Kopin Receives $1.5M Follow-On Contract for Near Eye Thermal Imaging Solution for Firefighters
30 Luglio 2024 - 2:30PM
Business Wire
Kopin Corporation (NASDAQ: KOPN), a leading provider of
application-specific optical solutions and high-performance
microdisplays for defense, enterprise, consumer, and medical
products, today announced it has been awarded a follow-on contract
to supply a near eye, thermal imaging vision system, designed to
fit inside of a firefighter mask.
The cutting-edge firefighting mask dramatically enhances the
firefighter’s effectiveness in operating in smoke-filled buildings
and saving potential victims. The mask includes a Kopin thermal
imaging vision system composed of a miniaturized AMLCD
(active-matrix liquid crystal display) and optics, integrated into
the mask’s facepiece. A firefighter looks at Kopin’s display inside
the mask, which is connected to a small thermal camera mounted to
the side of the mask, enabling the firefighter to operate the
display system hands-free and view clear, real-time video of
thermal imagery in their line of view, unaffected by environmental
conditions, such as smoke.
Traditionally firefighters have relied on handheld thermal
imaging cameras, which can hinder their performance, focus and
dexterity. The ruggedized, in-mask, thermal imaging vision system
is an adjustable optical solution that adapts to the firefighter,
freeing both hands, and enhancing their effectiveness during
life-saving search and rescue missions.
“Firefighters require a reliable vision system that offers them
greater situational awareness and consistent thermal imaging
performance in very hostile environments,” said Bill Maffucci, SVP
of Business Development and Strategy. “We are proud of our
long-standing relationship with this repeat customer and their
confidence in Kopin engineering and products. We look forward to
our continued partnership and meeting their full production needs
with our custom optical module solution.”
Deliveries of Kopin’s thermal imaging vision system, in support
of the $1.5 million follow-on contract, are planned throughout the
2025 calendar year.
About Kopin
Kopin Corporation is a leading developer and provider of
innovative display and optical technologies sold as critical
components and subassemblies for defense, 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 optics, and low-power ASICs. For more
information, please visit Kopin's website at www.kopin.com.
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. 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.
These forward-looking statements may include statements with
respect to our expectation of a continued partnership and meeting
their full production needs with our custom optical module
solution; and our expectation of deliveries of Kopin’s thermal
imaging vision system, in support of the $1.5 million follow-on
contract, throughout the 2025 calendar year. 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
30, 2023, or as updated from time to time our Securities and
Exchange Commission filings.
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version on businesswire.com: https://www.businesswire.com/news/home/20240730881581/en/
Kopin Corporation Bill Maffucci, 508-870-5959 SVP of
Business Development and Strategy, bmaffucci@kopin.com
Richard Sneider, 508-870-5959 Treasurer and Chief
Financial Officer Richard_Sneider@kopin.com
or
MZ Contact: Brian M. Prenoveau, CFA, 561 489 5315 MZ
Group – MZ North America KOPN@mzgroup.us
Or
LightSpeed PR Michael Farino michael@lightspeedpr.com
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