Traco, Inc. has acquired a license from Research Frontiers Inc. to manufacture and sell SPD-Smart(TM) windows, doors, skylights and curtainwalls. TRACO(R)'s SPD-Smart products will be offered for both commercial and residential architectural applications.
The license, which is worldwide (except Korea) and is non-exclusive, provides for a 10% royalty on sales of licensed products.
In an SPD-Smart product, the user can manually or automatically "tune" the amount of light, glare and heat coming into a home, office, or vehicle. SPD-Smart film technology was recently awarded a Best of What's New Award from Popular Science magazine for home technology and was also named by the Society of Automotive Engineers' Aerospace Engineering as one of the top new technologies for 2002.