News

Mojo Vision lands $24.4M US defense grant for micro-LED displays

What's the deal? Mojo Vision has secured $24.4 million in US government funding to advance its micro-LED display technology and domestic manufacturing. The award — the largest government commitment in the company's history — includes $20 million from the Industrial Base Analysis and Sustainment (IBAS) program and $4.4 million from the US Army's C5ISR organisation, routed through the Office of the Assistant Secretary of War for Industrial Base Policy.

What's the endgame? The money funds full-color microdisplays for near-eye augmented-reality systems that put navigation and situational data directly in soldiers' field of vision. Mojo uses quantum dot color conversion to produce full-color images from micro-LED devices, aiming to boost brightness and reliability while cutting size, weight, and power.

The grant also supports Mojo's broader platform, built on 300mm silicon and gallium nitride-on-silicon emitters, which serves both displays and optical interconnect systems used in computing infrastructure.

Why now? The award is rare in scale. Among all-time grant rounds for augmented-reality companies in the US, it ranks in the top 1% of 102 deals tracked.

It also fits a wider US push to onshore micro-LED supply. In February 2026, the Department of WarDealroom has a profile for this one. Try Dealroom → cited $24.5 million in earlier IBAS investments for Kopin and Tectus, and Kopin announced a further $18.6 million Army award in October.

What's the context? The grant is not Mojo's first major financing. It follows a $75 million Series B Prime in 2025 and a subsequent $17.5 million strategic investment, adding a mission-specific capital source on top.

"This 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," said chief executive officer Nikhil Balram.

The signal: The deal reflects growing government commitment to domestic production and multiple micro-LED suppliers for defense — not evidence, on its own, that the displays have reached broad commercial adoption.

Read more: citybiz.co

Image credit: The National Guard

More top stories