Eyal Peso on IPO
From Gauzy CEO on Vision & Light Control Solutions · · Schwab Network
“If you understand the Gauzy story we went public because that's what the business requires, and being public is just going to make it easier to get conviction for more and more business.”
On , Eyal Peso, CEO & Co-Founder at Gauzy, spoke about IPO during Gauzy CEO on Vision & Light Control Solutions on Schwab Network.
About Eyal Peso
Eyal Peso, co-founder and CEO of Gauzy, rang the Nasdaq opening bell on April 1, 2025, as the company began trading at $17 per share. In media appearances that day, Peso described the IPO as a necessary step for the business, stating that being public would make it easier to secure long-term production contracts. He noted that the offering was primary only, with no secondary shares, and said the company aimed to offer a good entry price for long-term investors. Peso also highlighted a 10-year program with Ford trucks to remove mirrors and embed ADAS systems for safer driving. Peso has positioned Gauzy as a nanotechnology and material science company that develops light and vision control technologies for glass. He has stated that the company serves four end markets: aerospace, automotive, architecture, and commercial vehicles. In earlier interviews, Peso discussed partnerships with Daimler/Mercedes-Benz and McLaren for SPD sunroofs, as well as work with Honda jets and various train and marine applications. He has described the technology as still expensive but expected to decrease in cost with volume. Peso also noted that Gauzy operates the only R&D and manufacturing facility for liquid crystals outside the Far East, with production centers in Tel Aviv, near Lyon, France, near Stuttgart, Germany, and in Melbourne, Florida.