Core Insights - CPS Technologies has received its fourth Small Business Innovation Research (SBIR) contract of the year, focusing on reducing the weight of the Amphibious Combat Vehicle (ACV) for the U.S. Marine Corps [1][2][3] - The SBIR contract is valued at $140,000 for six months, with an optional extension worth an additional $100,000, aimed at redesigning vehicle components to enhance fuel efficiency and operational range [2] - CPS Technologies has also received its first commercial order for AlMax™ materials, which are Fiber-Reinforced Aluminum (FRA) Composites, indicating promising commercial traction [4][6] SBIR Contract Details - The contract will leverage CPS's expertise in advanced materials and composite engineering to evaluate components like armor and suspensions for lightweight alternatives [2] - The project is led by a CPS Materials Scientist with a strong background in composite innovation [3] - The focus is on enhancing the performance of the ACV family without compromising protection or mobility [3] AlMax™ Materials - AlMax™ materials offer the density of aluminum with superior performance characteristics, including exceptional wear resistance and high-temperature strength [4] - The initial order for AlMax™ is from a domestic manufacturer, reflecting strong interest across multiple markets [6] - Customer feedback has been positive, suggesting a strong growth trajectory for AlMax™ products [6] Company Overview - CPS Technologies is a leader in high-performance materials solutions, addressing critical needs in various applications, including defense, transportation, and clean energy [7] - The company aims to pioneer the next generation of materials and solve complex engineering challenges [8]

Core Points - Magnera Corporation will be added to the Russell 3000 Index, effective after the U.S. market closes on June 27, 2025 [1] - The Russell 3000 Index represents approximately 98% of investable U.S. equities by market capitalization, including large-cap, mid-cap, small-cap, and some microcap stocks [2] Company Overview - Magnera Corporation serves over 1,000 customers globally, providing a diverse range of material solutions, including components for absorbent hygiene products, protective apparel, wipes, specialty building and construction products, and food and beverage industry products [3] - The company operates across 46 production facilities and is supported by more than 9,000 employees worldwide [3] - With a history of over 160 years, Magnera has consistently adapted to economic challenges, global pandemics, and changing customer needs, focusing on delivering material solutions that help partners thrive [4]