Joe Schicker

Joe Schicker inquired about CPS Technologies' work with tungsten alloys, specifically their binder jet additive manufacturing process to move away from depleted uranium. He asked about the potential dollar value of this opportunity and whether this process creates a competitive moat for the company.

Answer

Brian Mackey, President and CEO, explained that this work stems from SBIR funding awarded in 2025 for U.S. Army artillery, aiming to replace depleted uranium with cost-effective tungsten using the binder jet approach. He highlighted the positive technical results and the company's strategy to use its intellectual property and manufacturing equipment to develop new technologies, creating a 'protective moat.' Mackey stated that the long-term market potential for this solution, if adopted by the Army for its artillery, would be 'very large,' comparing it to a 'haystack' opportunity for a $32 million revenue company.