Group 1 - CPS Technologies Corp. has been awarded a Phase I Small Business Innovative Research (SBIR) contract from the U.S. Army, valued at $250,000, to develop lightweight yet strong ultra-low temperature sintered ceramic materials for electromagnetic protection [1] - The new supply agreement with a longstanding customer has been finalized, increasing the contract value from approximately $12 million to $13.3 million, covering the period from October 2024 through September 2025 [2] - CEO Brian Mackey expressed optimism about the revised agreement and the SBIR win, indicating that 2025 is expected to be a productive year for the company [3] Group 2 - CPS is recognized as a technology and manufacturing leader in high-performance materials solutions, addressing critical needs in various applications such as electric vehicles, wind turbines, and aerospace [3]
CPS Technologies Receives New SBIR Award