CPS Technologies Corp
NASDAQ:CPSH
CPS Technologies Corp
CPS Technologies Corp. engages in the provision of advanced material solutions to the transportation, automotive, energy, computing or Internet, telecommunications, aerospace, defense, and oil and gas end markets. The company is headquartered in Norton, Massachusetts and currently employs 90 full-time employees. Its primary material solution is metal matrix composites (MMCs), which is a class of materials consisting of a combination of metals and ceramics. The company designs, manufactures, and sells custom MMC components, which manage the performance and reliability of systems in the end markets. The Company’s products provide baseplates for motor controllers used in electric trains, subway cars, wind turbines, and hybrid and electric vehicles. CPS provides lids and heat spreaders used with integrated circuits in Internet switches and routers. The company provides baseplates and housings used in modules built with bandgapsemiconductors, such as silicon carbide (SiC) and gallium nitride (GaN). Its products are manufactured using processes, including the Quickset Injection Molding Process and the QuickCast Pressure Infiltration Process.
CPS Technologies Corp. engages in the provision of advanced material solutions to the transportation, automotive, energy, computing or Internet, telecommunications, aerospace, defense, and oil and gas end markets. The company is headquartered in Norton, Massachusetts and currently employs 90 full-time employees. Its primary material solution is metal matrix composites (MMCs), which is a class of materials consisting of a combination of metals and ceramics. The company designs, manufactures, and sells custom MMC components, which manage the performance and reliability of systems in the end markets. The Company’s products provide baseplates for motor controllers used in electric trains, subway cars, wind turbines, and hybrid and electric vehicles. CPS provides lids and heat spreaders used with integrated circuits in Internet switches and routers. The company provides baseplates and housings used in modules built with bandgapsemiconductors, such as silicon carbide (SiC) and gallium nitride (GaN). Its products are manufactured using processes, including the Quickset Injection Molding Process and the QuickCast Pressure Infiltration Process.
Record Revenue: CPS achieved a third consecutive quarter of record revenue, reporting $8.8 million for Q3 2025, more than double the prior year and up roughly 9% sequentially.
Profitability Turnaround: The company posted both operating and net profits this quarter, reversing losses from the previous year.
Major New Contract: CPS announced a significant $15.5 million contract for power module components, representing a 16.5% year-over-year increase from a key customer.
Capital Raise: Completed a secondary public offering raising over $9.5 million in net proceeds to fund a move to a larger manufacturing facility.
Facility Expansion: Plans are underway to relocate to a new facility with nearly double the floor space in 2026 to support ongoing demand growth.
Research Contract Wins: CPS executed multiple new federally funded research contracts in Q3, including advanced defense and nuclear energy projects.
Q4 Guidance: Management expects strong Q4 results, but a new record is unlikely due to seasonality and holiday-related plant shutdowns.
