Kopin Secures Additional $18.6M U.S. Army MicroLED Contract

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.

Meta used its Meta Connect event to unveil the Muse Charm, a standalone pocket device built exclusively for voice interaction with the company's new Muse agent, alongside a major push into what Chief Executive Mark Zuckerberg called Personal Superintelligence. The Muse Charm debut came late Wednesday, and Meta also showed off the Meta VR Glasses, a 100-gram spatial computing headset priced at $1,299 with 5K micro-OLED displays, tethered puck processing, and native eye and hand tracking, plus the third-generation Ray-Ban Meta Gen 3 glasses starting at an entry-level $249 and camera-free Ray-Ban Meta Audio glasses for open-ear listening and AI voice interaction. Meta's Muse has amassed more than 3.4 million downloads since its Sept. 8 launch, according to new Sensor Tower data obtained by Yahoo Finance, including 2.8 million in its first two weeks, versus 3.7 million for OpenAI's ChatGPT, 400,000 for SpaceXAI's Grok, and 300,000 for Anthropic's Claude over the same 14 days post-launch. Meta stock has surged 14% in the past five days, even as it trades on a forward price-to-earnings ratio of 22 times, below its long-term average of 23.1 times, with 2027 EPS estimates still well below levels seen 90 days ago. Citi analyst Ronald Josey said the firm emerges from Meta Connect incrementally positive on Meta shares, calling Muse the centerpiece of Meta's AI product strategy as voice, additional distribution points through Meta Glasses, and services across shopping, travel, and productivity verticals could unlock incremental monetization opportunities.

Meta Platforms unveiled Meta VR Glasses, a roughly 100-gram virtual-reality device that will go on sale in spring 2027 for $1,299.99. The headset features a 5K Infinite Display with micro-OLED panels, Dolby Vision and Dolby Atmos, runs on Qualcomm's Snapdragon Reality Elite processor, and integrates Meta AI with eye, voice and hand-gesture controls; a two-part design houses compute, battery and storage in a separate tethered puck. Meta VR Glasses are the first IMAX Enhanced-certified VR device, offering 3D movies and more than 100 immersive live U.S. sports events annually, plus multi-screen workspaces and more than 75 games at launch. The launch comes as Meta's Reality Labs revenues rose 16% year over year to $431 million in the second quarter of 2026, growth that was partially offset by lower Quest headset sales, and as Apple expands Apple Vision Pro into accessibility applications such as eye-based control for power wheelchair drive systems and Alphabet pushes Android XR smart glasses built with Samsung, Gentle Monster and Warby Parker. Meta shares have rallied 17.8% year to date, trailing the broader Zacks Computer & Technology sector's 21.7% return, and carry a forward 12-month Price/Sales of 6.77X versus the Internet Software industry's 4.42X.

Meta's $14.3 billion deal to buy up the employees of AI startup Scale AI, including Chief AI Officer Alexandr Wang, who received about $5 billion as part of the deal, appears to be paying off. Meta's new AI products developed under Wang's leadership have added roughly $200 billion in market value, and Meta has added about $234 billion to its market cap in the past five days. At Meta Connect, Zuckerberg unveiled the Muse Charm, a standalone pocket device built exclusively for voice interaction with the company's new Muse agent, along with the Meta VR Glasses, a 100-gram spatial computing device priced at $1,299 with 5K micro-OLED displays, and the third-generation Ray-Ban Meta Gen 3 glasses starting at $249. Muse reached 2.8 million downloads in its first 12 days across the US and Canada App Stores, and surpassed OpenAI's ChatGPT in early adoption, with 1.8 million downloads in Muse's first 12 days compared to 1.3 million for ChatGPT. Muse also set a new US daily download record of 264,000 on Sept. 19, its third straight day above 200,000.

Teradyne has introduced Iris 100, a production-ready optical test platform for microLED devices used in augmented-reality displays and optical interconnects for AI data centers, expanding its AI test portfolio against KLA Corporation and Cohu. The system measures individual emitters across arrays containing millions of microLEDs and integrates with Teradyne's UltraFLEXplus platform for combined optical and electrical testing, supporting wafer and final testing with advanced parallelization and image processing for high-throughput production. AI-driven revenues represented more than 60% of Teradyne's second-quarter 2026 revenues, while total revenues surpassed $1.3 billion, more than doubling year over year. Within that quarter, Semi Test revenues increased 128% year over year, compute revenues surged nearly 600%, and Product Test revenues rose 26% to $107 million. For the third quarter of 2026, Teradyne expects revenues in the range of $1.20-$1.30 billion. The Zacks Consensus Estimate for 2026 earnings is pegged at $9.10 per share, unchanged over the past 30 days and suggesting 129.80% year-over-year growth, while Teradyne shares have surged 101% year to date.

Meta used its Meta Connect keynote to unveil a new hardware lineup built around its Muse AI agent, led by the Muse Charm, a standalone pocket device made exclusively for voice interaction. The company also introduced the Meta VR Glasses, a $1,299 spatial computing headset weighing just 100 grams, roughly one-fifth the weight of Meta's Quest 3, with 5K micro-OLED displays, tethered puck processing, and native eye-and-hand tracking. On the smart eyewear side, Meta debuted the third-generation Ray-Ban Meta Gen 3 glasses starting at an entry-level $249, joined by the camera-free Ray-Ban Meta Audio glasses designed purely for open-ear listening and AI voice interaction. KeyBanc analyst Justin Patterson said the keynote showed progress across AI and connected devices and argued more investors will reconsider Meta's ability to participate in the hardware total addressable market, where glasses alone represent a 2 billion user opportunity. Evercore ISI analyst Mark Mahaney called the announcements a strategic shift placing agentic AI, wearable computing, commerce integrations, and privacy infrastructure at the core of Meta's next computing platform, adding that Muse over Metaverse is a good thing for Meta investors. JP Morgan analyst Doug Anmuth said that while it is still early, Muse has the potential to become the most widely used consumer AI application since ChatGPT.