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Kopin Corporation (KOPN) delivers cutting-edge optical solutions and wearable technologies for defense, simulation, and consumer markets. This dedicated news hub provides investors and industry professionals with timely updates on the company's technological advancements and strategic developments.
Access comprehensive coverage of Kopin's press releases, including product innovations, R&D milestones, and defense sector partnerships. Our curated collection features essential updates on microdisplay enhancements, spatial light modulation breakthroughs, and integrated wearable system deployments.
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Bookmark this page for streamlined access to Kopin's latest corporate announcements and technology disclosures. Regular updates provide critical insights into the company's engineering achievements and market strategy execution.
Kopin Corporation (NASDAQ: KOPN) announced a $1 million production order for Spatial Light Modulators (SLMs) from South Korea's Nexstar Technology. This order supports Nexstar's Nexman GENIO series, designed for 3D Automated Optical Inspection (3D AOI) and Solder Paste Inspection (SPI). Kopin's subsidiary, Forth Dimension Displays, has expanded its partnerships with South Korean inspection equipment manufacturers, supplying high-performance SLMs crucial for enhancing inspection accuracy in electronics. The 3D AOI systems market is projected to grow significantly, reflecting strong industry demand.
Kopin Corporation (NASDAQ: KOPN), a leader in wearable computing technologies, announced that CEO Dr. John C.C. Fan and CFO Richard Sneider will present at the Stifel 2022 Cross Sector Insight Conference on June 7, 2022, at 2:25 PM ET in Boston, Massachusetts. The event will be available via live webcast at this link and on Kopin's investor relations page. Kopin specializes in innovative display technologies for defense, industrial, and consumer products.
Kopin Corporation (NASDAQ: KOPN) has secured a follow-on order valued at approximately $4.8 million for its high-brightness AMLCD microdisplays for the F-35 Joint Strike Fighter program. This marks the third consecutive year of substantial orders from this defense initiative, underscoring Kopin's role as the sole supplier of microdisplays for F-35 pilot helmets. The order contributes to the company's backlog, extending scheduled deliveries into Q4 2023. The F-35 is a pivotal fighter jet for the U.S. Department of Defense, emphasizing advanced augmented reality technology for enhanced pilot situational awareness.
Kopin Corporation (Nasdaq: KOPN) reported Q1 2022 revenues of $11.6 million, flat compared to Q1 2021, amid supply chain challenges. Customer-funded R&D revenues surged 38% year-over-year, providing a robust development pipeline, particularly in micro OLED and LED displays. The company achieved a $4.7 million gain from equity investments. However, costs increased significantly, with R&D expenses rising by 52% to $5.4 million. Despite a net loss of $1.4 million, down from $4.1 million in the previous year, Kopin maintains a positive outlook for growth in AR and VR markets.
Kopin Corporation (NASDAQ: KOPN) will announce its financial results for Q1 2022 on Tuesday, May 3, 2022, at 8:30am ET. CEO Dr. John C.C. Fan and CFO Richard Sneider will discuss the results, strategy, and outlook during the call. Interested parties can join by dialing U.S. and Canada at 1-888-256-1007 or 1-323-994-2093 internationally, or via a live webcast on Kopin's website.
Kopin specializes in innovative display technologies, serving defense, industrial, and consumer sectors.
Kopin Corporation (NASDAQ: KOPN) has announced new orders for its OLED displays and silicon backplane products, indicating expanding customer interest in its technology. The company has begun shipping its Lightning 720p OLED microdisplays for thermal imaging applications, showcasing its power efficiency with ~160 mW consumption at 2000 nits. Additionally, it received orders for Lightning 2K OLED backplane wafers aimed at high-resolution AR and VR applications. This validates Kopin's fabless business model and confirms its competitive advantages in the display technology sector.
Kopin Corporation (NASDAQ: KOPN) reported a 14% revenue increase to $45.7 million for 2021, driven by a 41% rise in Industrial/Enterprise revenues and a 120% increase in Consumer revenues for OLED products. Although Q4 revenues fell by 5% due to lower defense product sales, the company highlighted a strong demand for spatial light modulators. A notable achievement was the introduction of All-Plastic Pancake Optics for Metaverse headsets and a 2.6K x 2.6K OLED Display-on-Chip demonstration. The company ended 2021 with a net loss of $13.7 million but maintained a solid cash position with no long-term debt.
Kopin Corporation (NASDAQ: KOPN) will announce its Q4 and full year 2021 financial results on March 8, 2022, at 8:30 am ET. The call will be led by CEO Dr. John C.C. Fan and CFO Richard Sneider, who will discuss financial outcomes, strategy, and future outlook. Interested participants can join via phone or through a live audio webcast on their website.
Kopin develops innovative wearable technologies, critical components for various sectors.
Kopin Corporation (NASDAQ: KOPN), a leader in wearable computing technologies, announced that CFO Richard Sneider will present at the 24th Annual Needham Virtual Growth Conference on January 12 at 8:30 AM ET (5:30 AM PT). A live webcast will be available on Kopin's investor relations website. Kopin specializes in innovative display and optical technologies for defense, industrial, and consumer products, including AMLCD, LCOS, and OLED displays. For further details, visit Kopin's investor events page.
Kopin Corporation (NASDAQ: KOPN) unveiled its new all-plastic Pancake optics (P80) compatible with its 1.3” 2.6K x 2.6K OLED microdisplay, aimed at enhancing virtual reality (VR) experiences. This optics design ensures compact, lightweight VR glasses with a comfortable fit, featuring a 77° field-of-view and long eye relief. The system supports high brightness (over 1000 nits), excellent color fidelity, and frame rates up to 120 Hz. These innovations are presented as the next step towards user-friendly, high-performance VR technology, set to be showcased on January 6th at an event in Las Vegas.