Nothing new about making guitars from composite materials. Ampeg did that way back in the seventies. I owned a couple of these at various times back in the late seventies/early eighties...
Plexiglas body ('lucite'); 24-fret neck (the bolts are under the pickguard, amazing uper fret access), and one interchangeable pickup (there were seven different styles you could buy). Volume, tone, and a switch that shorted the tone cap for full bass in position one, did nothing in the middle, and overrode the volume control in the third position.