Michael Legg

- CPS Technologies Corporation achieved **record revenue of $8.8 million** in Q3 2025, more than doubling the **$4.2 million** from Q3 2024, and reported a **net income of over $200,000**, or **$0.01 per share**, a significant improvement from a net loss in the prior year.  **[0000814676_2216001_0]** **[0000814676_2216001_1]** 
- The company announced a new contract valued at approximately **$15.5 million** for power module components, with deliveries scheduled over a **12-month period** starting October 1, 2025, representing a **16.5% year-over-year increase** in value.  **[0000814676_2216001_0]** **[0000814676_2216001_2]** 
- Following the quarter, CPS Technologies Corporation completed a public offering, raising over **$9.5 million** in net proceeds, which will primarily fund a planned move to a new, larger manufacturing facility with nearly double the usable floor space, anticipated for completion in **calendar year 2026**.  **[0000814676_2216001_1]** 
- The company continues to expand its federally funded research, securing its fifth and sixth contracts in 2025, and is currently executing three Phase II SBIR programs simultaneously.  **[0000814676_2216001_0]** **[0000814676_2216001_3]**

CPS Technologies Corporation Reports Record Q3 2025 Revenue and Secures New $15.5 Million Contract

- CPS Technologies reported **revenue of $8.8 million** for the third quarter ended September 27, 2025, **more than doubling** the $4.2 million from the prior-year period and marking its **third consecutive quarter of record revenue**.  **[814676_ebdda908d6e845fda06892a34d588468_0]** **[814676_ebdda908d6e845fda06892a34d588468_1]** 
- The company achieved an **operating profit of $0.3 million** in Q3 2025, a significant improvement from an operating loss of $(1.5) million in the prior-year period.  **[814676_ebdda908d6e845fda06892a34d588468_0]** **[814676_ebdda908d6e845fda06892a34d588468_1]**  Net income for the quarter was **$0.2 million**, or **$0.01 per diluted share**, compared to a net loss of $(1.0) million, or $(0.07) per diluted share, in the quarter ended September 28, 2024.  **[814676_ebdda908d6e845fda06892a34d588468_1]** 
- After the quarter, CPS announced a **$15.5 million follow-on contract** with a major multinational semiconductor manufacturer, representing a **16.5% year-over-year increase** in business from that customer.  **[814676_ebdda908d6e845fda06892a34d588468_0]** 
- A public offering closed on October 8, 2025, generating **$9.5 million** in net proceeds intended for general corporate purposes, including the **expansion of production capabilities** through a move to a larger facility.  **[814676_ebdda908d6e845fda06892a34d588468_0]**

CPS Technologies Reports Strong Third Quarter 2025 Financial Results

- CPS Technologies Corp. (CPSH) has secured a contract valued at approximately **$15.5 million** with a multinational semiconductor manufacturer.  **[814676_1b3497e422264defa915b80c0eb5453f_0]** 
- The agreement stipulates the delivery of advanced power module components over a **12-month period**, commencing **October 1, 2025**.  **[814676_1b3497e422264defa915b80c0eb5453f_0]** 
- This contract signifies a **16.5% year-over-year increase** in business from the customer, driven by expanded demand for CPS' solutions in high-speed rail, energy, and grid infrastructure.  **[814676_1b3497e422264defa915b80c0eb5453f_0]** 
- President & CEO Brian Mackey stated that this contract supports the company's plan to relocate to a larger production facility, enabled by a recent capital raise.  **[814676_1b3497e422264defa915b80c0eb5453f_0]**

CPS Technologies Finalizes **$15.5 Million** Contract for Power Module Components

- On **October 8, 2025**, CPS Technologies Corp. completed an underwritten public offering, selling an aggregate of **3,450,000 shares** of common stock at a public offering price of **$3.00 per share**, including the full exercise of the overallotment option.  **[814676_0001437749-25-030706_cpsh20251008_8k.htm:1]** 
- The company received net proceeds of approximately **$9.5 million** from the offering.  **[814676_0001437749-25-030706_cpsh20251008_8k.htm:1]** 
- CPS Technologies Corp. intends to use the net proceeds for general corporate purposes, which may include working capital, capital expenditures, and the expansion of production capacity to meet customer demand, potentially through a local move to a larger facility.  **[814676_0001437749-25-030706_cpsh20251008_8k.htm:1]** 
- The company, its directors, and executive officers have agreed to a **90-day lock-up period** following the closing of the offering, during which they will not sell or transfer any common stock without the consent of Roth Capital Partners, LLC.  **[814676_0001437749-25-030706_cpsh20251008_8k.htm:1]**

CPS Technologies Corp. completes public offering of common stock

- CPS Technologies Corp. (NASDAQ: CPSH) announced the closing of its previously announced underwritten public offering of common stock on **October 8, 2025**.  **[814676_4549f5ff2dc148a591f8d2f2c8b0b527_0]** 
- The offering consisted of **3,000,000 shares** of common stock at a public offering price of **$3.00 per share**, and the underwriter fully exercised its over-allotment option for an additional **450,000 shares**.  **[814676_4549f5ff2dc148a591f8d2f2c8b0b527_0]** 
- This offering resulted in approximately **$10.35 million** in gross proceeds for the company, before deducting underwriting discounts, commissions, and offering expenses.  **[814676_4549f5ff2dc148a591f8d2f2c8b0b527_0]** 
- The net proceeds from this offering are intended for **general corporate purposes**, which may include working capital, capital expenditures, and expanding production capacity, potentially through a move to a larger facility.  **[814676_4549f5ff2dc148a591f8d2f2c8b0b527_0]**

CPS Technologies Corp. closes $10.35 million public offering

- CPS Technologies Corp. announced the pricing of an underwritten public offering of **3,000,000 shares** of its common stock at **$3.00 per share**, which is expected to generate approximately **$9.0 million** in gross proceeds.  **[814676_2b1aa29be93f43879dbfdceeb15bcabf_0]** 
- The company has granted the underwriter a 45-day option to purchase up to an additional **450,000 shares** of common stock.  **[814676_2b1aa29be93f43879dbfdceeb15bcabf_0]** 
- The net proceeds from this offering are intended for **general corporate purposes**, which may include working capital, capital expenditures, and the repayment or refinancing of existing indebtedness.  **[814676_2b1aa29be93f43879dbfdceeb15bcabf_0]** 
- The offering is expected to close on or about **October 8, 2025**.  **[814676_2b1aa29be93f43879dbfdceeb15bcabf_0]**

CPS TECHNOLOGIES CORP/DE/ (CPSH)