDs that were being used to display things. And when you want that display to be vibrant, you would use SPD, especially if there’s ambient light that can wash it out.
Jeff Harvey: But do you know that any of that have actually been installed?
Joe Harary: Oh, there have been installations, but a lot of that I wouldn’t consider high volume. In the past, before LG went into this, they did museums and all sorts of things that were combining this. And because of the success of that, they did more. And now they’re putting it into more mainstream stuff. But it’s not something that we have prediction.
Jeff Harvey: Okay, when do you think we actually get some architectural business? I mean, I’m very disappointed that that hasn’t happened sooner, I mean as you know.
