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CPS Technologies Secures Phase II Army STTR Contract to Continue Controlled Fragmentation Warhead Development
Globenewswire· 2025-09-22 20:02
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 ...
ATI and Boeing extend and expand titanium supply long-term agreement
Prnewswire· 2025-07-31 11:32
Core Viewpoint - The extension and expansion of the long-term titanium products agreement between ATI Inc. and Boeing strengthens ATI's position as a leading supplier of high-performance titanium materials for the aerospace industry [1][2]. Group 1: Agreement Details - The agreement supports Boeing's entire range of commercial airplane programs, including both narrowbody and widebody aircraft, with potential for growth [2]. - Under the agreement, ATI will supply a comprehensive portfolio of high-performance titanium materials, including long products (ingots, billets, rectangles, and bars) and flat-rolled products (plate, sheet, and coil) [3]. Group 2: Strategic Importance - The agreement reaffirms ATI's leadership in titanium at a time of increasing aerospace production and demand for differentiated materials, particularly in high-strength titanium alloys and sheet products [3]. - The agreement highlights ATI's critical role in the titanium supply chain and validates its strategic investments in expanding capacity and advancing titanium alloy sheet capabilities [4]. Group 3: Production Capabilities - The agreement includes titanium alloy sheet from ATI's new facility in Pageland, South Carolina, and leverages the strengths of both its Specialty Materials and Specialty Rolled Products businesses [4]. - ATI's materials and components are utilized in virtually every commercial aircraft platform currently in operation [4].
CPS Technologies Announces Second Quarter 2025 Financial Results
GlobeNewswire News Room· 2025-07-30 20:01
NORTON, Mass., July 30, 2025 (GLOBE NEWSWIRE) -- CPS Technologies Corporation (NASDAQ:CPSH) ("CPS" or the "Company") today announced financial results for the fiscal second quarter ended June 28, 2025. Second Quarter Highlights "CPS returned to profitability in the first quarter of 2025 and now, in the second quarter, we have again delivered positive net income and record revenue," said Brian Mackey, President and CEO. "While the outlook remains bright, we're also very focused on bottom line results, which ...