Kopin Corporation announced it received an approximate $20.5 million contract for a new weapon sight eyepiece configuration. Under the terms of the contract, Kopin is authorized to procure up to approximately $9 million of materials until the new weapon sight eyepiece configuration is fully qualified at which time the remaining contract balance will become effective, subject to standard government provisions. The new weapon sight eyepiece configuration is scheduled for deliveries in 2024 and 2025.

The weapon sight eyepieces, which includes Kopin?s proprietary high-brightness microdisplay and custom-designed Pancake® optics, are critical components provided to a Department of Defense prime contractor that integrates the eyepiece into a sophisticated video ?see through? augmented reality (?AR?) weapon system. The additional demand for Kopin?s existing eye piece and new configuration could more than triple its thermal weapon sight production volumes in fiscal year 2024, as compared to 2023 production.