Kopin Corporation

Humana shares surged 13% after the Centers for Medicare & Medicaid Services upgraded its primary Medicare Advantage contract, designated H5216, to four stars for 2027, restoring eligibility for quality bonus payments across roughly 2.4 million members. Kopin rose 4% on an $18.6 million sole-source U.S. Army contract for MicroLED microdisplay work, bringing total program funding to $34 million. SpaceX gained 2% after an $8 billion cash deal with Grain Management for up to 14 MHz of nationwide 800 MHz low-band spectrum, a move that sent T-Mobile US, Verizon Communications and AT&T each down more than 6%. On the losing side, Alignment Healthcare tumbled 18% after its primary California contract fell to 3.5 stars, while Delta Air Lines fell 2% on September-quarter adjusted EPS of $1.72 versus the $1.82 consensus and a lowered full-year outlook, with adjusted fuel expense up 62% to $4.14 billion. Apple slipped 2% after Nikkei Asia reported it cut October component orders for the iPhone 18 Pro and iPhone 18 Pro Max by 15% to 20%.

Kopin Corporation announced Thursday it has secured an $18.6 million sole-source award from the Office of the Secretary of War through the U.S. Army Contracting Command under the Industrial Base Analysis and Sustainment program. The award is the second major U.S. Government investment dedicated to advancing Kopin's color MicroLED microdisplay technology, and it brings the company's total IBAS funding to $34 million. The additional funding will support development of two more MicroLED display configurations designed for specific ground-soldier and pilot applications while accelerating Kopin's efforts to establish and expand U.S.-based MicroLED manufacturing capabilities. Kopin said the support will help it meet demanding requirements for next-generation visual systems that need exceptional brightness, rugged durability, power efficiency and reliable performance in all operational environments, opening the door to wider integration into future weapon sights, helmet-mounted systems and augmented-reality platforms. Shares of KOPN gained nearly 3% in extended trading.

Fabric.AI has engaged global management consulting firm Kearney to lead and accelerate the commercialization strategy for its Neural I/o MicroLED-based optical interconnect platform. The company, together with its development partner Kopin Corporation, has executed non-disclosure agreements with several leading semiconductor and data center technology companies, with technical discussions already underway. Kearney's mandate is to convert that early engagement into a structured commercial pipeline by sharpening product positioning, identifying and prioritizing target customers and channel partners, and preparing Fabric.AI for active sales discussions expected to begin after planned hardware demonstrations in early 2027. James Altucher, an independent strategic advisor to Fabric.AI, said Neural I/o addresses the two constraints defining the next generation of AI data centers, how much data can be moved and what it costs in power to move it, and that Kearney's role is to help turn confidential discussions into commercial relationships. Fabric.AI trades on Nasdaq under the ticker FABC, while Kopin Corporation trades under KOPN.

Fabric.AI and Kopin Corporation have expanded their Neural I/O program by signing several new non-disclosure agreements with companies that are part of NVIDIA's NVLink ecosystem. The agreements, announced as part of the Neural I/O initiative, bring in additional industry participants evaluating the potential use of the MicroLED-based optical interconnect platform in next-generation AI infrastructure. Neural I/O aims to address the challenge of moving growing data volumes efficiently between GPUs, accelerators, memory, and other computing components using a massively parallel optical architecture. Fabric.AI CEO Josh Silverman stated that the new NDAs represent a meaningful step in expanding industry engagement as the company advances toward a planned CES 2027 demonstration.

Kopin Corporation announced it expects to achieve GAAP profitability and positive free cash flow in the fourth quarter of 2026, driven by progress across its defense and AI programs. CEO Michael Murray highlighted major technical milestones in the U.S. Army color microLED program, including achieving over 150,000 nits of single-panel full-color brightness, with manufacturing targeted for mid-2027. The company also reported multiple new prototype orders for Sentinel FPV goggles tied to the Drone Dominance Program, with volume orders expected to begin in late Q4 2026. CFO Erich Manz stated that second-half 2026 results are expected to exceed prior guidance, though no new official revenue range was provided. For the second quarter of 2026, Kopin reported total revenue of $12.7 million, a loss from operations of $3.5 million, and net income attributable to common stockholders of $0.9 million, or $0.00 per share, aided by investment gains and an income tax benefit.

Kopin Corporation has received multiple new orders for its Sentinel First Person Viewer product as part of the U.S. Government's one way attack drone initiative. The Sentinel FPV platform offers dual situational awareness, is extremely low weight, produced in the U.S., and provides defense-ready performance with high-clarity, low-latency viewing. The company noted that winners of the Drone Dominance Program could require tens of thousands of FPV goggles, with volume orders expected to begin in late August following Phase 2 evaluations. Kopin is also pursuing strategic partnerships with drone manufacturers and system integrators seeking U.S.-built FPV solutions. In pre-market trading, KOPN shares rose 7.85% to $4.12.