Kopin to Explore Low Latency Digital Night Vision Under New SBIR Contract
13 Mai 2024 - 10:11PM
Business Wire
Kopin Corporation (NASDAQ: KOPN) a leading provider of
application-specific optical solutions and high-performance
micro-displays for defense, enterprise, consumer and medical
products, today announced it has received a contract from a new
Defense customer to support the integration of Kopin’s organic
light emitting diode (OLED) microdisplay with a power efficient low
latency digital night vision sensor (PEDBNVIS) that approaches
analog goggle performance, for use in next generation warfighter
integrated visual acuity systems.
For over 20 years analog binocular night vision goggles (NVGs)
have supported the warfighter’s need to see at night. Advanced
solutions such as the Enhanced Night Vision Goggle – Binocular
(ENVG-B) have proven very useful in their ability to bring mixed
reality and valuable situational awareness using a digital
microdisplay and optics that overlay augmented visual information
on the analog night vision goggle scene. Kopin’s role in the new
contract is to tightly integrate its high-resolution, high-speed
OLED with power efficient digital night vision imaging sensors to
eliminate the need for optical overlay and to reduce the size and
forward projection of the night vision system.
“Warfighters will benefit from an integrated fully digital night
vision device that can display a wide variety of spectral and
symbology information in a compact and power efficient assembly,
enabling improvements in system layout and overall packaging,” said
Bill Maffucci, Kopin’s Senior Vice President of Business
Development and Strategy. “We are pleased that our displays have
been selected as a key enabler for the advanced technology
development funded under this contract. Successful achievement of
the program’s objectives will create a significant new high-volume
production opportunity for Kopin’s OLED displays.”
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. These forward-looking statements include
statements with respect to successful achievement of the program’s
objectives to integrate Kopin’s organic light emitting diode (OLED)
microdisplay with a power efficient low latency digital night
vision sensor (PEDBNVIS). 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.
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version on businesswire.com: https://www.businesswire.com/news/home/20240513583702/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 Contact: Brian M.
Prenoveau, CFA, 561-489-5315 MZ Group – MZ North America
KOPIN@mzgroup.us
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