Lippert Components Inc. (Lippert™) and SolarWindow Technologies, Inc. (SolarWindow) have agreed to jointly pursue the integration of SolarWindow technologies into select Lippert components to produce transparent electricity-generating SolarWindow-Lippert Products.
This collaboration with SolarWindow marks an opportunity to introduce innovations like electricity-generating glass into Lippert’s existing recreational vehicle, marine vessel, and specialty building product markets, while further strengthening our commitment to environmental stewardship, which is at the core of everything we do – explained Mr. Jason Lippert, President and Chief Executive Officer of Lippert.
Every day, Lippert manufactures more than 23,000 windows worldwide. Meanwhile, customers across our business have been asking for augmented and true off-grid power. We believe our collaboration with SolarWindow presents the potential for novel energy solutions to meet our customers’ needs through transparent, lightweight, and fully integrated SolarWindow-Lippert Products – he concluded.
I look forward to continuing to build on our working relationship with Lippert – stated Mr. Amit Singh, President and CEO of SolarWindow Technologies, Inc. – Lippert has nearly 70 years of experience in commercializing innovative products globally and is an ideal product collaboration partner for integrating our transparent, ultra-thin SolarWindow coatings to turn otherwise ordinary glass into electricity-generating windows.
A Fortune 1000 Company, Lippert is one of the largest non-float glass manufacturers in the world with 140 manufacturing and distribution centers across North America, Africa, and Europe. Lippert consumes more than 330 million square feet of glass annually for manufacturing and supplying windows, tempered and laminated glass products, and components for recreational vehicle, transit, specialty vehicle, and other adjacent markets.
SolarWindow is a developer of proprietary transparent, electricity-generating coatings, methods, and other technologies that, when applied to glass and plastic surfaces, are capable of generating electricity by harvesting light energy from natural sunlight, artificial light, and low, shaded, or reflected light conditions.
Mr. Singh continued: SolarWindow and Lippert enter this next phase of our relationship with confidence as we address and navigate challenges and opportunities related to supply chain, capital equipment, product integration, human resources and training, and negotiation and execution of future manufacturing, licensing, and distribution agreements.
There is no assurance that any of the mutually defined goals will be attained or that future agreements will be successfully negotiated or consummated and no assurance that SolarWindow-Lippert Products will be successfully engineered, prototyped, tested, certified, manufactured, produced, or sold.
About Lippert™: From over 140 manufacturing and distribution facilities located throughout North America, Africa, and Europe, Lippert™ (Symbol: LCII; www.lippert.com) supplies a broad array of highly engineered components for the leading manufacturers of recreational vehicles, automobiles, watercraft, and prefab homes. It also operates in adjacent markets, including hospitality, transportation, construction, and agriculture. Lippert serves a wide range of aftermarket segments, providing high-quality products for the recreational vehicle / caravanning, automotive, and marine industries. With over 12,500 team members and a diverse portfolio of best-in-class brands, Lippert™ adopts a team-based business philosophy and has proven that, by putting people first, the possibilities for growth, and development are truly endless.
source: solarwindow.com
