Actionable Stock Market Trading Newswire. Built for Traders, by Traders.
All news is property of their respective owners.

CPS Technologies Pockets SBIR Contract For Lightweight UH-60 Flooring Development

CPS Technologies Corporation (NASDAQ:CPSH) has secured a Phase I Small Business Innovative Research (SBIR) contract from the U.S. Army. Phase…
byAkanksha Bakshi
April 4, 2023
1 minute read
Total
0
Shares
0
0
0
0
0
0
  • 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.
 
Total
0
Shares
Share 0
Tweet 0
Share 0
Share 0
Share 0
Share 0
Related Posts
Read More

Brady Corporation Earlier Announced It Entered Into An Agreement To Sell Its Premisys Software And Hardware Assets To SGI Matrix For Approximately $8M At Closing, Plus $1M To Be Paid On Twelve- Month Anniversary Of Closing

By Charles Gross
February 27, 8:42 AM
On February 27, 2023, Brady Corporation (the "Company") entered into an agreement to sell its PremiSys® software and hardware assets to SGI Matrix, LLC, an affiliate of ACRE Operating Group, LLC, for approximately $8 million to be paid at time of closing, with an additional $1 million to be paid as deferred purchase price on the twelve-month anniversary of the closing.On February 27, 2023, Brady C

BRC