Kopin announced that it will raise $41 million in a private investment in public equity financing (PIPE agreement), from three companies - Theon International, Ondas Holdings and Unusual Machines.
Kopin says that the funds will be used to develop several new product lines and technologies, including its color microLED microdisplays.
Earlier this month Kopin was awarded $15.4 million from the US Department of Defense to develop ultra-bright, full-color MicroLED displays for military AR applications. Last month Theon announced that it is investing $15 million in Kopin, and the two companies have launched a Joint Venture that will engage in the development and production of microLED displays.
Posted: Sep 30,2025 by Ron Mertens
