Kopin Stock Price, News & Analysis

Kopin Corporation (KOPN) will feature Dr. John C.C. Fan, its Founder and Chairman, in a panel discussion on October 7, 2022, at 12 PM ET. The event will focus on the current state of Augmented Reality and the Metaverse, and is accessible via their Twitter account @WSJPLUS. Kopin specializes in high-resolution micro-displays and sub-systems for defense, enterprise, and consumer applications within augmented and virtual reality sectors.

Kopin Corporation (NASDAQ: KOPN) announced a $3 million production order for a new weapon sight module, affirming its leadership in weapon sight eyepieces for military applications. The module features advanced augmented reality capabilities and utilizes their proprietary CyberDisplay technology, proven in over 250,000 systems. Expected deliveries will occur in 2023, and the order opens doors for potential follow-on contracts, particularly due to the ongoing situation in Europe, which presents further opportunities for the company.

Kopin Corporation (NASDAQ: KOPN) is set to present at the H.C. Wainwright 24th Annual Global Investment Conference on September 13, 2022, at 9:30 AM ET in New York City. CFO Richard Sneider will lead the presentation. A live webcast will be available on the investor relations section of Kopin's website. Kopin is a significant player in developing innovative display and optical technologies, supplying components for defense, industrial, and consumer products.

Kopin Corporation (Nasdaq: KOPN) announces the appointment of Michael Murray as CEO, effective September 6, 2022, succeeding founder Dr. John C. C. Fan, who remains Chairman. Dr. Fan emphasized the search for a successor and endorsed Murray's leadership for the company's growth. Murray brings extensive experience from roles at Ultra Electronics Group, Aceinna, and Analog Devices, focusing on technology and strategy. His leadership aims to enhance Kopin's position in micro-displays across defense, industrial, and consumer markets.

Kopin Corporation (Nasdaq: KOPN) reported Q2 2022 total revenues of $11.9 million, marking a 20% increase year-over-year, with product revenues rising 30%. The defense sector saw an impressive 87% growth in product revenues, driven by new orders for advanced display technologies. However, the industrial/enterprise sector experienced a 38% decline in revenues. Operating expenses rose due to increased R&D investments, and the net loss widened to $5.6 million. Despite these challenges, Kopin remains optimistic about future growth in defense and consumer markets.

Kopin Corporation (NASDAQ: KOPN) will release its financial results for Q2 2022 on August 2, 2022, at 8:30 am ET. The call will be led by President and CEO Dr. John C.C. Fan, along with CFO Richard Sneider, to discuss financial metrics, strategic direction, and future business outlook. Investors can join via telephone or listen to the live audio webcast through the company's website.

Kopin Corporation (NASDAQ: KOPN) announced production orders worth approximately $3.8 million for its new ultra-bright, full-color Brillian Active Matrix Liquid Crystal Display (AMLCD), designed for helicopter pilots. These displays provide high-resolution images essential for flight and targeting information. Scheduled deliveries will occur through Q4 2023, with expectations of additional follow-on orders over several years. Bill Maffucci, VP of Government Programs, highlighted the importance of these displays in military applications and noted a strong backlog, including significant prior orders.

moziware expands production of its cimō smart glasses, leveraging Kopin's Golden Pearl microdisplay technology. The cimō glasses, designed for the mobile enterprise workforce, offer capabilities for virtual collaboration and data capture. Kopin's CEO John C. C. Fan states that the collaboration addresses the needs of 2 billion frontline workers globally. This development is positioned within the growing market of industrial wearables, suggesting strong future demand for Kopin's products.

Kopin Corporation (NASDAQ: KOPN) has secured a contract to develop a new in-vehicle display imaging system for a U.S. prime defense contractor. This marks the second such development program awarded to Kopin, highlighting its strong presence in U.S. defense applications. The system will utilize Kopin's high-brightness, low-power FLCOS microdisplay technology and custom optics, designed for harsh environments. Expectations are set for this program to transition into production, generating revenue over multiple years, as stated by Bill Maffucci, VP of Government Programs.