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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) 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.
Kopin Corporation (NASDAQ: KOPN) will release its financial results for Q2 2021 on August 3, 2021, at 8:30 AM ET. During the conference call, President and CEO Dr. John C.C. Fan along with CFO Richard Sneider will discuss the company's strategy, financial results, and future business outlook. Investors can join the call by dialing 1-800-437-2398 for U.S. participants or 1-323-289-6576 from international locations. A live and archived audio webcast will be available on the Investor Relations section of Kopin's website.
Kopin Corporation (NASDAQ: KOPN) has entered a multiyear agreement with a major Japanese electronics company to develop 2K x 2K full-color LED microdisplays on silicon. Kopin will provide its proprietary backplane silicon wafers, while the partner will handle bonding and color conversion processes. The companies aim to showcase 1”-diagonal microdisplays within 24 months. This collaboration is an extension of Kopin's prior development with Jade Bird Display. The new LED microdisplays are expected to offer high brightness and low power consumption, making them suitable for augmented reality (AR) applications.
Kopin Corporation (NASDAQ: KOPN) has announced the production of the world’s first ultrahigh-brightness (> 35,000 nits), high-dynamic-range (HDR), green OLED microdisplay designed for Augmented Reality (AR) applications. This 1" diagonal SXGA (1280 x 1024 resolution) OLED microdisplay is in development, leveraging Kopin's duo-stack OLED structure for enhanced brightness and power efficiency. The partnership with a leading customer targets markets in automotive, aircraft, and medical imaging systems, setting a milestone for future AR and VR applications.
Kopin Corporation (NASDAQ: KOPN) announced its inclusion in the Russell 2000 Index, effective June 28, as part of the 2021 Russell indexes annual reconstitution. This recognition reflects Kopin's market success, supported by its innovative AR/VR wearable technologies. The Russell 2000 Index captures the 4,000 largest U.S. stocks by market capitalization, and Kopin's membership indicates its growth potential in key sectors like defense and consumer products. The Russell indexes are critical benchmarks for investment strategies, managing approximately $10.6 trillion in assets.
Kopin Corporation (NASDAQ: KOPN) has announced an innovative development of all-plastic Pancake optics, believed to be the first of its kind globally, designed for virtual reality (VR), augmented reality (AR), and mixed reality (MR) applications. This breakthrough technology includes patented manufacturing processes that significantly improve image quality while reducing weight and cost. The new P95 optics provide a 95° field of view, optimized for Kopin's high-resolution OLED microdisplays, enabling the creation of lightweight, compact headsets that aim to enhance user adoption in the VR market.
Kopin Corporation (NASDAQ: KOPN) has announced a follow-on order worth approximately $1.6 million for its high-brightness liquid crystal displays used in the F-35 Joint Strike Fighter program. This order increases Kopin's backlog, ensuring scheduled deliveries into Q1 2022. As the sole supplier of microdisplays for the F-35, Kopin benefits from a strong relationship with the Department of Defense, receiving valuable feedback for continuous technology improvements. The F-35 program, which is expected to continue through 2030, enhances Kopin's opportunities in both military and enterprise sectors.