CPS Technologies Announces MMAP Award
CPS Technologies Corp. (CPSH)
US:NASDAQ Investor Relations:
alsic.com/investors
Company Research
Source: GlobeNewswire
NORTON, Mass., March 04, 2024 (GLOBE NEWSWIRE) -- CPS Technologies Corporation (NASDAQ:CPSH) (“CPS” or the “Company”) today announced it has received an award from the Massachusetts Manufacturing Accelerate Program (“MMAP”) in response to a proposal submitted by the Company in the fourth quarter of 2023. The award, valued at $200,000, will support the purchase of a 5-axis CNC machine and expand the Company’s manufacturing capabilities to better serve its clients. This new capability will build on the Company’s core competencies while enabling CPS to fulfill a new generation of customer requirements and capture additional business. The addition of a 5-axis CNC machine will also allow the Company to complete more work in the Commonwealth of Massachusetts and, more specifically, in-house. With this increased manufacturing capacity, CPS expects to grow its workforce to keep up with demand and train existing and new machinists and technicians to operate and maintain the 5-axis CNC.
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CPSH
News
- CPS Technologies Corporation (NASDAQ:CPSH) Q1 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- CPS Technologies to Participate in Sidoti Microcap Virtual ConferenceGlobeNewswire
- CPS Technologies Corporation Announces First Quarter 2024 Financial Results [Yahoo! Finance]Yahoo! Finance
- CPS Technologies Corporation Announces First Quarter 2024 Financial ResultsGlobeNewswire
- CPS Technologies Co. (NASDAQ: CPSH) is now covered by analysts at StockNews.com. They set a "hold" rating on the stock.MarketBeat
CPSH
Sec Filings
- 5/3/24 - Form 8-K
- 4/29/24 - Form 8-K
- 3/19/24 - Form 4
- CPSH's page on the SEC website