eMagin Wins $2.4M R&D Contract from U.S. Navy

eMagin Corporation announced that it has received a $2.4 million contract from the U.S. Navy for research and development of a high-brightness 2,000 x 2,000 pixel OLED microdisplay.

The $1.1 million Phase I of the project will begin immediately and run through September 2012, when the $1.3 million Phase II option period, which runs an additional 12 months, begins. The proposed work in this program will leverage the accomplishments of prior Night Vision and Electronic Sensors Directorate (NVESD) OLED programs and further improve the OLED performance. It is contemplated this work will facilitate the use of eMagin’s OLED microdisplays in environments requiring a very high brightness display such as aircraft cockpits.

“This is a key award for eMagin as it is expected this work will result in the ability to produce a greatly improved microdisplay solution and therefore increase the use of eMagin’s OLED microdisplays in demanding avionics applications with potential commercial applications as well,” said Andrew Sculley, president and CEO of eMagin. “The brightness, resolution and the color gamut will be outstanding and a significant upgrade from what is currently available from any microdisplay producer. eMagin is very pleased to continue this important work with the NVESD and the U.S. Navy.”