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 Corp. reports company developments tied to its advanced materials manufacturing business, including metal matrix composites, hermetic packaging, power module components and lightweight HybridTech Armor®. News commonly covers quarterly operating results, production rates, customer orders and demand across transportation, energy, electronics, telecommunications, aerospace and defense applications.
Recurring updates also include contracts for aluminum silicon carbide components used in high-speed rail and grid infrastructure, funded defense research involving lighter vehicle materials, production-capacity planning, capital actions and executive leadership changes. The company’s disclosures connect its materials technology to electrification, high-reliability electronics, satellite and avionics markets.
CPS Technologies (NASDAQ: CPSH) announced its intent to conduct an underwritten public offering of common stock on October 6, 2025. The company expects to grant the underwriters a 45-day option to purchase up to an additional 15% of the shares on the same terms. The offering is subject to market and other conditions, and there is no assurance as to completion, size, or terms.
Roth Capital Partners is sole book‑running manager. The common stock will be offered under a shelf registration statement on Form S-3 (File No. 333-282266) that was declared effective October 17, 2024; a preliminary prospectus supplement and prospectus will be filed with the SEC when available.
CPS Technologies (NASDAQ: CPSH) has secured a Phase I Small Business Innovation Research (SBIR) contract from the U.S. Department of Energy's Office of Nuclear Energy. The $125,000 contract, extending through April 2026, represents the company's sixth federal research award of 2025.
The project, led by Principal Investigator Marinos Blanas, aims to develop advanced high-performance impact limiters for safer transportation of spent nuclear fuel and high-level radioactive waste. These components are crucial for absorbing energy during potential accidents during rail transport to federal storage facilities.
This contract strengthens CPS's position in providing innovative materials solutions across various sectors, including electric vehicles, Navy ships, 5G infrastructure, and aerospace applications.
CPS Technologies (NASDAQ:CPSH) has secured a $1.15 million Phase II Small Business Technology Transfer (STTR) contract from the U.S. Army Combat Capabilities Development Command (DEVCOM). The two-year contract focuses on developing a controlled fragmentation tungsten warhead, specifically a 40mm variant, utilizing CPS's proprietary injection molding process.
Led by Principal Investigator Dr. Mark Occhionero, this marks CPS's fifth federally funded project of 2025 and third successful Phase I to Phase II conversion since June 2024. The company will partner with the New Mexico Institute of Mining and Technology's Energetic Materials Research and Testing Center (EMRTC) for testing during Phase II.
CPS Technologies (NASDAQ:CPSH) reported strong financial results for Q2 2025, achieving record revenue of $8.1 million, a significant increase from $5.0 million in the prior year. The company posted a gross margin of 16.5% and operating profit of $0.1 million, compared to losses in Q2 2024.
Key developments include securing their fourth Small Business Innovation Research (SBIR) contract for the Department of Defense and receiving the first order for their innovative AlMax™ material. The company's net income was $0.1 million ($0.01 per diluted share), marking a substantial improvement from the $(0.9) million loss in Q2 2024.
Management expects continued strong revenue in H2 2025 with expanding gross margins and increased profitability.
CPS Technologies Corp. (NASDAQ:CPSH) has announced its second quarter 2025 earnings conference call, scheduled for Thursday, July 31, 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 ended June 28, 2025.
CPS Technologies specializes in high-performance energy management components for electrification, including technology for electric trains, wind turbines, EVs, 5G infrastructure, and aerospace applications. The company also produces lightweight armor products for ballistic protection.
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 Corporation (NASDAQ:CPSH) has announced its participation in the upcoming Sidoti Microcap Virtual Conference on May 21-22, 2025. The company's management will deliver a general presentation on May 21 at 9:15 a.m. Eastern, followed by one-on-one meetings with institutional investors over both days.
CPS Technologies is a leading manufacturer of high-performance materials, focusing on solutions for electric trains, wind turbines, electric vehicles, Navy ships, smart grid infrastructure, and 5G applications. The company specializes in hermetic packages for aerospace applications and lightweight armor products with superior ballistic protection.
The presentation will be webcast live and subsequently available on the company's website.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.