CPS Technologies Corporation announced that it has received an award, valued at approximately $7.7 million, from a major, longstanding customer to provide power module components and related solutions. Deliveries will take place over a twelve-month period starting in the fourth quarter of this year, with the contract representing a 50% increase over the prior four quarters. The systems will be employed primarily in high-speed rail, wind turbines and EV/HEV applications, and the client company is a multinational semiconductor manufacturer based overseas.
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05-02 | Transcript : CPS Technologies Corporation, Q1 2024 Earnings Call, May 02, 2024 | |
05-01 | Earnings Flash (CPSH) CPS TECHNOLOGIES Posts Q1 Revenue $5.9M | MT |
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