Kopin Corporation

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

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星期三, 五月 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

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星期五, 五月 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

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星期四, 五月 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

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星期一, 四月 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

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星期四, 四月 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

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星期二, 四月 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.”

Kopin Exhibiting at SPIE Defense & Commercial Sensing Conference at the National Harbor, MD April 23 through April 25, 2024

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星期二, 四月 23, 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, is pleased to announce that it is exhibiting at the forthcoming SPIE Defense & Commercial Sensing Conference (DCS) – April 23 through 25, 2024 in Booth 812.

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, is pleased to announce that it is exhibiting at the forthcoming SPIE Defense & Commercial Sensing Conference (DCS) – April 23 through 25, 2024 in Booth 812.
  • Kopin will be demonstrating the very latest in high performance integrated micro display/optical solutions.
  • Included in the demonstrations are daytime readable head-mounted and augmented fire control displays for dismounted soldiers, armored vehicle trainer displays and 3D head-mounted displays (HMDs) for medical and training & simulation applications.
  • “Kopin’s unique combination of power-efficient high performance microdisplays coupled with novel near-eye optics and lightweight ergonomic packaging allows us to provide products that meet a multitude of needs across the many markets we serve,” stated Iwan Dodd, Vice President of Business Development.

Kopin Partners with BlueHalo for the Development of New Advanced Simulated Binoculars & Monoscope Products

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星期二, 三月 26, 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 been awarded a contract from BlueHalo LLC (BlueHalo) for the design, development, and production of advanced simulated binoculars and monoscope products for use in their Advanced Stinger Trainer (AST) system.

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 been awarded a contract from BlueHalo LLC (BlueHalo) for the design, development, and production of advanced simulated binoculars and monoscope products for use in their Advanced Stinger Trainer (AST) system.
  • Both products will significantly increase performance over those currently available in similar systems and add to Kopin’s well-established line of Training & Simulation products.
  • Kopin’s products, which are driven by a computer image generator, will incorporate a positional/directional tracking sensor to provide a realistic simulation of the equivalent fielded products.
  • We are pleased that Kopin is expanding our customer base with new partners like BlueHalo who has trusted Kopin with developing and producing these critical systems.”

Kopin Corporation Reports Financial Results for the Fourth Quarter and Full Year 2023

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星期四, 三月 14, 2024

Kopin Corporation (Nasdaq: KOPN), a leading provider of application-specific optical solutions for defense, enterprise, industrial, and consumer products, today reported financial results for the fourth quarter and full fiscal year ended December 30, 2023.

Key Points: 
  • Kopin Corporation (Nasdaq: KOPN), a leading provider of application-specific optical solutions for defense, enterprise, industrial, and consumer products, today reported financial results for the fourth quarter and full fiscal year ended December 30, 2023.
  • Product revenues for the fourth quarter ended December 30, 2023, were $6.8 million, compared to $8.7 million for the fourth quarter ended December 31, 2022.
  • R&D expenses for the fourth quarter of 2023 were $2.2 million compared to $4.7 million for the fourth quarter of 2022.
  • SG&A expenses were $5.9 million for the fourth quarter of 2023, compared to $4.9 million for the fourth quarter of 2022.

Kopin Achieves Important Defense OLED Deposition Milestones Including Market Leading Lifetime Brightness Exceeding 20,000 cd/m2

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星期二, 三月 12, 2024

Second, as part of this activity Kopin’s deposition partner has completed initial life testing on representative samples and has achieved near-zero degradation in brightness performance after operating displays at brightness levels exceeding 20,000 cd/m2 for several thousand hours.

Key Points: 
  • Second, as part of this activity Kopin’s deposition partner has completed initial life testing on representative samples and has achieved near-zero degradation in brightness performance after operating displays at brightness levels exceeding 20,000 cd/m2 for several thousand hours.
  • In addition, the initial displays using Kopin proprietary backplane have been fabricated and are entering into performance validation testing.
  • Kopin has developed a series of high-performance OLED displays that incorporate advanced features that are only available in recently developed designs.
  • The results to-date not only validate that we are on-track to complete this transition in 2024, but they also confirm the outstanding performance of the Kopin OLED displays as market leading.”