Initiative aims to define ideal ultra-bright, full-color MicroLED display performance and requirements for Extended Reality

Kopin Corporation (NASDAQ: KOPN), a leading provider of application-specific optical systems and high-performance microdisplays for defense, training, enterprise, industrial, consumer and medical products, proudly announces a significant U.S. Army contract that underscores its pivotal role in advancing warfighter vision.

The contract involves a Soldier Display Trade Study to define the optimal MicroLED characteristics for Extended Reality (XR) heads-up displays (HUDs) for warfighter XR solutions. The initiative reaffirms Kopin’s commitment to revolutionizing military operations through cutting-edge display technology.

The Soldier Display Trade Study focuses on identifying ultrabright MicroLED tradeoffs to optimize see-through XR applications, prioritizing daytime-readable displays that are brighter, more energy-efficient, and capable of delivering clear visibility across diverse lighting conditions—from intense daylight to overcast starlight. The trade study will culminate in a comprehensive “Microdisplay Requirements and Performance Matrix,” setting the standard for next-generation soldier vision systems.

MicroLED technology offers distinct advantages over traditional solutions including superior brightness, enhanced power efficiency, and long operating lifetimes and eliminates the temporal artifacts associated with Laser Based Scanning (LBS). These attributes ensure daytime readability and reliable operation while minimizing nausea and discomfort often associated with earlier XR systems—a critical advancement for soldiers relying on extended use of HUDs in high-stakes missions.

This new contract will illustrate what microdisplay will be needed for next-generation soldier vision systems, including head-mounted see-through displays, handheld devices, platform-mounted systems, and advanced weapon sights like the Next Gen Squad Weapon Fire Control (NGSW-FC).

“With over 40 years of expertise and more than 400,000 defense vision products delivered, Kopin is a trusted partner in advancing microdisplay technology for the warfighter,” said Michael Murray, CEO, President, Chairman of Kopin. “This contract marks a transformative moment in defining the potential of MicroLED technology and establishing a clear blueprint for production that meets rigorous standards for performance, reliability, and cost in high-volume applications.”

By defining benchmarks and delivering cutting-edge hardware, Kopin is paving the way for MicroLED-based augmented reality (AR) systems, equipping soldiers with unparalleled visual capabilities for a wide range of critical applications.

About Kopin

Kopin Corporation is a leading developer and provider of innovative display, and application-specific optical solutions 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.

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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.

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements regarding Kopin Corporation’s expectations concerning the development and deployment of MicroLED technology, the potential performance and impact of Extended Reality (XR) systems for military applications, the outcome and implications of the U.S. Army’s Soldier Display Trade Study, and the future adoption of Kopin’s technology in defense and other markets.

Forward-looking statements are based on current assumptions and expectations that involve risks and uncertainties. These statements often include words such as “anticipates,” “believes,” “estimates,” “expects,” “intends,” “plans,” “projects,” “may,” “will,” “should,” or similar expressions, and may include, among other things, statements regarding product performance, timelines, government procurement outcomes, future market demand, and commercialization prospects.

Actual results may differ materially from those indicated by such forward-looking statements as a result of various important factors, including but not limited to: changes in government defense spending or priorities; the successful execution and findings of the Trade Study; the technical feasibility, cost-effectiveness, and scalability of MicroLED display technology; the competitive landscape for defense-related visual display technologies; compliance with applicable regulations; and other risks described in Kopin’s filings with the Securities and Exchange Commission (SEC), including its most recent Annual Report on Form 10-K and subsequent filings.

Kopin disclaims any intention or obligation to update any forward-looking statements, whether because of new information, future events, or otherwise, except as required by law.

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 28, 2024, or as updated from time to time by our Securities and Exchange Commission filings.

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