CPS Technologies awarded second Phase II SBIR contract

CPS Technologies has been awarded its second Phase II SBIR contract this year. This award, from the U.S. Department of Energy, will provide funding of $1.1 million over 24 months for CPS to continue its development effort for “Modular Radiation Shielding for Transportation and Use of Microreactors.” The Company’s Phase II effort will again be led by materials scientist Matthew Karnick, who served as the principal investigator during the successful Phase I project.