eMagin Receives $1.7M Order from Collins Aerospace

eMagin’s OLED Microdisplays to be Used in F-35 Helmet Mounted Display System


HOPEWELL JUNCTION, N.Y., Dec. 15, 2022 (GLOBE NEWSWIRE) -- eMagin Corporation (NYSE American: EMAN), a leader in the development, design, and manufacture of high-resolution OLED microdisplays for AR/VR and other near-eye imaging products, today announced it has received an order of approximately $1.7 million for high-brightness OLED microdisplays from Collins Aerospace for its F-35 Helmet Mounted Display System (HMDS).

“Our OLED displays are recognized as the best fit for critical military applications such as the F-35 Helmet Mounted Display Systems supplied by Collins Elbit Vision Systems,” said eMagin CEO Andrew G. Sculley. “The extensive functionality of the HMDS and the extreme conditions in which it must operate require our unique, high-brightness OLED display technology. This significant purchase order is another testament to the value we bring to mission-critical applications, and we are proud of our long and successful history of working closely with Collins Aerospace on several programs.”

The Lockheed Martin F-35 Lightning is the world’s most advanced jet fighter and is designed to provide intelligence, surveillance and reconnaissance in any weather conditions, day or night, in both air-superiority and strike missions. The Helmet Mounted Display System is a critical part of the F-35's human-machine interface.

About eMagin
eMagin is the leader in OLED microdisplay technology, enabling the visualization of digital information and imagery for world-class customers in the military, consumer, medical and industrial markets. The Company invents, engineers, and manufactures display technologies of the future and is the only manufacturer of OLED displays in the United States. eMagin's Direct Patterning Technology (dPd™) will transform the way the world consumes information. Since 2001, eMagin's microdisplays have been used in AR/VR, aircraft helmets, heads-up display systems, thermal scopes, night vision goggles, future weapon systems and a variety of other applications. For more information, please visit www.emagin.com.

Contact:

eMagin Corporation
Mark Koch, Chief Financial Officer
845-838-7900
investorrelations@emagin.com

Sharon Merrill Associates, Inc. 
Nicholas Manganaro  
617-542-5300 
eman@investorrelations.com