Exclusive: Gauzy’s ADAS Set to Replace Traditional Mirrors on New York Public Buses

Gauzy Ltd (NASDAQ: GAUZ), a provider of light and vision control technology solutions, has announced a significant partnership with the Capital District Transportation Authority (CDTA) of New York. This collaboration will fully replace the traditional side mirrors on CDTA’s public buses with Gauzy’s advanced driver assistance system (ADAS).

The introduction of Gauzy’s Smart-Vision camera monitor system (CMS), which was unveiled during a special event on October 3, represents a pivotal moment in CDTA’s ongoing initiative to enhance road safety.

Marketed as the Luminator Video Mirror in North America, the Smart-Vision CMS is exclusively distributed by Luminator Technology Group for transit agencies. Gauzy attributes its expanding market share to the increasing interest in ADAS from transportation officials across North America, Europe, Asia, and Australia, who are accelerating regulatory approvals for the technology’s installation in public buses and coaches.

Eyal Peso, Co-Founder and CEO of Gauzy, expressed, “CDTA’s decision to replace side mirrors in its buses with our Smart-Vision CMS demonstrates the technology’s effectiveness, practicality, and superior advantages over other mirrorless driver assistance systems.”

He highlighted the growth potential in the global mass transit bus market, which is projected to expand at a compound annual growth rate (CAGR) of 8.1% from 2023 to 2032, potentially exceeding $936 billion in value. With such projections, Gauzy expects steady demand for the Smart-Vision system.

“This represents a significant opportunity for us to solidify our sales pipeline and market share in commercial vehicle CMS/ADAS across multiple regions,” he added.

Gauzy forecasts that its cumulative sales from commercial vehicle CMS/ADAS will surpass $100 million by the end of 2025. The Smart-Vision CMS is designed for both 40- and 60-foot long buses, eliminating the need for conventional mirrors. It utilizes aerodynamic cameras and interior displays to enhance driver awareness and mitigate collision risks.