Kopin Stock Price, News & Analysis

Kopin (NASDAQ: KOPN) has been awarded Gold by the Globee Business Awards in the 'Achievement in Product or Service Innovation' category. The recognition comes for achieving the final milestone in production qualification of its high-performance Organic Light Emitting Diode on Silicon (OLEDoS) display for Collins Aerospace's F-35 Lightning II Helmet Mounted Display System (HMDS). CEO Michael Murray emphasized that this award validates Kopin's leadership in developing cutting-edge products and their commitment to technological innovation.

Kopin (NASDAQ:KOPN), a leading provider of application-specific optical systems and high-performance microdisplays, has announced its participation in the MicroCap Rodeo Fall Conference on October 16th, 2024, in New York City. CEO Michael Murray and CFO Richard Sneider will represent the company at the event.

The presentation is scheduled for 9:30 AM ET and will be webcast live. Interested parties can register to watch the virtual presentation through a provided link. Additionally, management will be available for one-on-one meetings with approved investors on the same day.

Kopin specializes in optical systems and microdisplays for various sectors, including defense, enterprise, industrial, consumer, and medical products. More information about the conference can be found at www.microcaprodeo.com.

Kopin (NASDAQ: KOPN) has secured a contract to develop a next-generation Night HUD (Heads Up Display) module for warfighters using night vision goggles. The Night HUD is designed to integrate with existing night vision devices, providing augmented reality capabilities and supporting tactical data inputs like the Android Tactical Assault Kit (ATAK).

Key features of the advanced Night HUD include:

• Higher resolution for sharper augmented imagery
• Improved readability
• Wider field of view
• Reduced weight and slimmer profile

The technology aims to enhance tactical operations and boost operational effectiveness while maintaining situational awareness without risking light exposure. Future versions are expected to offer full-color nighttime augmented reality capabilities.

Kopin (NASDAQ: KOPN) has secured its first production purchase order for the new SXGA-R15 microdisplay system for 3D Automated Optical Inspection (3D AOI) from Mirtec Co. of South Korea. The order includes a combination of Kopin's previous generation systems and the new SXGA-R15 system, with the majority being for the new model. Delivery is expected in 2025.

The SXGA-R15 offers a 25% reduction in size and weight compared to Kopin's previous product, along with high performance at a lower cost. It is designed for accurate defect detection in high-speed manufacturing environments. Zion Market Research predicts the global 3D AOI systems market will grow from $700 million to $3 billion by 2030.

Kopin (NASDAQ: KOPN) has announced its participation in AUSA 2024, the Army's premier event for professional development and North America's largest land power expo, taking place in Washington, DC from October 14-16. As a leading provider of optical systems and microdisplays for various industries, including defense, Kopin will showcase its innovative technologies for warfighters.

During the event, Kopin will demonstrate:

• Daytime and nighttime augmented HUD modules (DayVAS™ and DarkWAVE™)
• MicroLED technology
• NeuralDisplay™ technology
• Other defense and training products

Kopin's participation aligns with AUSA's core principle of fostering innovation and demonstrating the value of innovative programs and technology. Attendees can schedule meetings with Kopin experts by contacting sales@kopin.com.

Kopin (NASDAQ: KOPN), a provider of optical systems and microdisplays, announces its participation in VISION 2024, Europe's premier machine-vision trade show, from October 8-10 in Stuttgart, Germany. The company will showcase its latest SXGA-R15 microdisplay system, primarily used in 3D Automated Optical Inspection (3D AOI) machines. Kopin will also demonstrate higher resolution microdisplay systems for inspection applications.

Visitors can find Kopin at booth 75, Hall 10 throughout the event. The company invites attendees to learn about their products, interact with experts, and explore innovative applications. For more information on the SXGA-R15 and event registration, links are provided in the press release.

Kopin (NASDAQ: KOPN) has secured a contract to develop a next-generation, daytime-readable, augmented reality HUD (Head-Up Display) technology for warfighters. The new HUD aims to offer enhanced resolution, better daytime readability, and a greater see-through field of view while requiring less power. Key features include:

• Higher-resolution OLED microdisplay
• Larger see-through daytime readable field of view
• Superior power efficiency compared to waveguides
• Better visual acuity
• Lighter weight and lower profile
• A path to full-color daytime readability

The contract will allow Kopin to enhance its existing HUD capabilities, with the goal of releasing a deployable product for warfighters.

Kopin (NASDAQ: KOPN) has received a $1.3 million follow-on order for its Emerald microdisplay module to support a major weapon sight program. This order is part of an ongoing multi-year production program. The Emerald module is a fully integrated system featuring Kopin's monochrome transmissive AMLCD with SVGA resolution, LED backlight, and integrated drive electronics.

Bill Maffucci, Sr. VP of Business Development and Strategy at Kopin, highlighted that the Emerald microdisplay module delivers critical data to the warfighter's thermal sight with unparalleled clarity and brightness. The module incorporates Kopin's CyberDisplay® architecture, which has been used in over 300,000 weapon sight systems. Maffucci also stated that this follow-on order underscores the quality and reliability of Kopin's products and may lead to significant revenue and profitable growth, particularly in thermal weapon sight production volume for fiscal year 2025.

Kopin (NASDAQ: KOPN) has announced the pricing of a public offering of 37,550,000 shares of common stock at $0.65 per share. Additionally, they are offering pre-funded warrants to purchase 4,000,000 shares at $0.64 per warrant. The aggregate gross proceeds are expected to be approximately $27 million. Kopin plans to use the net proceeds for general corporate purposes, including working capital, internal R&D, capital expenditures, and potential litigation-related payments. The offering is expected to close around September 23, 2024. Canaccord Genuity is acting as the sole book runner, with Lake Street Capital Markets as co-manager.