CPS Technologies Corporation produces and sells advanced material solutions to the transportation, automotive, energy, computing/internet, telecommunication, aerospace, defense, and oil and gas markets. The company primarily offers metal matrix composites that are a combination of metal and ceramic, such as baseplates for various applications, including motor controllers used in electric trains, subway cars, wind turbines, and hybrid and electric vehicles; baseplates and housings for use in radar, satellite, and avionics applications, as well as in modules built with wide band gap semiconductors; and lids and heatspreaders used with integrated circuits for use in internet switches and routers. It also assembles housings and packages for hybrid circuits. CPS Technologies Corporation primarily sells its products to microelectronics systems companies in the United States, Europe, and Asia. The company was formerly known as Ceramics Process Systems Corporation and changed its name to CPS Technologies Corporation in March 2007. CPS Technologies Corporation was incorporated in 1984 and is headquartered in Norton, Massachusetts.
IPO Year:
Exchange: NASDAQ
Website: alsic.com
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NORTON, Mass., Oct. 29, 2025 (GLOBE NEWSWIRE) -- CPS Technologies Corporation (NASDAQ:CPSH) ("CPS" or the "Company") today announced financial results for the fiscal third quarter ended September 27, 2025. Third Quarter Highlights Revenue of $8.8 million, more than doubling the $4.2 million in revenue from the prior-year period, reflecting continued strong demand for the Company's core product lines; this represents the Company's third consecutive quarter of record revenue.Gross margin of 17.1 percent versus a gross loss in the prior-year period.Operating profit of $0.3 million for the quarter compared to an operating loss of $(1.5) million in the prior-year period.After the quarter, CPS
NORTON, Mass., Oct. 28, 2025 (GLOBE NEWSWIRE) -- CPS Technologies Corp. (NASDAQ:CPSH) ("CPS" or the "Company") today announced it has concluded negotiations on a contract valued at approximately $15.5 million from a longstanding, multinational semiconductor manufacturer. Under the terms of the agreement, CPS will deliver advanced power module components over the 12-month period which began October 1, 2025. The order represents a 16.5% year-over-year increase in business from the customer, reflecting expanded demand for CPS' high-performance, application-specific solutions. The components will be integrated into systems supporting high-speed rail as well as energy and grid infrastructure.
NORTON, Mass., Oct. 27, 2025 (GLOBE NEWSWIRE) -- CPS Technologies Corp. (NASDAQ:CPSH) today released instructions for its third quarter 2025 investor conference call which will be held on Thursday October 30, 2025 at 9:00 A.M. (Eastern). Brian Mackey, President and CEO and Chuck Griffith, Chief Financial Officer will discuss the Company's financial results for the quarter ended September 27, 2025. Those interested in participating in the conference call should dial: 1-844-943-2942 Participant Passcode: 587233 About CPSCPS is a technology and manufacturing leader in producing high-performance energy management components that facilitate the electrification of the economy. Our products an
NORTON, Mass., Oct. 08, 2025 (GLOBE NEWSWIRE) -- CPS Technologies Corp. (NASDAQ:CPSH) ("CPS" or the "Company"), today announced the closing of its previously announced underwritten public offering of 3,000,000 shares of its common stock at a public offering price of $3.00 per share of common stock. In addition, the underwriter has exercised in full the over-allotment option for the sale of an additional 450,000 shares of common stock. Gross proceeds to the Company, before deducting underwriting discounts and commissions and offering expenses, were approximately $10.35 million. The Company intends to use the net proceeds from this offering for general corporate purposes, which may include w
NORTON, Mass., Oct. 07, 2025 (GLOBE NEWSWIRE) -- CPS Technologies Corp. (NASDAQ:CPSH) ("CPS" or the "Company"), today announced the pricing of its previously announced underwritten public offering of 3,000,000 shares of its common stock at a public offering price of $3.00 per share of common stock, for gross proceeds of approximately $9.0 million, before deducting underwriting discounts and commissions and offering expenses. The Company intends to use the net proceeds from this offering for general corporate purposes, which may include working capital, capital expenditures, the repayment or refinancing of existing indebtedness and other investments. Roth Capital Partners is acting as the
NORTON, Mass., Oct. 06, 2025 (GLOBE NEWSWIRE) -- CPS Technologies Corp. (NASDAQ:CPSH) ("CPS" or the "Company"), today announced that it intends to offer shares of its common stock in an underwritten public offering. CPS also expects to grant to the underwriters of the offering a 45-day option to purchase up to an additional 15% of the shares of common stock offered in the underwritten public offering on the same terms and conditions. The offering is subject to market and other conditions, and there can be no assurance as to whether or when the offering may be completed, or as to the actual size or terms of the offering. Roth Capital Partners is acting as the sole book-running manager for
NORTON, Mass., Sept. 29, 2025 (GLOBE NEWSWIRE) -- CPS Technologies Corp. (NASDAQ: CPSH) ("CPS" or the "Company") today announced it has been awarded a Phase I Small Business Innovation Research (SBIR) contract from the Office of Nuclear Energy within the U.S. Department of Energy (DOE). This marks the company's sixth federally funded research award of 2025 and its first new contract with the DOE this year. Marinos Blanas will serve as the Principal Investigator for the program, which is valued at approximately $125,000 and has a period of performance that extends until April of 2026. The project will focus on developing a high-performance, sustainable impact limiter to enhance the safety
NORTON, Mass., Sept. 22, 2025 (GLOBE NEWSWIRE) -- CPS Technologies Corp. (NASDAQ:CPSH) ("CPS" or the "Company") is proud to announce the award of a Phase II Small Business Technology Transfer (STTR) contract, funded by the U.S. Army Combat Capabilities Development Command (DEVCOM). Building on the success of the earlier Phase I program, this two-year contract supports the Company's strategic focus on addressing complex customer requirements. With $1.15 million in funding, CPS will further its development of a controlled fragmentation tungsten warhead, with an initial focus on a 40mm variant. This new award marks the Company's fifth new federally funded project of 2025 and its third success
NORTON, Mass., July 30, 2025 (GLOBE NEWSWIRE) -- CPS Technologies Corporation (NASDAQ:CPSH) ("CPS" or the "Company") today announced financial results for the fiscal second quarter ended June 28, 2025. Second Quarter Highlights Revenue of $8.1 million, versus $5.0 million in the prior-year period, reflecting strong demand for the Company's core product linesGross margin of 16.5 percent versus a gross loss in the prior-year periodOperating profit of $0.1 million for the quarter compared to an operating loss of $(1.3) million in the prior-year periodAfter the quarter, CPS announced its fourth new Small Business Innovation Research (SBIR) contract of the year, affirming the Company's abilit
NORTON, Mass., July 28, 2025 (GLOBE NEWSWIRE) -- CPS Technologies Corp. (NASDAQ:CPSH) today released instructions for its second quarter 2025 investor conference call which will be held on Thursday July 31, 2025 at 9:00 A.M. (Eastern). Brian Mackey, President and CEO and Chuck Griffith, Chief Financial Officer will discuss the Company's financial results for the quarter ended June 28, 2025. Those interested in participating in the conference call should dial: 1-844-943-2942 Participant Passcode: 719117 About CPSCPS is a technology and manufacturing leader in producing high-performance energy management components that facilitate the electrification of the economy. Our products and intel
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4 - CPS TECHNOLOGIES CORP/DE/ (0000814676) (Issuer)
4 - CPS TECHNOLOGIES CORP/DE/ (0000814676) (Issuer)
4 - CPS TECHNOLOGIES CORP/DE/ (0000814676) (Issuer)
4 - CPS TECHNOLOGIES CORP/DE/ (0000814676) (Issuer)
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NORTON, Mass., Dec. 05, 2024 (GLOBE NEWSWIRE) -- CPS Technologies Corp. (NASDAQ:CPSH) ("CPS" or the "Company") today announced the appointment of I. James Cavoli to its Board of Directors. Jim currently serves as president of Swagelok Company, a worldwide manufacturer of fluid system components and engineered assemblies. Jim was appointed chief operating officer of Swagelok Company in 2020 and named president in 2021. During his tenure as president, Jim grew the company's market cap by 75%. Prior to that he served as vice president, distributor support services. In 2010, Jim joined Swagelok Company as director, strategic sales and was named vice president and chief financial officer in 201
NORTON, Mass., July 21, 2023 (GLOBE NEWSWIRE) -- CPS Technologies Corp. (NASDAQ:CPSH) ("CPS" or the "Company") today announced that Brian Mackey, a seasoned professional with over 20 years of executive leadership experience, has been appointed president and chief executive officer of CPS effective August 14, 2023. His selection comes at the conclusion of an exhaustive search for an appropriate individual following Michael McCormack's resignation in April, after which the Company's CFO, Chuck Griffith, has served as acting president. "We are delighted to welcome Brian Mackey as the Company's new president and chief executive officer," said Frank Hughes, chairman of the Company's board of
NORTON, Mass., May 13, 2021 (GLOBE NEWSWIRE) -- CPS Technologies Corporation (NASDAQ:CPSH) today announced that Grant Bennett has decided to retire as president and CEO of the Company effective July 1, 2021. He will continue to serve as a member of the Board of Directors. He will be succeeded as president and chief executive officer by Michael McCormack who is currently the COO. Francis Hughes, Chairman of the Board of Directors, commented, "Grant has served as president and CEO of CPS for the last 29 years, and as a key member of the CPS team for 35 years, having joined the Company within a year of its founding. On behalf of the Board of Directors, shareholders, employees and customers,
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NORTON, Mass., Oct. 27, 2025 (GLOBE NEWSWIRE) -- CPS Technologies Corp. (NASDAQ:CPSH) today released instructions for its third quarter 2025 investor conference call which will be held on Thursday October 30, 2025 at 9:00 A.M. (Eastern). Brian Mackey, President and CEO and Chuck Griffith, Chief Financial Officer will discuss the Company's financial results for the quarter ended September 27, 2025. Those interested in participating in the conference call should dial: 1-844-943-2942 Participant Passcode: 587233 About CPSCPS is a technology and manufacturing leader in producing high-performance energy management components that facilitate the electrification of the economy. Our products an
NORTON, Mass., July 30, 2025 (GLOBE NEWSWIRE) -- CPS Technologies Corporation (NASDAQ:CPSH) ("CPS" or the "Company") today announced financial results for the fiscal second quarter ended June 28, 2025. Second Quarter Highlights Revenue of $8.1 million, versus $5.0 million in the prior-year period, reflecting strong demand for the Company's core product linesGross margin of 16.5 percent versus a gross loss in the prior-year periodOperating profit of $0.1 million for the quarter compared to an operating loss of $(1.3) million in the prior-year periodAfter the quarter, CPS announced its fourth new Small Business Innovation Research (SBIR) contract of the year, affirming the Company's abilit
NORTON, Mass., July 28, 2025 (GLOBE NEWSWIRE) -- CPS Technologies Corp. (NASDAQ:CPSH) today released instructions for its second quarter 2025 investor conference call which will be held on Thursday July 31, 2025 at 9:00 A.M. (Eastern). Brian Mackey, President and CEO and Chuck Griffith, Chief Financial Officer will discuss the Company's financial results for the quarter ended June 28, 2025. Those interested in participating in the conference call should dial: 1-844-943-2942 Participant Passcode: 719117 About CPSCPS is a technology and manufacturing leader in producing high-performance energy management components that facilitate the electrification of the economy. Our products and intel
NORTON, Mass., April 30, 2025 (GLOBE NEWSWIRE) -- CPS Technologies Corporation (NASDAQ:CPSH) ("CPS" or the "Company") today announced financial results for the fiscal first quarter ended March 29, 2025. First Quarter Highlights Revenue of $7.5 million for the first quarter of 2025, reflecting the Company's best sales quarter ever, even without any HybridTech Armor® business, versus $5.9 million in the first quarter of 2024Gross margin of 16.4 percent versus 15.3 percent in the prior-year period, reflecting improved operating leverage tied to higher revenueOperating profit of $0.1 million for the quarter ended March 29, 2025 compared to an operating loss of $(0.3) million in the prior
NORTON, Mass., April 28, 2025 (GLOBE NEWSWIRE) -- CPS Technologies Corp. (NASDAQ:CPSH) today released instructions for its first quarter 2025 investor conference call which will be held on Thursday May 1, 2025 at 9:00 A.M. (Eastern). Brian Mackey, President and CEO and Chuck Griffith, Chief Financial Officer will discuss the Company's financial results for the quarter ended March 29, 2025. Those interested in participating in the conference call should dial: 1-844-943-2942 Participant Passcode: 970717 About CPSCPS is a technology and manufacturing leader in producing high-performance energy management components that facilitate the electrification of the economy. Our products and intell
NORTON, Mass., March 12, 2025 (GLOBE NEWSWIRE) -- CPS Technologies Corporation (NASDAQ:CPSH) ("CPS" or the "Company") today announced financial results for the fiscal fourth quarter ended December 28, 2024. Fourth Quarter Summary Revenue of $5.9 million for the fourth quarter of 2024 versus $6.7 million in the prior-year period, reflecting the previously-announced fulfillment of the Company's HybridTech Armor® contract with Kinetic Protection for the U.S. Navy; revenue rose significantly relative to the third quarter of 2024, due to higher production rates and associated customer shipments. In addition, fourth quarter revenue was slightly higher than first quarter revenue, demonstrating
NORTON, Mass., March 04, 2025 (GLOBE NEWSWIRE) -- CPS Technologies Corp. (NASDAQ:CPSH) today released instructions for its fourth quarter 2024 investor conference call which will be held on Thursday March 13, 2025 at 9:00 A.M. (Eastern). This is a change from the previously announced date. Brian Mackey, President and CEO and Chuck Griffith, Chief Financial Officer will discuss the Company's financial results for the quarter and year ended December 28, 2024. Those interested in participating in the conference call should dial: 1-800-346-2923 Participant Passcode: 785874 About CPSCPS is a technology and manufacturing leader in producing high-performance energy management components that f
NORTON, Mass., March 03, 2025 (GLOBE NEWSWIRE) -- CPS Technologies Corp. (NASDAQ:CPSH) today released instructions for its fourth quarter 2025 investor conference call which will be held on Thursday March 6, 2025 at 9:00 A.M. (Eastern). Brian Mackey, President and CEO and Chuck Griffith, Chief Financial Officer will discuss the Company's financial results for the quarter and year ended December 28, 2024. Those interested in participating in the conference call should dial: 1-800-346-2923 Participant Passcode: 785874 About CPSCPS is a technology and manufacturing leader in producing high-performance energy management components that facilitate the electrification of the economy. Our prod
NORTON, Mass., Oct. 30, 2024 (GLOBE NEWSWIRE) -- CPS Technologies Corporation (NASDAQ:CPSH) ("CPS" or the "Company") today announced financial results for the fiscal third quarter ended September 28, 2024. Third Quarter Summary Revenue of $4.2 million for the third quarter of 2024 versus $6.3 million in the prior-year period, reflecting lower overall shipments due to the previously-announced end of the Company's HybridTech Armor® contract with Kinetic Protection for the U.S. NavyGross margin of (12) percent versus 20 percent in the third quarter of 2023, largely reflecting lower manufacturing efficiencies as well as start-up costs tied to hiring and training of a third shift, the ben
NORTON, Mass., Oct. 28, 2024 (GLOBE NEWSWIRE) -- CPS Technologies Corp. (NASDAQ:CPSH) today released instructions for its third quarter 2024 investor conference call which will be held on Thursday October 31, 2024 at 9:00 A.M. (Eastern). Brian Mackey, President and CEO and Chuck Griffith, Chief Financial Officer will discuss the Company's financial results for the quarter ended September 28, 2024. Those interested in participating in the conference call should dial: 1-844-943-2942 Participant Passcode: 475242 About CPSCPS is a technology and manufacturing leader in producing high-performance energy management components that facilitate the electrification of the economy. Our produ