Research Frontiers Incorporated develops and licenses patented suspended particle device (SPD-Smart) light-control technology. The company offers its technology to other companies that manufacture and/or market the: SPD-Smart chemical emulsion, light-control film made from the chemical emulsion, the light-control panels made by laminating the film, electronics to power end-products incorporating the film, or lamination services for, and the end-products themselves such as ‘smart’ windows, skylights and sunroofs. The company has approximately 40 companies that, in the aggregate, are licensed to primarily serve 4 major SPD-Smart application areas (aerospace, architectural, automotive and marine products) worldwide. In addition, in 2013 the company launched its VariGuard business unit that markets and sells SPD-Smart products directly to customers for specialty uses, such as the protection of artwork and light-sensitive documents in museums and private collections. SPD-Smart Automotive Products The company and its licensees are working with multiple automotive manufacturers to introduce SPD-Smart windows, sunroofs and roof systems on both concept and production vehicles. Aircraft Window Licensee - InspecTech Aero Service Inc. The company's licensee, InspecTech Aero Service Inc., markets its iShade and eShade brands of SPD-Smart windows to both the OEM new production segment and aftermarket segment of the aviation industry. SPD-Smart products have been installed on 33 models of helicopters and commercial, corporate, and military aircraft. VariGuard Business Unit In 2013, the company announced the formation of its VariGuard business unit. This business unit allows the company to directly address market opportunities for SPD technology outside the scope of its license agreements or the focus of its licensees. The VariGuard business unit markets and sells SPD-Smart products directly to customers for specialty uses, such as the protection of artwork and light-sensitive documents in museums and private collections. VariGuard provides display panels that limit an artifact's light-exposure only to when the artifact is being viewed. In 2014, the VariGuard business unit announced that Omega Moulding would distribute its patented light control SmartGlass products for frames and display cases in the United States and Canada. Patents The company uses the following trademarks: SPD-Smart, SPD-SmartGlass, VaryFast, SPD-CleanTech, SPD Clean Technology, SmartGlass, The View of the Future - Everywhere you Look, Powered by SPD, Powered by SPD-CleanTech, Powered by SPD Clean Technology, SG Enabled, SPD Green and Clean, SPD On-Board, Speed Matters, VariGuard and Visit SmartGlass.com - to change your view of the world. The company has 26 United States and 158 foreign patents in force. Its United States patents expire at various dates from 2015 through 2033, while its foreign patents expire at various dates from 2015 through 2028. Research and Development The company incurred approximately $1,403,000 on research and development activities in 2014. History Research Frontiers Incorporated was founded in 1965. The company was incorporated in New York in 1965.
research frontiers inc (REFR:NASDAQ CM)
240 Crossways Park Drive
Woodbury, NY 11797
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