Kopin Achieves Milestone in AI Enabled NeuralDisplay™ Software Development

Rhea-AI Summary

Kopin (NASDAQ: KOPN) has reached a significant milestone in developing its NeuralDisplay™ platform software, advancing to the Alpha testing stage. This innovative technology aims to revolutionize OLEDoS and MicroLED microdisplays for spatial computing applications. NeuralDisplay™ integrates RGB pixels, image-sensing pixels, and advanced algorithms to achieve high-fidelity eye tracking and neurological response analysis while maintaining real-time display performance.

Key features include:

• Potential elimination of dedicated eye-tracking cameras
• Dynamic brightness, contrast, and gaze controls
• Eye fatigue monitoring
• Rapid response to neurological stimuli

A demonstration video showcases the software's capability to control a spaceship using eye movements, highlighting its potential across various industries.

Positive

• Advancement to Alpha testing stage for NeuralDisplay™ platform software
• Potential reduction in size, weight, power consumption, and cost of spatial computing systems
• Integration of eye-tracking and neurological response analysis into display technology
• Demonstration of practical application through spaceship control video

Negative

• None.

Insights

Tech Expert

Kopin's achievement in reaching the Alpha testing stage for its NeuralDisplay™ platform is a noteworthy advancement in the tech industry. This innovation could significantly impact the spatial computing market by integrating advanced AI and image-sensing pixels on a silicon backplane. The standout feature is its potential to replace dedicated cameras for eye tracking, which could dramatically reduce the size, weight and power consumption of devices. This is particularly relevant for applications in defense and consumer electronics, where compact and efficient designs are crucial. The ability to monitor neurological responses like pupil dilation adds an additional layer of functionality that could be groundbreaking for user interaction systems. This positions Kopin as a potential leader in the next generation of spatial computing and visual systems.

Market Research Analyst

From a market perspective, the introduction of Kopin's NeuralDisplay™ platform could create new revenue streams and market opportunities. The unique features of this technology – such as dynamic brightness, contrast controls and high-fidelity eye tracking – could appeal to a broad range of industries. This includes defense, consumer electronics and even medical applications where precise eye tracking and neurological monitoring are valuable. The reduced cost and enhanced performance over traditional systems could make this technology attractive to OEMs looking for innovative solutions to integrate into their products. Investors should keep an eye on how quickly this technology can move from Alpha testing to commercial deployment, as this timeline will be important for capturing market share.

Financial Analyst

Financially, this milestone could be a positive indicator for Kopin's future growth. Successfully developing and commercializing the NeuralDisplay™ platform could lead to significant revenue growth, especially if the technology gains traction in high-value markets like defense and consumer electronics. The potential reduction in manufacturing costs due to the elimination of dedicated eye-tracking cameras could enhance profit margins. However, investors should also be aware of the risks involved, including the time and capital required to bring this technology to market and potential competition from other tech companies. Nonetheless, this Alpha testing milestone is a promising step forward and could be a precursor to substantial financial returns.

WESTBOROUGH, Mass.--(BUSINESS WIRE)-- Kopin Corporation (NASDAQ: KOPN), a pioneering provider of application-specific optical solutions and high-performance microdisplays for defense, enterprise, consumer and medical products, today announced it has achieved a milestone in the development of its NeuralDisplay™ platform software.

The innovative software platform has now reached the Alpha testing stage of development, marking a significant milestone in Kopin’s NeuralDisplay™ development efforts. Since beginning development in 2023, Kopin has aimed to revolutionize the Organic Light Emitting Diode on Silicon (OLEDoS) and Micro Light Emitting Diode (MicroLED) microdisplays for defense, consumer and other spatial computing applications.

We believe NeuralDisplay™ could eliminate the need for dedicated cameras used for eye tracking in many spatial computing systems, thereby reducing size, weight, power consumption and cost. The Neural display is designed to enable dynamic brightness, contrast and gaze controls, eye fatigue monitoring and rapid response to neurological stimuli such as pupil dilation due to fight-or-flight response.

Accomplishing this required a unique innovation. The human eye is the gateway to the user’s environment and their neurological state. By integrating traditional RGB pixels, image-sensing pixels and advanced signal processing algorithms into a silicon backplane, NeuralDisplay™ achieves high-fidelity eye tracking, gaze monitoring and neurological response analysis, while maintaining real-time display performance.

The demonstration video of Kopin’s NeuralDisplay™ eye-tracking software can be viewed here. The video showcases a user controlling a spaceship with their eye movements, with the software tracking and measuring these movements. The green captions indicate pupil size, and the red circle shows the eye's focus point, with the spaceship following the user's gaze.

“We believe NeuralDisplay™ is a revolutionary platform poised to redefine user interaction across various industries, from defense to consumer electronics,” said Bill Maffucci, Kopin’s Senior Vice President of Business Development and Strategy. “With its cutting-edge display architecture, integrated AI, and developer-friendly software ecosystem, we believe NeuralDisplay™ could become the cornerstone of next-generation spatial computing and visual systems.”

For more information, visit Kopin’s website.

About Kopin

Kopin Corporation is a leading developer and provider of innovative display and optical technologies sold as critical components and subassemblies for defense, industrial and consumer products. Kopin’s technology portfolio includes ultra-small Active-Matrix Liquid Crystal displays (AMLCD), Liquid Crystal on Silicon (LCOS) displays and Organic Light Emitting Diode (OLED) displays, a variety of optics, and low-power ASICs. For more information, please visit Kopin’s website at www.kopin.com.

Forward-Looking Statements

Statements in this press release may be considered “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended (the “Securities Act”), and Section 21E of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), which are subject to the safe harbor created by such sections. Words such as “expects,” “believes,” “can,” “will,” “estimates,” and variations of such words and similar expressions, and the negatives thereof, are intended to identify such forward-looking statements. We caution readers not to place undue reliance on any such “forward-looking statements,” which speak only as of the date made, and advise readers that these forward-looking statements are not guarantees of future performance and involve certain risks, uncertainties, estimates, and assumptions by us that are difficult to predict. These forward-looking statements may include statements with respect to our belief the NeuralDisplay™ could eliminate the need for dedicated cameras used for eye tracking in many spatial computing systems, thereby reducing size, weight, power consumption and cost; our belief that the NeuralDisplay™ is a revolutionary platform poised to redefine user interaction across various industries, from defense to consumer electronics; and our belief that the we believe NeuralDisplay™ could become the cornerstone of next-generation spatial computing and visual systems. All such forward-looking statements, whether written or oral, and whether made by us or on our behalf, are expressly qualified by these cautionary statements and any other cautionary statements that may accompany the forward-looking statements. In addition, we disclaim any obligation to update any forward-looking statements to reflect events or circumstances after the date of this press release, except as may otherwise be required by the federal securities laws. These forward-looking statements are only predictions, subject to risks and uncertainties, and actual results could differ materially from those discussed. Important factors that could affect performance and cause results to differ materially from management’s expectations are described in Part I, Item 1A. Risk Factors; Part II, Item 7. Management’s Discussion and Analysis of Financial Condition and Results of Operations; and other parts of our Annual Report on Form 10-K for the fiscal year ended December 30, 2023, or as updated from time to time our Securities and Exchange Commission filings.

View source version on businesswire.com: https://www.businesswire.com/news/home/20240724781086/en/

Kopin Corporation

Bill Maffucci, 508-870-5959

SVP of Business Development and Strategy,

bmaffucci@kopin.com

Richard Sneider, 508-870-5959

Treasurer and Chief Financial Officer

Richard_Sneider@kopin.com

or

MZ Contact:

Brian M. Prenoveau, CFA, 561 489 5315

MZ Group – MZ North America

KOPN@mzgroup.us

LightSpeed PR Contact:

Michael Farino

Michael@lightspeedpr.com

Source: Kopin Corporation

FAQ

What milestone has Kopin (KOPN) achieved in its NeuralDisplay™ software development?

Kopin (KOPN) has reached the Alpha testing stage in the development of its NeuralDisplay™ platform software, marking a significant milestone since beginning development in 2023.

How could Kopin's (KOPN) NeuralDisplay™ technology benefit spatial computing systems?

Kopin's (KOPN) NeuralDisplay™ technology could potentially eliminate the need for dedicated eye-tracking cameras in many spatial computing systems, reducing size, weight, power consumption, and cost.

What features does Kopin's (KOPN) NeuralDisplay™ offer?

Kopin's (KOPN) NeuralDisplay™ offers dynamic brightness, contrast and gaze controls, eye fatigue monitoring, and rapid response to neurological stimuli such as pupil dilation due to fight-or-flight response.

How does Kopin (KOPN) demonstrate the capabilities of its NeuralDisplay™ software?

Kopin (KOPN) demonstrates its NeuralDisplay™ software capabilities through a video showing a user controlling a spaceship with eye movements, tracking pupil size and eye focus points in real-time.