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CPS Technologies Secures Fourth SBIR Contract of 2025

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CPS Technologies (NASDAQ:CPSH) has secured its fourth Small Business Innovation Research (SBIR) contract of 2025 with the U.S. Navy, valued at $140,000 for six months with an optional $100,000 six-month extension. The Phase I contract focuses on reducing the weight of the Amphibious Combat Vehicle (ACV) for the U.S. Marine Corps.

Additionally, the company announced its first commercial purchase order for AlMax™, their newly licensed Fiber-Reinforced Aluminum (FRA) Composites technology. AlMax™, which offers aluminum density with superior wear resistance and high-temperature strength, represents a significant commercialization milestone for CPS's materials division.

CPS Technologies (NASDAQ:CPSH) ha ottenuto il suo quarto contratto Small Business Innovation Research (SBIR) del 2025 con la Marina degli Stati Uniti, del valore di 140.000 dollari per sei mesi con un'opzione di proroga di sei mesi da 100.000 dollari. Il contratto di Fase I si concentra sulla riduzione del peso del Veicolo da Combattimento Anfibio (ACV) per il Corpo dei Marines degli Stati Uniti.

Inoltre, l'azienda ha annunciato il suo primo ordine di acquisto commerciale per AlMax™, la loro tecnologia di compositi in Alluminio Rinforzato con Fibre (FRA) recentemente concessa in licenza. AlMax™, che combina la densità dell'alluminio con una resistenza superiore all'usura e un'elevata resistenza alle alte temperature, rappresenta un importante traguardo nella commercializzazione per la divisione materiali di CPS.

CPS Technologies (NASDAQ:CPSH) ha asegurado su cuarto contrato Small Business Innovation Research (SBIR) de 2025 con la Marina de los EE. UU., valorado en $140,000 por seis meses con una extensión opcional de $100,000 por seis meses. El contrato de Fase I se centra en reducir el peso del Vehículo de Combate Anfibio (ACV) para el Cuerpo de Marines de EE. UU.

Además, la compañía anunció su primer pedido de compra comercial para AlMax™, su tecnología recientemente licenciada de compuestos de aluminio reforzado con fibra (FRA). AlMax™, que ofrece la densidad del aluminio con una resistencia superior al desgaste y alta resistencia a temperaturas elevadas, representa un hito significativo en la comercialización para la división de materiales de CPS.

CPS Technologies (NASDAQ:CPSH)는 2025년 네 번째 소기업 혁신 연구(SBIR) 계약을 미 해군과 체결했으며, 계약 금액은 6개월간 140,000달러이고 선택적으로 6개월 연장 시 100,000달러가 추가됩니다. 1단계 계약은 미 해병대를 위한 수륙양용 전투 차량(ACV)의 무게 감소에 중점을 두고 있습니다.

또한, 회사는 새로 라이선스 받은 섬유 강화 알루미늄(FRA) 복합재 기술인 AlMax™에 대한 첫 상업 구매 주문을 발표했습니다. AlMax™는 알루미늄의 밀도에 우수한 내마모성과 고온 강도를 제공하며, CPS 소재 부문에 중요한 상업화 이정표를 의미합니다.

CPS Technologies (NASDAQ:CPSH) a obtenu son quatrième contrat Small Business Innovation Research (SBIR) de 2025 avec la Marine américaine, d'une valeur de 140 000 $ pour six mois avec une option de prolongation de six mois pour 100 000 $. Le contrat de phase I vise à réduire le poids du véhicule amphibie de combat (ACV) pour le Corps des Marines des États-Unis.

De plus, la société a annoncé sa première commande commerciale pour AlMax™, leur technologie récemment licenciée de composites en aluminium renforcé par des fibres (FRA). AlMax™, qui offre la densité de l'aluminium avec une résistance supérieure à l'usure et une haute résistance à la température, représente une étape importante dans la commercialisation pour la division matériaux de CPS.

CPS Technologies (NASDAQ:CPSH) hat seinen vierten Small Business Innovation Research (SBIR)-Vertrag für 2025 mit der US Navy gesichert, mit einem Wert von 140.000 USD für sechs Monate und einer optionalen sechsmonatigen Verlängerung für 100.000 USD. Der Phase-I-Vertrag konzentriert sich auf die Gewichtsreduzierung des Amphibious Combat Vehicle (ACV) für das US Marine Corps.

Zusätzlich kündigte das Unternehmen seine erste kommerzielle Bestellung für AlMax™ an, ihre neu lizenzierte Faserverstärkte Aluminium (FRA) Verbundwerkstoff-Technologie. AlMax™, das Aluminiumdichte mit überlegener Verschleißfestigkeit und hoher Temperaturbeständigkeit kombiniert, stellt einen bedeutenden Meilenstein in der Kommerzialisierung der Materialdivision von CPS dar.

Positive
  • Secured fourth SBIR contract in 2025, worth $140,000 with potential $100,000 extension
  • Received first commercial order for AlMax™ materials, marking entry into new market segment
  • Exclusive global license for Fiber-Reinforced Aluminum Composites technology
  • Expanding presence in defense sector with U.S. Navy/Marine Corps contracts
Negative
  • Initial AlMax™ commercial order described as 'modest in size'
  • Significant competition and market risks noted in forward-looking statements

Insights

CPS secures modest Navy SBIR contract and receives first commercial order for new AlMax materials, signaling promising but early-stage business development.

CPS Technologies continues to strengthen its defense partnership through a new $140,000 Small Business Innovation Research (SBIR) contract with the U.S. Navy, marking their fourth such award in 2025. This Phase I contract, which could extend for an additional $100,000, focuses on weight reduction for the Amphibious Combat Vehicle (ACV) platform—a critical capability improvement for Marine Corps operations.

The contract's technical focus aligns perfectly with CPS's materials expertise. Weight reduction in military vehicles creates a cascade of operational benefits: improved fuel efficiency translates to extended range and reduced logistics burden, while enhanced buoyancy improves amphibious capabilities. These improvements directly address the Marine Corps' need for more agile and deployable force projection capabilities.

While the contract value is relatively modest—typical for Phase I SBIR awards—the strategic importance lies in the positioning. If CPS demonstrates viable solutions during this phase, it could lead to significantly larger Phase II and III contracts. More importantly, this represents CPS's deepening relationship with naval defense programs, creating potential for longer-term production contracts.

In parallel, the first commercial order for their AlMax™ materials (Fiber-Reinforced Aluminum Composites) represents the critical transition from development to commercialization. The company became the exclusive global licensee for this technology in 2024, and securing the first purchase order—even described as "modest"—validates market interest. The material's combination of aluminum-like density with superior wear resistance and high-temperature strength addresses critical needs across multiple industries, particularly where weight and durability constraints exist simultaneously.

Together, these developments demonstrate CPS's dual-track approach: maintaining defense sector relationships while commercializing proprietary materials technologies. This balanced strategy helps mitigate the inherent risks of government contracting while building commercial revenue streams.

Receives First Commercial Order for AlMax™ Materials

NORTON, Mass., July 15, 2025 (GLOBE NEWSWIRE) -- CPS Technologies announced today the award of its fourth Small Business Innovation Research (SBIR) contract of the year, continuing its partnership with the U.S. Navy to support next-generation defense solutions. This Phase I SBIR contract focuses on reducing the weight of the Amphibious Combat Vehicle (ACV), a vital transport platform for U.S. Marine Corps operations on both land and sea.

Under the six-month, $140,000 award—with an optional six-month extension worth an additional $100,000—CPS will apply its deep expertise in advanced materials and composite engineering. The goal: to identify and evaluate vehicle components, such as armor, suspensions, and hatches, that can be redesigned with lightweight alternatives to improve fuel efficiency, buoyancy, and operational range.

“This award underscores our growing role in supporting the evolving needs of the Marine Corps and Navy,” said Brian Mackey, President and CEO of CPS Technologies. “With the ACV family now fielded in multiple mission-ready variants, reducing weight without compromising protection or mobility is more critical than ever. We're proud to contribute to technologies that could enhance the vehicle’s performance across a range of demanding environments.”

The project will be led by Matthew Karnick, a CPS Materials Scientist and two-time SBIR award recipient, who brings a strong background in composite innovation and structural optimization.

In parallel, CPS Technologies announced receipt of its first purchase order for AlMax™ materials. In 2024, CPS became the exclusive global licensee of Fiber-Reinforced Aluminum (FRA) Composites. Originally developed by Triton Systems, Inc., the material is now being commercialized by CPS under the AlMax™ brand. Offering the density of aluminum, AlMax™ delivers superior performance, including exceptional wear resistance and greater strength at high temperatures. The AlMax logo is shown below.

AlMax logo

“We see strong interest across multiple markets for the unique performance advantages that AlMax provides,” said Mackey. “This initial order from a domestic manufacturer, while modest in size, signals promising commercial traction. Customer feedback has been highly encouraging, and we believe this is just the beginning of a strong growth trajectory for the product.”

Together, the new SBIR contract and AlMax’s first commercial order mark significant steps forward for CPS Technologies. These achievements underscore the company’s ongoing commitment to innovation in material science and its mission to deliver practical, mission-ready solutions for government and commercial customers alike.

About CPS
CPS is a technology and manufacturing leader in producing high-performance materials solutions for its customers. The company’s products and intellectual property address critical needs in a variety of applications, including electric trains and subway cars, wind turbines, hybrid vehicles, electric vehicles, Navy ships, the smart electric grid, 5G infrastructure and others. CPS hermetic packages can be found in many Aerospace and Satellite applications. CPS’ armor products provide exceptional ballistic protection and environmental durability at very light weight. CPS is committed to innovation and to supporting our customers in building solutions for the transition to clean energy. The Company articulates its Vision as follows: “To pioneer the next generation of high-performance materials and solve the world’s toughest engineering challenges.”

Safe Harbor
Statements made in this document that are not historical facts or which apply prospectively, including those relating to 2025 financial results, are forward-looking statements that involve risks and uncertainties. These forward-looking statements are identified by the use of terms and phrases such as “will,” “intends,” “believes,” “expects,” “plans,” “anticipates” and similar expressions. Investors should not rely on forward looking statements because they are subject to a variety of risks and uncertainties and other factors that could cause actual results to differ materially from the company's expectation. Additional information concerning risk factors is contained from time to time in the company's SEC filings, including its Annual Report on Form 10-K and other periodic reports filed with the SEC. Forward-looking statements contained in this press release speak only as of the date of this release. Subsequent events or circumstances occurring after such date may render these statements incomplete or out of date. The company expressly disclaims any obligation to update the information contained in this release.

CPS Technologies Corporation
111 South Worcester Street
Norton, MA 02766
www.cpstechnologysolutions.com

Investor Relations:
Chris Witty
646-438-9385
cwitty@darrowir.com

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/62dafa66-f374-4180-8ea5-cedf6d9a7e44


FAQ

What is the value of CPS Technologies' (CPSH) new SBIR contract in 2025?

The SBIR contract is valued at $140,000 for six months, with an optional six-month extension worth an additional $100,000.

What is CPS Technologies' AlMax™ material and what are its benefits?

AlMax™ is a Fiber-Reinforced Aluminum (FRA) Composite material that offers aluminum density with superior wear resistance and greater strength at high temperatures. CPS is the exclusive global licensee of this technology.

Who will lead CPSH's new SBIR project for the U.S. Navy?

The project will be led by Matthew Karnick, a CPS Materials Scientist and two-time SBIR award recipient with expertise in composite innovation and structural optimization.

What is the purpose of CPS Technologies' latest SBIR contract with the U.S. Navy?

The contract focuses on reducing the weight of the Amphibious Combat Vehicle (ACV) to improve fuel efficiency, buoyancy, and operational range while maintaining protection and mobility.

How many SBIR contracts has CPS Technologies won in 2025?

This is CPS Technologies' fourth SBIR contract of 2025, continuing their partnership with the U.S. Navy for defense solutions.
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