CPS Technologies secures Army Technology Transfer contract

CPS Technologies (CPSH) announced the award of a Phase II Small Business Technology Transfer contract, funded by the U.S. Army Combat Capabilities Development Command. Building on the success of the earlier Phase I program, this two-year contract supports the company’s strategic focus on addressing complex customer requirements. With $1.15M in funding, CPS will further its development of a controlled fragmentation tungsten warhead, with an initial focus on a 40mm variant. This new award marks the company’s fifth new federally funded project of 2025 and its third successful conversion of a Phase I program to Phase II since June of 2024.