Gauzy Ltd. (GAUZ) has released an update.
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Gauzy Ltd. reported a strong third quarter for 2024, with a 24.6% increase in revenue, driven by significant customer wins across various sectors including automotive and architecture. Despite a net loss, the company has managed to narrow its losses and continues to focus on meeting growing demand with strategic expansions and high-profile partnerships with major OEMs like Ferrari and Yutong. Gauzy’s innovative vision and light control technologies are setting the stage for continued growth in the coming quarters.
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