eMagin logo neweMagin is engaged in the design, development, manufacturing and marketing of OLED microdisplays. eMagin's traditional markets are the defense and industry ones, but the company is also targeting the consumer VR and AR markets with its latest microdisplays. eMagin is a public company (NYSE AMERICAN:EMAN).

eMagin is developing high-end OLED microdisplays, and in early 2017 started shipping 2k x 2k displays. eMagin is also developing direct-emission OLED microdisplays.

Company Address: 
700 South Drive
Hopewell Junction, NY 12533
United States

The latest eMagin news:

Is Facebook planning to use eMagin's dPd OLED microdisplay in its next-gen VR or AR device?

OLED microdisplay maker eMagin has been developing direct-emission OLED microdisplay (also called directly-patterned, or dPd) for many years, and is considered to be the leading company - the closest one to commercialize such a display. A dPd will enable much higher efficiency/brightness compared to current designs based on color filters.

White OLED with CF structure vs dPd structure (eMagin)

In the past eMagin reported of several leading companies that have licensed the technology and/or are working with the company towards the design of custom dPd OLED displays for future AR/VR products. In 2017 for example eMagin reported of a Tier-1 CE company that licensed its dPd tech, and in 2020 the company said it started a new consumer-related AR development project for a next-generation display for a Tier-1 customer.



eMagin reports mixed 2Q 2021 financial results

OLED microdisplay maker eMagin reported mixed quarter results for Q2 2021. Production issues and unexpected manufacturing tool downtime reduced revenues, but the company says it increased shipments to military, medical and other customers. Revenues in the quarter were $6.3 million (down from $7.7 million in Q2 2020). Net loss in the quarter was $0.3 million (but this includes a $2.6 million non-cash profit due to change in value of a warrant liability).

eMagin SXGA OLED-XL microdisplay photo

eMagin says it continued to make steady progress on the direct-emission microdisplay project, and remains on schedule to produce full-color prototypes this year. eMagin also reports it is ramping up production of its latest XLE technology (which still uses color filters) and has closed a major design win with a military customers for XLE OLED microdisplays.

eMagin reports its financial results for Q1 2021

OLED microdisplay maker eMagin reported its financial results for Q1 2021. Revenues were $6.8 million up from $6.7 in Q1 2020. Operating loss was $2 million, up from $1.3 million in Q1 2020. Net loss was $7.4 million (including a $7.2 million warrant value loss).

eMagin SXGA OLED-XL microdisplay photo

At the end of March 31 2021, the company had $10.7 million in cash and equivalents. eMagin reports it is continuing to place down payments for equipment as part of the $39.1 million US government funds that were awarded last year to enhance its manufacturing capabilities in the US.

eMagin reports its financial results for Q4 2020

OLED microdisplay maker eMagin posted its financial results for Q4 2020. Revenues for the quarter were $7.7 million (up from $7.3 million in Q3 2019) with contract revenue of $1.5 million reflecting continued work for a Tier-1 consumer company.eMagin XGA096 OLED-XL photo

Net loss for Q4 2020 was $3.7 million. For the full year 2020, eMagin reports revenues of $29.4 million, up from $26.7 million in 2019. The net loss in 2020 was $11.5 million.

eMagin reports its financial results for Q3 2020

OLED microdisplay maker eMagin posted its financial results for Q3 2020. While the company had a strong quarter in its main military market, but eMagin total sales were lower than expected as the medical and commercial markets were effected by the COVID-19 pandemic.

eMagin SXGA OLED-XL microdisplay photo

eMagin reports revenues of $7.3 million, a decline of $0.6 million from Q3 2019. Net loss for the third quarter of 2020 was $3.5 million compared to a loss of $0.3 million in 2019. At the end of the quarter, eMagin had cash and equivalents worth $10.3 million. The company's backlog at the end of the quarter was $10 million.

eMagin reports its financial results for Q2 2020

OLED microdisplay maker eMagin announced reported its financial results for Q2 2020. Revenues reached $7.7 million, an increase of 44% from Q2 2019. Operating loss was $1.3 million (down from $2.8 million in Q2 2019).

White OLED with CF structure vs dPd structure (eMagin)

eMagin says it continues to see strong demand for its microdisplays in the military market, and also in the medical market. At the end of the quarter eMagin's backlog was $13.3 million of products to be shipped in the next 12 months. Cash and equivalents at the end of the quarter were $11.5 million.

A look into eMagin's AR/VR dPd technology

In 2012, we first heard that eMagin is developing direct emission (or direct patterning, as the company calls it) OLED microdisplays. Fast forward into 2020, and the company is aiming to soon start producing such displays (it already launched its first such panel, see more below). In this article we'll look into the technology and the latest updates from eMagin.

White OLED with CF structure vs dPd structure (eMagin)
All current OLED microdisplays on the market from all producers use a white OLED with color filter. This is a simple design, but it is wasteful in energy, as the filters block around 80% of the light, and in addition to achieve the white color one needs to use a blue OLED emitter (in addition to a yellow one, or red and green ones) - and blue is the least efficient color for OLED emission.

The US DoD awards eMagin with $33.6 million to sustain and maintain its OLED microdisplay production facility

Last month OLED microdisplay maker eMagin announced that the company received a $5.5 million award from the US Department of Defense to improve eMagin’s OLED microdisplay manufacturing capabilities - which was a first phase in a three phase program.

F-35 helmet HMD photo

The DoD yesterday published the full project, a Defense Production Act Title III agreement with eMagin that has a total funding of $33.6 million (this excludes the $5.5 million announced before). The DoD wants eMagin to sustain and expand its critical industrial base production of OLED microdisplays. This project is part of the US national response to COVID-19.

eMagin reports its preliminary Q2 2020 revenues

OLED microdisplay maker eMagin posted its preliminary revenues for the second quarter of 2020 and backlog at June 30, 2020. eMagin estimates that revenues in Q2 2020 will be between $7.4 million to $7.7 million, a 38-44% increase from Q2 2019 and 10-15% increase from Q1 2020.

eMagin SXGA OLED-XL microdisplay photo

eMagin says that it has seen improvement in demand from both its military business and its consumer or commercial programs. The company's backlog as of June 30 was $14.8 million.

The US awards eMagin with $5.5 million to improve its OLED microdisplays production capabilities

OLED microdisplay maker eMagin announced that the company received a $5.5 million award from the US Department of Defense to improve eMagin’s OLED microdisplay manufacturing capabilities.

F-35 helmet HMD photo

The award was granted under the Industrial Base Analysis and Sustainment (IBAS) Program for OLED Supply Chain Assurance. These funds will be used for procurement and installation of capital equipment in eMagin’s NY-based manufacturing facility.

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