Jun 26, 2012

ITT Exelis Corporation have won a $49.5 million contract from the US army to supply display beam combiner assemblies (DBCA) for the Spiral Enhanced Night Vision Goggles (SENVG) program. Those assemblies include eMagin's OLED-XL full-color microdisplays, and eMagin's part of the contract has a potential value of $3.6 million. Deliveries are planned from mid-2012 through mid-2013.

A couple of weeks ago I posted about my visit to eMagin's booth at SID 2012 and my meeting with eMagin's CEO, Andrew Sculley.

Disclosure: the author of this post owns some eMagin stocks

OLED Microdisplays market report
Kyulux - Hyperfluoresence OLED emittersKyulux - Hyperfluoresence OLED emitters