KOPN

Kopin Appoints Ray Schubnel as Director of Quality

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星期一, 三月 27, 2023
Technology, Hardware, Harvard Business School, Raytheon Technologies, Business administration, Six Sigma, KOPN, Lehigh University, RF, Master of Business Administration, Management, Science, Lean

“Ray brings an extensive background in quality management with deep experience in the strategic, scientific, and hands-on implementation of quality systems, Six Sigma, and Lean manufacturing. I am delighted and excited to have him join Kopin -- he will be a strong asset to the Company as we expand our focus on application-specific optical systems,” said Paul Baker, Chief Operating Officer.

Key Points: 
  • Kopin® Corporation (Nasdaq: KOPN), a leading provider of application-specific optical systems for defense, enterprise, professional and consumer markets, today announced Mr. Raymond Schubnel has joined Kopin in the role of Director of Quality effective February 13, 2023.
  • “Ray brings an extensive background in quality management with deep experience in the strategic, scientific, and hands-on implementation of quality systems, Six Sigma, and Lean manufacturing.
  • Ray Schubnel joins Kopin from Raytheon Technologies where he held several quality and manufacturing leadership positions in the production of RF MMIC semiconductors through radar systems.
  • “I am thrilled to join the Kopin team and implement quality programs aimed at enhancing the Company’s exciting technologies and products.

Kopin Corporation Reports Financial Results for the Fourth Quarter and Full Year 2022

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星期二, 三月 14, 2023
Other Manufacturing, Wearables, Mobile Technology, Technology, Military, Manufacturing, Audio, Video, Hardware, Electronic Design Automation, Consumer Electronics, Defense, OLED, AR, Virtual reality, Form, Research, KOPN, Heart, Kopin Corporation, Murray, SG, General Services Administration, Form 10-K, Internal, Administration, R, Research and development, ATM, Risk, Corporation, Video game, Cryptocurrency, Kopin

Total revenues for the fourth quarter ended December 31, 2022 were $12.2 million, compared to $13.2 million for the fourth quarter ended December 25, 2021, an 8% decrease.

Key Points: 
  • Total revenues for the fourth quarter ended December 31, 2022 were $12.2 million, compared to $13.2 million for the fourth quarter ended December 25, 2021, an 8% decrease.
  • Research and Development (R&D) expenses for the fourth quarter of 2022 were $4.7 million compared to $5.2 million for the fourth quarter of 2021, an 11% decrease year over year.
  • Selling, General and Administration (SG&A) expenses were $4.9 million for the fourth quarter of 2022, compared to $4.1 million for the fourth quarter of 2021.
  • Net Loss Attributable to Kopin Corporation for the fourth quarter of 2022 was $6.2 million, or $0.07 per share, compared with Net Loss Attributable to Kopin Corporation of $3.3 million, or $0.04 per share, for the fourth quarter of 2021.

Kopin Achieves Major Milestone in Development of Next Generation F-35 Microdisplay

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星期三, 三月 8, 2023
Defense, Technology, Aerospace, Manufacturing, Other Technology, Other Defense, Hardware, Kopin, OLED, United States Department of the Air Force, Aircraft, Intelligence, Business development, AR, Air force, KOPN, Department of Defense Architecture Framework, DOD, HMDS, Marines, F-35, Safety, Television, Navy

The F-35, the world’s most advanced jet fighter, is a family of single-seat, single-engine, all-weather, day and night, stealth combat aircraft.

Key Points: 
  • The F-35, the world’s most advanced jet fighter, is a family of single-seat, single-engine, all-weather, day and night, stealth combat aircraft.
  • The F-35 aircraft is designed to perform both air superiority and strike missions while also providing electronic warfare and intelligence, surveillance, and reconnaissance.
  • Recently Kopin completed its full performance validation of the OLED display in preparation for customer qualification and flight testing.
  • “Performance validation for the new OLED display is an important milestone in the production qualification of our display and confirms the exceptional performance of our OLED technology,” stated Bill Maffucci, the Company’s Vice President of Business Development and Strategy.

Kopin Corporation Sets Fourth Quarter and Full Year 2022 Earnings Call

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星期二, 三月 7, 2023
Photography, Defense, Audio, Video, Military, Hardware, Consumer Electronics, Wearables, Mobile Technology, Technology, Financial result, Corporation, KOPN, Kopin Corporation, Eastern Time Zone, Cryptocurrency, Online shopping, Risk management

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, March 14, 2023 at 8:30am Eastern Time to discuss its financial results for the fourth quarter and full year 2022 ended December 25, 2022.

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, March 14, 2023 at 8:30am Eastern Time to discuss its financial results for the fourth quarter and full year 2022 ended December 25, 2022.
  • Financial results will be issued in a press release prior to the call.
  • Kopin Corporation management will host the conference call, followed by a question and answer session.

Kopin Corporation Engages MZ Group to Lead Strategic Investor Relations and Shareholder Communication Program

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星期二, 二月 28, 2023
Technology, Professional Services, Military, Other Manufacturing, Wearables, Mobile Technology, Health, Public Relations, Investor Relations, Apps, Applications, Government Technology, Other Defense, Communications, Manufacturing, Audio, Video, Defense, Finance, Optical, Consumer Electronics, AR, KOPN, Corporation, Kopin Corporation, CFA, MZ, Growth, VR, City, Application-specific integrated circuit

Kopin Corporation (NASDAQ: KOPN), a leading provider of application-specific optical solutions for defense, enterprise, industrial, and consumer products has engaged international investor relations specialists MZ Group (“MZ”) to lead their comprehensive strategic investor relations and financial communications program across all key markets.

Key Points: 
  • Kopin Corporation (NASDAQ: KOPN), a leading provider of application-specific optical solutions for defense, enterprise, industrial, and consumer products has engaged international investor relations specialists MZ Group (“MZ”) to lead their comprehensive strategic investor relations and financial communications program across all key markets.
  • MZ Group will work closely with KOPN’s management to build upon their investor relations and shareholder communication program designed to increase the Company’s visibility throughout the investment community.
  • MZ has developed a distinguished reputation as a premier resource for institutional investors, brokers, analysts, and private investors.
  • Michael Murray, CEO of Kopin stated, “We are focused on delivering the potential of AR and VR to the military, industrial and consumer spaces.

Kopin Announces Pricing of Public Offering

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星期三, 一月 25, 2023
Data Management, Defense, Apps, Applications, Technology, Software, Other Defense, Hardware, KOPN, Attention, EDGAR, Telephone, Sale, Montgomery Street, Offering, Suite, Kopin Corporation, Corporation, Stifel, Security (finance)

Kopin Corporation (Nasdaq: KOPN), a leading provider of application-specific optical solutions for defense, enterprise, industrial, and consumer products, today announced that it has priced an underwritten public offering of 14,000,000 shares of its common stock at a public offering price of $1.00 per share.

Key Points: 
  • Kopin Corporation (Nasdaq: KOPN), a leading provider of application-specific optical solutions for defense, enterprise, industrial, and consumer products, today announced that it has priced an underwritten public offering of 14,000,000 shares of its common stock at a public offering price of $1.00 per share.
  • In addition, in lieu of common stock to certain investors, Kopin today announced the pricing of its public offering of pre-funded warrants to purchase up to 6,000,000 shares of common stock at a public offering price of $0.99 per pre-funded warrant, which equals the public offering price per share of the common stock less the $0.01 per share exercise price of each pre-funded warrant.
  • The aggregate gross proceeds from the Offering will be approximately $19.9 million, before deducting discounts and commissions and other estimated offering expenses.
  • Kopin intends to use the net proceeds it receives from the offering for working capital and general corporate purposes.

Kopin Announces Proposed Public Offering of Common Stock and Pre-Funded Warrants

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星期二, 一月 24, 2023
Software, Defense, Audio, Video, Other Defense, Hardware, Data Management, Wearables, Mobile Technology, Technology, Sale, Prospectus, Attention, KOPN, Montgomery Street, Suite, Kopin Corporation, Corporation, Telephone, Security (finance), Stifel, Incorporated

Kopin Corporation (Nasdaq: KOPN ), a leading provider of application-specific optical solutions for defense, enterprise, industrial, and consumer products, today announced that it intends to offer shares of its common stock and pre-funded warrants for sale in an underwritten public offering.

Key Points: 
  • Kopin Corporation (Nasdaq: KOPN ), a leading provider of application-specific optical solutions for defense, enterprise, industrial, and consumer products, today announced that it intends to offer shares of its common stock and pre-funded warrants for sale in an underwritten public offering.
  • Kopin intends to grant the underwriters of the offering a 30-day option to purchase up to an additional 15% of the number of shares of common stock sold in connection with the offering.
  • The proposed offering is subject to market and other conditions, and there can be no assurance as to whether or when the offering may be completed, or as to the actual size or terms of the offering.
  • Kopin intends to use the net proceeds from the offering for working capital and general corporate purposes.

Kopin Corporation Provides Restructuring Update

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星期四, 一月 19, 2023
Data Management, Defense, Communications, Technology, Software, Other Defense, Public Relations, Investor Relations, MicroLED, Analysis, AMLCD, FLCOS, KOPN, Negotiation, Kopin Corporation, Financial condition report, Result, Risk, OLED, Annual report, Atlas Shrugged: Part I, Part Two, Risk management, Sales

Kopin® Corporation (Nasdaq:KOPN), a leading provider of application-specific optical solutions for defense, enterprise, industrial, and consumer products, today provided an update on its restructuring activities.

Key Points: 
  • Kopin® Corporation (Nasdaq:KOPN), a leading provider of application-specific optical solutions for defense, enterprise, industrial, and consumer products, today provided an update on its restructuring activities.
  • “On January 5, 2023, we announced a restructuring, which included the partial spinout of our OLED development unit and a reduction in force,” said Michael Murray, Kopin’s Chief Executive Officer.
  • “This week, we informed our employees that to accelerate application understanding, drive efficiencies and increase focus, we have reorganized the Company.
  • Kopin Corporation is a leading developer and provider of innovative application-specific optical solutions for integration into defense, enterprise, industrial, and consumer products.

Kopin Corporation to Present at the 25th Annual Needham Growth Conference

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星期四, 一月 5, 2023
Wearables, Mobile Technology, Hardware, Consumer Electronics, Mobile, Wireless, Technology, Lotte New York Palace Hotel, Conference, KOPN, Kopin Corporation, Corporation, Television, Private investigator

Kopin Corporation (NASDAQ:KOPN), a leading developer of innovative technologies and critical components for wearable computing systems, announced today that Mr. Michael Murray, Chief Executive Officer and Mr. Richard Sneider, Chief Financial Officer, will present at the 25nd Annual Needham Growth Conference on Wednesday January 11th, 2023.

Key Points: 
  • Kopin Corporation (NASDAQ:KOPN), a leading developer of innovative technologies and critical components for wearable computing systems, announced today that Mr. Michael Murray, Chief Executive Officer and Mr. Richard Sneider, Chief Financial Officer, will present at the 25nd Annual Needham Growth Conference on Wednesday January 11th, 2023.
  • Kopin’s management will conduct 40-minute one-on-one meetings from 8 a.m. to 5:00 p.m.
  • ET on Wednesday, January 11, and host a group presentation from 12:45-1:25 PM.
  • ET the same day at the Lotte New York Palace Hotel, NY

Kopin announces restructuring with partial spinout of OLED Development Unit and Reduction in Force

Retrieved on: 
星期四, 一月 5, 2023
Technology, Audio, Video, Hardware, Wearables, Mobile Technology, Partnership, Agreement, KOPN, LCD, Silicon, Virtual reality, Research, LCOS, Sale, LED, Lightning, Consumer, AR, VR, OLED, London, Television

Fan, Kopin’s Chairman of Board, and former Chief Executive Officer, to develop and supply advanced organic light emitting diode (OLED) microdisplays for the consumer augmented reality (AR) and virtual reality (VR) markets.

Key Points: 
  • Fan, Kopin’s Chairman of Board, and former Chief Executive Officer, to develop and supply advanced organic light emitting diode (OLED) microdisplays for the consumer augmented reality (AR) and virtual reality (VR) markets.
  • “The agreement allows Kopin to reduce personnel, development and operational costs associated with OLED development, while continuing to both serve our core markets with all microdisplay technologies and participate in the consumer market upside, as it matures.
  • Under the terms of the Agreement Lightning Silicon will receive a license to certain Kopin intellectual property to develop, manufacture and sell OLED technologies for use in the consumer market.
  • Kopin will receive an equity interest in Lightning Silicon and royalties from the sale of products related to the licenses.