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 an approximately $6 million follow-on order for one of its thermal weapon sight eyepiece subassemblies.
The eyepiece subassembly is a critical component provided to a Department of Defense prime contractor that integrates the eyepiece into a sophisticated video "see through" AR optical module using Kopin's proprietary high-brightness microdisplay and custom-designed Pancake® optics.
This additional increase in demand potentially triples our thermal weapon sight production volumes in fiscal year 2024, as compared to 2023.
Market forecasts by Region and by System with subsegments by: Vision System, Body Protection System, C3 System, Power System, and Weapons. Technology and Market Overview, Impact and Opportunity Analysis, and Leading Companies Profiles
Download free sample pages More information"This fourth follow-on order we have received for this product is a testament to Kopin's responsiveness and reliability in delivering weapon sights and targeting products in this fast-changing global environment," said Bill Maffucci, Kopin's Vice President of Business Development and Strategy.
Michael Murray, Kopin's Chief Executive Officer, stated, "This most recent order is the result of our continued focus on becoming a world-class developer and manufacturer of application-specific optical solutions that consistently delivers on-time and in-full quality. This additional order adds to an already strong order book and is the foundation for significant revenue and profitable growth, in 2024 and beyond."
