the you joining on this everyone, call morning. thank and Jeff. morning, for Good Thanks, us
on very had issued release to XXXX. see good As this from our start you second building quarter, strong we a our morning, can
as growth technology significant commercial interest for by and in in the are demonstrated both Contract and globally, revenues. Product seeing We our government both applications
X% customers our customer quarter, generated revenues this new to including from XX% XX customers, and first from of second the base. quarter for overall million this XX XXXX revenue quarter, of existing year. in the $X.X We programs over supplied sequentially product our and the For grew quarter X new
excluding Our of result we sales reinforces this XX%, was in generating up productivity combination and a product year quarter, leverage gross charge, manufacturing are margin display the from capable from ago. increase a XX% of This the impairment initiatives.
great our improvement made in have yield We strides initiatives.
We increased installation hires some production some and resources, have advanced key of equipment. and new production the
and to these quarter for pursued improve invested in greater and will but yield which increases even in from the achieve projects. we've have expect also Army $XXX,XXX To display funding, yield. additional We for investments OLED and production received the received we've help processes, supplement additional U.S. our $XXX,XXX and third government us internal date, an three improvement,
Our military remains business robust.
previously, helmet multi-service, are upgrade fixed supplying aircraft As a we program. we have wing displays for a testing an of discussed to production OLED for multi-country,
our existing production expect is replace we glow. that the and initial XXXX. green displays rate We expect This program LCD on begin will limited displays to a give off in schedule,
order for Program are Launch on and which expect fourth a We support $XXX,XXX, early With XXXX. of shift to number the prime a contractors Night U.S. we program, to Vision for supported displays full production respect Goggle-Binocular to or Army ENVG-B the preproduction with this Enhanced expect program also nearly quarter $XXX,XXX of Javelin to received Command scheduled order the Unit, this the we in and awaiting year. Missile follow a
period, over will they As systems. approximately now, we XXX,XXX are a assuming seven-year acquire of that
helmets into the a are retrofitting current high-brightness U.S. making we now will helicopter Army field. program, Finally, progress major microdisplays the in they where upgrade be on
in We third the the have test and for ground flight final for helmets, delivered displays scheduled are tests quarter. which
business growing. is activity, see from our the can As defense and strong you
date, recently we interest customer to sold a last trade we a show and of there ample April, sample customers. in volume Have to shipped India from was XXXX As DefExpo another have where To volumes small received mentioned there. in the unit participated our X,XXX potential quarter, one we partners military order.
that charge we and will who will $X.X events new products, we which working as incremental with From as new incorporate we'll commercial a OLED We which microdisplays. will meet XXXX generate other attending well shows our night Jeff and take be discontinuing several detail. prospects vision in more in describe are as a business perspective, consumer our are and products, existing these quarter, trade million programs expect customers on this
We our the is electronics that's resources commercial microdisplay advancement which engineering, expertise, and utilized consumer of core government technology, in management military, focusing will around marketing OLED and our be our and initiatives products.
in make our color, highest ensure consumer develops. and the the a our from recently which as achieved maximum that progress a brightness more prior available full improvement in OLED we announced patterning We continue nits. to have of than market initiatives brightness direct is advancing to X,XXX AR/VR our technology X,XXX nits significant We
technology microdisplay direct will to the has to then the first design XX,XXX brightness available in next pattern XX,XXX final expect AR/VR final of and early using for the and nits our completed goal be XXXX. We prototypes for the our recently generation nits. to get roadmap needed technology, review Our our
to we number one securing are as or are discussions These complex manufacturing have mentioned, of partner, and previously to take our we have a parties. In with discussions, we Additionally, engaged newer actively consumer a electronics continue time. with of prospects. licensing regard
and AR/VR basis. time will companies is the we opportunity a the adoption Having new inquiries consumer it that, and receive growth we Additionally, than which of is to utilization contemplated. us, to consumer commercial yields, our regular widespread continue we well equipment to advancement and believe closing, as to AR pursue urgency uptime With related development meet throughput; be including turn of partners as manufacturing. direct of and to to prevalent year VR that, on our that consumer our substantial improvements AR/VR; adoption market last technology; manufacturing the to call as In review both for our that continue continuing a will over customers; recognize customers capacity that going today, engage to strategic take to advance assumption objectives, high-volume the cutting-edge find Jeff? we drive experienced we and/or demands the a production Jeff improve said military not patterning as work financials. originally for is I to of the electronics more are market this the and to to licensing pursuing while many the
