September 29, 2025 — Leads & Copy — Kopin Corporation (NASDAQ: KOPN) has entered into a securities purchase agreement for a private investment in public equity financing (PIPE) expected to result in gross proceeds of approximately $41.0 million.
The terms of the agreement state that Kopin will issue an aggregate of 19,545,950 shares of common stock at $2.10 per share to investors. The proceeds will be used for advancement of Kopin’s development of color MicroLED, Neuraldisplay™ Artificial Intelligence, commercialization of sovereign solutions for microdisplays and optical solutions for First Person Visualization (FPV) for Drones, and for general corporate purposes. The offering is expected to close upon satisfaction of customary closing conditions.
Nikos Vasiliadis, Director of Electronics Engineering D&D in THEON, said that by deepening their strategic engagement as an anchor investor in KOPIN, they reaffirm confidence in their breakthrough color MicroLED technology, and the long-term potential driven by acceleration in the defense sector. Eric Brock, Chairman and CEO of Ondas Holdings, commented that Kopin’s advanced optical display solutions are proven to deliver the performance, durability, and cost efficiency demanded by next-generation security systems. Allan Evans, the CEO of Unusual Machines said that Unusual Machines is investing in Kopin to drive made in the USA production of next generation products with the intent of rekindling this partnership to onshore and scale FPV headset production.
Erich Manz, Chief Financial Officer of Kopin, stated that they are pleased to announce this investment transaction with key strategic investors. Stifel acted as exclusive financial advisor and lead placement agent and Craig-Hallum acted as co-placement agent to Kopin.
Contact: Erich Manz, Chief Financial Officer of Kopin
Source: Kopin Corporation
