Welcome to our dedicated page for Cps Technologie news (Ticker: CPSH), a resource for investors and traders seeking the latest updates and insights on Cps Technologie stock.
CPS Technologies Corporation (NASDAQ: CPSH) delivers innovative advanced materials solutions for mission-critical applications in defense, electronics, and renewable energy. This news hub provides investors and industry professionals with comprehensive access to CPSH's official communications and market developments.
Track all essential updates through curated press releases, including earnings reports, product innovations, and strategic partnerships. Our repository features regulatory filings, R&D milestones in metal matrix composites, and operational updates relevant to CPSH's position in thermal management and lightweight material solutions.
Key content categories include quarterly financial results, new contract announcements in defense/electronics sectors, advancements in AlSiC composite applications, and intellectual property developments. The archive serves as a historical reference for analyzing CPSH's growth in advanced manufacturing markets.
Bookmark this page for streamlined monitoring of CPS Technologies' material events. Combine these verified updates with broader market analysis to inform your understanding of the company's evolving role in next-generation materials science.
CPS Technologies reported record revenue of $7.5 million for Q1 2025, marking their best sales quarter ever, up from $5.9 million in Q1 2024. The company returned to profitability with an operating profit of $0.1 million, compared to a loss of $(0.3) million in the prior year.
Key highlights include:
- Gross margin improved to 16.4% from 15.3% year-over-year
- Net income of $0.1 million ($0.01 per share) vs net loss of $(0.1) million in Q1 2024
- Three new Phase I Army SBIR contracts initiated
CEO Brian Mackey noted strong growth across existing product lines, surpassing previous revenue numbers despite completing the aircraft carrier contract. The company's strategy focuses on core offerings and expanding target markets, with ongoing efforts to improve margins in Q2 2025 and beyond.
CPS Technologies (Nasdaq: CPSH) has announced its upcoming first quarter 2025 investor conference call details. The call is scheduled for Thursday, May 1, 2025, at 9:00 A.M. Eastern time.
Key participants in the call will include:
- Brian Mackey - President and CEO
- Chuck Griffith - Chief Financial Officer
During the call, management will discuss the company's financial results for the quarter ended March 29, 2025. Investors and interested parties can join the conference call by dialing 1-844-943-2942 and using the participant passcode: 970717.
CPS Technologies (NASDAQ:CPSH) reported fourth quarter 2024 financial results with revenue of $5.9 million, down from $6.7 million in the prior-year period. The decrease reflects the completion of the HybridTech Armor® contract with Kinetic Protection for the U.S. Navy.
The company reported a gross loss of $0.3 million (-4.6% margin) and a net loss of $1.0 million ($-0.07 per share), compared to prior year's net income of $0.2 million. Revenue increased 40% sequentially from Q3 2024 due to added third shift and increased production capacity.
CPS secured three new Phase I SBIR contracts with the U.S. Army, each valued at $250,000 over six months. The company also announced its first commercial sale of radiation shielding and continues work on a $13.3 million power module contract. Management expressed optimism for 2025, citing improved backlog and increasing demand for core products.
CPS Technologies Corp. (NASDAQ: CPSH) has secured its third Phase I Small Business Innovation Research (SBIR) contract from the U.S. Army in 2025. The six-month contract, valued at $250,000, focuses on developing fiber-reinforced aluminum (FRA) components for military vehicles under the Army's Hybrid Electric Powertrain, Power, and Propulsion Systems (HEPPS) initiative.
The project aims to enhance fuel efficiency and extend operational range of military vehicles without increasing size, weight, or power requirements. CPS will apply its net-shape manufacturing techniques to develop FRA components, particularly for bearings in hybrid electric systems. The company became the exclusive global licensor of this patented technology in March 2024, originally developed by Triton Systems.
CPS Technologies Corp. (Nasdaq:CPSH) has rescheduled its fourth quarter 2024 investor conference call to Thursday, March 13, 2025, at 9:00 A.M. (Eastern). The call will feature President and CEO Brian Mackey and CFO Chuck Griffith discussing financial results for the quarter and year ended December 28, 2024.
CPS Technologies is a leader in manufacturing high-performance energy management components supporting economy electrification. Their product portfolio includes:
- Components for electric trains and subway cars
- Wind turbine technology
- Electric and hybrid vehicle components
- Smart electric grid infrastructure
- 5G infrastructure components
- Hermetic packages for Aerospace and Satellite applications
- Lightweight armor products with superior ballistic protection
Interested participants can join the conference call by dialing 1-800-346-2923 with Passcode: 785874.
CPS Technologies Corp (Nasdaq:CPSH) has announced its fourth quarter 2025 investor conference call, scheduled for Thursday March 6, 2025 at 9:00 A.M. (Eastern). The call will feature President and CEO Brian Mackey and CFO Chuck Griffith discussing financial results for the quarter and year ended December 28, 2024.
Investors can join the call by dialing 1-800-346-2923 with Participant Passcode: 785874.
CPS is a leading technology manufacturer specializing in high-performance energy management components for the electrification economy. Their product portfolio includes:
- Components for electric trains and subway cars
- Wind turbine technology
- Hybrid and electric vehicle parts
- Smart electric grid components
- 5G infrastructure elements
- Hermetic packages for Aerospace and Satellite applications
- Lightweight armor products with superior ballistic protection
CPS Technologies (NASDAQ:CPSH) has secured two significant developments: a new Phase I SBIR contract from the U.S. Army and its first commercial order for radiation shielding materials. The Army contract, valued at $250,000 over six months, focuses on optimizing binder jet additive manufacturing for dense refractory tungsten alloys, potentially replacing depleted uranium in military munitions. Texas A&M University will serve as a subcontractor for printing trials.
Additionally, CPS received its first commercial purchase order (under $100,000) for radiation shielding materials development. While modest in size, successful testing could lead to larger follow-on orders. The company expects to fulfill this order in 2025, building on their ongoing Phase II development effort with Department of Energy SBIR funding.
CPS Technologies (NASDAQ:CPSH) has secured two significant developments: First, a new Phase I Small Business Innovative Research (SBIR) contract from the U.S. Army valued at $250,000 for a six-month research project. The project focuses on developing ultra-light, strong ceramic materials for electromagnetic protection in artillery shells.
Second, the company has revised its previously announced 12-month supply agreement with a longstanding customer. The contract value has increased from $12 million to $13.3 million, covering October 2024 through September 2025. The revision includes mutually agreed changes to volumes and pricing.
Additionally, Mechanical Engineer Marinos Blanas becomes the fourth CPS researcher to secure SBIR funding in recent years.
CPS Technologies (NASDAQ:CPSH) has appointed I. James Cavoli to its Board of Directors. Cavoli currently serves as president of Swagelok Company, where he grew the company's market cap by 75% during his tenure. He previously held positions as chief operating officer and vice president at Swagelok, and has extensive experience including roles at Ford Motor Company, Progressive Insurance, and service as a U.S. Army captain.
Cavoli brings expertise in strategy, transformation, growth, and international business, with functional experience in operations, finance, and marketing. Chairman Frank Hughes highlighted that attracting someone of Cavoli's caliber demonstrates CPS's culture of innovation and future growth potential.
CPS Technologies Corp (NASDAQ:CPSH) has announced its participation in the upcoming Investor Summit Microcap Virtual Conference on November 21, 2024. The company will deliver a presentation from 4:00pm to 4:30pm ET and will be available for one-on-one meetings throughout the day.
CPS is a technology and manufacturing leader specializing in high-performance materials solutions. Their products serve critical needs in various applications including electric trains, wind turbines, electric vehicles, Navy ships, 5G infrastructure, and more. The company's portfolio includes hermetic packages for aerospace applications and lightweight armor products offering superior ballistic protection.
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