May 4, 2012 – BUSINESS WIRE — eMagin Corporation (NYSE Amex:EMAN), organic light emitting diode (OLED) microdisplay and virtual imaging technology developer, received a $3.1 million follow-on order for OLED microdisplays under an existing US Army Remote Viewer Program.
Deliveries under this contract have already begun, with all the microdisplays to be delivered by the end of 2012. The eMagin SVGA+ OLED-XL microdisplay was originally chosen for this program in 2008, with original shipments starting in 2009 and expected to continue into 2013.
eMagin was awarded a $1.12 million SBIR contract from the United States Special Operations Command (USSOCOM) to optimize its WUXGA OLED micro display for mass production in February 2012.
The program specifies high-performance microdisplays with low power consumption, noted Andrew G. Sculley, president and CEO of eMagin, who added that eMagin sees OLED microdisplays increasingly adopted as a critical component for military applications that require high resolution, low power and “instant-on” under a wide range of temperatures.”
eMagin integrates high-resolution OLED microdisplays with magnifying optics to deliver virtual images comparable to large-screen computer and television displays in portable, low-power, lightweight personal displays. eMagin microdisplays provide near-eye imagery in a variety of products from military, industrial, medical and consumer OEMs. More information about eMagin is available at www.emagin.com.