Kopin Corporation

Kopin Announces Upcoming Conference Participation

Retrieved on: 
Giovedì, Maggio 30, 2024

Kopin Corporation (“Kopin” or “the Company”) (Nasdaq: KOPN), a leading developer and provider of high-performance application-specific optical solutions consisting of high-resolution microdisplays, microdisplays subassemblies and related components for defense, enterprise, industrial, and consumer products, today announced that management will be participating in the following investor conferences during June and will be available for one-on-one meetings.

Key Points: 
  • Kopin Corporation (“Kopin” or “the Company”) (Nasdaq: KOPN), a leading developer and provider of high-performance application-specific optical solutions consisting of high-resolution microdisplays, microdisplays subassemblies and related components for defense, enterprise, industrial, and consumer products, today announced that management will be participating in the following investor conferences during June and will be available for one-on-one meetings.
  • Baird 2024 Global Consumer, Technology & Services Conference, June 4, New York – Management will Management will present Tuesday, June 4 at 7:55 am ET and participate in one-on-one meetings.
  • Stifel Cross Sector Insight Conference, June 5, Boston – Management will present Wednesday, June 5 at 9:10 am ET and participate in one-on-one meetings.

Kopin Director Signs Employment Agreement With Another Company Requiring Resignation from Board

Retrieved on: 
Martedì, Maggio 21, 2024

Mr. Anchin has entered into a new employment agreement with another company that requires him to resign from all outside Board roles.

Key Points: 
  • Mr. Anchin has entered into a new employment agreement with another company that requires him to resign from all outside Board roles.
  • Kopin’s Chaiman of the Board, James Brewington, commented, "Scott has been an integral part of our Board and we have valued his leadership and advice over the last five years.
  • Among other things, Scott was instrumental in helping us to identify our current CEO, Michael Murray, and helping Michael through the transition.
  • Kopin has engaged Egon Zehnder, a global leadership advisory firm to identify Mr. Anchin's replacement on the Board of Directors.

Kopin Corporation Reports Financial Results for the First Quarter 2024

Retrieved on: 
Martedì, Maggio 14, 2024

Kopin Corporation (“Kopin” or “the Company”) (Nasdaq: KOPN), a leading developer and provider of high-performance application-specific optical solutions consisting of high-resolution microdisplays, microdisplays subassemblies and related components for defense, enterprise, industrial, and consumer products, today reported financial results for the first quarter ended March 30, 2024.

Key Points: 
  • Kopin Corporation (“Kopin” or “the Company”) (Nasdaq: KOPN), a leading developer and provider of high-performance application-specific optical solutions consisting of high-resolution microdisplays, microdisplays subassemblies and related components for defense, enterprise, industrial, and consumer products, today reported financial results for the first quarter ended March 30, 2024.
  • Also in the first quarter, Kopin received a $20.5M order for a new weapon sight configuration deliverable in 2024 and 2025.
  • “Kopin continues to demonstrate very strong momentum in our book-to-bill rate which ended positively in the first quarter of 2024.
  • Net Loss Attributed to Kopin Corporation for the first quarter of 2024 was ($32.5) million, or ($0.27) per share, compared with ($2.6) million, or ($0.03) per share, for the first quarter of 2023.

Kopin to Explore Low Latency Digital Night Vision Under New SBIR Contract

Retrieved on: 
Lunedì, Maggio 13, 2024

For over 20 years analog binocular night vision goggles (NVGs) have supported the warfighter’s need to see at night.

Key Points: 
  • For over 20 years analog binocular night vision goggles (NVGs) have supported the warfighter’s need to see at night.
  • Advanced solutions such as the Enhanced Night Vision Goggle – Binocular (ENVG-B) have proven very useful in their ability to bring mixed reality and valuable situational awareness using a digital microdisplay and optics that overlay augmented visual information on the analog night vision goggle scene.
  • Kopin’s role in the new contract is to tightly integrate its high-resolution, high-speed OLED with power efficient digital night vision imaging sensors to eliminate the need for optical overlay and to reduce the size and forward projection of the night vision system.
  • “We are pleased that our displays have been selected as a key enabler for the advanced technology development funded under this contract.

Kopin Corporation Schedules First Quarter 2024 Earnings Call Tuesday, May 14, 2024 at 8:30am ET

Retrieved on: 
Mercoledì, Maggio 8, 2024

Kopin Corporation (NASDAQ: KOPN), a leading provider of application-specific optical solutions for defense, enterprise, industrial, and consumer products will hold a conference call on Tuesday, May 14, 2024 at 8:30 AM Eastern Time to discuss its financial results for the first quarter 2024 ended March 30, 2024.

Key Points: 
  • Kopin Corporation (NASDAQ: KOPN), a leading provider of application-specific optical solutions for defense, enterprise, industrial, and consumer products will hold a conference call on Tuesday, May 14, 2024 at 8:30 AM Eastern Time to discuss its financial results for the first quarter 2024 ended March 30, 2024.
  • Financial results will be issued in a press release prior to the call.

Kopin Appoints Greg Truman to Vice President, Business Development

Retrieved on: 
Venerdì, Maggio 3, 2024

Kopin Corporation (NASDAQ: KOPN) a leading provider of application-specific optical solutions and high-performance micro-displays for defense, enterprise, consumer, and medical products, today announced it has appointed Greg Truman to the position of Vice President, Business Development for Europe, Middle East, and Asian/Pacific markets.

Key Points: 
  • Kopin Corporation (NASDAQ: KOPN) a leading provider of application-specific optical solutions and high-performance micro-displays for defense, enterprise, consumer, and medical products, today announced it has appointed Greg Truman to the position of Vice President, Business Development for Europe, Middle East, and Asian/Pacific markets.
  • This newly created position is being established to allow Kopin to increase its focus on a growing set of international opportunities for its application-specific optical solutions and microdisplay products.
  • Mr. Truman has held various general management positions within Kopin and has overseen the sales and marketing efforts at Kopin’s subsidiaries, Forth Dimension Displays in Dalgety Bay, Scotland, and NVIS, Inc. in Reston, Virginia.
  • “Greg Truman is an industry veteran with extensive experience in microdisplays and display subsystems, and we are very pleased to have him moving to our business development team,” stated Bill Maffucci, Kopin’s Senior Vice President of Business Development and Strategy.

Kopin to Demonstrate Day and Night Readable Warfighter Vision Concepts at SOF Week

Retrieved on: 
Giovedì, Maggio 2, 2024

The need for advanced head-mounted display solutions that are easily readable in all ambient lighting conditions is increasing as the number of digital information sources for the Warfighter continues to expand.

Key Points: 
  • The need for advanced head-mounted display solutions that are easily readable in all ambient lighting conditions is increasing as the number of digital information sources for the Warfighter continues to expand.
  • Kopin is developing several products that address this growing market by capitalizing on the company’s strong technology portfolio and extensive experience with dismounted Warfighter vision systems.
  • We look forward to discussing and demonstrating Kopin’s capabilities for supplying electro-optical solutions to the armed services and our collaborative partners.”
    SOF Week is the premier convention for the entire SOF Community.
  • Kopin encourages customers to reach Nic Peterson at [email protected] to pre-arrange private discussions and demonstrations during the convention.

Kopin Expands into India Defense Market with Third Production Order Supporting Mounted and Handheld Thermal Vision Systems

Retrieved on: 
Lunedì, Aprile 29, 2024

Under the terms of the latest production order for over 1,200 units, deliveries take place over a six-month time span.

Key Points: 
  • Under the terms of the latest production order for over 1,200 units, deliveries take place over a six-month time span.
  • Kopin’s highly efficient OLED microdisplays are ideal for portable thermal imaging vision systems, because of their ultra-compact size and low power, which makes them suitable for mobile battery-powered applications.
  • The high-resolution display provided in this order will deliver essential information to end users and provide them with additional situational awareness and a performance advantage.
  • “The opportunity to supply display products to the Indian Armed Forces provides us with a significant expansion of our addressable market.

Kopin Achieves Important Technical Milestones in Development of NeuralDisplay™ Architecture

Retrieved on: 
Giovedì, Aprile 25, 2024

Kopin has been developing a software-defined, artificially intelligent microdisplay architecture for integrated eye tracking and dynamic brightness and contrast controls.

Key Points: 
  • Kopin has been developing a software-defined, artificially intelligent microdisplay architecture for integrated eye tracking and dynamic brightness and contrast controls.
  • As part of the development plan, Kopin has demonstrated an OLED display that tracks eye movement, position and gaze while displaying video using Kopin’s internally developed software and AI engine.
  • The robust hardware architecture for the NeuralDisplay includes display units and binocular wearable mounts.
  • This design not only supports the fundamental features of the technology but is also versatile enough to demonstrate its key benefits effectively.

Kopin Corporation versus BlueRadios Inc. Update

Retrieved on: 
Martedì, Aprile 23, 2024

On Monday, April 22, 2024, a jury verdict was entered in the U.S. District Court for the District of Colorado finding for the plaintiff, BlueRadios, Inc. and awarding approximately $5.1 million in damages as well as recommending $19.7 million in disgorgement and exemplary damages.

Key Points: 
  • On Monday, April 22, 2024, a jury verdict was entered in the U.S. District Court for the District of Colorado finding for the plaintiff, BlueRadios, Inc. and awarding approximately $5.1 million in damages as well as recommending $19.7 million in disgorgement and exemplary damages.
  • The Court will take that recommendation under advisement and will rule on the final number after briefing on the issues in the matter of BlueRadios, Inc. v. Kopin Corporation, Inc.
    “We are very disappointed in the outcome and do not believe the findings were justified by the facts presented,” said Michael Murray, Kopin’s Chief Executive Officer.
  • “We are reviewing our options at this time, including an appeal of any judgment that is ultimately entered by the Court.”