09.16.21
eMagin Corporation announced it has finalized the details of its previously announced $33.6 million contract with the US Department of Defense (DoD) to sustain and enhance domestic capability for high-resolution, high-brightness OLED microdisplays, including the company’s direct patterning technology (dPd).
All capital equipment decisions have been made, with all qualification milestones in place, as the company enters the second year of a three-year contract. A major portion of this Defense Production Act Title III investment will be used to install production-capable dPd equipment at eMagin's Hopewell Junction, NY headquarters to improve throughput and yield of this innovative technology.
The funding will enable the company to replace and update equipment to reduce produc-tion downtime and increase yield for existing microdisplays. The company expects to expand its US-based workforce by 10% over the duration of the contract.
“eMagin is the sole US manufacturer of OLED microdisplays, which we have proudly sup-plied to US defense programs of record since 2006 to provide critical information to our soldiers on the battlefield,” said eMagin CEO Andrew Sculley.
“We greatly appreciate the support of the US military in helping to protect our vital domestic production capability and high-technology manufacturing jobs. Moreover, we have increased our manufacturing footprint by more than 25% to accommodate the new equipment that we will procure with this funding, and we are hiring additional engineers to support our R&D and production efforts.”
Since January of this year, eMagin has taken delivery of four new production tools and continues to make down payments with vendors that are building equipment requested under the government funding awards. These tools will continue to improve yields and throughput to support customer deliverables for defense programs of record, as well as eMagin’s medical, industrial, and consumer programs.
All capital equipment decisions have been made, with all qualification milestones in place, as the company enters the second year of a three-year contract. A major portion of this Defense Production Act Title III investment will be used to install production-capable dPd equipment at eMagin's Hopewell Junction, NY headquarters to improve throughput and yield of this innovative technology.
The funding will enable the company to replace and update equipment to reduce produc-tion downtime and increase yield for existing microdisplays. The company expects to expand its US-based workforce by 10% over the duration of the contract.
“eMagin is the sole US manufacturer of OLED microdisplays, which we have proudly sup-plied to US defense programs of record since 2006 to provide critical information to our soldiers on the battlefield,” said eMagin CEO Andrew Sculley.
“We greatly appreciate the support of the US military in helping to protect our vital domestic production capability and high-technology manufacturing jobs. Moreover, we have increased our manufacturing footprint by more than 25% to accommodate the new equipment that we will procure with this funding, and we are hiring additional engineers to support our R&D and production efforts.”
Since January of this year, eMagin has taken delivery of four new production tools and continues to make down payments with vendors that are building equipment requested under the government funding awards. These tools will continue to improve yields and throughput to support customer deliverables for defense programs of record, as well as eMagin’s medical, industrial, and consumer programs.