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Kopin Receives Additional $2 Million Follow-On Microdisplay Order in Support of Rotary and Fixed Wing Pilot Helmet Mounted Display

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Kopin (NASDAQ: KOPN) has secured a $2 million follow-on production order for its AMLCD Brillian microdisplays, designed for rotary and fixed-wing pilot helmet mounted displays (HMD). The Brillian display technology provides superior situational awareness in both day and night flight conditions, featuring brightness levels exceeding 34,000 nits and contrast ratios above 500:1.

The displays are implemented in advanced see-through, high-definition digital HMDs used across various military platforms, including F-15, F-16, F/A-18 fighter jets and CH47F and UH-60 helicopters. This order is part of an ongoing multi-year program, demonstrating Kopin's capability in producing complex microdisplays for mission-critical applications.

Kopin (NASDAQ: KOPN) ha ricevuto un ordine aggiuntivo di produzione da 2 milioni di dollari per i suoi microdisplay AMLCD Brillian, progettati per display montati su casco per piloti di aerei a ala rotante e fissa. La tecnologia del display Brillian garantisce un'eccellente consapevolezza situazionale sia in condizioni di volo di giorno che di notte, con livelli di luminosità che superano i 34.000 nits e rapporti di contrasto superiori a 500:1.

I display sono utilizzati in avanzati HMD digitali ad alta definizione trasparenti, impiegati su varie piattaforme militari, tra cui cacciabombardieri F-15, F-16, F/A-18 e elicotteri CH47F e UH-60. Questo ordine fa parte di un programma pluriennale in corso, dimostrando la capacità di Kopin di produrre microdisplay complessi per applicazioni mission-critical.

Kopin (NASDAQ: KOPN) ha asegurado un pedido adicional de producción de 2 millones de dólares para sus micropantallas AMLCD Brillian, diseñadas para pantallas montadas en cascos de pilotos de aviones de ala rotativa y fija. La tecnología de pantalla Brillian proporciona una superior conciencia situacional tanto en condiciones de vuelo diurno como nocturno, con niveles de brillo que superan los 34.000 nits y relaciones de contraste que superan 500:1.

Las pantallas se implementan en avanzados HMD digitales de alta definición y con visión transparente, utilizados en varias plataformas militares, incluyendo cazas F-15, F-16, F/A-18 y helicópteros CH47F y UH-60. Este pedido es parte de un programa en curso de varios años, demostrando la capacidad de Kopin para producir micropantallas complejas para aplicaciones críticas para la misión.

코핀 (NASDAQ: KOPN)은 회전익 및 고정익 조종사 헬멧 장착 디스플레이(HMD)를 위해 설계된 200만 달러의 추가 생산 주문을 확보했습니다. Brillian 디스플레이 기술은 주야간 비행 조건 모두에서 우수한 상황 인식을 제공하며, 밝기 수준이 34,000 니트를 초과하고, 명암비는 500:1를 초과합니다.

이 디스플레이는 F-15, F-16, F/A-18 전투기CH47F 및 UH-60 헬리콥터를 포함한 다양한 군용 플랫폼에서 사용되는 고급 투명 고화질 디지털 HMD에 구현됩니다. 이 주문은 진행 중인 다년간 프로그램의 일환으로, 임무에 중요한 애플리케이션을 위해 복잡한 마이크로디스플레이를 생산할 수 있는 코핀의 역량을 보여줍니다.

Kopin (NASDAQ: KOPN) a sécurisé une commande de production supplémentaire de 2 millions de dollars pour ses micro-affichages AMLCD Brillian, conçus pour des affichages montés sur les casques des pilotes d'avions à voilure tournante et fixe. La technologie d'affichage Brillian offre une conscience situationnelle supérieure tant de jour que de nuit, avec des niveaux de luminosité dépassant 34 000 nits et des rapports de contraste supérieurs à 500:1.

Les affichages sont implantés dans des HMD numériques transparents et haute définition avancés utilisés sur diverses plateformes militaires, notamment les chasseurs F-15, F-16, F/A-18 et les hélicoptères CH47F et UH-60. Cette commande fait partie d'un programme pluriannuel en cours, démontrant la capacité de Kopin à produire des micro-affichages complexes pour des applications critiques.

Kopin (NASDAQ: KOPN) hat eine Folgeproduktionsbestellung über 2 Millionen Dollar für seine AMLCD Brillian-Mikrodisplays gesichert, die für Helmdisplays (HMD) von Piloten in Drehflügler- und Flugzeugkonfigurationen entwickelt wurden. Die Brillian-Display-Technologie bietet eine überlegene Situationswahrnehmung sowohl bei Tages- als auch bei Nachtflugeinsätzen, mit Helligkeitswerten von über 34.000 Nits und einem Kontrastverhältnis von über 500:1.

Diese Displays werden in fortschrittlichen, transparenten, hochauflösenden digitalen HMDs eingesetzt, die auf verschiedenen militärischen Plattformen verwendet werden, darunter F-15, F-16, F/A-18 Kampfjets und CH47F und UH-60 Hubschrauber. Diese Bestellung ist Teil eines laufenden mehrjährigen Programms, das die Fähigkeit von Kopin zur Herstellung komplexer Mikrodiplays für einsatzkritische Anwendungen demonstriert.

Positive
  • Secured new $2 million follow-on production order
  • Product implementation across multiple military aircraft platforms
  • Part of an ongoing multi-year program indicating stable revenue stream
Negative
  • None.

Insights

This $2 million follow-on order for Brillian microdisplays represents a strategic win in the military aviation display market. The order's significance extends beyond its monetary value - it validates Kopin's position in mission-critical helmet-mounted displays (HMDs) for premier military aircraft including the F-15, F-16 and F/A-18 platforms.

The technical specifications of 34,000 nits brightness and 500:1 contrast ratio are industry-leading metrics. For context, consumer displays typically operate at 300-500 nits, making Kopin's solution nearly 70x brighter. This exceptional brightness is important for maintaining visibility in high-ambient light conditions that fighter pilots frequently encounter.

The integration across both fixed-wing and rotary platforms indicates strong program momentum and suggests potential for expanded adoption across other military applications. The follow-on nature of the order implies successful field performance and customer satisfaction, which typically leads to recurring revenue streams in defense contracts.

For a company with a market cap of $174.3 million, this $2 million order represents a meaningful revenue contribution of approximately 1.15% of market value. While modest in absolute terms, the strategic value lies in the potential for recurring orders and program expansion.

The defense sector traditionally offers higher margins and more stable revenue streams compared to commercial markets. This order's timing is particularly relevant as it demonstrates continued demand in a key growth vertical. The multi-year program mention suggests a predictable revenue pipeline, which investors typically value at higher multiples due to reduced uncertainty.

The order reinforces Kopin's competitive moat in high-performance microdisplays, a niche but critical market segment where technical barriers to entry are substantial. This positioning could drive valuation expansion if the company continues to secure similar contracts across defense platforms.

Kopin’s High-Brightness Brillian™ Microdisplay offers pilots enhanced visual recognition of critical data

WESTBOROUGH, Mass.--(BUSINESS WIRE)-- Kopin Corporation (NASDAQ: KOPN), a leading provider of application-specific optical systems and high-performance microdisplays for defense, training, enterprise, industrial, consumer and medical products, today announced that it has been awarded a $2 million follow-on production order for its AMLCD Brillian microdisplay for rotary and fixed-wing pilot helmet mounted displays.

Kopin’s full color Brillian display is used in a pilot’s helmet-mounted display system (HMD) and provides superior situational awareness and survivability in both day and night flight conditions. These advanced, see-through, high-definition, digital HMDs are used on a number of fixed-wing and rotary-wing platforms including F-15, F-16, and F/A-18 fighter jets and CH47F and UH-60 helicopters.

Kopin's patented Brillian microdisplays leverage revolutionary design and processing techniques to deliver remarkable image performance in applications demanding exceptional high brightness. Full-color Brillian displays exhibit brightness levels greater than 34,000 nits (10,000 foot-lamberts) and contrast ratios above 500:1. The full-color Brillian displays offer pilots enhanced visual recognition of critical data and information needed to complete missions.

“The follow-on purchase order is part of an ongoing multi-year program effort and highlights Kopin’s success in producing highly complex microdisplays for mission-critical applications,” stated Bill Maffucci, Senior Vice President of Business Development and Strategy at Kopin. “Our displays and application specific eyepieces are used in a wide range of demanding applications including pilot helmets, armored vehicle targeting systems, and soldier centric thermal weapon systems.

About Kopin

Kopin Corporation is a leading developer and provider of innovative display, and application-specific optical solutions sold as critical components and subassemblies for defense, enterprise, professional and consumer products. Kopin’s portfolio includes microdisplays, display modules, eyepiece assemblies, image projection modules, and vehicle mounted and head-mounted display systems that incorporate ultra-small high-resolution Active Matrix Liquid Crystal displays (AMLCD), Ferroelectric Liquid Crystal on Silicon (FLCoS) displays, MicroLED displays (µLED) 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. Kopin is a trademark of Kopin Corporation.

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 that the program our Brillian display is used for will be an ongoing multi-year program. Various factors, some of which are beyond our control, could cause actual results to differ materially from those expressed in, or implied by, such forward-looking statements. 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 by our Securities and Exchange Commission filings.

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For Investor Relations

Kopin Corporation

Richard Sneider, Treasurer and Chief Financial Officer

Richard_Sneider@kopin.com

508-870-5959

MZ Contact

Brian M. Prenoveau, CFA

MZ Group – MZ North America

KOPN@mzgroup.us

561-489-5315

Lightspeed PR Contact

Grace Halvorsen

Lightspeed PR/M

Kopin@lightspeedpr.com

Source: Kopin Corporation

FAQ

What is the value of Kopin's (KOPN) latest microdisplay order in 2024?

Kopin received a $2 million follow-on production order for its AMLCD Brillian microdisplays for pilot helmet mounted displays.

Which military aircraft use Kopin's (KOPN) Brillian display technology?

Kopin's Brillian displays are used in F-15, F-16, and F/A-18 fighter jets, as well as CH47F and UH-60 helicopters.

What are the key performance specifications of Kopin's (KOPN) Brillian displays?

Kopin's Brillian displays feature brightness levels greater than 34,000 nits (10,000 foot-lamberts) and contrast ratios above 500:1.

How is Kopin's (KOPN) new order related to their existing business?

The order is part of an ongoing multi-year program effort, demonstrating Kopin's continued success in producing complex microdisplays for mission-critical applications.

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