Kopin(US:KOPN) Businesswire·2025-09-05 22:08Core Viewpoint - Kopin Corporation faces a legal ruling in favor of BlueRadios, Inc., resulting in approximately $19.7 million in damages, while a permanent injunction was denied, indicating no immediate risk to customer orders [1][2]. Legal Outcome - The U.S. District Court for the District of Colorado awarded BlueRadios, Inc. $19.7 million in damages, which is a significant reduction compared to jury recommendations [1][2]. - The court denied BlueRadios' request for a permanent injunction, affirming that there is no risk to current or future customer orders for Kopin [2]. Company Response - Kopin's CEO, Michael Murray, expressed the belief that the monetary judgment is unsupported and inconsistent with governing law, indicating plans to appeal the decision [2]. Company Overview - Kopin Corporation specializes in application-specific optical systems and high-performance microdisplays for various sectors, including defense, training, enterprise, industrial, consumer, and medical products [1][4]. - The company's product portfolio includes microdisplays, display modules, eyepiece assemblies, and various types of displays such as AMLCD, FLCoS, µLED, and OLED [4][5]. Recent Developments - Kopin announced a follow-on contract worth approximately $9 million for a custom thermal imaging assembly for a major U.S. defense contractor, showcasing ongoing business activity despite the legal challenges [9]. - The company is also participating in the Lake Street Capital Markets 9th Annual Best Ideas Growth Conference, indicating engagement with investors and market stakeholders [8].