Cps technologies corporation announces navy sbir phase ii award

Norton, mass., june 25, 2024 (globe newswire) -- cps technologies corporation (nasdaq:cpsh) (“cps” or the “company”) today announced that it has been awarded a phase ii sbir contract from the u.s. navy air systems command (navair). with funding of more than $1 million over 30 months, cps will continue its development of novel metal matrix composites (mmcs) for thermal energy storage to address the requirements of navair's advanced anti-radiation guided missile - extended range (aargm-er) program.
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