CPS Technologies Announces Phase I SBIR Contract from the U.S. Army
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) ha ottenuto il suo terzo contratto di Fase I per la Ricerca e Innovazione delle Piccole Imprese (SBIR) dall'Esercito degli Stati Uniti nel 2025. Il contratto di sei mesi, del valore di 250.000 dollari, si concentra sullo sviluppo di componenti in alluminio rinforzato con fibra (FRA) per veicoli militari nell'ambito dell'iniziativa Hibrida Elettrica di Trasmissione, Potenza e Propulsione (HEPPS) dell'Esercito.
Il progetto mira a migliorare l'efficienza del carburante e ad estendere l'autonomia operativa dei veicoli militari senza aumentare le dimensioni, il peso o i requisiti di potenza. CPS applicherà le sue tecniche di produzione a forma netta per sviluppare componenti FRA, in particolare per i cuscinetti nei sistemi ibridi elettrici. L'azienda è diventata il licenziatario esclusivo globale di questa tecnologia brevettata nel marzo 2024, originariamente sviluppata da Triton Systems.
CPS Technologies Corp. (NASDAQ: CPSH) ha asegurado su tercer contrato de Fase I para la Investigación e Innovación de Pequeñas Empresas (SBIR) del Ejército de EE. UU. en 2025. El contrato de seis meses, valorado en $250,000, se centra en el desarrollo de componentes de aluminio reforzado con fibra (FRA) para vehículos militares bajo la iniciativa de Tren de Potencia Híbrido Eléctrico, Potencia y Sistemas de Propulsión (HEPPS) del Ejército.
El proyecto tiene como objetivo mejorar la eficiencia del combustible y extender el rango operativo de los vehículos militares sin aumentar el tamaño, el peso o los requisitos de potencia. CPS aplicará sus técnicas de fabricación de forma neta para desarrollar componentes FRA, particularmente para rodamientos en sistemas híbridos eléctricos. La empresa se convirtió en el licenciatario exclusivo global de esta tecnología patentada en marzo de 2024, originalmente desarrollada por Triton Systems.
CPS Technologies Corp. (NASDAQ: CPSH)는 2025년에 미국 육군으로부터 세 번째 1단계 중소기업 혁신 연구(SBIR) 계약을 체결했습니다. 6개월 간의 계약은 $250,000의 가치가 있으며, 육군의 하이브리드 전기 파워트레인, 전력 및 추진 시스템(HEPPS) 이니셔티브에 따라 군용 차량용 섬유 강화 알루미늄(FRA) 부품 개발에 중점을 둡니다.
이 프로젝트는 크기, 무게 또는 전력 요구 사항을 증가시키지 않고 군용 차량의 연료 효율성을 개선하고 작전 범위를 확장하는 것을 목표로 하고 있습니다. CPS는 FRA 부품을 개발하기 위해 순형 제조 기술을 적용할 것이며, 특히 하이브리드 전기 시스템의 베어링에 중점을 둘 것입니다. 이 회사는 2024년 3월에 Triton Systems에 의해 원래 개발된 이 특허 기술의 독점 글로벌 라이센서가 되었습니다.
CPS Technologies Corp. (NASDAQ: CPSH) a obtenu son troisième contrat de Phase I pour la Recherche et l'Innovation des Petites Entreprises (SBIR) de l'Armée américaine en 2025. Le contrat de six mois, d'une valeur de 250 000 $, se concentre sur le développement de composants en aluminium renforcé de fibres (FRA) pour les véhicules militaires dans le cadre de l'initiative de Systèmes de Propulsion, d'Énergie et de Transmission Hybrides Électriques (HEPPS) de l'Armée.
Ce projet vise à améliorer l'efficacité énergétique et à prolonger l'autonomie opérationnelle des véhicules militaires sans augmenter la taille, le poids ou les exigences en matière de puissance. CPS appliquera ses techniques de fabrication en forme nette pour développer des composants FRA, en particulier pour les roulements dans les systèmes hybrides électriques. L'entreprise est devenue le licencié exclusif mondial de cette technologie brevetée en mars 2024, initialement développée par Triton Systems.
CPS Technologies Corp. (NASDAQ: CPSH) hat 2025 seinen dritten Phase-I-Vertrag für die Forschung und Innovation kleiner Unternehmen (SBIR) von der US-Armee erhalten. Der sechsmonatige Vertrag im Wert von 250.000 US-Dollar konzentriert sich auf die Entwicklung von faserverstärkten Aluminium (FRA)-Komponenten für Militärfahrzeuge im Rahmen der Hybrid-Elektro-Antriebs-, Energie- und Antriebssysteme (HEPPS) der Armee.
Das Projekt zielt darauf ab, die Kraftstoffeffizienz zu verbessern und die Einsatzreichweite von Militärfahrzeugen zu verlängern, ohne die Größe, das Gewicht oder die Leistungsanforderungen zu erhöhen. CPS wird seine Verfahren zur netzförmigen Herstellung anwenden, um FRA-Komponenten zu entwickeln, insbesondere für Lager in hybridelektrischen Systemen. Das Unternehmen wurde im März 2024 zum exklusiven globalen Lizenznehmer dieser patentierten Technologie, die ursprünglich von Triton Systems entwickelt wurde.
- Secured third Phase I SBIR contract worth $250,000
- Exclusive global license for FRA technology
- Expanding military sector presence through HEPPS initiative
- Development of innovative wear-resistant components for military vehicles
- None.
Insights
CPS Technologies' new $250,000 Phase I SBIR contract from the U.S. Army represents a strategic advancement in their defense sector positioning. This being their third SBIR contract in 2025 demonstrates meaningful traction with military applications for their advanced materials technology.
The technical significance here centers on their fiber-reinforced aluminum (FRA) technology for military vehicle applications. FRA offers an impressive combination of lightweight properties with superior wear resistance – important for components like bearings in hybrid electric powertrains that experience significant cyclic loading stresses. The ability to reduce weight while improving durability directly addresses the military's objectives to enhance fuel economy without compromising performance.
What's particularly noteworthy is CPS's exclusive global licensing of this patented technology (acquired March 2024), which creates a substantial competitive moat. For a company with a $25M market cap, securing multiple military research contracts provides not just immediate revenue but potential pathways to significantly larger production contracts if the Phase I research proves successful.
While this six-month research program represents modest immediate financial impact, the strategic value extends well beyond the contract amount. The Army's HEPPS initiative targets fleet-wide improvements in fuel efficiency and operational range – representing a substantial long-term market opportunity if CPS's solutions perform as anticipated in real-world military applications.
This SBIR award demonstrates the Army's continued investment in hybrid electric vehicle technology through multiple procurement channels. The contract's strategic importance exceeds its $250,000 value for several reasons. First, it allows CPS to establish deeper relationships within defense procurement channels while demonstrating their capability to deliver advanced materials solutions for military applications.
The Army's HEPPS initiative represents significant long-term opportunities as the military continues modernizing its fleet with hybrid electric technology. By addressing the critical weak points in these systems – specifically bearings subject to heavy wear from cyclic loading – CPS is targeting components that currently limit system longevity and performance.
The procurement pathway here is particularly promising. SBIR programs follow a structured progression: successful Phase I research (6 months) can lead to Phase II contracts (typically $1-1.5M over 2 years) for prototype development, with potential Phase III transitions to production contracts worth substantially more. This represents a derisked pathway to much larger defense contracts.
CPS securing three SBIR awards in 2025 indicates they're successfully navigating the complex defense acquisition process. The exclusive licensing of Triton's FRA technology gives them protected IP in a niche application with demonstrated military interest. For investors, this represents meaningful validation of both their technology and their ability to convert innovations into funded development programs with one of the world's largest potential customers.
Funded to Develop Novel Improvements to Fuel Economy for Military Vehicles
NORTON, Mass., March 05, 2025 (GLOBE NEWSWIRE) -- CPS Technologies Corp. (NASDAQ: CPSH) has been awarded a Phase I Small Business Innovation Research (SBIR) contract by the U.S. Army, its third in 2025. This contract further advances the Army’s Hybrid Electric Powertrain, Power, and Propulsion Systems (HEPPS) initiative, which aims to enhance fuel efficiency and extend the operational range of military vehicles. The HEPPS program seeks to deliver superior performance without increasing size, weight, or power (SWaP) requirements, aligning with the Army's mission to improve vehicle capabilities in a compact, efficient form.
As with other ongoing Phase I programs, this six-month research effort provides CPS Technologies with
FRA’s unique properties make it an ideal material for applications in military vehicles, particularly in hybrid electric systems, where components like bearings are subject to heavy wear from cyclic loading caused by motor actuation and regenerative charging. Bearings made from FRA are expected to significantly reduce wear, thus extending the lifespan of hybrid electric systems while decreasing mass and improving overall fuel economy and system performance.
Originally developed by Triton Systems of Chelmsford, MA, FRA was designed as a lightweight, wear-resistant material with strong potential for a range of applications. In March 2024, CPS Technologies became the exclusive global licensor of this patented technology. The Phase I SBIR research will focus on optimizing the manufacturability and performance of next-generation FRA, facilitating its use in components such as bearings, liners, and similar parts that meet the demanding needs of military applications.
Brian Mackey, CEO of CPS Technologies, commented, “Our partnership with Triton Systems has positioned us to bring FRA technology to the forefront of real-world applications, and we’re thrilled to receive continued support from the U.S. Army’s SBIR program. This contract is an important milestone in our efforts to introduce FRA products into the military sector. The opportunity to contribute to the modernization of the U.S. Army’s vehicle fleet is both exciting and fulfilling, and we look forward to advancing this work in 2025 and beyond.”
Triton’s Executive Vice President, Dr. Anant Singh, noted, “This was exactly the strategic intent behind our partnership with CPS, and we are thrilled to see positive momentum towards military and broader market applications develop so quickly.”
About CPS
CPS is a technology and manufacturing leader in producing high-performance materials solutions for its customers. The company’s products and intellectual property address critical needs in a variety of applications, including electric trains and subway cars, wind turbines, hybrid vehicles, electric vehicles, Navy ships, the smart electric grid, 5G infrastructure and others. CPS hermetic packages can be found in many Aerospace and Satellite applications. CPS’ armor products provide exceptional ballistic protection and environmental durability at very light weight. CPS is committed to innovation and to supporting our customers in building solutions for the transition to clean energy.
About Triton
Triton Systems, (Triton) was founded as a technology and business incubator in 1992. Headquartered in Chelmsford, MA, Triton has grown to a global footprint by taking breakthrough ideas in a broad range of disciplines and creating a series of commercial products and independent spin-offs – represented by over
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Statements made in this document that are not historical facts or which apply prospectively, including those relating to 2025 financial results, are forward-looking statements that involve risks and uncertainties. These forward-looking statements are identified by the use of terms and phrases such as "will," "intends," "believes," "expects," "plans," "anticipates" and similar expressions. Investors should not rely on forward-looking statements because they are subject to a variety of risks and uncertainties and other factors that could cause actual results to differ materially from the company's expectation. Additional information concerning risk factors is contained from time to time in the company's SEC filings, including its Annual Report on Form 10-K and other periodic reports filed with the SEC. Forward-looking statements contained in this press release speak only as of the date of this release. Subsequent events or circumstances occurring after such date may render these statements incomplete or out of date. The company expressly disclaims any obligation to update the information contained in this release.
CPS Technologies Corporation
111 South Worcester Street
Norton, MA 02766
www.cpstechnologysolutions.com
Investor Relations:
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FAQ
What is the value and duration of CPSH's new Army SBIR contract?
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