OLED microdisplay maker eMagin reported its preliminary financial results for Q3 2022, with revenues in the range of $7.4 to $7.6 million, an increase of 28%-31% from last year.
eMagin says it sees strong demand in the military market, increased revenue from medical customers and also increased R&D contract revenues.
eMagin reported several times that it has some large consumer electronics companies interested in its direct-emission (dPd) OLED technology for AR devices. It is estimated that Facebook is one of these companies. Samsung has also, according to reports, recently started testing eMagin's dPd technology. Valve is also likely a customer of eMagin's displays.
Disclosure: the author of this post holds some shares in eMagin
Posted: Oct 25,2022 by Ron Mertens
