Slide 1: Investor Presentation
DEFENSE / AI INFRASTRUCTURE / TRAINING + SIMULATION / ENTERPRISE + INDUSTRIAL / MEDICAL / CONSUMER Investor Presentation August 2026
Slide 2: Safe Harbor Statement
PRODUCTS SAFE HARBOR STATEMENT This document contains forward-looking statements. The words “believe,” “may,” “will,” “potentially,” “estimate,” “continue,” “anticipate,” “intend,” “could,” “would,” “project,” “plan,” “expect” and similar expressions that convey uncertainty of future events or outco
Slide 3: Corporate Overview
PRODUCTS CORPORATE OVERVIEW Kopin Corporation is a leading developer of innovative display, and application-specific optical solutions for defense, enterprise, professional and consumer products MARKETS NASDAQ • Industry Leader: Evolution from a commodity supplier to a valued, leading-edge partner a
Slide 4: Global Markets Served Overview
PRODUCTS Global MARKETS SERVED OVERVIEW MicroDisplay Market1 $ in Billions $5.3 MicroDisplays have a wide range of applications in defense, AI 26.4% Infrastructure, consumer electronics, automotive and healthcare. CAGR MARKETS $1.7 • Defense and Aerospace are incorporating advanced situational aware
Slide 5: Application Specific Optical Solutions (ASOS)
PRODUCTS APPLICATION SPECIFIC OPTICAL SOLUTIONS (ASOS) Evolution from a Commodity Supplier to a Valued, Leading-Edge Partner • Customer driven applications require Microdisplays be mounted within MARKETS ergonomically designed enclosures, utilizing custom optics & driver BETTER OPTICAL electronics S
Slide 6: Digital Overlay on the Real World
PRODUCTS DIGITAL OVERLAY ON THE REAL WORLD Better Optical Solutions Improve Productivity and Accuracy in Multiple Applications MARKETS DVO Stays on Weapon Maintain Fixed Reticle Retains Boresight GPS & Compass COMPANY Target ID Wind & Range Active Target Reticle Rapid Targeting > First Shot Accuracy
Slide 7: Proprietary Microdisplay Portfolio
PRODUCTS PROPRIETARY MICRODISPLAY PORTFOLIO Product and Technologies Offer a Wide Range of Applications and Growth Opportunities MARKETS • MicroDisplays are miniaturized display units with small screen sizes and high resolutions (<2” diagonally) • Liquid Crystal Display (LCD) technology has traditio
Slide 8: Next Generation NeuralDisplay Solution
PRODUCTS NEXT GENERATION NEURALDISPLAY™ SOLUTION NeuralDisplay™ is a bidirectional display with integrated imaging tracking eye movement, gaze and adapts to your eyes – not forcing your eyes to adapt to the device MARKETS COMPANY Next generation solutions require AI software for adaptive, dynamic ey
Slide 9: Neural I/o Market Focus
PRODUCTS MARKETS COMPANY NEURAL I/o™ MARKET FOCUS Near Package Optical Co-Packaged Optical Foundry Services Transceivers Transceivers • Research and Development of • Neural I/o™ Proof of concept is on • MicroLED structures MicroLED structures track with Fabric.Ai. • Wafer and bump die solutions • Mi
Slide 10: Defense + Aerospace Applications
PRODUCTS MARKETS COMPANY DEFENSE + AEROSPACE APPLICATIONS 10
Slide 11: Defense Market Opportunity
PRODUCTS DEFENSE MARKET OPPORTUNITY Defense Spending is Increasing in the US and EU MARKETS COMPANY • Department of Defense budget request for 2026 = $961B1 • Dramatic and escalating tensions in Europe and Middle East • Soldier Worn Communication Systems require heads-up AR/VR • NATO Spending expect
Slide 12: Defense Market Drivers, Dynamics & Tailwinds
PRODUCTS DEFENSE MARKET DRIVERS, DYNAMICS & TAILWINDS Tier 1 Customers / Improved Performance / Tactical Advantages in the Field Growing Tier 1 Customer Base Improved Technological Performance Tactical Advantages MARKETS COMPANY • Most systems use Monochrome displays; due • AI-Enabled targeting, tel
Slide 13: Existing Programs in Production
PRODUCTS EXISTING PROGRAMS IN PRODUCTION Existing Production Programs of Record Represent $25-35M+ Peak Annual Revenue Soldier centric systems and fixed & rotary aircraft pilot helmets MARKETS IWS LR Pilot Helmets TWS COMPANY Joint Effect IWS Targeting System U.S. Rotary (“JETS”) Aircraft US DoD The
Slide 14: Future Programs in Development
PRODUCTS FUTURE PROGRAMS IN DEVELOPMENT New Development Programs Represent $105-115M+ Peak Annual Incremental Revenue Setting the Stage for Long-Term Growth MARKETS COMPANY First Person Viewer Next Generation Short DarkWave™ Monochrome MicroLED Range Interceptor (NGSRI) Drone Controllers Color Micro
Slide 15: Military-Wide NeuralDisplay Adoption
PRODUCTS MILITARY-WIDE NEURALDISPLAY™ ADOPTION Product and Technologies Offer a Wide Range of Applications and Growth Opportunities NeuralDisplay™ Backplane Technology Adoption MARKETS Consumer, Medical AR/VR and Weapon Sights OLED MicroDisplay Fixed wing aircraft µLED MicroDisplay COMPANY AMLCD Mic
Slide 16: Theon International Partnership
PRODUCTS THEON INTERNATIONAL PARTNERSHIP THEON INTERNATIONAL (AMS: THEON) is a leading developer and manufacturer of customizable night vision, thermal imaging systems and Electro-Optical ISR MARKETS systems for military and security applications focused on Europe, Southeast Asia and within several
Slide 17: Next Generation Short Range Interceptor
PRODUCTS NEXT GENERATION SHORT RANGE INTERCEPTOR Two Separate Programs Supporting the Current Stinger and NGSRI 10 Year Program of Record MARKETS BlueHalo / Aeroenvironment BIOC and Mono Training and Lockheed Martin Eye Piece for NGSRI: Low-Rate Initial Production Simulation System of 2K units start
Slide 18: Commercial Applications
PRODUCTS MARKETS COMPANY COMMERCIAL APPLICATIONS 18
Slide 19: Medical End Market
PRODUCTS MEDICAL END MARKET CR3 Head-Mounted Display – Ophthalmologic, Neuro, Endoscopic and Robotic Surgeries MARKETS We combine high-resolution 3D imaging and real-time patient-specific information overlays with peripheral vision and a design that eliminates neck pain and physical fatigue for COMP
Slide 20: Why Neural I/o?
PRODUCTS WHY NEURAL I/o™? Neural I/o™ vs. Lasers Neural I/o™ vs. Copper • Lasers and optical bundles are far more expensive than that of ONE • Lower cost of total ownership vs. multiple SERDES, Copper traces, Board MicroLED Space / cost and… MARKETS • CMOS-compatible (unlike many III-V lasers) • Muc
Slide 21: Neural I/o / MicroLED Production Capabilities
PRODUCTS NEURAL I/O™ / MICROLED PRODUCTION CAPABILITIES (WHY KOPIN) • 2k x 2k (16m pixels) with Micro lenses in production 1.8M fL × 3.426 ≈ 6.17 million nits (cd/m²) • Sustained brightness for extended lifetime values • Patented MicroLED structures MARKETS • Over ~$50M spent over several years of f
Slide 22: Neural I/o Transceivers and Co-Packaged Optics for AI Infrastructure
PRODUCTS NEURAL I/O™ TRANSCEIVERS AND CO-PACKAGED OPTICS FOR AI INFRASTRUCTURE MARKETS • Neural I/o™ Proof of concept is on track with Fabric.Ai. • New Roadmap of Transceivers and Co-packaged Optical devices has been formed with potential COMPANY customer feedback. • Kopin will focus on short run in
Slide 23: Manufacturing Footprint
PRODUCTS MANUFACTURING FOOTPRINT United States & United Kingdom Manufacturing Facilities Dalgety Bay, Scotland Westborough, MA FLCOS Manufacturing MARKETS Corporate HQ LCD Manufacturing HLA (High level assembly) COMPANY Dallas, TX Optics and Photonics Design Center Reston, VA Head mounted Displays T
Slide 24: Robust Patent Portfolio
PRODUCTS ROBUST PATENT PORTFOLIO Extensive IP Portfolio Covers Critical Technologies Required for Application-Specific Optical Solutions Breakdown of Patents MARKETS Optics Other >200 Pending or Issued Patents COMPANY Ergonomic >20 Patents Related to OLED Design Headset Backplane Technology >6 Pendi
Slide 25: Financial Highlights
PRODUCTS FINANCIAL HIGHLIGHTS Operational Improvements & Macro Tailwinds Leading to Improving Financial Performance • 97% “On Time, In Full”: Drives better customer relationships and opportunities Revenue MARKETS ($ in Millions) • $45M+ 1H 2026 Defense Bookings: Significant pipeline of revenue oppor
Slide 26: Our Leadership Team
PRODUCTS OUR LEADERSHIP TEAM Executive Leadership with Deep Domain Expertise and Track Record of Success MARKETS COMPANY Michael Murray Erich Manz Paul Baker Bill Maffucci CEO & President CFO COO SVP of Product Dev. & Strategy • Joined Kopin in September • Joined Kopin in 2014 • Joined Kopin in 2015
Slide 27: Investment Highlights
PRODUCTS INVESTMENT HIGHLIGHTS Unique Market Market Industry MARKETS Position Opportunity Leader Only player in the US market that Large and growing MicroDisplay #1 MicroDisplay provider for attractive offers solutions addressing market forecasted to reach $5.3B end markets in defense, enterprise &
Slide 28: Investor Relations
DEFENSE / AI INFRASTRUCTURE / TRAINING + SIMULATION / ENTERPRISE + INDUSTRIAL / MEDICAL / CONSUMER Investor Relations Lucas A. Zimmerman KOPN@mzgroup.us 949-259-4987