CPS Technologies Awarded Army Phase I SBIR Contract to Advance Additive Manufacturing for Military Munitions
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) ha ottenuto due sviluppi significativi: un nuovo contratto SBIR di Fase I dall'Esercito degli Stati Uniti e il suo primo ordine commerciale per materiali di schermatura dalle radiazioni. Il contratto con l'esercito, del valore di 250.000 dollari per sei mesi, si concentra sull'ottimizzazione della produzione additiva tramite binder jet per leghe di tungsteno refrattario dense, con la possibilità di sostituire l'uranio impoverito nelle munizioni militari. La Texas A&M University fungerà da subappaltatore per le prove di stampa.
Inoltre, CPS ha ricevuto il suo primo ordine di acquisto commerciale (inferiore a 100.000 dollari) per lo sviluppo di materiali di schermatura dalle radiazioni. Sebbene di dimensioni modeste, test di successo potrebbero portare a ordini successivi di dimensioni maggiori. L'azienda prevede di soddisfare questo ordine nel 2025, basandosi sul loro attuale sforzo di sviluppo di Fase II con il finanziamento SBIR del Dipartimento dell'Energia.
CPS Technologies (NASDAQ:CPSH) ha asegurado dos desarrollos significativos: un nuevo contrato SBIR de Fase I del Ejército de EE. UU. y su primer pedido comercial de materiales de blindaje contra radiaciones. El contrato del Ejército, valorado en 250,000 dólares durante seis meses, se centra en la optimización de la fabricación aditiva por jet de aglutinante para aleaciones densas de tungsteno refractario, con el potencial de reemplazar el uranio empobrecido en las municiones militares. La Universidad de Texas A&M actuará como subcontratista para las pruebas de impresión.
Además, CPS recibió su primer pedido de compra comercial (por menos de 100,000 dólares) para el desarrollo de materiales de blindaje contra radiaciones. Aunque modesto en tamaño, las pruebas exitosas podrían llevar a pedidos posteriores más grandes. La empresa espera cumplir con este pedido en 2025, aprovechando su esfuerzo de desarrollo en Fase II con financiación SBIR del Departamento de Energía.
CPS Technologies (NASDAQ:CPSH)는 두 가지 중요한 발전을 확보했습니다: 미국 육군의 새로운 1단계 SBIR 계약과 방사선 차폐 재료에 대한 첫 상업 주문입니다. 육군 계약은 6개월 동안 250,000달러의 가치가 있으며, 밀집 내화 텅스텐 합금을 위한 바인더 제트 적층 제조 최적화에 중점을 두고 있으며, 군수품에서 고갈된 우라늄을 대체할 가능성이 있습니다. 텍사스 A&M 대학교는 인쇄 시험을 위한 하청업체로 활동할 것입니다.
또한 CPS는 방사선 차폐 재료 개발을 위한 첫 상업 구매 주문(100,000달러 미만)을 받았습니다. 규모는 작지만 성공적인 테스트가 더 큰 후속 주문으로 이어질 수 있습니다. 회사는 2025년까지 이 주문을 이행할 것으로 예상하며, 에너지부 SBIR 자금으로 진행 중인 2단계 개발 노력을 기반으로 하고 있습니다.
CPS Technologies (NASDAQ:CPSH) a sécurisé deux développements significatifs : un nouveau contrat SBIR de Phase I de l'Armée américaine et sa première commande commerciale pour des matériaux de protection contre les radiations. Le contrat de l'Armée, d'une valeur de 250 000 dollars sur six mois, se concentre sur l'optimisation de la fabrication additive par jet d'agent liant pour des alliages de tungstène réfractaires denses, remplaçant potentiellement l'uranium appauvri dans les munitions militaires. L'Université Texas A&M servira de sous-traitant pour les essais d'impression.
De plus, CPS a reçu sa première commande d'achat commerciale (inférieure à 100 000 dollars) pour le développement de matériaux de protection contre les radiations. Bien que modeste en taille, des tests réussis pourraient conduire à des commandes de suivi plus importantes. L'entreprise prévoit de remplir cette commande en 2025, s'appuyant sur ses efforts de développement en cours de Phase II avec un financement SBIR du Département de l'Énergie.
CPS Technologies (NASDAQ:CPSH) hat zwei bedeutende Entwicklungen gesichert: einen neuen Phase I SBIR-Vertrag vom US-Militär und seine erste kommerzielle Bestellung für Strahlenschutzmaterialien. Der Vertrag mit dem Militär, der einen Wert von 250.000 USD über sechs Monate hat, konzentriert sich auf die Optimierung der Binder-Jet-Additivfertigung für dichte refraktäre Wolframlegierungen, die möglicherweise das abgereicherte Uran in Militärmunitions ersetzen könnten. Die Texas A&M University wird als Subunternehmer für die Druckversuche fungieren.
Zusätzlich erhielt CPS seine erste kommerzielle Bestellung (unter 100.000 USD) für die Entwicklung von Strahlenschutzmaterialien. Obwohl bescheiden in der Größe, könnten erfolgreiche Tests zu größeren Folgeaufträgen führen. Das Unternehmen erwartet, diese Bestellung im Jahr 2025 zu erfüllen, und baut auf seinen laufenden Entwicklungsanstrengungen der Phase II mit SBIR-Finanzierung des Energieministeriums auf.
- New $250,000 Phase I SBIR contract from U.S. Army
- First commercial order for radiation shielding materials
- Potential for larger follow-on orders if testing successful
- Partnership with Texas A&M University for manufacturing expertise
- Initial commercial order value under $100,000
- Results-dependent future orders not guaranteed
Insights
CPS Technologies' latest announcements represent modest but potentially significant stepping stones in the company's diversification and growth strategy. The $250,000 Phase I SBIR contract from the U.S. Army marks CPSH's second Army research contract this year, focusing on advanced manufacturing techniques for tungsten alloys that could replace depleted uranium in military munitions. While the immediate financial impact is , this positions CPS in a specialized defense materials niche with substantial long-term potential.
Perhaps more strategically important is the company's first commercial order for radiation shielding materials. Though valued at
For a company with a
The key investor consideration is whether these initial contracts can translate into substantial production orders. CPS's ability to deliver on these development projects will be critical in determining if these modest beginnings evolve into meaningful revenue streams that could significantly impact the company's financial trajectory.
These contract awards highlight CPS Technologies' strategic expansion into high-value technical niches where their materials expertise creates competitive advantages. The Army SBIR contract targeting tungsten alloys addresses a significant technical challenge: creating complex-geometry components with materials that traditionally resist such forming methods. Binder jet additive manufacturing represents a potential breakthrough approach, but achieving the necessary density and performance characteristics in tungsten alloys requires overcoming substantial technical hurdles.
The tungsten alloy development is particularly significant as the defense sector seeks alternatives to depleted uranium, which offers exceptional density (
The radiation shielding materials order demonstrates commercial validation for CPS's approach to creating lighter, more effective shielding. Traditional radiation shielding often relies on lead or concrete solutions that are heavy and limiting in application. CPS appears to be developing composite alternatives that maintain protection while reducing weight - a critical advantage for applications in aerospace, medical equipment, and portable nuclear devices.
From a technical perspective, these developments leverage CPS's core expertise in metal-matrix composites and material bonding technologies. The company's experience creating hermetic packages for aerospace applications and armor systems provides relevant manufacturing know-how that can be applied to these new markets.
The technical execution risks remain substantial. Achieving the density, microstructural properties, and performance characteristics required for both applications will demand significant R&D investment beyond these initial contracts. However, if successful, these materials could open substantial new markets where performance requirements justify premium pricing.
Also secures first commercial order for radiation shielding materials
NORTON, Mass., Feb. 27, 2025 (GLOBE NEWSWIRE) -- CPS Technologies Corp. (NASDAQ:CPSH) has been awarded a new Phase I Small Business Innovation Research (SBIR) contract from the U.S. Army, marking its second such contract in 2025. Beginning in early March, CPS will focus on optimizing binder jet additive manufacturing to produce highly dense refractory tungsten alloys with complex geometries. These alloys are designed to replicate the properties of depleted uranium for potential future use in military munitions. The six-month research effort is valued at
In addition, CPS has received its first commercial purchase order for the continued development of radiation shielding materials. This order supports a customer’s advanced development program. Although the order is under
CEO Brian Mackey commented, "We’re thrilled to continue expanding our product portfolio at CPS. The purchase order for our radiation shielding is a testament to the potential of our innovative designs to support advanced development initiatives. Even though we started our Phase II development effort just six months ago, with ongoing SBIR funding from the Department of Energy, this order affirms the market demand for lightweight, effective radiation shielding. Moreover, our latest Phase I SBIR contract represents our second in as many months, both supporting the U.S. Army’s material needs, particularly for advanced munitions. Our commitment to developing new materials that meet demanding market needs continues to bear fruit.”
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.
Safe Harbor
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:
Chris Witty
646-438-9385
cwitty@darrowir.com
FAQ
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