▶ 2:20 · $KOPN · Kopin CEO details defense moat and AI infrastructure optionality as path to $100M+ revenue

episode briefing

The $800M Stock Behind Military AR Headsets (KOPN)

2026-09-08 · 5 company · 4 thematic

sentiment

3 bull0 bear2 neu

speakers

Michael Murray is an engineer by training who spent over a decade at Analog Devices and ran the cyber business at UK defense firm Ultra Electronics. He took over as CEO of Kopin in 2022 as a turnaround CEO, owns ~1.5% of the company, and has guided the stock from under $1 to over $4 while pivoting the 40-year-old MIT spinout from consumer AR/VR to defense microdisplays and AI infrastructure.

michael sikand

Founder of Our Future, a business-media brand focused on the next generation of founders and operators. He also hosts interviews with entrepreneurs and executives.

quote

“We are the only company in the United States that's actually manufacturing microLEDs in the United States... Copen's the only company in the United States that has ever and I stress ever built a microLED in production... we have custom bui…”

—michael murray

now playing · $KOPN

$KOPN···bullish· high· posmichael murray

Kopin CEO details defense moat and AI infrastructure optionality as path to $100M+ revenue

Kopin is the only US company with a domestic microLED production line, giving it a critical moat for military AR headsets (Soldier Mission Command) and a fast-growing AI interconn…

$MOJO-VISIONneutral· mediummichael murray

Mojo Vision named as only other US microLED competitor but lacks production line

Mojo Vision received a parallel Army contract for Soldier Borne Mission Command microLEDs but Kopin CEO emphasizes they are the only US firm with an actual production line and pro…

$LSR···neutral· lowmichael sikand

Host likes NI Laser but notes stock plummeted on China export control fears

NI Laser has compelling directed-energy technology for drone defense but shares collapsed due to investor concerns over Chinese supply chain exposure and new export controls restr…

$FABRIC-AIbullish· mediummichael murray

Fabric AI partnering with Kopin on neural IO chip for AI infrastructure

Fabric AI is paying Kopin to develop neural IO technology, representing early validation of Kopin's microLED interconnect approach for AI infrastructure; Kopin also reports strong…

$KOPN···bullish· medium· posmichael sikand

Host runs $20M optical-focused fund and calls Kopin a free call option on AI infrastructure

The host manages a dedicated photonics fund and sees Kopin's defense business as a floor with the AI optical interconnect opportunity as a large asymmetric upside; he cites Goldma…

←