startups working with auto oems

Mike Stacey, VG Smartglass

March 9, 2017

Part 1- Finding a path for startups to work with automotive OEMs

Applied Innovation Series at IIT:

1. March 6 – Mike Stacey, Startups and Auto OEMS

2. April 11- Matthew Spenko, Navigation in Self Driving Cars

3. May 11 – TBD, The Smart City (tentative)

IIT Speaker Series: Bringing together experts, innovators,

and market leaders and enthusiasts to address relevant topics

in the rapidly advancing world of connected cars and mobility.

VG SMARTGLASS TECHNOLOGY

Traditional

Approach-

ROTATION =

Glass privacy and shading actuated by movement of polarizers…

Only for round windows

VG SmartGlass

Innovation-

LINEAR SHIFT=

For nearly all windows

www.vgsmartglass.com

FILM OPTIONS

Venetian Blind Colors Patterned

Logos and Images Mirror Gradient


APPLICATIONS OF VG TECHNOLOGY


COMPANY TIMELINE

COMPANY HISTORY

PRODUCTIDEA COMMERCIALIZATIONR&D

2008 2012 2014 2016


(Acquisition)

THE ENTREPRENEURIAL JOURNEY

7

NEW INNOVATION PLATFORMS CAN DO MANY THINGS

First, focus on one thing

FIND A BEACH HEAD MARKET

Automotive revenue will not come quickly

US AUTO INDUSTRY- HISTORICALLY…

TOP INDUSTRY DRIVERSSafety Customer Experience

Fuel Efficiency Disruption

LINKING INDUSTRY DRIVERS TO SOLUTIONS

Use automotive industry language

• Fuel Efficiency: Reduced climate control needs

• Cost: 75% cost reduction vs. existing solutions

• Customer Experience:

1. Simple user interface (manual or simple electronic control)

2. Customer Experience: Ability to customize a vehicle in new ways

CATALYZING THE OEMS

EXA

OEM

1- TECH LICENSE

Aftermarket Intro

Tier 2/3Film Supply

13

Tier 1System

Suppliers

2- OEM PULL THROUGH

PUTTING THE PIECES TOGETHER

• Is our technology a fit for the industry?

• When do we see payoff and how big will it be?

• How do we fit into the ecosystem?

THANK YOU

Mike Stacey

[email protected]

312-375-2867

SAVE THE DATE: April 11

Challenges in Navigation

Safety for Self-Driving Cars

Professor Matthew Spenko