Gauzy's Advanced Driver Assistance System Fully Replaces Traditional Side Mirrors On Capital District Transportation Authority Of New York's Public Buses; Company Estimates That Its Cumulative Sales For Its Commercial Vehicle CMS/ADAS Will Surpass $100M By The End Of 2025
Portfolio Pulse from Benzinga Newsdesk
Gauzy Ltd. has successfully implemented its Smart-Vision® camera monitor system (CMS) on New York's CDTA buses, replacing traditional side mirrors. The company projects its CMS/ADAS sales to exceed $100 million by 2025, driven by global interest in ADAS technology.
October 10, 2024 | 1:18 pm
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Gauzy Ltd. has replaced traditional side mirrors on CDTA buses with its Smart-Vision® CMS, marking a significant milestone in its ADAS technology adoption. The company anticipates over $100 million in sales by 2025, driven by global interest and regulatory approvals.
The successful implementation of Gauzy's Smart-Vision® CMS on CDTA buses demonstrates strong market acceptance and potential for growth. The projected sales exceeding $100 million by 2025 indicate significant revenue potential, supported by global interest in ADAS technology. This news is likely to positively impact Gauzy's stock price in the short term.
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