Key Takeaways
- • Mojo Vision announced $24.4 million in additional funding under an Other Transaction Authority agreement with the Office of the Assistant Secretary of War for Industrial Base Policy (OASW(IBP)), making it the company's largest government award to date.
- • The funding comprises $20 million from the Industrial Base Analysis and Sustainment (IBAS) program and $4.4 million from the U.S. Army C5ISR organization.
- • The program will develop ultra-bright, monolithic full-color microdisplays for near-eye augmented reality, built on Mojo's proprietary quantum dot color conversion.
- • The award is positioned to strengthen the domestic defense industrial base and manufacturing, with spillover benefits for the micro-LED platform behind Mojo's optical interconnect business.
- • CEO Nikhil Balram said the award accelerates work on full-color displays for warfighters and strengthens U.S. manufacturing capacity.
Summary
Mojo Vision, a Cupertino, California-based micro-LED developer, announced $24.4 million in additional government funding under an Other Transaction Authority agreement administered through the Office of the Assistant Secretary of War for Industrial Base Policy, according to a Business Wire release dated October 21, 2026. The company described the award as its largest government contract to date. Of the total, $20 million comes from the Industrial Base Analysis and Sustainment (IBAS) program and $4.4 million from the U.S. Army Command, Control, Communications, Computers, Cyber, Intelligence, Surveillance, and Reconnaissance (C5ISR) organization.
The program will develop ultra-bright, monolithic full-color microdisplays for near-eye augmented reality applications. Mojo said the displays use its proprietary quantum dot color conversion and are designed to improve brightness and reliability while reducing size, weight and power, with the stated goal of giving warfighters more comfortable equipment and better situational awareness. The company also expects advances in micro-LED technology, CMOS integration and wafer-scale manufacturing to strengthen the shared platform behind its display and optical interconnect businesses.
CEO Nikhil Balram said the award "accelerates our work to put ultra-bright, full-color displays into the hands of the warfighter and strengthen America's ability to manufacture them." He added that the same micro-LED technology that changes how people see information can change how computing systems move data.
The Assistant Secretary of War for Industrial Base Policy, the Honorable Michael Cadenazzi, stated that microdisplays are integrated into solutions across all domains, including heads-up displays for pilots, advanced night vision goggles, weapon optics and unmanned systems, and that a secure domestic supply of advanced MicroLED displays is vital for next-generation defense applications.
Mojo describes its platform as a wafers-in, wafers-out micro-LED technology built on 300mm silicon architecture, targeting AI glasses and massively parallel optical interconnects for AI infrastructure.
The program will develop ultra-bright, monolithic full-color microdisplays for near-eye augmented reality applications. Mojo said the displays use its proprietary quantum dot color conversion and are designed to improve brightness and reliability while reducing size, weight and power, with the stated goal of giving warfighters more comfortable equipment and better situational awareness. The company also expects advances in micro-LED technology, CMOS integration and wafer-scale manufacturing to strengthen the shared platform behind its display and optical interconnect businesses.
CEO Nikhil Balram said the award "accelerates our work to put ultra-bright, full-color displays into the hands of the warfighter and strengthen America's ability to manufacture them." He added that the same micro-LED technology that changes how people see information can change how computing systems move data.
The Assistant Secretary of War for Industrial Base Policy, the Honorable Michael Cadenazzi, stated that microdisplays are integrated into solutions across all domains, including heads-up displays for pilots, advanced night vision goggles, weapon optics and unmanned systems, and that a secure domestic supply of advanced MicroLED displays is vital for next-generation defense applications.
Mojo describes its platform as a wafers-in, wafers-out micro-LED technology built on 300mm silicon architecture, targeting AI glasses and massively parallel optical interconnects for AI infrastructure.
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