NORTON, Mass., Oct. 28, 2025 (GLOBE NEWSWIRE) — CPS Technologies Corp. (NASDAQ: CPSH) 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. Additional terms were not disclosed.

“We’re very encouraged by the continued momentum in our aluminum silicon carbide product line,” said Brian Mackey, President & CEO of CPS. “This expanded engagement with a globally respected partner underscores the rising demand we’re seeing across the industrial, energy, and mobility sectors. CPS remains focused on delivering performance-driven solutions that help customers meet growing needs, particularly in electrification, transportation, and energy.”

Mackey added, “This latest contract reflects the strength of our customer relationships and CPS’ expanding role in powering next-generation technologies. Orders such as these affirm our plan to relocate to a larger and more efficient production facility, which is enabled by our recent capital raise. We’re excited to build on this momentum and drive further growth in the quarters ahead.

About CPS
CPS is a technology and manufacturing leader in producing high-performance materials solutions for its customers. The company’s products and intellectual property address critical needs in a variety of applications, including electric trains and subway cars, wind turbines, hybrid vehicles, electric vehicles, Navy ships, the smart electric grid, 5G infrastructure and others. CPS hermetic packages can be found in many Aerospace and Satellite applications. CPS’ armor products provide exceptional ballistic protection and environmental durability at very light weight. CPS is committed to innovation and to supporting our customers in building solutions for the transition to clean energy. The Company articulates its Vision as follows: “To pioneer the next generation of high-performance materials and solve the world’s toughest engineering challenges.”

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