Kopin (KOPN) Q1 2026 Earnings Transcript

Motley Fool Transcribing, The Motley Fool

Wed, May 13, 2026 astatine 9:13 AM CDT 37 min read

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Date

Tuesday, May 12, 2026 astatine 8:30 a.m. ET

Call participants

• Chief Executive Officer — Michael Murray

• Chief Financial Officer — Erich Manz

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Full Conference Call Transcript

Michael Murray: Thank you precise much, operator, and bully greeting to everyone, and invited to our archetypal 4th 2026 net call. The archetypal 4th and consequent weeks marks 1 of the astir breathtaking stretches successful Kopin's history. We proceed to turn our defence bid publication crossed the United States and Europe. We besides precocious our MicroLED exertion platforms and announced a strategical collaboration with Fabric.AI that we judge meaningfully expands the semipermanent accidental acceptable and sustainable acceleration of gross maturation for Kopin. Today, I'll locomotion you done 3 areas: first, the Fabric.AI collaboration and the motorboat of our jointly developed Neural I/o optical interconnect exertion for AI infrastructure.

Second, our continued momentum crossed each planetary defence markets, including caller orders our introduction into first-person spectator drone technologies and the large thermal imaging follow-on declaration awarded consequent to 4th end; and third, our strategical investments, including bringing OLED microdisplay manufacturing in-house astatine our Westborough headquarter installation present successful the United States and however we're positioning the defence concern for the semipermanent exponential and sustainable gross maturation astatine higher nett margins. First, fto maine commencement with the astir consequential announcement we person made this year. Recently, we announced a strategical collaboration with Fabric.AI, an AI infrastructure improvement company, gathering the precocious halfway capabilities for AI factories that powerfulness large-scale artificial quality workloads.

Together, Kopin and Fabric.AI are joining improvement of a caller merchandise household we telephone Neural I/o that is designed to dramatically summation bandwidth speeds, alteration powerfulness depletion and importantly, little wide operational costs of presently operating information centers and caller information centers alike. Neural I/o is built connected Kopin's proprietary MicroLED exertion and our patented bidirectional neural show architecture. What we person done is repurpose programmable MicroLED pixels arsenic ultra-high-speed optical transceivers, devices that determination information astatine highly precocious bandwidth utilizing photons of airy alternatively of electrons traveling done copper wires. This matters for 1 elemental reason. Today, information halfway instrumentality and GPUs relies connected dense copper interconnections to speech to each other.