eMagin Corporation Announces Significant Order for Military Program
eMagin Corporation (EMAN)
NASDAQ:AMEX Investor Relations:
ir.emagin.com/investor-overview
Company Research
Source: Business Wire
HOPEWELL JUNCTION, N.Y.--(BUSINESS WIRE)--eMagin Corporation, or the “Company”, (NYSE American: EMAN), a leader in the development, design and manufacture of Active Matrix OLED microdisplays for high resolution near-eye imaging products, today announced an order of approximately $4.3 million for displays in connection with the U.S. Army’s Enhanced Night Vision Goggle – Binocular (ENVG-B) program.“We have received a follow-on order from the Prime Contractor for the U.S. Army to supply our OLED microdisplays for the ENVG-B program. Deliveries are scheduled through mid-2021. We have received strong reviews on our microdisplays from warfighters and are pleased to be the sole display provider to this important program,” stated Andrew Sculley, CEO.“We are excited to receive this order. We expect the ENVG-B program will be a multi-year opportunity for eMagin as the US Army’s acquisition objective is 108,000 systems,” added Mr. Sculley.The ENVG-B increases the warfighter’s lethality, mobi
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