Question-and-Answer SessionSo I thought maybe, Bill, you were here last year, I think a lot of people were familiar with kind of your role at Cisco, but I think maybe for those, maybe a little bit less familiar, can we just start with kind of what falls under your purview, how we think about what's responsible into your business and how that fits into the Cisco portfolio?Bill GartnerSenior VP & GM of Optical Systems and Optics Sure. Thanks, David. First of all, thank you for having us. I have responsibility ...

Core Viewpoint - Kopin Corporation has received a "Buy" rating upgrade from Lake Street, reflecting strong confidence in its future performance and an increased price target from $2.50 to $3 [1][5] Group 1: Stock Performance - The stock is currently priced at $2.50, showing a significant increase of 10.89%, or $0.25 [2] - During trading, the stock fluctuated between $2.34 and $2.55, indicating volatility [2] - Over the past year, KOPN has experienced a low of $0.56 and a high of $2.67, demonstrating its growth potential [2] Group 2: Market Capitalization and Trading Activity - Kopin's market capitalization is approximately $406.2 million, with a trading volume of 3,516,329 shares, indicating healthy investor interest [3] - The recent decision to grant an inducement equity award to the new CFO aligns with Nasdaq Listing Rule 5635(c)(4) [3] Group 3: Strategic Leadership Decisions - The Compensation Committee approved the equity award on July 30, 2025, which is crucial for attracting and retaining top talent [4] - Such strategic initiatives are expected to drive the company's growth and innovation in optical systems and microdisplays [4][5]

Acquisition Overview - Rocket Lab is acquiring GEOST LLC to enhance integrated capabilities across launch, spacecraft, and payloads[5] - The acquisition aims to position Rocket Lab as a disruptive prime contractor for U S national security missions[5] - This creates a new category of offering – Optical Systems – within Rocket Lab's vertically integrated, end-to-end solutions[5] Strategic Rationale - The acquisition unlocks core capabilities for national security programs, positioning Rocket Lab for next-generation defense and intelligence missions[10] - GEOST delivers compact, high-performance optical systems for small satellites, enabling real-time threat detection and monitoring[11] - Rocket Lab gains product assets, a 1,100 sq ft cleanroom, three 300 sq ft laboratories, intellectual property, and extensive product inventory[18] - The acquisition expands Rocket Lab's U S footprint to Tucson, Arizona and Northern Virginia[18] - 115 highly trained professionals will bring Rocket Lab's total headcount to over 2,600 people[18] Transaction Details - The up-front purchase price is $275 million, consisting of $125 million in cash and $150 million in privately placed shares of Rocket Lab common stock[21] - There is a potential additional cash earnout payment of up to $50 million tied to revenue targets[21] - The transaction is expected to close in the second half of 2025, subject to regulatory approval[21] - GEOST is expected to be neutral to modestly accretive to adjusted EBITDA in the second half of 2025[21]