Kopin Introduces Next-Generation “SXGA-R15” Microdisplay Assembly for 3-Dimensional Automated Optical Inspection
16 Settembre 2024 - 2:30PM
Business Wire
SXGA-R15 product features a smaller,
streamlined form factor, new software interface, and reduced
cost
Kopin Corporation (NASDAQ: KOPN), a leading provider of
application-specific optical systems and high performance
microdisplays for defense, training and simulation, enterprise and
industrial, consumer and medical products, today introduced its
next-generation application specific drive board, “R15,” for
Kopin’s widely used SXGA FLCoS microdisplay. The SXGA-R15 product
is designed for use inside 3D AOI (“3-Dimensional Automated Optical
Inspection”) machines. The R15 features a smaller, streamlined form
factor and new software interface at a lower cost compared to
similar products on the market.
According to Zion Market Research, the 3D AOI systems market is
projected to grow from $700 million a few years ago to $3 billion
by 2030. The use of 3D AOI systems continues to grow in advanced
electronics manufacturing settings due to their ability to quickly
and accurately detect defects that human inspection might miss.
This leads to improved quality and significant savings in both time
and cost. Kopin believes that the demand for high-quality
manufacturing of intricate circuit boards and other similar
precision electronic and mechanical products will keep rising.
Kopin has decades of experience developing optical solutions
tailored to meet the needs of the 3D AOI market, which continues to
be a significant industrial market for the company. We believe the
new SXGA-R15 product offering positions Kopin well to take
advantage of the expected market growth; and we are already seeing
significant interest from potential customers in Asia.
“Kopin’s passion for innovation continuously fuels the design
and creation of superior products that appeal to many customers and
end users,” said Greg Truman, Vice President of Business
Development for Europe and Asia. “The engineering team employed a
novel architecture and approach to develop a product with reduced
size of 25% compared to existing available product, complexity and
cost. The SXGA-R15’s compact design and affordability are crucial
selling points, broadening its potential applications, customer
base, and anticipated order acquisition.”
About Kopin Corporation
Kopin Corporation is a leading developer and provider of
innovative display, and optical technologies sold as critical
components and subassemblies for defense, enterprise, professional
and consumer products. Kopin’s portfolio includes microdisplays,
display modules, eyepiece assemblies, image projection modules, and
vehicle mounted and head-mounted display systems that incorporate
ultra-small high-resolution Active Matrix Liquid Crystal displays
(AMLCD), Ferroelectric Liquid Crystal on Silicon (FLCoS) displays,
MicroLED displays (µLED) 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. 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. 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 our belief that the
demand for high-quality manufacturing of intricate circuit boards
and other similar precision electronic and mechanical products will
keep rising; our belief that the SXGA-R15 product offering
positions Kopin well to take advantage of the expected 3D AOI
market growth; , 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/20240916838596/en/
Investor Relations: Richard Sneider Treasurer and Chief
Financial Officer, Kopin rsneider@kopin.com (508) 870-5959
or
MZ Contact: Brian M. Prenoveau, CFA, 561 489 5315 MZ
Group – MZ North America KOPN@mzgroup.us
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