Kopin(US:KOPN)2024-05-14 16:40Company Overview - Kopin's unique market position lies in offering solutions requiring leading-edge expertise in MicroDisplays and optics[4] - The company's focus is on high-performance defense (80%), enterprise & industrial, and consumer applications (20%)[4] - Kopin is the 1 MicroDisplay provider for attractive end markets in defense, enterprise & industrial, and consumer sectors[4] - Kopin has deeply ingrained, long-tenured relationships with global market leaders[4] Market Opportunity - The global MicroDisplay market is forecasted to reach $6.0 billion in 2028, with a 20% CAGR[4] - The global AR/VR market is projected to reach $29.6 billion in 2024 and $71.2 billion in 2028[11] - The AR market is projected to reach $12.9 billion in 2024 and $25.1 billion in 2028, with a 23.2% CAGR[11] Technologies and Applications - MicroDisplays are miniaturized display units with small screen sizes (<2" diagonally) used in various applications[8] - Kopin's µLED MicroDisplay has the potential for significantly higher brightness than OLED (up to 40x higher)[31] - Kopin's Application Specific Optical Solutions (ASOS) involve mounting Microdisplays within ergonomically designed enclosures, utilizing customized optics, and driver electronics[13] Strategic Initiatives - Kopin's goal is to exit 2024 profitable (Operating Income)[59]