# 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.

- Type: Contract
- Announced: 2018-05-17
- Value: $29.0M
- Status: announced
- Products: AlSiC baseplates
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md), [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [CPS Technologies Corporation](https://endata.com/companies/31931.md)

## Sources

- [globenewswire.com](https://www.globenewswire.com/news-release/2018/05/17/1508421/0/en/cps-technologies-corp-announces-29m-in-new-alsic-orders-from-key-customers.html), 2018-05-17: "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."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.