Get 40% Off
🚨 Volatile Markets? Find Hidden Gems for Serious Outperformance
Find Stocks Now

Kopin advances OLED display production for defense

EditorRachael Rajan
Published 03/12/2024, 04:06 PM
© Reuters.

WESTBOROUGH, Mass. - Kopin Corporation (NASDAQ: NASDAQ:KOPN), a notable supplier of specialized optical solutions and micro-displays for various sectors, has reported significant progress in its efforts to establish a fabless OLED display production line dedicated to defense applications. The company has recently achieved two key milestones in this initiative.

Kopin is currently in the process of setting up an OLED deposition partnership in a strong NATO-member country in Europe. This collaboration is on schedule to be ready for production in 2024, aiming to meet the increasing demands of the Defense and Security markets.

Additionally, Kopin's European deposition partner has successfully completed initial life testing on sample displays. These tests have demonstrated minimal degradation in brightness after several thousand hours of operation at levels exceeding 20,000 cd/m2. The initial displays, which incorporate Kopin's proprietary backplane technology, have been produced and are now undergoing performance validation testing.

Kopin's strategy involves a fabless manufacturing approach, wherein the company collaborates with partner firms for silicon backplane fabrication and OLED deposition. This method is believed to provide Kopin with the flexibility to quickly adapt to technological changes and leverage unique performance capabilities in a cost-effective manner.

Bill Maffucci, Kopin's Senior Vice President of Business Development and Strategy, expressed satisfaction with the advancements made in establishing an additional OLED supply chain. He emphasized that these developments not only demonstrate that the company is on track for the transition in 2024 but also affirm the superior performance of Kopin's OLED displays within the market.

Kopin's portfolio includes Active-Matrix Liquid Crystal (AMLCD), Liquid Crystal on Silicon (LCOS), and OLED displays, which are integral components for products in defense, industrial, and consumer markets.

3rd party Ad. Not an offer or recommendation by Investing.com. See disclosure here or remove ads .

This information is based on a press release statement.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.