Kopin shares rise 11.15% premarket after Theon orders $1 million DarkWAVE AR module.

Kopin surged 11.15% in premarket trading following the announcement that Theon International placed a $1 million development order for its DarkWAVE AR night vision module, aiming to achieve production readiness by 2026. The order marks a pivotal milestone, transitioning the technology from prototype to product availability for international defense customers and targeting an aftermarket of over 2 million existing night vision goggles. The ITAR-free nature of the system further expands global market access, enhancing Kopin’s collaboration with Theon and signaling significant revenue potential in defense upgrades. This development underscores Kopin’s strategic position in AR-enabled defense solutions and validates the commercial viability of its microdisplay technology.