Emagin announced today that it has signed an agreement to build its first production OLED deposition machine, one that will leverage the latest advances in the Company’s proprietary manufacturing processes. The new machine, which will be a key factor in the production of the company’s OLED microdisplays, is expected to increase OLED deposition capacity by approximately tenfold, to increase yield significantly and contribute to substantially more automated processes. The new proprietary machine replaces the company’s existing Satella, an R&D machine adapted and used by eMagin for production since its inception in 1996.
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“I believe this next generation machine will play a key role in eMagin‘s continued growth and success in the coming years,” commented Mr. Andrew Sculley, the Company’s president and chief executive officer. “The substantial production efficiencies to be gained from the next generation OLED deposition machine are clear, and the Satella will be used primarility by our R&D group, which will allow for a much more effective manufacturing process.”
The new machine is expected to be completed in Spring 2011, with production beginning in the Fall 2011.
