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Kopin Inks Technology License Agreement With Lightning Silicon Technology

RTTNews | 963 gün önce

Kopin Inks Technology License Agreement With Lightning Silicon Technology

(RTTNews) - Kopin Corp. (KOPN) announced Thursday it has entered in a Technology License Agreement with Lightning Silicon Technology, Inc., a California company. Lightning Silicon is a company formed by Dr. John C.C. Fan, Kopin's Chairman of Board, and former Chief Executive Officer, to develop and supply advanced organic light emitting diode (OLED) microdisplays for the consumer augmented reality (AR) and virtual reality (VR) markets.

This agreement is part of a plan to restore profitability to Kopin by focusing its resources on new and existing defense, industrial and consumer applications which are in line with its strategic plan

The agreement allows Kopin to reduce personnel, development and operational costs associated with OLED development, while continuing to both serve its core markets with all microdisplay technologies and participate in the consumer market upside, as it matures.

Under the terms of the Agreement Lightning Silicon will receive a license to certain Kopin intellectual property to develop, manufacture and sell OLED technologies for use in the consumer market.

Kopin will receive an equity interest in Lightning Silicon and royalties from the sale of products related to the licenses. Kopin retains the ability and rights to develop, manufacture and sell OLED displays and complete optical solutions that include microdisplays to its core base in the defense and enterprise markets, as well as value added Consumer applications.

Etiketler: KOPN

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Kopin Secures $2 Mln Follow-On Production Order For High-Brightness AMLCD

Kopin Secures $2 Mln Follow-On Production Order For High-Brightness AMLCD

Kopin Corp. (KOPN), a provider of application-specific optical systems and high performance microdisplays for defense, announced Tuesday that it has been awarded a $2 million follow-on production order for its high-brightness active-matrix liquid crystal display (AMLCD).

RTTNews | 349 gün önce

Kopin Says Jury Awards Damages Of About $24.8 Mln To BlueRadios

Kopin Says Jury Awards Damages Of About $24.8 Mln To BlueRadios

Kopin Corp., Inc. (KOPN) announced Tuesday that a jury verdict was entered on Monday in the U.S. District Court for the District of Colorado finding for the plaintiff, BlueRadios, Inc. and awarding approximately $5.1 million in damages as well as recommending $19.7 million in disgorgement and exemplary damages.

RTTNews | 489 gün önce

Kopin Granted $3.4 Mln Follow-on Order For F-35 Joint Strike Fighter Program

Kopin Granted $3.4 Mln Follow-on Order For F-35 Joint Strike Fighter Program

Kopin Corp. (KOPN) announced Monday it has received a $3.4 million follow-on order for its high-brightness liquid crystal display for the F-35 Joint Strike Fighter program. With the F-35 scheduled for production through 2030, Kopin expects additional orders over the life of the program.

RTTNews | 707 gün önce

RBA Minutes On Tap For Tuesday

RBA Minutes On Tap For Tuesday

The Reserve Bank of Australia will on Tuesday release the minutes from its August 12 monetary policy meeting, highlighting a modest day for Asia-Pacific economic activity.

RTTNews | 50 dakika önce

U.S. Dollar Climbs Against Majors

U.S. Dollar Climbs Against Majors

The U.S. dollar strengthened against its major counterparts in the New York session on Monday.

RTTNews | 2s 2 dakika önce

Swiss Market Ends Moderately Lower

Swiss Market Ends Moderately Lower

After a weak start and a subsequent long spell in negative territory, the Switzerland market briefly moved slightly above the flat line in late afternoon trades on Monday, but quickly tumbled again to eventually settle on a weak note.

RTTNews | 4s 48 dakika önce

European Markets Close Weak After Cautious Session

European Markets Close Weak After Cautious Session

European stocks closed on a weak note on Monday after a cautious session as investors awaited key inflation data from major economies in the region, and looked for more details about U.S. - EU trade deal.

RTTNews | 5s 9 dakika önce

Canadian Market Down More Than 0.5% On Profit Taking

Canadian Market Down More Than 0.5% On Profit Taking

After opening slightly down, the Canadian market slipped deeper into the red on Monday, weighed down by losses in healthcare, consumer staples, utilities and materials sectors.

RTTNews | 5s 49 dakika önce

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