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Stock impact report

CPSH Secures $1.15M US Army Contract for Warhead Development [Yahoo! Finance]

CPS Technologies Corp. (CPSH) 
US:NASDAQ Investor Relations: alsic.com/investors
Company Research Source: Yahoo! Finance
Army Combat Capabilities Development Command. The contract, spanning two years, will support the company's ongoing development of a controlled fragmentation tungsten warhead, initially targeting a 40mm variant. Building on Phase I Success This Phase II award represents a successful continuation of work completed under a prior Phase I program. Dr. Mark Occhionero, serving as the principal investigator, will lead the project using CPSH's proprietary injection molding process for tungsten components. This approach offers a cost-effective and precise alternative to traditional machining methods, enhancing the potential for more efficient and accurate warhead designs. CPS will partner with the New Mexico Institute of Mining and Technology's Energetic Materials Research and Testing Center, known for its artillery research and testing expertise. Their collaboration will accelerate research efforts and strengthen the project's technical foundation. Notably, this award marks CPSH's fif Show less Read more
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