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eMagin Corporation to Join Russell Microcap Index

FTSE Russell determines membership on an annual basis by objective, market-capitalization rankings and related criteria.

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By: DAVID SAVASTANO

Contributing Editor, Coatings World and Ink World, Coatings World and Ink World Magazine

eMagin Corporation announced that it will be added to the Russell Microcap Index at the conclusion of the index’s annual reconstitution, effective after the market close on Friday, June 25, 2021. FTSE Russell determines membership for its indexes on an annual basis by objective, market-capitalization rankings and related criteria.

“eMagin’s inclusion in the Russell index reflects the considerable growth we’ve achieved in the past year,” said Andrew Sculley, CEO of eMagin Corporation. “As we look to build on that success, we are moving forward with a number of initiatives, including the expansion of our manufacturing footprint by more than 25% as we make room for new equipment funded by the US Department of Defense. At the same time, we are increasing our engineering headcount and continuing our investments in R&D as we enhance our technical capabilities and build for the future.”

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