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 The archive serves as a historical reference for analyzing CPSH's growth in advanced manufacturing markets.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 Corporation (NASDAQ:CPSH) announced the resignation of Michael McCormack as president and CEO, effective April 21, 2023. Under McCormack's leadership since July 2021, the company achieved record revenues and operating income, significantly strengthening its product development team. The Board appointed Charles Griffith, the current CFO since 2019, as acting president while a search for a new CEO is conducted. Griffith expressed confidence in continuing momentum, anticipating another record year for 2023. CPS specializes in high-performance energy management components for various applications, including electric vehicles and aerospace.
CPS Technologies Corporation (NASDAQ:CPSH) has secured a Phase I Small Business Innovative Research (SBIR) contract from the U.S. Army to develop lightweight, reconfigurable flooring for the UH-60 fleet. The project involves creating a Ballistic Armor Protection System (BAPS) utilizing their HybridTech Armor® Metal Matrix Composite (MMC) technology, focusing on reducing aircraft weight while enhancing mission flexibility. The contract, valued at $250,000, will span six months. CPS has won four Phase I SBIR contracts in the last year, underscoring its commitment to advanced material solutions in defense and energy sectors.
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