Kopin Expands into India Defense Market with Third Production Order Supporting Mounted and Handheld Thermal Vision Systems
29 Avril 2024 - 10:01PM
Business Wire
Kopin Corporation (NASDAQ: KOPN), a leading provider of
application-specific optical solutions and high-performance
microdisplays for defense, enterprise, consumer, and medical
products, has further expanded its customer base by receiving a
third production order for its Organic Light Emitting Diode (OLED)
microdisplays, for use in thermal imaging vision systems - both
mounted and handheld for Indian Armed Forces. Under the terms of
the latest production order for over 1,200 units, deliveries take
place over a six-month time span.
Kopin’s highly efficient OLED microdisplays are ideal for
portable thermal imaging vision systems, because of their
ultra-compact size and low power, which makes them suitable for
mobile battery-powered applications. The high-resolution display
provided in this order will deliver essential information to end
users and provide them with additional situational awareness and a
performance advantage.
“We are pleased to add international thermal imaging
applications to our strong portfolio of domestic thermal sight
eyepiece assemblies,” stated Bill Maffucci, Kopin’s Senior Vice
President of Business Development and Strategy. “The opportunity to
supply display products to the Indian Armed Forces provides us with
a significant expansion of our addressable market. The selection of
Kopin display products for this application is a testament to the
high performance, quality and reliability of our OLED products and
our commitment to on-time and in-full deliveries.”
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.
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. 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 30, 2023, or as updated from time to time our
Securities and Exchange Commission filings.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20240429582693/en/
Kopin Corporation: Bill Maffucci, 508-870-5959 SVP of
Business Development and Strategy bmaffucci@kopin.com
Richard Sneider, 508-870-5959 Treasurer and Chief Financial
Officer Richard_Sneider@kopin.com
or
MZ: Brian M. Prenoveau, CFA, 561 489 5315 MZ Group – MZ North
America KOPIN@mzgroup.us
Kopin (NASDAQ:KOPN)
Graphique Historique de l'Action
De Avr 2024 à Mai 2024
Kopin (NASDAQ:KOPN)
Graphique Historique de l'Action
De Mai 2023 à Mai 2024