Kopin Corporation

Ladies and gentlemen, please stand by. The conference will resume momentarily. Good evening everyone and welcome to the Copen Corporation second quarter 2026 earnings conference call. During today's presentation, all parties will be in a listen-only mode. Following the presentation, the conference will be open for questions. This conference is being recorded today and the earnings press release accompanying this conference call was issued earlier today. Before we get started, I'd like to remind everyone that during today's call, we will be making forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. These statements are based on the company's current expectations, projections, beliefs, and estimates and are subject to a number of risks and uncertainties that could cause actual results to differ materially from those forward-looking statements. Potential risks include, but are not limited to, demand for our products, operating results of our subsidiaries, market conditions, and other factors discussed in our most recent annual report on Form 10-K and other documents filed with the Securities and Exchange Commission. Although the company believes that the assumptions underlying these statements are reasonable, any of them can be proven inaccurate and there can be no assurance that the results will be realized. The company undertakes no obligation to update the forward-looking statements made during today's call. Copen Corporation's Chief Executive Officer, Michael Murray, will begin today's call with an overview of Copen's strategic progress and business development during the second quarter and the period that has followed. Following Michael Copen's CFO, Erich Manz, will review the company's second quarter 2026 financial results. I would now like to turn the conference over to Michael Murray. Michael, the floor is yours.

Well, thank you very much, operator, and good afternoon to everyone, and welcome to our second quarter 2026 earnings call. The second quarter and the weeks that followed showed Copen executing on every one of the priorities we laid out at the beginning of this year. We delivered major technical and manufacturing milestones in our U.S. Army Color Micro-LED program. We converted our entry into FPV drone markets into multiple new prototype orders tied to the U.S. government's drone dominance program. And we continue to make disciplined, strategic investments in our U.S. engineering and manufacturing footprint, including a new optics and photonics design center in Dallas, Texas.

Today,