Sypris Electronics announced it has secured follow-on contract awards from a leading global provider of subsea cable systems. Under the agreement, Sypris will manufacture and test electronic power supply modules, optical processing units, and branching units for multiple high-reliability subsea communication networks. Production is currently underway and is expected to continue through 2026. Terms of the agreement were not disclosed.
Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on SYPR: