Smart Glass

Gauzy Ltd. (GAUZ) reported Q2 2025 revenues of $20.1M, down from $24.4M in Q2 2024, but achieved a record $42.9M purchase order backlog. The company reaffirmed its full-year revenue guidance of $130-140M with positive Adjusted EBITDA. Key developments include Cadillac CELESTIQ deliveries featuring Gauzy’s smart glass. Gross margin was 21.4%, with a net loss of $10.7M and Adjusted EBITDA of ($8.7)M. Gauzy secured $15M in debt financing and has $36.2M in total available liquidity. They are expanding into the marine sector and launching new product lines.