9 Best Augmented Reality Stocks to Invest in Under $10

6. Kopin Corporation (NASDAQ:KOPN)

Share Price as of January 31: $1.74

Number of Hedge Fund Holders: 11

Kopin Corporation (NASDAQ:KOPN) and its subsidiaries invent, develop, manufacture, and sell microdisplays, subassemblies, and related components for defense, enterprise, industrial, and consumer products. As a leader in providing application-specific optical systems, the company has shown significant interest in the U.S. Army’s Integrated Visual Augmentation System (IVAS).

The move came with the US Army initiating a competition process for Microsoft’s $22 billion Integrated Visual Augmentation System (IVAS) production contract. The US Army seeks a strategic partner to address issues such as visual discomfort and nausea from the current mix of augmented reality headsets. The opening up of the contract presents a tremendous opportunity should Kopin Corporation (NASDAQ:KOPN) secure the contract. The U.S. government views the company favorably because of its defense-related activities, such as the F-35, weapons sight, and Lockheed missile programs.