Smart building materials company ClearVue Technologies Limited has executed a Manufacturing and Distribution Agreement with Advanced Impact Technologies Inc. (AITI) in the U.S. for the manufacture, sale and marketing of ClearVue’s solar PV glazing products.
AITI is part of Advanced Impact Technologies Group Inc. (AIT Group), which includes related companies, LTI Smart Glass Inc. and School Guard Glass LLC. AIT Group is a provider of innovative laminated glass and polymer products along with related technology solutions to a broad range of industries with commercial and specialist applications such as architectural, automotive, airline, marine, industrial, entertainment, security, ballistic, blast and impact, and decorative glass laminates. The AIT Group of companies are pioneers in the processing and laminating of polymer dispersed liquid crystal (PDLC) electrified and variable tint films, and are renowned for creativity in providing advanced, customised solutions to meet specific customer needs.
The AIT Group of companies are also a leading laminator for security glazing products for the U.S. and municipal governments, the U.S. Armed Forces, the U.S. Department of State, New York City Police Department, numerous financial institutions, and thousands of schools, court houses and prisons and detention centers, to name just a few.
AITI and its sister companies, including LTI Smart Glass Inc., have operated in the commercial lamination and glazing businesses since 1999 and 1981 respectively, and boast a work force of more than 200 based in almost 300,000 square feet of manufacturing and distribution space in Massachusetts and Florida, serving all of North America. As a vertically integrated organization, the company sees the process through from start to finish, with design, clean room and production facilities designed to deliver reliable, high-quality products whether for security, architectural, or decorative purposes. To deliver this, AITI maintains and operates seven autoclaves, three tempering ovens, multiple CNC machines, and spacious areas for unit assembly, cutting and polishing.
The terms of the Agreement include but are not limited to the following:
- Appointed the exclusive manufacturer and distributor for supply of the ClearVue PV IGU and smart façade solutions within the (US) states of Massachusetts and Florida.
- Granted sole rights (alongside ClearVue itself) to supply the ClearVue PV IGU and smart façade solutions within the other USA states (excluding Pennsylvania) and Canada.
- Granted non-exclusive rights to supply ClearVue (acting as an OEM manufacturer for ClearVue) for sale of finished ClearVue PV IGUs and smart façade products by ClearVue in all other USA states and territories (excluding Pennsylvania) and Canada.
- The license is for a period of two (2) years with the stated intent that the parties move towards entry into a formal joint venture before conclusion of the term but only after 12 months, and subject to mutual satisfaction and entry into additional further formal agreements.
- The Agreement includes other terms typical of a manufacturing and distribution license agreement, and OEM manufacturing agreement of this nature, with further details set out in the Annexure.
Commenting on the Agreement, ClearVue Executive Chairman Victor Rosenberg has said: “This agreement with Advanced Impact Technologies is all about securing ClearVue’s product delivery in the North American market. The AIT Group has both lamination and fabrication capability in both the Southern and Northern US and is a leading supplier of other advanced glazing solutions including for defence and military applications. It already has the capability to deliver the ClearVue PV IGU products as well as our smart façade solution as they are already a well-established manufacturer, supplier and installer of PDLC-based switchable glass.
The intent behind this first agreement is to immediately commence manufacture and supply and then to explore a deeper relationship together in the form of a joint venture or other more integrated relationship as both parties can already see a long and mutually beneficial relationship going forward. We believe there is a strong alignment and recognition that the need to decarbonise construction across the board now will be a major driver for both companies going into the future.”
Commenting on the Agreement, AIT Group Founder and CEO, Jeff Besse said: “The AIT Group prides itself on staying ahead of latest industry developments, new technologies and opportunities. The AIT Groups sees a very strong alignment with ClearVue as a natural fit to add to our suite of industry-leading products and solutions initially through the signing of this agreement – and longer term through a much greater level of involvement via the development of a proposed joint venture.
We see the ClearVue solution as a very timely product responding to the immediate needs for the US to decarbonise all construction – both new build and rehabilitation. We already supply specialist ballistic and attack glass to US schools – we see the combination of the ClearVue smart façade ventilation solution that can bring in fresh air whilst reducing the use of traditional air-conditioning (that can circulate viruses and other contaminants) as a great alignment with our existing product offering. ClearVue also have opened our eyes to the significant opportunity to supply product into the greenhouse market to respond to food security initiatives and rapidly developing industries such as medicinal cannabis and other high value crops.”