Kopin Reports Q2 2025 Results, Partners with Theon Sensors, Names New CFO

• Kopin creates strategic partnership with Theon Sensors for Europe, Southeast Asia, and NATO growth opportunities. • Introduced optical automation to increase throughput, quality, and reduce costs. • Book to bill is positive with new contract wins in helmet mounted display systems and MicroLED Display research orders. • NeuralDisplayTM achieved prototype milestone with software and hardware improvements. • Included in Russell 2000 and 3000 indexes on June 27th, 2025. • Announced new Chief Financial Officer, Erich Manz, effective September 2nd.

Kopin Corporation (KOPN) has recently announced a strategic partnership with Theon International Plc, marking a significant milestone in the company's growth and innovation strategy. The partnership, which includes a $15 million investment, aims to accelerate Kopin's revenue and technology development in key regions such as Europe, Southeast Asia, and NATO countries [1].

The collaboration will focus on co-developing advanced thermal imaging products, leveraging Theon's expertise in night vision sensors and systems and Kopin's capabilities in microdisplays and optical assemblies. This partnership is expected to drive increased revenue, market share, and technological advancements, positioning Kopin as a leader in the defense micro-display and sub-system sector [1].

In addition to the investment, Theon has acquired a 49% stake in Kopin's Scottish subsidiary, further solidifying their commitment to the partnership. The investment will support Kopin's facility in Dalgedi Bay, Scotland, which will enable collaborative innovations across key global regions [1].

Kopin has also introduced optical automation to increase throughput, quality, and reduce costs. The company's first phase of optical inspection is operational, and the second phase is scheduled for completion by the end of 2025. This initiative is expected to save the company approximately $1 million in operating expenses and improve overall throughput [2].

The company's book-to-bill ratio remains positive, with new contract wins in helmet-mounted display systems and MicroLED Display research orders. Kopin's NeuralDisplay™ technology has achieved a significant milestone with the successful development of a prototype that includes software and hardware improvements [2].

On June 27, 2025, Kopin was included in the Russell 2000 and 3000 indexes, further recognizing the company's growth and market performance [2].

Kopin has also announced the appointment of Erich Manz as its new Chief Financial Officer, effective September 2, 2025. Manz joins Kopin from Allegro Microsystems, bringing extensive financial and leadership experience to the role [2].

These developments highlight Kopin's commitment to innovation, strategic partnerships, and operational excellence, positioning the company for continued growth and success in the defense technology sector.

References:
[1] https://www.ainvest.com/news/kopin-stock-soars-14-97-15m-defense-partnership-2508/
[2] https://www.marketbeat.com/earnings/reports/2025-8-12-kopin-co-stock/