Press release
Kopin Receives $4.4 Million Follow-on Order for Armored Vehicle Display Systems Enabling $100 Million in Potential Lifetime Program Revenue
WESTBOROUGH, Mass.--(BUSINESS WIRE)-- Kopin Corporation (Nasdaq: KOPN), a leading provider of application specific display systems for defense, enterprise,
About this update from Kopin Corporation
[{"type":"text","content":" WESTBOROUGH, Mass.--(BUSINESS WIRE)--\nKopin Corporation (Nasdaq: KOPN), a leading provider of application specific display systems for defense, enterprise, professional and consumer markets, today announced that it received a $4.4 million follow-on production qualification award from General Dynamics Land Systems for display systems for a major armored vehicle upgrade program.\n\n\nThe upgrade program enables crews to identify enemy targets from farther away through the introduction of higher performance sensors and displays. The Kopin display systems provide significant enhancements over current generation sights to allow the full capability of the new sensors to be presented to the vehicle crew.\n\n\n“This follow-on award from General Dynamics Land Systems is an important step in transitioning from the Engineering and Manufacturing Development (EMD) phase into full-scale development and a strong endorsement of the performance, durability and quality of the Kopin display systems developed for this program,” said Bill Maffucci, Kopin’s Senior Vice President for Business Development and Strategy. “These display systems provide advanced features not available in any other existing products and the high degree of performance and complexity embodied in them is a testament to the depth of engineering and manufacturing capabilities that Kopin uniquely provides to our customers. We are privileged to be selected to participate in such an important program.”\n\n\nThe Kopin display systems are complete assemblies that include Kopin developed microdisplays, electronics, and specialized optics contained in ruggedized housings capable of withstanding the harsh operating environment of the target platform. Several variants of the display systems are included in the program and due to the high level of integration and the planned quantities the total Kopin production potential exceeds $100 million.\n\n\nAbout Kopin Corporation\n\n\nKopin Corporation is a leading developer and provider of innovative display and optical technologies sold as critical components and subassemblies for defense, enterprise, professional and consumer products. Kopin’s portfolio includes microdisplays, display modules, eyepiece assemblies, image projection modules, and vehicle mounted and head-mounted display systems that incorporate ultra-small high-resolution Activ...