Gauzy (GAUZ, Financial) has achieved a significant milestone by securing a partnership with the Air France-KLM Group. The airline has chosen Gauzy's innovative electromechanical shading system to be integrated as a standard feature in its newly unveiled La Premiere first-class suites. These luxurious suites will be part of a select number of Boeing 777 aircraft, renowned for being among the most widely used wide-body planes globally.
This development represents a pivotal moment for Gauzy, as it marks the debut of Air France's 5-window suites, showcasing a cutting-edge feature in their first-class offerings. The incorporation of Gauzy's technology provides the company with a strategic opportunity to further entrench itself in the airline shading and lighting sector.
The current airline shading market is valued at around $600 million, and industry forecasts, provided by Frost & Sullivan, predict a robust growth trajectory with a compounded annual growth rate of 6.4% through to 2028. Gauzy's alignment with Air France's La Premiere suites positions the company to capitalize on this expanding market, further solidifying its presence in the aviation industry.
