Kopin purchases state-of-the-art OLED Deposition System

Kopin (KOPN) Corporation announced the purchase of a state-of-the-art OLED Deposition System and all related equipment to establish full-scale OLED microdisplay production at the company’s Westborough, Massachusetts headquarters. The investment marks a significant evolution in Kopin’s manufacturing strategy and reflects the rapidly increasing demand for domestically produced OLED devices for U.S. defense applications, the company said. The company will continue to leverage its established Asian manufacturing partners for consumer and medical applications that do not have a domestic production requirement, as well as its European OLED deposition partner for NATO-aligned defense programs, though will supplement that with in-house OLED production for U.S. defense markets. Michael Murray, Chief Executive Officer of Kopin, said: “Adding OLED manufacturing capability to our Westborough facility strengthens our ability to support urgent defense needs while improving our control over quality, lead times, and pricing. This capability both enhances our competitiveness, deepens the sovereign supply chains available to our customers – and importantly, expect it to expand our profit margins.”