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Subsequent Events
6 Months Ended
Jun. 30, 2020
Subsequent Events [Abstract]  
Subsequent Events

Note 13 – Subsequent Events



On July 28 2020, the Company announced that it has been awarded a $33.6 million contract over the next thirty-three months from the DoD to sustain and enhance U.S. domestic capability for high resolution, high brightness OLED microdisplays that will be based on the Company’s proprietary direct patterning technology (“dPdTM”). This investment is in addition to the $5.5 million award announced on June 11, 2020, under the IBAS Program for OLED Supply Chain Assurance and will be used to increase capacity and sustain operations at eMagin’s Hopewell Junction, New York, headquarters.



During July 2020, the Company realized net proceeds of $6.5 million under its ATM facility. The Company intends to use the funds for working capital and other general corporate purposes.