\nNew location to focus on accelerating the company\u2019s ability to deliver next\u2011generation optical interconnects and co-packaged optics for data centers and application specific optical solutions<\/i><\/p>
WESTBOROUGH, Mass.--(BUSINESS WIRE)--Kopin Corporation (NASDAQ: KOPN) a leading provider of application-specific optical systems and high-performance microdisplays for defense, training, enterprise, industrial, consumer and medical products, today announced plans to open a new Optics and Photonics Design Center in Dallas, Texas, further expanding the company\u2019s U.S.\u2011based engineering footprint and accelerating development of next\u2011generation Neural I\/o\u2122 technology for the rapidly growing AI infrastructure market.<\/p>
\nScheduled to open before the end of 2026, the Dallas facility will serve as a hub for advanced research, design engineering, and small\u2011scale manufacturing. The center will include:<\/p>
\nLocated in Dallas \u2014 one of the nation\u2019s leading hubs for optical data communication \u2014 the new site positions Kopin at the center of a growing ecosystem of high\u2011performance computing, data transport, and photonics innovation.<\/p>
\nKopin CEO Michael Murray said: \u201cOur expansion into Dallas marks a pivotal step in Kopin\u2019s evolution. Establishing a dedicated Optics and Photonics Design Center in one of the country\u2019s leading hotspots for optical data infrastructure strengthens our domestic engineering capabilities and accelerates our ability to deliver next\u2011generation Neural I\/o\u2122 systems. This new facility enhances our capacity, deepens our expertise, and positions us to rapidly support customer programs across the AI infrastructure landscape. The Dallas center will allow us to rapidly deploy Neural I\/o\u2122 and ASOS systems while scaling the design resources needed to meet accelerating demand. It\u2019s a major investment in the future of U.S.\u2011based innovation \u2014 and a testament to the incredible momentum our team is building.\u201d<\/p>
\nJosh Silverman, Chief Executive Officer of Fabric.AI, added: \"Kopin's investment in a dedicated Dallas design center is exactly the kind of commitment that turns a breakthrough interconnect into a deployable product. The work we're doing together on Neural I\/o\u2122 is aimed squarely at the bandwidth and power bottlenecks that define the AI infrastructure buildout, and having advanced optics R&D and manufacturing under one U.S.-based roof lets us move from design to customer deployment far faster. This expansion accelerates our shared roadmap at precisely the moment the market needs it.\"<\/p>
\nThe new facility marks another major step in Kopin\u2019s strategy to expand U.S.\u2011based operations, enhance domestic supply chain resilience, and advance the company\u2019s leadership in next\u2011generation optical and photonic technologies.<\/p>
\nAbout Kopin<\/b><\/p>
\nKopin Corporation (Nasdaq: KOPN) is a leading developer and provider of innovative display, Optical Interconnect devices and application-specific optical solutions sold as critical components and subassemblies for defense, enterprise, professional and consumer products. Kopin\u2019s portfolio includes microdisplays, display modules, eyepiece assemblies, image projection modules and vehicle mounted and head-mounted display systems that incorporate ultra-small high-resolution Active Matrix Liquid Crystal displays (AMLCD), Ferroelectric Liquid Crystal on Silicon (FLCoS) displays, MicroLED displays (\u00b5LED) and Organic Light Emitting Diode (OLED) displays, a variety of optics and low-power ASICs and optical interconnect devices for data centers.<\/p>
\nFor more information, please visit Kopin\u2019s website at www.kopin.com<\/a>.<\/p> \nKopin is a trademark of Kopin Corporation.<\/p> \nFollow us on LinkedIn<\/a>, X<\/a> and Facebook<\/a>.<\/p> \nForward Looking Statements<\/b><\/p> \nStatements in this press release may be considered \u201cforward-looking statements\u201d within the meaning of Section 27A of the Securities Act of 1933, as amended (the \u201cSecurities Act\u201d), and Section 21E of the Securities Exchange Act of 1934, as amended (the \u201cExchange Act\u201d), which are subject to the safe harbor created by such sections. Words such as \u201cexpects,\u201d \u201cbelieves,\u201d \u201ccan,\u201d \u201cwill,\u201d \u201cestimates,\u201d and variations of such words and similar expressions, and the negatives thereof, are intended to identify such forward-looking statements. We caution readers not to place undue reliance on any such \u201cforward-looking statements,\u201d which speak only as of the date made, and advise readers that these forward-looking statements are not guarantees of future performance and involve certain risks, uncertainties, estimates, and assumptions by us that are difficult to predict. These forward-looking statements may include statements with respect to our belief that the landmark award accelerates Kopin\u2019s development of ultra-bright, full-color MicroLED displays optimized for ground soldier augmented reality (AR) applications, positioning the company as a cornerstone of America\u2019s defense innovation and domestic manufacturing ecosystem; our belief that by advancing daytime and nighttime readable AR display technology, Kopin is poised to redefine battlefield vision systems, enhancing soldier lethality, situational awareness, and operational effectiveness; our belief that this award solidifies Kopin\u2019s leadership in MicroLED technology and establishing a robust U.S.-based production capability for this critical defense technology; our belief that this award positions Kopin to win future defense programs that rely on full-color MicroLED for next-generation AR systems; our belief that our initiatives create a powerful synergy, positioning Kopin at the forefront of soldier-centric AR innovation; our belief that this award positions Kopin as a frontrunner for future U.S. defense contracts that prioritize advanced AR solutions for enhanced soldier performance; and our belief that this is a transformative moment in Kopin\u2019s history and growth trajectory as this contract and our expectation of follow-on non-dilutive infrastructure investment contracts will be the bedrock which we build the next decade of foundational innovations upon. Various factors, some of which are beyond our control, could cause actual results to differ materially from those expressed in, or implied by, such forward-looking statements, including without limitation our ability to produce thermal weapons displays in adequate quantities to meet projected demand, the outcome of any litigation and other factors beyond our control. All such forward-looking statements, whether written or oral, and whether made by us or on our behalf, are expressly qualified by these cautionary statements and any other cautionary statements that may accompany the forward-looking statements. In addition, we disclaim any obligation to update any forward-looking statements to reflect events or circumstances after the date of this press release, except as may otherwise be required by the federal securities laws. These forward-looking statements are only predictions, subject to risks and uncertainties, and actual results could differ materially from those discussed. Important factors that could affect performance and cause results to differ materially from management\u2019s expectations are described in Part I, Item 1A. Risk Factors; Part II, Item 7. Management\u2019s Discussion and Analysis of Financial Condition and Results of Operations; and other parts of our Annual Report on Form 10-K, as amended, for the fiscal year ended December 28, 2024, or as updated from time to time our Securities and Exchange Commission filings.<\/p> \nCorporate Contact<\/b>