Welcome to our dedicated page for Cps Technologie news (Ticker: CPSH), a resource for investors and traders seeking the latest updates and insights on Cps Technologie stock.
About CPS Technologies Corporation
CPS Technologies Corporation (NASDAQ: CPSH) is a pioneering company in the field of advanced materials, specializing in the development and manufacturing of aluminum metal matrix composites (Al-MMCs) and related technologies. With over two decades of expertise, CPS has established itself as a key supplier of high-performance components designed to meet the demanding requirements of industries such as electronics, defense, renewable energy, transportation, and aerospace.
Core Business Areas
At its core, CPS focuses on the production of innovative materials that address critical challenges in thermal management, structural integrity, and lightweight design. The company's flagship product line includes AlSiC (aluminum silicon carbide) metal matrix composites, which are widely recognized for their exceptional thermal conductivity, low weight, and mechanical strength. These materials are essential for applications in electronic devices, electric vehicles, and renewable energy systems, where efficient heat dissipation is crucial.
In addition to AlSiC, CPS leverages its expertise in syntactic materials, which combine ceramic hollow shell reinforcements with aluminum matrices to achieve ultra-lightweight and stiff structures. These advanced materials are further enhanced with fiber reinforcements, enabling the creation of unique hybrid solutions tailored to specific customer needs.
Specialized Product Offerings
CPS Technologies also produces HybridTech Armor®, a proprietary solution that encapsulates ceramic tiles within Al-MMCs to deliver superior ballistic protection and environmental durability. This product is particularly valuable for defense applications, offering lightweight yet robust protection for personnel and equipment.
Beyond armor, CPS manufactures structural components that integrate fiber reinforcements for use in aerospace and satellite systems, where weight reduction and mechanical performance are paramount. The company's hermetic packages are another critical offering, providing reliable protection for sensitive electronic components in harsh environments.
Market Applications
CPS's advanced materials are integral to a wide range of industries and applications, including:
- Electronics: Thermal management solutions for high-power devices and 5G infrastructure.
- Transportation: Lightweight components for hybrid and electric vehicles, as well as electric trains and subway cars.
- Renewable Energy: Components for wind turbines and smart grid systems.
- Defense: Ballistic protection and radiation shielding materials for military applications.
- Aerospace: Structural components for satellites and other aerospace systems.
Innovation and Research
CPS is deeply committed to innovation, as evidenced by its participation in Small Business Innovation Research (SBIR) programs. These research initiatives enable the company to explore new material technologies, such as radiation shielding solutions and advanced manufacturing techniques like binder jet additive manufacturing. By leveraging its existing manufacturing capabilities, CPS continues to expand its product portfolio to address emerging market needs.
Competitive Position
Operating at the intersection of materials science and high-performance engineering, CPS differentiates itself through its specialized expertise in Al-MMCs and related technologies. Its ability to deliver customized solutions for complex applications sets it apart from competitors in the advanced materials sector. Moreover, the company's long-standing relationships with key customers and its track record of successful research collaborations underscore its reputation as a trusted partner in innovation.
Conclusion
CPS Technologies Corporation is a versatile and innovative player in the advanced materials industry. By focusing on high-performance Al-MMCs and related technologies, the company addresses critical challenges across multiple sectors, from electronics and transportation to defense and renewable energy. Its commitment to technical excellence and customer-centric solutions positions CPS as a valuable contributor to the ongoing transformation of these industries.
CPS Technologies Corp. (NASDAQ: CPSH) has secured its third Phase I Small Business Innovation Research (SBIR) contract from the U.S. Army in 2025. The six-month contract, valued at $250,000, focuses on developing fiber-reinforced aluminum (FRA) components for military vehicles under the Army's Hybrid Electric Powertrain, Power, and Propulsion Systems (HEPPS) initiative.
The project aims to enhance fuel efficiency and extend operational range of military vehicles without increasing size, weight, or power requirements. CPS will apply its net-shape manufacturing techniques to develop FRA components, particularly for bearings in hybrid electric systems. The company became the exclusive global licensor of this patented technology in March 2024, originally developed by Triton Systems.
CPS Technologies Corp. (Nasdaq:CPSH) has rescheduled its fourth quarter 2024 investor conference call to Thursday, March 13, 2025, at 9:00 A.M. (Eastern). The call will feature President and CEO Brian Mackey and CFO Chuck Griffith discussing financial results for the quarter and year ended December 28, 2024.
CPS Technologies is a leader in manufacturing high-performance energy management components supporting economy electrification. Their product portfolio includes:
- Components for electric trains and subway cars
- Wind turbine technology
- Electric and hybrid vehicle components
- Smart electric grid infrastructure
- 5G infrastructure components
- Hermetic packages for Aerospace and Satellite applications
- Lightweight armor products with superior ballistic protection
Interested participants can join the conference call by dialing 1-800-346-2923 with Passcode: 785874.
CPS Technologies Corp (Nasdaq:CPSH) has announced its fourth quarter 2025 investor conference call, scheduled for Thursday March 6, 2025 at 9:00 A.M. (Eastern). The call will feature President and CEO Brian Mackey and CFO Chuck Griffith discussing financial results for the quarter and year ended December 28, 2024.
Investors can join the call by dialing 1-800-346-2923 with Participant Passcode: 785874.
CPS is a leading technology manufacturer specializing in high-performance energy management components for the electrification economy. Their product portfolio includes:
- Components for electric trains and subway cars
- Wind turbine technology
- Hybrid and electric vehicle parts
- Smart electric grid components
- 5G infrastructure elements
- Hermetic packages for Aerospace and Satellite applications
- Lightweight armor products with superior ballistic protection
CPS Technologies (NASDAQ:CPSH) has secured two significant developments: a new Phase I SBIR contract from the U.S. Army and its first commercial order for radiation shielding materials. The Army contract, valued at $250,000 over six months, focuses on optimizing binder jet additive manufacturing for dense refractory tungsten alloys, potentially replacing depleted uranium in military munitions. Texas A&M University will serve as a subcontractor for printing trials.
Additionally, CPS received its first commercial purchase order (under $100,000) for radiation shielding materials development. While modest in size, successful testing could lead to larger follow-on orders. The company expects to fulfill this order in 2025, building on their ongoing Phase II development effort with Department of Energy SBIR funding.
CPS Technologies (NASDAQ:CPSH) has secured two significant developments: First, a new Phase I Small Business Innovative Research (SBIR) contract from the U.S. Army valued at $250,000 for a six-month research project. The project focuses on developing ultra-light, strong ceramic materials for electromagnetic protection in artillery shells.
Second, the company has revised its previously announced 12-month supply agreement with a longstanding customer. The contract value has increased from $12 million to $13.3 million, covering October 2024 through September 2025. The revision includes mutually agreed changes to volumes and pricing.
Additionally, Mechanical Engineer Marinos Blanas becomes the fourth CPS researcher to secure SBIR funding in recent years.
CPS Technologies (NASDAQ:CPSH) has appointed I. James Cavoli to its Board of Directors. Cavoli currently serves as president of Swagelok Company, where he grew the company's market cap by 75% during his tenure. He previously held positions as chief operating officer and vice president at Swagelok, and has extensive experience including roles at Ford Motor Company, Progressive Insurance, and service as a U.S. Army captain.
Cavoli brings expertise in strategy, transformation, growth, and international business, with functional experience in operations, finance, and marketing. Chairman Frank Hughes highlighted that attracting someone of Cavoli's caliber demonstrates CPS's culture of innovation and future growth potential.
CPS Technologies Corp (NASDAQ:CPSH) has announced its participation in the upcoming Investor Summit Microcap Virtual Conference on November 21, 2024. The company will deliver a presentation from 4:00pm to 4:30pm ET and will be available for one-on-one meetings throughout the day.
CPS is a technology and manufacturing leader specializing in high-performance materials solutions. Their products serve critical needs in various applications including electric trains, wind turbines, electric vehicles, Navy ships, 5G infrastructure, and more. The company's portfolio includes hermetic packages for aerospace applications and lightweight armor products offering superior ballistic protection.
CPS Technologies (NASDAQ:CPSH) has secured a $12 million contract from a major multinational semiconductor customer for power module components. The components will be used in high-speed rail, wind turbines, and EV/HEV applications. Deliveries are scheduled over twelve months starting October 2024, representing a significant volume increase compared to the previous four quarters. The agreement, while cancelable by either party, allows for ongoing discussions about future volume and pricing requirements while meeting current production needs.
CPS Technologies (NASDAQ:CPSH) reported Q3 2024 financial results with revenue of $4.2 million, down from $6.3 million in Q3 2023. The company posted a gross margin of -12% compared to 20% in the prior year, and an operating loss of $1.5 million versus a $0.1 million profit. The decline was primarily due to the end of the HybridTech Armor® contract and reduced manufacturing efficiencies. However, CPS secured new contracts including a $12 million award from a semiconductor customer and a $1.1 million Phase II contract from the U.S. Department of Energy. The company expects improved performance in Q4 2024 with its new third shift operations and a book-to-bill ratio of 1.22.
CPS Technologies Corp (Nasdaq:CPSH) has announced its third quarter 2024 investor conference call, scheduled for Thursday October 31, 2024 at 9:00 A.M. (Eastern). Brian Mackey, President and CEO, and Chuck Griffith, Chief Financial Officer, will discuss the company's financial results for the quarter ended September 28, 2024.
CPS is a technology and manufacturing leader specializing in high-performance energy management components for the electrification economy. Their product portfolio includes critical components for electric trains, subway cars, wind turbines, hybrid and electric vehicles, smart electric grid, and 5G infrastructure. The company also produces hermetic packages for Aerospace and Satellite applications, as well as lightweight armor products offering exceptional ballistic protection.
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