CPS Technologies receives $29M in AlSiC baseplate orders

CPS Technologies Corporation received sourcing and pricing agreements from key European customers for AlSiC baseplates used in Traction and HEV/EV markets, forecast at more than $29 million over two years. Customer options could increase the value to over $35 million.

“The successful conclusion of negotiations and receipt of two-year sourcing and pricing agreements from our largest AlSiC baseplate customers in Europe are a clear validation of our strategy for the Power Electronics market segment.”globenewswire.com

• 1 source
• globenewswire.comCPS Technologies Corp. Announces $29M in New AlSiC OrdersCPS Technologies Corp.May 17, 2018

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