$KOPN — The Micro-display
Kopin is quietly stacking defense contracts — MicroLED displays in combat aircraft HUDs, pilot helmet systems with a $10M+ order book, a $15.4M U.S. Army AR display contract, and a DarkWAVE module targeting 2 million night-vision goggle retrofits — all while guiding $52M–$60M in 2026 revenue, sitting on an 84%+ gross margin, and carrying virtually zero debt after a $56M capital raise. The Q4 miss? A government shutdown. Not demand. The technology is flight-qualified, sole-supplier in several programs, and now entering production across aerospace and soldier systems. This isn’t a concept stock anymore.
Not financial advice.