CPS Technologies Corporation

CPS Technologies Corporation received a purchase order for HybridTech Armor panels to be installed as the strike face of advanced ballistic shields for U.S. Navy CVN class ships. The order covers panels for all crew-served weapons stations on one aircraft carrier.

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.