Strategic Partnership with Theon International
Kopin announced a $15 million strategic investment from Theon International to enhance revenue, market share, and technology developments in Europe, Southeast Asia, and NATO allies. The partnership aims to drive growth through technology sharing and collaborative innovations.
Introduction of Optical Inspection Phase
Kopin introduced the first phase of optical inspection, expected to save significant operating expenses and increase throughput and inspection quality by the end of 2025.
Advanced Technology Development
Kopin's AI-enabled neural display hardware prototype with OLED and MicroLED capability has been developed, enabling eye image capture, gaze tracking, and dynamic controls, with further enhancements planned.
Positive Book-to-Bill Ratio
Despite challenges, Kopin achieved a positive book-to-bill ratio in Q2, with expectations of receiving $20 million in funded research and development orders in the second half of 2025.