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Kopin Corporation (symbol: KOPN) is a leading innovator in the wearable technology sector. For nearly three decades, the company has been at the forefront of developing cutting-edge solutions that enhance visual, verbal, audio, and head-gesture command capabilities in wearable headsets. Kopin's offerings are utilized across various sectors including consumer electronics, military, and industrial applications.
The company's core products include high-resolution microdisplays, optical modules, and complete headset solutions. These products are designed to serve a wide array of applications, from training and simulation for military personnel to advanced medical devices. Kopin's microdisplays and spatial light modulators are particularly noteworthy for their high performance and reliability, often used in critical defense technologies such as head-mounted displays for the F-35 fighter jet.
Kopin Corporation is also committed to continuous innovation, offering both individual components and integrated reference systems. This flexibility allows their customers to either incorporate specific Kopin technologies into their own designs or adopt complete, ready-to-use solutions. The company operates primarily in the Americas but also has a significant presence in the Asia-Pacific, Europe, and other regions.
Recent achievements include partnerships with major defense contractors and advancements in their optical solutions for augmented and virtual reality applications. Financially, Kopin has demonstrated robust performance, driven by their diversified product portfolio and expanding market reach.
Innovation is at the core of Kopin's mission, as they continue to pioneer new technologies that seamlessly integrate computing capabilities into everyday human experiences. With a legacy of excellence and a forward-looking approach, Kopin Corporation is enabling a new era in wearable technology.
Kopin Corporation (NASDAQ: KOPN) has received a $19.8 million order for its eyepiece subassembly used in the US Army's Family of Weapon Sight-Individual (FWS-I) thermal sight system. This order is part of a growing trend, bringing total production orders for FWS-I components to over $50 million. The company emphasizes its capability in designing and manufacturing complex microdisplay modules. Scheduled deliveries are set for Q4 2022.
Kopin Corporation (NASDAQ: KOPN) has commenced production deliveries of its Brillian Active Matrix Liquid Crystal Displays (AMLCD) for the US Army's Common Helmet Mounted Display (CHMD) System, an order worth $3.5 million. The program is expected to generate potential revenues of $30 million over the coming years. The Brillian displays offer brightness exceeding 34,000 nits and contrast ratios above 500:1, enhancing pilots' situational awareness. This development follows a multi-year effort to advance display technology for military applications.
Kopin Corporation (NASDAQ: KOPN) announced that Chief Financial Officer Richard Sneider will present at the Ladenburg Thalmann Virtual Technology Expo 2021. The presentation is scheduled for Thursday, November 18, at 8:30am ET (5:30am PT). Investors can access a recorded Webcast of the event on Kopin's investor relations website. Kopin specializes in innovative display and optical technologies, including AMLCD, LCOS, and OLED displays, serving defense, industrial, and consumer markets.
Kopin Corporation (NASDAQ: KOPN) announced a follow-on order worth approximately $2.8 million for its high-brightness liquid crystal displays, used in the F-35 Joint Strike Fighter program. This move is significant due to the F-35’s production expected to continue through 2030, potentially leading to more orders. As the sole supplier for this advanced AR helmet display technology, Kopin's experience from the program enhances its product offerings. This order boosts Kopin's delivery backlog into the third quarter of 2022.
Kopin Corporation (Nasdaq: KOPN) reported third-quarter revenues of $10.9 million, a 14% increase year-over-year, marking its ninth consecutive quarter of growth. The company attributes this to rising demand in defense and customer-funded development programs, with R&D revenue up 60%. Notable developments include a $1.1 million order for eyepieces and a $3.2 million order for Spatial Light Modulators. Challenges included supply chain issues, but no material negative effects were observed. Net loss was $2.1 million, with cash reserves at $31.8 million.
Kopin Corporation (NASDAQ: KOPN) has secured a $1.1 million order for eyepieces for the Joint Effects Targeting System (JETS) from the U.S. Army, expected to be delivered through 2022. The JETS system enhances target acquisition and engagement capabilities. Bill Maffucci, VP of Government Programs, highlighted the program's potential for multiple years of collaboration. Kopin specializes in display and optical technologies for various sectors, including defense.
Kopin Corporation (NASDAQ: KOPN) will announce its Q3 2021 financial results on November 2, 2021, at 8:30am ET.
The call will feature Dr. John C.C. Fan, President and CEO, alongside Richard Sneider, Treasurer and CFO, discussing financial outcomes, strategic direction, and business outlook.
Investors can join the call by dialing 1-800-437-2398 or 1-323-289-6576 internationally, with a live audio webcast available on Kopin's website.
Kopin Corporation (NASDAQ: KOPN) announced its CyberDisplay® WQVGA LVS display and A230 Driver IC have been integrated into Divesoft's new Optical Display Adapter (ODA) for divers. The ODA allows divers to access crucial diving data, enhancing safety and comfort. Weighing only 150 grams, it features sapphire glass optics and displays vital information like depth and ascent rate. The WQVGA LVS display boasts a resolution of 428x240 and low power consumption, making it suitable for outdoor use.
Kopin Corporation (NASDAQ: KOPN) announced a $3.4 million order from JUTZE Intelligence Technology to supply Spatial Light Modulators (SLMs) for advanced 3D inspection equipment. This order is part of Forth Dimension Displays Limited's commitment to the growing 3D Automated Optical Inspection market, projected to expand from $750 million in 2020 to $1.58 billion by 2025. The SLMs help improve manufacturing yields and product quality in electronics, particularly in the electric vehicle sector, enhancing JUTZE's competitive position in the market.
Kopin Corporation (NASDAQ: KOPN) has secured a follow-on order valued at approximately
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