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CPS Technologies Secures Phase II Army STTR Contract to Continue Controlled Fragmentation Warhead Development

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CPS Technologies (NASDAQ:CPSH) has secured a $1.15 million Phase II Small Business Technology Transfer (STTR) contract from the U.S. Army Combat Capabilities Development Command (DEVCOM). The two-year contract focuses on developing a controlled fragmentation tungsten warhead, specifically a 40mm variant, utilizing CPS's proprietary injection molding process.

Led by Principal Investigator Dr. Mark Occhionero, this marks CPS's fifth federally funded project of 2025 and third successful Phase I to Phase II conversion since June 2024. The company will partner with the New Mexico Institute of Mining and Technology's Energetic Materials Research and Testing Center (EMRTC) for testing during Phase II.

CPS Technologies (NASDAQ:CPSH) ha ottenuto un contratto da 1,15 milioni di dollari per la Fase II STTR dall'organismo Army Combat Capabilities Development Command (DEVCOM). Il contratto quadriennale si concentra sullo sviluppo di una testata esplosiva in tungsteno a frammentazione controllata, in particolare una variante da 40 mm, impiegando il processo di stampaggio a iniezione proprietario di CPS. Guidata dal Principal Investigator Dr. Mark Occhionero, si tratta del quinto progetto federale finanziato nel 2025 e della terza conversione di successo dalla Fase I alla Fase II dal giugno 2024. L'azienda collaborerà durante la Fase II con il New Mexico Institute of Mining and Technology's Energetic Materials Research and Testing Center (EMRTC) per i test.

CPS Technologies (NASDAQ:CPSH) ha asegurado un contrato de $1,15 millones para la Fase II STTR con el Army Combat Capabilities Development Command (DEVCOM) de EE. UU. El contrato, de dos años, se centra en desarrollar una cabeza explosiva de tungsteno con fragmentación controlada, concretamente una variante de 40 mm, utilizando el proceso de moldeo por inyección patentado por CPS. Liderado por el Investigador Principal Dr. Mark Occhionero, este es el quinto proyecto federado financiado en 2025 y la tercera conversión exitosa de Phase I a Phase II desde junio de 2024. La empresa se asociará con el Energetic Materials Research and Testing Center (EMRTC) del New Mexico Institute of Mining and Technology para las pruebas durante la Fase II.

CPS Technologies(NASDAQ:CPSH)가 미국 육군 전투 능력 개발 사령부(DEVCOM)로부터 Phase II STTR 115만 달러 계약을 체결했다. 2년 계약으로 CPS의 독자적 주입 성형 공정을 활용한 제어된 파편화 텅스탬탄두, 특히 40mm 변형을 개발하는 데 초점을 맞춘다. 주임 연구원 Dr. Mark Occhionero가 이끄는 이 사업은 CPS의 2025년 다섯 번째 연방 자금 지원 프로젝트이자 2024년 6월 이후 I단계에서 II단계로의 세 번째 성공적인 전환이다. 회사는 2상 기간 동안 뉴멕시코 광산기술대학의 Energetic Materials Research and Testing Center(EMRTC)와 협력해 테스트를 진행한다.

CPS Technologies (NASDAQ:CPSH) a obtenu un contrat STTR de Phase II pour petites entreprises d'un montant de 1,15 million de dollars auprès du U.S. Army Combat Capabilities Development Command (DEVCOM). Le contrat, d'une durée de deux ans, vise à développer une ogive en tungstène à fragmentation contrôlée, notamment une variante de 40 mm, en utilisant le procédé de moulage par injection propriétaire de CPS. Sous la direction du chercheur principal Dr. Mark Occhionero, il s'agit du cinquième projet fédéral financé en 2025 et de la troisième conversion réussie de Phase I à Phase II depuis juin 2024. L'entreprise s'associera durant la Phase II au Energetic Materials Research and Testing Center (EMRTC) du New Mexico Institute of Mining and Technology pour les essais.

CPS Technologies (NASDAQ:CPSH) hat einen Vertrag über 1,15 Mio. USD Phase II STTR vom U.S. Army Combat Capabilities Development Command (DEVCOM) gesichert. Der zweijährige Vertrag konzentriert sich auf die Entwicklung einer kontrolliert fragmentierenden Tungsten-Sprengkopf, insbesondere einer 40-mm-Variante, unter Verwendung des firmeneigenen Spritzgießverfahrens von CPS. Unter der Leitung des Principal Investigator Dr. Mark Occhionero markiert dies CPS' fünftes staatlich gefördertes Projekt im Jahr 2025 und die dritte erfolgreiche Umwandlung von Phase I in Phase II seit Juni 2024. Das Unternehmen wird während der Phase II mit dem Energetic Materials Research and Testing Center (EMRTC) des New Mexico Institute of Mining and Technology zusammenarbeiten, um Tests durchzuführen.

حصلت شركة CPS Technologies (ناسداك:CPSH) على عقد قدره 1.15 مليون دولار للمرحلة الثانية من STTR من قيادة التطوير القتالي للهجوم للجيش الأمريكي (DEVCOM). يركّز العقد الذي يمتد لسنتين على تطوير رأس حربي من Tungsten عالي التفتيت بخاصية التحكم، وبالتحديد متغير 40 مم، باستخدام عملية الحقن القالب الملكية الخاصة بـ CPS. بقيادة الباحث الرئيسي الدكتور مارك أوكّينييرو، يعتبر هذا المشروع خامس مشروع ممول اتحاديًا في 2025 وثالث تحويل ناجح من المرحلة I إلى المرحلة II منذ يونيو 2024. ستتعاون الشركة خلال Phase II مع مركز أبحاث واختبار المواد النابلة EMRTC بجامعة نيو مكسيكو في الاختبارات.

CPS Technologies(股票代码:CPSH)已从美国陆军作战能力发展司令部(DEVCOM)获得一份价值 115万美元的第二阶段小型企业技术转让计划(STTR)合同。为期两年的合同专注于开发一种可控碎片化的钨弹头,特别是一种40mm变体,使用CPS的专有注塑工艺。本项目由首席研究员 Mark Occhionero 博士领导,标志着CPS在2025年的第五个联邦资助项目,也是自2024年6月以来自I阶段向II阶段成功转换的第三个项目。公司将在第二阶段与新墨西哥理工学院的 Energetic Materials Research and Testing Center(EMRTC)合作进行测试。

Positive
  • Secured $1.15 million Phase II Army STTR contract
  • Fifth new federally funded project in 2025
  • Third successful Phase I to Phase II conversion since June 2024
  • Partnership with internationally recognized EMRTC for testing
Negative
  • Project success depends on meeting rigorous Army performance standards
  • Results subject to testing validation

Insights

CPS Technologies secured a $1.15M Army Phase II contract for tungsten warheads, expanding their defense portfolio and demonstrating technological validation.

CPS Technologies has secured a $1.15 million Phase II Small Business Technology Transfer (STTR) contract from the U.S. Army Combat Capabilities Development Command to continue development of controlled fragmentation tungsten warheads. This represents a crucial validation of the company's innovative injection molding technology in the defense sector.

The contract's progression from Phase I to Phase II indicates technical merit and feasibility confirmation by the Army. This marks CPS's third successful Phase I to Phase II conversion since June 2024, and their fifth new federally funded project of 2025, showing growing momentum in defense contracting.

The company's proprietary injection molding technology offers significant advantages over traditional machining methods:

  • Enhanced precision in warhead design
  • Improved manufacturing efficiency
  • Cost reduction through automated processes

The partnership with New Mexico Institute of Mining and Technology's Energetic Materials Research and Testing Center adds credibility to the project, bringing artillery research expertise for the rigorous testing requirements.

This contract aligns with CPS's diversification strategy beyond their traditional hermetic packaging and armor products. While the $1.15 million represents a modest revenue boost, the strategic value lies in establishing CPS as a qualified defense supplier in munitions technology, potentially opening larger future contracts if the technology proves successful in field testing.

Leveraging Expertise in Injection Molding to Enhance Munitions Performance

NORTON, Mass., Sept. 22, 2025 (GLOBE NEWSWIRE) -- CPS Technologies Corp. (NASDAQ:CPSH) (“CPS” or the “Company”) is proud to announce the award of a Phase II Small Business Technology Transfer (STTR) contract, funded by the U.S. Army Combat Capabilities Development Command (DEVCOM). Building on the success of the earlier Phase I program, this two-year contract supports the Company’s strategic focus on addressing complex customer requirements. With $1.15 million in funding, CPS will further its development of a controlled fragmentation tungsten warhead, with an initial focus on a 40mm variant. This new award marks the Company’s fifth new federally funded project of 2025 and its third successful conversion of a Phase I program to Phase II since June of 2024.

Dr. Mark Occhionero, PhD, will continue as the principal investigator for this project. CPS Technologies' proprietary injection molding process, which enables the production of highly detailed tungsten features, is critical to this effort. This innovative manufacturing approach provides a cost-effective alternative to traditional labor-intensive machining, offering improved precision in warhead design and functionality.

"We are thrilled to advance this work in support of the U.S. military’s requirements," said Brian Mackey, President & CEO of CPS Technologies. "The initial Phase I effort delivered very promising results under Dr. Occhionero’s guidance. With this contract, the prototypes we develop will undergo rigorous testing to meet the Army’s demanding performance standards."

Mackey further emphasized the importance of Dr. Occhionero’s contributions: "Mark Occhionero’s nearly 40-year tenure with CPS is a testament to his deep expertise. Among his many contributions, he has been instrumental in guiding the continued development of our injection molding process, which over the years has resulted in literally millions of successful product shipments. Now, his innovative application of this core technology can address challenging defense requirements.”

The New Mexico Institute of Mining and Technology, Energetic Materials Research and Testing Center (“EMRTC”) will partner with CPS as a subcontractor during Phase II. EMRTC is an internationally recognized research and training center committed to artillery research and testing.

About CPS
CPS is a technology and manufacturing leader specializing in delivering high-performance material 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. The Company articulates its Vision as follows: “To pioneer the next generation of high-performance materials and solve the world’s toughest engineering challenges.”

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

What is the value of CPS Technologies' (CPSH) new Army contract?

CPS Technologies secured a $1.15 million Phase II STTR contract from the U.S. Army DEVCOM for controlled fragmentation warhead development.

What technology is CPS Technologies (CPSH) using for the Army warhead project?

CPS is utilizing its proprietary injection molding process for tungsten features, offering a cost-effective alternative to traditional machining with improved precision.

Who is leading the CPS Technologies (CPSH) Army warhead development project?

Dr. Mark Occhionero, a 40-year veteran of CPS Technologies, serves as the principal investigator for the project.

How many federal projects has CPS Technologies (CPSH) secured in 2025?

This is CPS Technologies' fifth new federally funded project of 2025, and their third successful Phase I to Phase II conversion since June 2024.

Who is CPS Technologies' (CPSH) testing partner for the Army warhead project?

The New Mexico Institute of Mining and Technology's Energetic Materials Research and Testing Center (EMRTC), an internationally recognized research center, will partner with CPS for testing during Phase II.
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