Kopin Secures Multiple Orders for Sentinel FPV™ Prototypes as Drone Dominance Program Accelerates
Key Terms
situational awareness technical
Many of these customers are active contenders in the
Kopin’s Sentinel FPV platform is being considered by multiple customers for its unique combination of dual situational awareness, extremely low weight,
DDP winners have the potential to require tens of thousands of FPV goggles, creating a major opportunity for domestic suppliers. Volume orders are expected to begin in late August immediately following the DDP Phase 2 evaluations and awards, with requirements for immediate delivery as awards are issued.
“We’re seeing tremendous momentum as multiple customers — including several competing in the Drone Dominance Program — turn to Kopin’s
Kopin continues to pursue additional strategic partnerships with drone manufacturers and system integrators seeking high-performance,
Forward Looking Statements
Statements in this press release that are not historical facts are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements include, but are not limited to, expectations regarding customer demand, prototype evaluations, the conversion of prototype orders into production orders, government program awards, production volumes, manufacturing readiness, strategic partnerships, and future business opportunities.
These forward-looking statements are based on the Company's current expectations and are subject to risks and uncertainties that could cause actual results to differ materially, including changes in government funding or procurement priorities, customer purchasing decisions, the outcome of prototype evaluations, the timing or receipt of production awards, manufacturing or supply chain challenges, competitive developments, and other risks described in the Company's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K and subsequent Quarterly Reports on Form 10-Q.
The Company undertakes no obligation to update any forward-looking statements except as required by applicable law.
About Kopin
Kopin Corporation (Nasdaq: KOPN) is a leading developer and provider of innovative display, Optical Interconnect devices and application-specific optical solutions sold as critical components and subassemblies for defense, enterprise, professional and consumer products. Kopin’s portfolio includes microdisplays, display modules, eyepiece assemblies, image projection modules and vehicle mounted and head-mounted display systems that incorporate ultra-small high-resolution Active Matrix Liquid Crystal displays (AMLCD), Ferroelectric Liquid Crystal on Silicon (FLCoS) displays, MicroLED displays (µLED) and Organic Light Emitting Diode (OLED) displays, a variety of optics and low-power ASICs and optical interconnect devices for data centers.
For more information, please visit Kopin’s website at www.kopin.com.
Kopin is a trademark of Kopin Corporation.
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Corporate Contact
Kopin Corporation
Erich Manz, Chief Financial Officer
EManz@kopin.com
508-870-5959
Investor Relations Contact
Lucas A. Zimmerman
MZ Group – MZ North America
KOPN@mzgroup.us
949-259-4987
Source: Kopin Corporation