Kopin Begins Shipments on $3.5 Million Production Order for its Brillian Display for the U.S. Army’s Common Helmet Mounted Display System
November 18 2021 - 7:05AM
Business Wire
Brillian Displays Ideal for
Superhigh-Brightness Full-color Pilot HMD Applications
Kopin® Corporation (NASDAQ: KOPN), a leading provider of
high-resolution microdisplays for Augmented Reality (AR) and
Virtual Reality (VR), today announced it has recently started
production deliveries of its new superhigh-brightness, full-color
Brillian Active Matrix Liquid Crystal Display (AMLCD) for the
Common Helmet Mounted Display (CHMD) System for the US Army’s
helicopter pilots. Kopin’s patented Brillian displays incorporate
breakthrough advances in design and processing techniques to
produce unsurpassed image performance in applications requiring
extreme high brightness. Delivery is on-going on the initial order
of $3.5 million and we estimate the program’s potential revenues
are $30 million over several years.
“Delivery of production displays for the CHMD program is the
culmination of a multi-year development effort to advance the
capabilities of our AMCLD technology to meet the challenging
requirements,” stated Bill Maffucci, the Company’s Vice President
of Government Programs. “Full-color Brillian displays exhibit
brightness levels greater than 34,000 nits (10,000 foot-lamberts)
and typical contrast ratios above 500:1. While Kopin has a long
history of providing high-performance monochrome displays for pilot
helmets, these full-color displays provide pilots with enhanced
visual recognition of critical information.”
The full-color CHMD is part of the US Army’s Air Soldier System,
used by helicopter pilots to provide both day and night enhanced
situational awareness and survivability in all flight conditions.
The CHMD is an advanced, see-through, high-definition, digital
helmet mounted display (HMD) that supports the US Army’s CH-47F
Chinook and the UH-60L/M/V Black Hawk fleets.
“We continue to expand the boundaries of our display
capabilities to provide our defense customers with the best
possible equipment,” said Dr. John C.C. Fan, CEO of Kopin
Corporation. “A few years ago, a global defense company approached
us to develop a superhigh-brightness, high-contrast color display
to convert monochrome pilot helmets to full color. To meet the
requirements, we developed an innovative process. It is so
rewarding to follow the journey from a concept to design-in and now
to production of Brillian displays.”
About Kopin
Kopin Corporation is a leading developer and provider of
innovative wearable technologies and critical components and
subsystems for integration into wearable systems for military,
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 advanced optics, and
low-power ASICs which are individual components or combined into
drop and play subassemblies. For more information, please visit
Kopin's website at www.kopin.com.
Kopin is a trademark of Kopin Corporation.
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 may
include statements with respect to: our estimation that the total
program’s potential revenues are $30 million over several years.
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
26, 2020, or as updated from time to time in the Company’s
Securities and Exchange Commission filings.
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version on businesswire.com: https://www.businesswire.com/news/home/20211118005405/en/
Kopin Corporation Bill Maffucci, 508-870-5959 VP of Government
Programs, bmaffucci@kopin.com
For Investor Relations
Kopin Corporation Richard Sneider, 508-870-5959 Treasurer
and Chief Financial Officer rsneider@kopin.com
Market Street Partners Joann Horne, 415-445-3233
JHorne@marketstreetpartners.com
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