CPS Technologies Announces $12 Million Contract with Semiconductor OEM [Yahoo! Finance]
CPS Technologies Corp. (CPSH)
US:NASDAQ Investor Relations:
alsic.com/investors
Company Research
Source: Yahoo! Finance
the “Company”) today announced that it has received an award, valued at approximately $12 million, from a major, longstanding customer to provide power module components and related solutions. This agreement, though cancelable by either party, enables both parties to continue discussions about future volume and price requirements while near-term production needs are met. Deliveries are scheduled to take place over a twelve-month period starting in the current month, with volumes that represent a significant increase over the prior four quarters. The components will be employed primarily in high-speed rail, wind turbines and EV/HEV applications. The client company is a multinational semiconductor manufacturer based overseas. “We are very pleased by this noteworthy growth in our core business of aluminum silicon carbide products. We will continue to provide these components to a longstanding client with a worldwide clientele in many industrial, electronic, and consumer markets” said B
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CPSH
News
- CPS Technologies Co. (NASDAQ: CPSH) is now covered by analysts at StockNews.com. They set a "hold" rating on the stock.MarketBeat
- CPS Technologies Co. (NASDAQ: CPSH) is now covered by analysts at StockNews.com. They set a "hold" rating on the stock.MarketBeat
- Zacks Initiates Coverage of CPS Technologies With Neutral Recommendation [Yahoo! Finance]Yahoo! Finance
- CPS Technologies Announces the Appointment of James Cavoli to its Board of Directors [Yahoo! Finance]Yahoo! Finance
- CPS Technologies Announces the Appointment of James Cavoli to its Board of DirectorsGlobeNewswire
CPSH
Sec Filings
- 12/19/24 - Form 4
- 12/19/24 - Form 3
- 12/5/24 - Form 8-K
- CPSH's page on the SEC website