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Sypris Solutions, Inc. reports developments across two operating segments: Sypris Electronics and Sypris Technologies. Sypris Electronics provides engineering and manufacturing services for high-reliability electronic assemblies used in defense, space, communications and industrial applications, including electronic warfare, missile and aircraft avionics, secure communications, military radar and subsea fiber optic data networks.
Company news also covers Sypris Technologies supply agreements for forged, machined, welded and heat-treated components used in heavy commercial vehicles, drivetrain systems, all-terrain vehicles, off-highway markets and high-pressure energy pipeline applications. Recurring updates include quarterly results, orders and backlog, long-term customer awards, supply-chain conditions, tariffs and transportation-market demand.
Sypris Solutions (Nasdaq: SYPR), through its subsidiary Sypris Electronics, announced a follow-on contract to supply advanced electronic power supply modules for a classified, mission-critical missile program. The award extends Sypris’ long-standing role supporting the system’s avionics suite as a trusted provider of high-reliability defense electronics. Deliveries under the new contract are scheduled to begin in early 2027, while financial terms were not disclosed. According to Sypris, the contract underscores the importance of its manufacturing capabilities to U.S. efforts to accelerate and expand munitions production. The company highlights over 60 years of experience providing mission-critical electronic solutions across defense, communications and space markets.
Sypris Solutions (Nasdaq: SYPR), through its subsidiary Sypris Electronics, announced an award from a leading space technologies company to provide non-recurring engineering, material procurement, and high-volume manufacturing of power processing units for a next-generation LEO satellite constellation. Protoflight and pilot builds are scheduled to begin in Q3 2026, with phased delivery of flight units planned through mid-2028. Financial terms were not disclosed.
Under the contract, Sypris will establish and qualify a high-volume manufacturing capability for complex electronic power assemblies, including production infrastructure, specialized space-grade materials, and full assembly, integration and testing. The units are intended to support high-reliability commercial and government space missions that require precise power regulation and control in demanding, long-duration orbital environments.
Sypris Solutions (Nasdaq: SYPR) reported second quarter 2026 revenue of $30.3 million, down from $31.4 million a year earlier, with a net loss of $3.1 million or $0.14 per share versus a $2.1 million loss, or $0.09 per share, in 2025. Results included $2.1 million of abnormally high costs related to healthcare, unabsorbed overhead, FX variances, scrap and excess and obsolete inventory.
Orders rose 25% sequentially, led by a 54% bookings increase at Sypris Electronics for satellite, deep space and subsea fiber-optic systems, and a 12% year-over-year increase in energy product orders for the first half. Sypris Technologies revenue grew 5.6% year over year and 19.9% sequentially, with gross profit up 28% year over year and margins improving to 18.5%. Sypris Electronics revenue declined to $15.5 million from $17.3 million, with a gross loss of $0.8 million after $0.7 million of excess and obsolete inventory charges and material availability issues.
Sypris Solutions (Nasdaq: SYPR) reported Q1 2026 revenue of $25.8 million, down from $29.5 million, and a net loss of $4.1 million ($0.18/share) versus a $0.9 million loss.
Sypris Electronics and energy product orders rose sharply, and new long-term, sole-source contracts and NASA-related work extend visibility into 2027 despite material and cost headwinds.
Sypris (NASDAQ:SYPR) reported Q4 2025 revenue of $30.3M and a net loss of $3.9M (loss $0.17/share); full-year 2025 revenue was $119.9M with a net loss of $6.3M (loss $0.28/share).
Sypris Electronics revenue rose 27.6% to $17.7M and YTD orders increased 58%; Sypris Technologies revenue fell to $12.5M amid tariff and demand weakness. Company expects supply-chain improvements and stronger Electronics demand through 2026.
Sypris (Nasdaq: SYPR) announced a renewal of a long-term supply agreement by its Sypris Technologies Mexico subsidiary to provide drivetrain components for a leading global manufacturer serving North American heavy truck and ATV markets.
The company said the customer relationship now exceeds 25 continuous years; commercial terms were not disclosed. Industry forecasts cited a 3.5% increase in North American heavy truck production for 2026 and a 9.0% CAGR from 2025–2030 according to ACT Research.
Sypris (Nasdaq:SYPR) said it signed a long-term, sole-source agreement with a global truck OEM to supply critical components for the OEM’s proprietary advanced automated manual transmission (AMT) used in heavy trucks in North America. Initial deliveries are expected to begin in 2027, with production and logistics managed by Sypris and shipments planned to U.S. and Mexico assembly locations. The AMT is described as electronically controlling clutch and shifting to improve efficiency and performance. Sypris highlighted this award as support for the OEM’s North American reshoring strategy and an expansion of its services to include logistics as well as manufacturing.
Sypris Solutions (Nasdaq: SYPR) said its subsidiary Sypris Electronics won an expanded follow-on award from a U.S. aerospace and defense contractor to produce and test circuit card assemblies for NASA Orion spacecraft supporting the Artemis program.
Production is scheduled to begin in 2026, and the company says its program backlog now extends through 2027. The assemblies will support space-grade sensor systems for navigation, altitude determination, environmental monitoring and crew safety. Financial terms were not disclosed.
Sypris (Nasdaq: SYPR) reported third quarter results for the period ended September 28, 2025, with Q3 revenue of $28.7M versus $35.7M a year earlier and Q3 net income $0.5M ($0.02 diluted) versus $0.4M prior-year.
Year-to-date orders for Sypris Electronics rose 65%, backlog increased 14% from year-end 2024 and backlog for energy products rose 59%. The company completed a sale-leaseback generating net proceeds of $2.9M and recognized a $2.5M gain. Management cited tariff-driven demand weakness in transportation markets and ongoing supply-chain pressures, while noting follow-on awards and multi-year programs through 2026.
Sypris Electronics (NASDAQ:SYPR), a subsidiary of Sypris Solutions, has secured a follow-on contract for manufacturing and testing advanced electronic power supply modules for a classified missile program's avionics suite. Production is set to begin in 2026.
The company, with over 50 years of experience, specializes in complex, mission-critical electronic solutions for Defense, Space, Deep Sea Communications, and Industrial markets. The contract reinforces Sypris's position in the advanced missile avionics market, though specific terms were not disclosed.