On October 16, 2025, Kopin Corporation announced the closing of a $15.0 million strategic investment agreement with Theon International Plc, following regulatory approval of the transaction. The deal was finalized on Thursday, October 16, 2025, marking the first time the investment has been fully executed.
In addition to the equity investment, the parties agreed to a joint‑development program worth an additional $8.0 million. The collaboration will focus on advancing shared technology platforms and accelerating product development for both companies’ defense and industrial markets.
The infusion of $15 million in capital, coupled with the $8 million joint‑development commitment, strengthens Kopin’s balance sheet and provides resources to support its ongoing R&D initiatives. The partnership is expected to enhance the company’s competitive positioning in high‑performance microdisplay and optical solutions, potentially opening new revenue streams and improving long‑term profitability.
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