Capital Plan and Deliverables Finalized Around Defense Production Act Title III Investment to Enhance Manufacturing Throughput and Yield   eMagin to Expand Its U.S.-based Workforce by 10%   HOPEWELL JUNCTION, N.Y., Sept. 16, 2021 (GLOBE NEWSWIRE) -- eMagin Corporation (NYSE American: EMAN), a leader in the development, design and manufacture of Active Matrix OLED microdisplays used in military and commercial AR/VR devices, and other near-eye imaging products, today announced it has finalized the det...

The U.S. Navy has given a $2.4 M worth contract to eMagin, an innovator of OLED microdisplays and virtual imaging technologies, for research and development of 2,000 x 2,000 px bright OLED microdisplay. The $1.1 M valued Phase I of the project will commence at once and will continue during September 2012 followed by the commencement of $1.3 M worth Phase II option period, which will be carried over for another one year. The proposed operation in this program will capitalize on the achievements resulting from the previous Night Vision and Electronic Sensors D...