Kopin Granted $3.4 Mln Follow-on Order For F-35 Joint Strike Fighter Program

RTTNews | 1090 days ago
Kopin Granted $3.4 Mln Follow-on Order For F-35 Joint Strike Fighter Program

(RTTNews) - Kopin Corp. (KOPN) announced Monday it has received a $3.4 million follow-on order for its high-brightness liquid crystal display for the F-35 Joint Strike Fighter program. With the F-35 scheduled for production through 2030, Kopin expects additional orders over the life of the program.

The F-35, the world's most advanced 5th Generation jet fighter, is a family of single-seat, single-engine, all-weather, day and night stealth, multirole combat aircraft.

The extensive functionality and extreme conditions require unique display technology and Kopin is the sole supplier to this production program.

The largest procurement program in the Department of Defense (DOD), the F-35 strike fighter aircraft is being procured in different configurations for multiple branches of the DOD, including the United States Air Force, Marine Corps, and Navy.

Kopin has been the sole supplier of microdisplays for the F-35 pilot helmets since the program's inception, providing thousands of displays to date.

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Kopin Secures $2 Mln Follow-On Production Order For High-Brightness AMLCD

Kopin Secures $2 Mln Follow-On Production Order For High-Brightness AMLCD

Kopin Corp. (KOPN), a provider of application-specific optical systems and high performance microdisplays for defense, announced Tuesday that it has been awarded a $2 million follow-on production order for its high-brightness active-matrix liquid crystal display (AMLCD).
RTTNews | 732 days ago
Kopin Says Jury Awards Damages Of About $24.8 Mln To BlueRadios

Kopin Says Jury Awards Damages Of About $24.8 Mln To BlueRadios

Kopin Corp., Inc. (KOPN) announced Tuesday that a jury verdict was entered on Monday in the U.S. District Court for the District of Colorado finding for the plaintiff, BlueRadios, Inc. and awarding approximately $5.1 million in damages as well as recommending $19.7 million in disgorgement and exemplary damages.
RTTNews | 872 days ago
Kopin Inks Technology License Agreement With Lightning Silicon Technology

Kopin Inks Technology License Agreement With Lightning Silicon Technology

Kopin Corp. (KOPN) announced Thursday it has entered in a Technology License Agreement with Lightning Silicon Technology, Inc., a California company. Lightning Silicon is a company formed by Dr. John C.C. Fan, Kopin's Chairman of Board, and former Chief Executive Officer, to develop and supply advanced organic light emitting diode (OLED) microdisplays for the consumer augmented reality (AR) and virtual reality (VR) markets.
RTTNews | 1346 days ago
TSX Climbs On Tech Rally, Looks Set To End 6-day Losing Streak

TSX Climbs On Tech Rally, Looks Set To End 6-day Losing Streak

The S&P/TSX Composite Index rose 0.36% Friday to 35,634.50 as technology stocks surged 3.5%, contributing significantly to gains. Oil prices fell following International Energy Agency's downward global oil demand forecast revision.
RTTNews | 21h 35min ago
Swiss Market Ends Modestly Higher

Swiss Market Ends Modestly Higher

The Switzerland stock market closed modestly higher on Friday, in line with markets across Europe, as a sharp drop in oil prices helped lift sentiment.
RTTNews | 22h 9min ago
European Markets Rise As Oil Prices Fall On IEA Demand Cut

European Markets Rise As Oil Prices Fall On IEA Demand Cut

European markets gained ground Friday after the International Energy Agency cut its global oil demand forecast, sending Brent crude futures down 3.5% to $103.50. The IEA now projects world oil demand will drop 2.5 million barrels per day this year versus its prior estimate of 1.6 million bpd.
RTTNews | 22h 32min ago
U.S. Consumer Sentiment Deteriorates Much More Than Expected In September

U.S. Consumer Sentiment Deteriorates Much More Than Expected In September

A report released by the University of Michigan on Friday showed consumer sentiment in the U.S. has deteriorated by much more than anticipated in the month of September. The University of Michigan said its consumer sentiment index slumped to 47.8 in September after tumbling to 51.7 in August. Economists had expected the index to edge down to 51.0.
RTTNews | 1 day ago