Kopin Corporation Receives $1M Order for DarkWAVE Module Development, Faces Financial Challenges Amidst Sector Risks

Kopin Corporation (KOPN) secured a $1 million development order for its DarkWAVE Module platform from Theon International. The company aims to transition the 960p DarkWAVE module to production readiness by 2026, targeting international defense clients. Kopin operates in the technology sector, with a market capitalization of approximately $535.25 million. However, the company's financial health reveals challenges in profitability, with an operating margin of -26.64% and net margin of -13.48%. The Altman Z-Score of -0.68 places the company in the distress zone.