CPS Technologies Secures Initial Defense Order for Tungsten Components

NORTON, Mass., Aug. 31, 2026 (GLOBE NEWSWIRE) -- CPS Technologies Corp. (NASDAQ: CPSH) today announced that it has received its first product order from a defense-related customer for tungsten alloy components manufactured using the Company’s proprietary QuickSet Injection Molding™ process. The order, placed by a research group supporting the U.S. military, represents the largest contract of its kind received by the Company to date. Additional details cannot be disclosed due to confidentiality provisions. The continued development of the Company’s QuickSet technology is supported through funding from an ongoing Small Business Technology Transfer (STTR) award, previously disclosed, from the U.S. Army Combat Capabilities Development Command (DEVCOM); the $1.15 million Phase II contract, led by Mark Occhionero, PhD, began in 2025 and is scheduled to continue through September 2027.

Following the successful fulfillment of a smaller commercial order earlier in 2026, the Company now expects to complete its first defense-related contract later this year. CPS’ novel manufacturing process enables the production of near-net-shape components with final dimensions and features incorporated directly into the molded product, significantly reducing or eliminating the need for extensive post-production machining.