CPS Technologies Secures $15.5 Million Contract for Advanced Power Components

CPS Technologies Corp. (NASDAQ: CPSH) has finalized a $15.5 million contract with a multinational semiconductor manufacturer, marking a significant expansion in their business relationship. The agreement, which commenced October 1, 2025, covers the delivery of advanced power module components over a 12-month period and represents a 16.5% year-over-year increase in business from this customer.

The components supplied under this contract will be integrated into systems supporting high-speed rail infrastructure as well as energy and grid applications. This expansion reflects growing market demand for CPS's aluminum silicon carbide product line and high-performance, application-specific solutions. The company's President and CEO Brian Mackey noted that this expanded engagement with a globally respected partner underscores rising demand across industrial, energy, and mobility sectors.

Mackey emphasized that CPS remains focused on delivering performance-driven solutions that help customers meet growing needs in electrification, transportation, and energy infrastructure. The contract affirms the company's strategic direction, including plans to relocate to a larger and more efficient production facility enabled by recent capital raising activities. This move positions CPS to better serve the expanding market for advanced power components.

The growing demand for CPS technologies reflects broader industry trends toward electrification and clean energy transition. The company's products address critical needs in applications including electric trains and subway cars, wind turbines, hybrid and electric vehicles, Navy ships, smart electric grid infrastructure, and 5G networks. CPS hermetic packages are also utilized in many aerospace and satellite applications, while their armor products provide exceptional ballistic protection with lightweight durability.

This contract demonstrates the increasing importance of advanced materials in supporting global infrastructure modernization and clean energy initiatives. As industries worldwide accelerate their transition to electrified systems and sustainable energy solutions, companies like CPS Technologies play a crucial role in providing the high-performance components needed to power next-generation technologies. The company's vision focuses on pioneering the next generation of high-performance materials to solve complex engineering challenges, positioning them at the forefront of technological innovation in multiple sectors.