Kopin Corporation and MICLEDI Microdisplays Announce Agreement to Collaborate on microLED Displays for Next Generation Vision Solutions
January 04 2024 - 4:01PM
Business Wire
Kopin Corporation (NASDAQ: KOPN), a leading provider of
application-specific optical systems and high performance
micro-displays for defense, enterprise, consumer and medical
products, and MICLEDI Microdisplays, a fabless semiconductor design
and technology company developing microLED displays for Augmented
Reality (AR), today announced a strategic agreement to work
together to design, develop, and manufacture advanced microLED
displays to provide a more immersive and information-rich AR
experience for use in high-brightness light conditions.
The program will utilize MICLEDI’s unique CMOS production flow
and Kopin’s superior backplane control and driving capabilities,
along with its deep experience in manufacturing complete display
systems, to create full color microLED displays integrated with an
advanced CMOS technology node for high-performance defense,
enterprise, consumer, and medical systems.
“The demand for AR solutions, particularly for defense programs,
has never been higher as users desire more immersive and
information-rich experiences,” said Bill Maffucci, senior vice
president for Business Development and Strategy at Kopin.
“MICLEDI’s microLED technology, combined with Kopin’s advanced
backplane design capabilities, aims to create microLED displays
that address the demanding needs of emerging applications without
the deficiencies of current technologies.”
“We are pleased with Kopin’s adoption and co-development of our
disruptive AR display technology in truly innovative system
solutions,” said Sean Lord, CEO at MICLEDI. “To enable optimum
microdisplays for AR, we believe MICLEDI has developed the world’s
first solution for microLED manufacturing in a 300mm CMOS line,
which allows integrating both controller ASIC and emitter module on
a 300mm wafer in a highly efficient, high volume, and low-cost
manufacturing flow. Unique solutions can be tailored to the
particular requirements of each end-use system, making MICLEDI’s
microLEDs manufactured in collaboration with Kopin’s backplane and
system integration skills, applicable to a variety of specialized
AR microdisplay systems.”
MICLEDI will be at CES 2024 in Las Vegas located at The Venetian
in a private suite hosting meetings and live demonstrations. To
make an appointment please contact Harold Blomquist, at
harold.blomquist@micledi.com or +1 858-335-4599.
About Kopin
Kopin Corporation is a leading developer and provider of
innovative display and optical technologies sold as critical
components and subassemblies for defense, industrial and consumer
products. Kopin's technology portfolio includes ultra-small
Active-Matrix Liquid Crystal displays (AMLCD), Liquid Crystal on
Silicon (LCOS) displays and Organic Light Emitting Diode (OLED)
displays, a variety of optics, and low-power ASICs. For more
information, please visit Kopin's website at www.kopin.com.
About MICLEDI Microdisplays
MICLEDI Microdisplays is a fabless developer of microLED display
modules for a broad range of market applications requiring
ultra-compact displays. The company was spun-out from IMEC, a
highly respected Belgian R&D center, in 2019. MICLEDI’s
technology is based on an innovative combination of III/V materials
processing, 3D integration and 300mm silicon-based processing to
enable compact monolithic AR displays with high image quality and
power efficiency. For more information, visit www.micledi.com.
Forward-Looking Statements
Statements in this press release may be considered
“forward-looking statements” within the meaning of Section 27A of
the Securities Act of 1933, as amended (the “Securities Act”), and
Section 21E of the Securities Exchange Act of 1934, as amended (the
“Exchange Act”), which are subject to the safe harbor created by
such sections. Words such as “expects,” “believes,” “can,” “will,”
“estimates,” and variations of such words and similar expressions,
and the negatives thereof, are intended to identify such
forward-looking statements. We caution readers not to place undue
reliance on any such “forward-looking statements,” which speak only
as of the date made, and advise readers that these forward-looking
statements are not guarantees of future performance and involve
certain risks, uncertainties, estimates, and assumptions by us that
are difficult to predict. These forward-looking statements may
include statements with respect to the design, development, and
manufacture advanced microLED displays to provide a more immersive
and information-rich AR experience for use in high-brightness light
conditions. Various factors, some of which are beyond our control,
could cause actual results to differ materially from those
expressed in, or implied by, such forward-looking statements. All
such forward-looking statements, whether written or oral, and
whether made by us or on our behalf, are expressly qualified by
these cautionary statements and any other cautionary statements
that may accompany the forward-looking statements. In addition, we
disclaim any obligation to update any forward-looking statements to
reflect events or circumstances after the date of this press
release, except as may otherwise be required by the federal
securities laws. These forward-looking statements are only
predictions, subject to risks and uncertainties, and actual results
could differ materially from those discussed. Important factors
that could affect performance and cause results to differ
materially from management’s expectations are described in Part I,
Item 1A. Risk Factors; Part II, Item 7. Management’s Discussion and
Analysis of Financial Condition and Results of Operations; and
other parts of our Annual Report on Form 10-K for the fiscal year
ended December 31, 2022, or as updated from time to time our
Securities and Exchange Commission filings.
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version on businesswire.com: https://www.businesswire.com/news/home/20240104017598/en/
Contact for Kopin: Richard Sneider, 508-870-5959
Treasurer and Chief Financial Officer Richard_Sneider@kopin.com
or
MZ Contact: Brian M. Prenoveau, CFA, 561-489-5315 MZ
Group – MZ North America KOPN@mzgroup.us
Contact for MICLEDI: Jessica Roland Lages &
Associates (949) 453-8080 jessica@lages.com
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