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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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Kopin Corporation (NASDAQ: KOPN) announced a follow-on order worth approximately $2.8 million for its high-brightness liquid crystal displays, used in the F-35 Joint Strike Fighter program. This move is significant due to the F-35’s production expected to continue through 2030, potentially leading to more orders. As the sole supplier for this advanced AR helmet display technology, Kopin's experience from the program enhances its product offerings. This order boosts Kopin's delivery backlog into the third quarter of 2022.
Kopin Corporation (Nasdaq: KOPN) reported third-quarter revenues of $10.9 million, a 14% increase year-over-year, marking its ninth consecutive quarter of growth. The company attributes this to rising demand in defense and customer-funded development programs, with R&D revenue up 60%. Notable developments include a $1.1 million order for eyepieces and a $3.2 million order for Spatial Light Modulators. Challenges included supply chain issues, but no material negative effects were observed. Net loss was $2.1 million, with cash reserves at $31.8 million.
Kopin Corporation (NASDAQ: KOPN) has secured a $1.1 million order for eyepieces for the Joint Effects Targeting System (JETS) from the U.S. Army, expected to be delivered through 2022. The JETS system enhances target acquisition and engagement capabilities. Bill Maffucci, VP of Government Programs, highlighted the program's potential for multiple years of collaboration. Kopin specializes in display and optical technologies for various sectors, including defense.
Kopin Corporation (NASDAQ: KOPN) will announce its Q3 2021 financial results on November 2, 2021, at 8:30am ET.
The call will feature Dr. John C.C. Fan, President and CEO, alongside Richard Sneider, Treasurer and CFO, discussing financial outcomes, strategic direction, and business outlook.
Investors can join the call by dialing 1-800-437-2398 or 1-323-289-6576 internationally, with a live audio webcast available on Kopin's website.
Kopin Corporation (NASDAQ: KOPN) announced its CyberDisplay® WQVGA LVS display and A230 Driver IC have been integrated into Divesoft's new Optical Display Adapter (ODA) for divers. The ODA allows divers to access crucial diving data, enhancing safety and comfort. Weighing only 150 grams, it features sapphire glass optics and displays vital information like depth and ascent rate. The WQVGA LVS display boasts a resolution of 428x240 and low power consumption, making it suitable for outdoor use.
Kopin Corporation (NASDAQ: KOPN) announced a $3.4 million order from JUTZE Intelligence Technology to supply Spatial Light Modulators (SLMs) for advanced 3D inspection equipment. This order is part of Forth Dimension Displays Limited's commitment to the growing 3D Automated Optical Inspection market, projected to expand from $750 million in 2020 to $1.58 billion by 2025. The SLMs help improve manufacturing yields and product quality in electronics, particularly in the electric vehicle sector, enhancing JUTZE's competitive position in the market.
Kopin Corporation (NASDAQ: KOPN) has secured a follow-on order valued at approximately
Kopin Corporation (NASDAQ: KOPN) announced that CFO Richard Sneider will present at the Sidoti Fall 2021 Virtual Investor Conference. The presentation is scheduled for Wednesday, September 22, at 2:30 PM ET (11:30 AM PT). Investors can access a live webcast of the event on Kopin's investor relations site. Kopin specializes in wearable computing technologies and holds over 200 patents, including innovations in displays, optics, and smart headset systems. For more insights, visit their website at www.kopin.com.
Kopin Corporation (NASDAQ: KOPN) will have CFO Richard Sneider present at the H.C. Wainwright 23rd Annual Global Investment Conference on September 13 at 7:00 am ET. This event showcases Kopin's innovations in wearable computing technologies, which include ultra-small displays and smart headset systems. A webcast will be accessible on the company's investor relations website following the presentation. For more details about Kopin's technology and upcoming events, visit Kopin’s investor events page.
Kopin Corporation (Nasdaq: KOPN) reported a 12% increase in total revenues to $9.9 million for Q2 2021 compared to $8.8 million in Q2 2020. The company experienced growing demand across its defense, enterprise, and consumer segments, despite lower shipments in FWS-I thermal weapon sight systems. Kopin's R&D revenue grew by 59% year-over-year, driven by interest in its OLED technologies. However, the net loss for Q2 2021 was $3.8 million, a significant increase from $1.1 million in Q2 2020. Cash and equivalents rose to $30.8 million from $20.7 million at year-end.
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