Core Insights - CPS Technologies Corporation has been awarded a Phase II SBIR contract from the U.S. Navy Air Systems Command (NAVAIR) with funding exceeding $1 million over 30 months to develop metal matrix composites for thermal energy storage [1][5] - The AARGM-ER program aims to suppress or destroy enemy air defenses, focusing on mobile, re-locatable integrated air defense targets, and advanced thermal energy storage is crucial for long-range strike capabilities [3][6] Company Developments - During Phase I, CPS successfully demonstrated the use of aluminum and phase-change materials, including nitinol composites, for compact thermal energy storage devices [2] - The University of North Texas will act as a subcontractor during Phase II, leveraging its expertise in nitinol applications [2] - CPS's MMCs are designed to provide advanced thermal energy storage solutions for various applications, including avionics, weapons, and high-pulse power modules, while being lightweight and dimensionally stable [6] Strategic Importance - The contract represents CPS's first Phase II award since renewing its commitment to the federal government's SBIR/STTR programs, highlighting the company's ability to execute its long-term growth strategy through advanced product development [5] - CPS's products address critical needs across multiple sectors, including electric vehicles, wind turbines, and defense applications, emphasizing its role as a technology and manufacturing leader [6]
CPS Technologies Corporation Announces Navy SBIR Phase II Award