ENVG

Syntec Optics Launches Innovative Thermal Clip-On Scope (Nasdaq: OPTX)

Retrieved on: 
Wednesday, December 20, 2023
Outline, Ken Silverman, Projection, ENVG, Telescopic sight

American soldiers can now defend against camouflaged targets/threats and leverage enhanced situation awareness without the inconvenience of any additional equipment or flip-in-place devices currently in use.

Key Points: 
  • American soldiers can now defend against camouflaged targets/threats and leverage enhanced situation awareness without the inconvenience of any additional equipment or flip-in-place devices currently in use.
  • Director of Sales Sara Hart said, “Thermal Clip-On Imager (Phoenix) is an innovative infrared thermal device which has the ability to convert almost any variable power optic scope (1-6x, 1-8x, or other) into a fused-sight scope.”
    The Phoenix has multiple modes of use.
  • These include a full thermal mode and an outline mode used for camouflaged object detection.
  • Looking through the day vision scope, the thermal image will be fused with the visible scene, empowering the user with thermal heat detection capability combined with existing conventional daylight optics.”

eMagin Corporation Announces First Quarter 2023 Results

Retrieved on: 
Thursday, May 11, 2023
Operating cost, DPD, PEO, Training, Defense, EMagin, ENVG, Innovation system, Port, Government, VR, IBAS, US, PIN, EBITDA, State, OLED, ABL, Silicon, R, RGB, NYSE, AR, Television, Video game, Fine chemical, Pharmaceutical industry

HOPEWELL JUNCTION, N.Y., May 11, 2023 (GLOBE NEWSWIRE) -- eMagin Corporation, or the “Company,” (NYSE American: EMAN), a U.S.-based leader in the development, design, and manufacture of Active-Matrix OLED microdisplays for high-resolution, AR/VR and other near-eye imaging products, today announced results for its first quarter ended March 31, 2023.

Key Points: 
  • HOPEWELL JUNCTION, N.Y., May 11, 2023 (GLOBE NEWSWIRE) -- eMagin Corporation, or the “Company,” (NYSE American: EMAN), a U.S.-based leader in the development, design, and manufacture of Active-Matrix OLED microdisplays for high-resolution, AR/VR and other near-eye imaging products, today announced results for its first quarter ended March 31, 2023.
  • Total revenues for the first quarter of 2023 decreased 11% to $6.6 million, compared with $7.4 million reported in the prior-year period.
  • Operating expenses for the first quarter of 2023, including R&D expenses, were $4.0 million, compared with $3.7 million in the prior-year period.
  • Adjusted EBITDA for the first quarter of 2023 is a negative $1.4 million, compared with negative $0.2 million in the prior-year period.

eMagin Corporation Announces Fourth-Quarter and Full-Year 2022 Results

Retrieved on: 
Thursday, March 9, 2023
Simulation, EMagin, Department of Defense Architecture Framework, PEO, OLED, Society for Information Display, Visual acuity, Patriot Act, Title III, AS9100, Night vision, ISO, R, ENVG, IBAS, PIN, Government, Title, Growth, AR, WUXGA, Active matrix, Lender option borrower option, Society, ATM, Defense, EBITDA, USB On-The-Go, Investment, SID, Aviation, Elementary and Secondary Education Act, Title III Part A, Sale, NYSE, DPD, Television, Video game, Cryptocurrency, Pharmaceutical industry, Medical device, Film industry, Instrumentation

HOPEWELL JUNCTION, N.Y., March 09, 2023 (GLOBE NEWSWIRE) -- eMagin Corporation, or the “Company,” (NYSE American: EMAN), a U.S.-based leader in the development, design and manufacture of Active Matrix OLED microdisplays for high-resolution, AR/VR and other near-eye imaging products, today announced results for its fourth quarter and full-year 2022.

Key Points: 
  • Our backlog of open orders as of December 31, 2022, shippable within 12 months, was $14.8 million.
  • These were important milestones for eMagin because these certifications are required by most customers in the aerospace, aviation and defense industries.
  • “Throughout 2022, we improved our positioning as a supplier of choice to address the rapidly expanding AR/VR market with our patented direct-patterned technology dPd™.
  • “The fourth quarter of 2022 was the fifth consecutive quarter in which eMagin achieved year-over-year growth in product revenues and exceeded $7.0 million in quarterly product revenues.

eMagin Corporation Announces Third Quarter 2022 Results

Retrieved on: 
Thursday, November 10, 2022
Program, Operating cost, GLOBE, PIN, ATM, Elementary and Secondary Education Act, Title III Part A, AR, Risk, NYSE, Investment, DPD, EMagin, Income, Simulation, Defense, Department, Sale, Department of Defense Architecture Framework, COVID-19, Securities Act of 1933, R, Visual acuity, SEC, Annual report, PEO, Aviation, Securities Exchange Act of 1934, EBITDA, IBAS, Company, VR, Government, ABL, D, Growth, CEO, Energy Independence and Security Act of 2007, ISO 9001:2015, ENVG, Certification, Television, Video game, OLED

HOPEWELL JUNCTION, N.Y., Nov. 10, 2022 (GLOBE NEWSWIRE) -- eMagin Corporation, or the “Company,” (NYSE American: EMAN), a leader in the development, design, and manufacture of Active-Matrix OLED microdisplays for high-resolution, AR/VR and other near-eye imaging products, today announced results for its third quarter ended September 30, 2022.

Key Points: 
  • Our display sales grew during the third quarter of 2022, reflecting strong military shipments and increased medical segment revenues.
  • Total revenues for the third quarter of 2022 increased 31% to $7.6million, compared with $5.8million reported in the prior-year period.
  • Excluding this positive impact, third quarter 2022 gross margin would have been 30% on gross profit of $2.3 million.
  • Adjusted EBITDA for the third quarter of 2022 improved to positive $0.7million, compared with negative $2.1million in the prior-year period.

eMagin Corporation Announces Second Quarter 2022 Results

Retrieved on: 
Thursday, August 11, 2022
Elementary and Secondary Education Act, Title III Part A, Energy Independence and Security Act of 2007, Risk, Display, ABL, Czech Institute For International Meetings, Industry, Exhibition, NYSE, GLOBE, CEO, R, Growth, Securities Exchange Act of 1934, SEC, Visual acuity, International Symposium on Computer Architecture, ATM, Simulation, Annual report, STRI, Government, DPD, EBITDA, COVID-19, Company, Certification, Program, IBAS, Society, ENVG, PIN, EMagin, Color, Operating cost, PEO, Securities Act of 1933, Device file, VR, AR, Defense, Television, Video game, Fossil fuel, OLED

HOPEWELL JUNCTION, N.Y., Aug. 11, 2022 (GLOBE NEWSWIRE) -- eMagin Corporation, or the “Company”, (NYSE American: EMAN), a leader in the development, design, and manufacture of Active-Matrix OLED microdisplays for high-resolution, AR/VR and other near-eye imaging products, today announced results for its second quarter ended June 30, 2022.

Key Points: 
  • Total revenues for the second quarter of 2022 increased 14% to $7.2million, compared with $6.3million reported in the prior-year period.
  • In addition, during the second quarter of 2022 the Company began to recognize revenue under its new PEO STRI development contract.
  • Operating expenses for the second quarter of 2022, including R&D expenses, were $3.4million, compared with $3.5million in the prior-year period.
  • Adjusted EBITDA for the second quarter of 2022 improved to negative $0.3million, compared with negative $2.0million in the prior-year period.

eMagin Corporation Announces First Quarter 2022 Results

Retrieved on: 
Thursday, May 12, 2022
AR, Forgiveness, Program, MBA, CEO, Company, Engineering, EBITA, ABL, R, EBITDA, Certification, AS9100, Government, PPP, VR, DPD, EMagin, Operating cost, Defense, Â, COVID-19, Paycheck Protection Program, BS, RGB, Virginia University, Securities Act of 1933, Securities Exchange Act of 1934, Industry, NATO, LED, IBAS, ENVG, Energy Independence and Security Act of 2007, Risk, Chemical engineering, SEC, Growth, Silicon, West Virginia University, NYSE, Annual report, GLOBE, John Sculley, Television, Video game, OLED

HOPEWELL JUNCTION, N.Y., May 12, 2022 (GLOBE NEWSWIRE) -- eMagin Corporation, or the “Company,” (NYSE American: EMAN), a leader in the development, design, and manufacture of Active-Matrix OLED microdisplays for high-resolution, AR/VR and other near-eye imaging products, today announced results for its first quarter ended March 31, 2022.

Key Points: 
  • HOPEWELL JUNCTION, N.Y., May 12, 2022 (GLOBE NEWSWIRE) -- eMagin Corporation, or the Company, (NYSE American: EMAN), a leader in the development, design, and manufacture of Active-Matrix OLED microdisplays for high-resolution, AR/VR and other near-eye imaging products, today announced results for its first quarter ended March31, 2022.
  • Total revenues for the first quarter of 2022 increased to $7.4million, compared with $6.8million reported in the prior-year period.
  • Operating expenses for the first quarter of 2022, including R&D expenses, were $3.7million, compared with $3.7million in the prior-year period.
  • Adjusted EBITDA for the first quarter of 2022 improved to negative $0.2million, compared with positive $0.8million in the prior-year period.

Teledyne FLIR Awarded $500 Million U.S. Army Contract for Family of Weapons Sights-Individual Program

Retrieved on: 
Thursday, May 5, 2022
Hardware, Defense, Audio, Video, Technology, Contracts, United Kingdom, Army of the United States, NYSE, Software, Aberdeen Proving Ground, Smoke, FWS, ENVG, Army, III, TDY, Leadership, Family, Indefinite, Weapon, RTA, Acquisition, Telescopic sight, Trapping, Teledyne Technologies

Teledyne FLIR Defense, part of Teledyne Technologies Incorporated (NYSE:TDY), announced that it has won a five-year, firm-fixed-price, Indefinite Delivery/Indefinite Quantity (ID/IQ) contract worth up to $500.2 million to provide advanced thermal imaging systems for the U.S. Armys Family of Weapons Sights-Individual (FWS-I) program.

Key Points: 
  • Teledyne FLIR Defense, part of Teledyne Technologies Incorporated (NYSE:TDY), announced that it has won a five-year, firm-fixed-price, Indefinite Delivery/Indefinite Quantity (ID/IQ) contract worth up to $500.2 million to provide advanced thermal imaging systems for the U.S. Armys Family of Weapons Sights-Individual (FWS-I) program.
  • The FWS-I program falls under the auspices of the Armys Program Executive Office Soldier.
  • This substantial program award is a milestone achievement for Teledyne FLIR and a testament to their leadership in thermal imaging for more than 40 years.
  • Teledyne FLIR, a Teledyne Technologies company, is a world leader in intelligent sensing, unmanned systems, and integrated solutions for defense and industrial markets, with roughly 4,000 employees worldwide.

L3Harris Receives First Full Rate Production Orders for Advanced Tactical Radios on US Army’s HMS Contracts

Retrieved on: 
Monday, September 27, 2021
Technology, Other Defense, Contracts, Engineering, Aerospace, Manufacturing, Software, Networks, Defense, Securities Act of 1933, Mobile device, Telecommunication, Energy Independence and Security Act of 2007, Intention, L3Harris Technologies, Atmosphere, ENVG, Technology, Program, Army, HMS, ITN, LHX, Contract, Securities Exchange Act of 1934, NYSE, Army of the United States, Risk management

L3Harris Technologies (NYSE:LHX) has received full-rate production orders for the U.S. Armys HMS (Handheld, Manpack & Small Form-Fit) program providing advanced multi-channel, multi mission communications for the Integrated Tactical Network.

Key Points: 
  • L3Harris Technologies (NYSE:LHX) has received full-rate production orders for the U.S. Armys HMS (Handheld, Manpack & Small Form-Fit) program providing advanced multi-channel, multi mission communications for the Integrated Tactical Network.
  • The radios also fully support the Armys unified network strategy, that will allow flexibility to upgrade waveforms as new technology emerges.
  • The Armys Indefinite Delivery Indefinite Quantity contracts for the handheld Leader and manpack radios include a 5-year base and an additional 5-year option, with a ceiling of more than $16 billion.
  • The Army expects to purchase approximately 100,000 two-channel Leader Radios and 65,000 HMS Manpack radios.

L3Harris to Deliver Enhanced Night Vision Goggle Technology to the US Army

Retrieved on: 
Thursday, September 16, 2021
Other Manufacturing, Technology, Other Defense, Contracts, Security, Other Technology, Manufacturing, Audio, Video, Hardware, Defense, LHX, STORM, Efficiency, Atmosphere, Technology, Securities Exchange Act of 1934, POR, Energy Independence and Security Act of 2007, Intention, L3Harris Technologies, Army, Army of the United States, NYSE, Contract, Night vision, Securities Act of 1933, ENVG, Congress, Telescopic sight, Risk management

The U.S. Army has awarded L3Harris Technologies (NYSE:LHX) a $100 million order for the Enhanced Night Vision Goggle Binocular (ENVG-B) system that will enhance soldier situational awareness, mobility, survivability and lethality.

Key Points: 
  • The U.S. Army has awarded L3Harris Technologies (NYSE:LHX) a $100 million order for the Enhanced Night Vision Goggle Binocular (ENVG-B) system that will enhance soldier situational awareness, mobility, survivability and lethality.
  • Since 2018, L3Harris has delivered more than 6,000 ENVG-B systems to the Army as part of both the POR and Directed Requirements contracts.
  • ENVG-B is todays most advanced, combat-ready situational awareness goggle and delivers game changing technology to the Armys close combat forces.
  • Im proud of the important role New Hampshire plays in safeguarding our national security, including this award for L3Harris Technologies in Londonderry to produce enhanced night vision goggles.