Kopin Receives Additional $12.8M Order For Thermal Weapon Sight Program

Kopin Corporation (NASDAQ:KOPN), a leading provider of application specific optical systems and high performance micro-displays for defense, enterprise, consumer and medical products, today announced it has received an

Kopin Corporation (NASDAQ:KOPN), a leading provider of application specific optical systems and high performance micro-displays for defense, enterprise, consumer and medical products, today announced it has received an approximately $12.8 million follow-on order for its eyepiece subassembly. The eyepiece subassembly is a critical component provided to a Department of Defense prime contractor that integrates the eyepiece into a sophisticated video “see through” AR optical module using Kopin’s high-brightness microdisplay together with custom-designed Pancake® optics.

The order is a significant increase in year-over-year demand which has scheduled deliveries of the eyepiece subassemblies in 2024, with early deliveries allowed.

“This is the third follow-on order we have received for this product, which is a testament to Kopin’s success in designing and manufacturing very complex microdisplay modules and subassemblies that are used in the most rugged environments and most importantly provide our soldiers and defense customers with the best possible equipment,” said Bill Maffucci, Kopin’s Vice President of Business Development and Strategy.

Michael Murray, Kopin’s Chief Executive Officer, stated, “This most recent order is the result of our increased focus on strategic customer engagement, new business development and operational improvements to deliver products on-time and in-full as we continue to build the foundation for significant revenue and profitable growth.”

Total
0
Shares
Related Posts
Read More

What’s Going On With Taiwan Semiconductor Stock?

TSMC is set to report its first-quarter financial results before the market open Thursday and will host a conference call to discuss the results at 2:00 p.m. ET the same day. According to estimates from Benzinga Pro, the company is expected to report earnings of $1.32 per share and quarterly earnings of $18.395 billion. 

ASML

Read More

Dario Launches Agreement With Large Regional Health Plan And Announces Preliminary Results For Q2 2023 As Well As Business Update; Sees Q2 Revenue $6M-$6.15M Vs $6.73M Est.; Preliminary Unaudited Cash And Cash Equivalents Of $52.6M As Of June 30

New account is set to launch in July 2023 for eligible members NEW YORK, July 24, 2023 /PRNewswire/ -- DarioHealth Corp. (NASDAQ:DRIO) ("Dario" or the "Company"), a leader in

DRIO