CPS TECHNOLOGIES Business Summary

CPS Technologies Corp. (CPSH) generates revenue through the design, manufacture, and sale of advanced metal matrix composite (MMC) components, primarily utilizing its proprietary Aluminum Silicon Carbide (AlSiC) technology. The company operates across several high-growth business segments, including transportation (high-speed rail and subway motor controllers), automotive (electric vehicle power modules), aerospace and defense (radar systems and HybridTech armor), and energy (wind turbines and smart grid infrastructure). Revenue is primarily transaction-based, driven by long-term manufacturing contracts and federally funded research awards such as Small Business Innovation Research (SBIR) grants. CPSH distinguishes itself as a global leader in AlSiC solutions, providing superior thermal management and structural reliability compared to traditional materials. Its primary competitors include Materion Corporation, The Timken Company, Parker-Hannifin, and Mueller Industries, with CPSH occupying a specialized niche as a high-performance materials pioneer for mission-critical electrification and defense applications. Founded in 1984 as Ceramics Process Systems Corporation, the company is currently led by President and CEO Brian Mackey, who joined in 2023 with a background in scaling technology-centric manufacturing firms. The executive team includes Chief Financial Officer Charles K. Griffith, Jr., a veteran finance leader formerly of SPRI Clinical Trials and Vertex, and Vice President of Technology Stephen Kachur, PhD, an expert in ceramic matrix composites and hypersonics from Carnegie Mellon University. The leadership is supported by Vice President of Operations Daniel Barton and Director of Business Development Joe Englin. The Board of Directors is chaired by Francis J. Hughes, Jr. and includes notable long-term members such as former CEO Grant Bennett and James Cavoli, former President of Swagelok. Institutional backing is provided by investors such as Global Value Investment Corp. and Vanguard Fiduciary Trust Co., reflecting a stable governance structure with an average board tenure exceeding 17 years.