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CPS Technologies Posts Y/Y Rise in Q3 Earnings, Eyes Strong '26 Growth
ZACKS· 2025-11-04 18:46
Shares of CPS Technologies Corporation (CPSH) have lost 20.5% since reporting results for the third quarter of 2025. This compares to the S&P 500 index’s 0.6% decline over the same period. Over the past month, the stock has fallen 7.2% against the S&P 500’s 1.9% growth, as investors reacted to the company’s quarterly results and near-term guidance.CPS Technologies reported record third-quarter 2025 revenues of $8.8 million, more than doubling the $4.2 million posted in the year-ago quarter, reflecting robus ...
CPS Technologies Secures Phase II Army STTR Contract to Continue Controlled Fragmentation Warhead Development
Globenewswire· 2025-09-22 20:02
Core Insights - CPS Technologies Corp. has been awarded a Phase II Small Business Technology Transfer (STTR) contract by the U.S. Army Combat Capabilities Development Command, with funding of $1.15 million to develop a controlled fragmentation tungsten warhead, focusing initially on a 40mm variant [1][3] - This contract represents the company's fifth federally funded project in 2025 and its third successful transition from Phase I to Phase II since June 2024 [1] Company Overview - CPS Technologies specializes in high-performance material solutions across various applications, including electric trains, wind turbines, hybrid vehicles, Navy ships, and 5G infrastructure [4] - The company is committed to innovation and aims to pioneer the next generation of high-performance materials to address complex engineering challenges [4] Project Details - Dr. Mark Occhionero will continue as the principal investigator for the project, leveraging CPS's proprietary injection molding process to produce detailed tungsten features, which is a cost-effective alternative to traditional machining [2][3] - The New Mexico Institute of Mining and Technology's Energetic Materials Research and Testing Center will serve as a subcontractor during Phase II, enhancing the project's research and testing capabilities [3]