Kopin Receives $1.4 Million Production Order For Specialized Weapon Sight Module
January 30 2024 - 8:30AM
Business Wire
Kopin Corporation (NASDAQ: KOPN), a leading developer and
provider of high-resolution microdisplays and application-specific
optical sub-assemblies for defense, enterprise, consumer and
medical products, today announced it has received a $1.4 million
follow-on production order for a specialized long range optical
weapon sight module for the international market.
“This follow on order highlights Kopin' continuing leadership in
designing and manufacturing sophisticated weapon sight eyepieces
not just for U.S. soldiers but also for our foreign allies,” said
Bill Maffucci, Kopin's Sr. Vice President of Business Development
and Strategy. “This order is an example of our microdisplays and
optical subassemblies proving their effectiveness in the most
rugged environments around the world.”
This weapon sight module offers a sophisticated video “see
through” augmented reality capability that gives soldiers critical
information with clear, bright symbology in their weapons sights.
The weapon sight module incorporates Kopin’s proprietary
CyberDisplay® and custom-designed optics, which have been proven as
the reliable and high-performing core in more than 300,000 weapon
sight systems.
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 differentiated technology portfolio includes
ultra-small Active-Matrix Liquid Crystal displays (AMLCD), Liquid
Crystal on Silicon (LCOS) displays, Organic Light Emitting Diode
(OLED) displays, Micro LED (µLED) displays, a variety of optics,
and low-power ASICs. For more information, please visit Kopin's
website at www.kopin.com.
Kopin and CyberDisplay are trademarks of Kopin Corporation.
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,"
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. 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 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/20240130532038/en/
For Product and sales information Kopin Corporation Bill
Maffucci, 508-870-5959 Sr. VP of Business Development and Strategy
bmaffucci@kopin.com
For Investor Relations Kopin Corporation Richard
Sneider Treasurer and Chief Financial Officer
rsneider@kopin.com
MZ Contact Brian M. Prenoveau, CFA MZ Group – MZ North
America KOPN@mzgroup.us +561 489 5315
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