- CPS Technologies Corporation (NASDAQ:CPSH) has secured a Phase I Small Business Innovative Research (SBIR) contract from the U.S. Army.
- Phase I of this contract is for $250,000 and will be conducted over six months.
- Under the contract, CPSH will develop lightweight, reconfigurable UH-60 flooring. CPSH will develop a structural armor floor system for the UH-60 fleet that reduces aircraft weight while maximizing mission configuration flexibility.
- The SBIR program allows small businesses to compete their solutions with best-in-class companies and institutions.
- Price Action: CPSH shares are trading lower by 0.68% at $2.89 on the last check Tuesday.
‘India’s JSW Weighs Majority Stake In Teck Coal Unit; JSW Faces Competing Interest From Commodities Giant Glencore; Indian Steel Group Is Eyeing 75% Of Teck’s Coal Business’ – Bloomberg
https://www.bloomberg.com/news/articles/2023-08-17/india-s-jsw-weighs-majority-stake-in-teck-coal-unit#xj4y7vzkg
JSW Steel Ltd. is looking to form a consortium to bid for a majority stake in Teck Resources
