- 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.
Beyond Air Secures Up To $40M Debt Financing
Beyond Air, Inc. (NASDAQ:XAIR) ("Beyond Air" or the "Company"), a commercial stage medical device and biopharmaceutical company focused on developing inhaled nitric oxide (NO) for the treatment of patients with
