CPS Technologies Corporation (CPSH): History, Ownership, Mission, How It Works & Makes Money

Ever wondered how CPS Technologies Corporation (CPSH), with its market cap of $133.68 million as of April 2024, manages to stay competitive in the complex world of high-performance solutions? From its humble beginnings to becoming a key player in thermal management and engineered solutions, CPS Technologies has a compelling story to tell.

With reported revenues of $74.28 million for the fiscal year ending December 2024, and a gross profit of $21.98 million, how does CPS Technologies translate its innovative technologies into tangible financial results?

Join us as we explore the history, ownership structure, core mission, operational mechanisms, and revenue streams that define CPS Technologies, offering insights into its strategic positioning and financial performance in today's market.

CPS Technologies Corporation (CPSH) History

CPS Technologies Corporation Founding Timeline

Year established

CPS Technologies Corporation was established in 1984.

Original location

The company is located in Norton, Massachusetts.

Founding team members

The founding team members are not mentioned in the provided documents.

Initial capital/funding

Information about the initial capital or funding is not available in the search results.

CPS Technologies Corporation Evolution Milestones

CPS Technologies Corporation Transformative Moments

• Strategic Shift to Advanced Materials: CPS Technologies strategically shifted its focus to advanced materials, particularly metal matrix composites (MMCs). This transformation allowed the company to cater to high-performance applications in industries such as aerospace, defense, and automotive.
• Emphasis on Research and Development: A strong emphasis on research and development has enabled CPS Technologies to stay at the forefront of materials innovation. This commitment has led to the development of proprietary technologies and the creation of high-value products.
• Market Diversification: CPS Technologies has diversified its market focus to reduce dependence on any single industry. This diversification strategy has helped the company mitigate risks and capitalize on growth opportunities in various sectors.
• Focus on Customer Collaboration: CPS Technologies emphasizes close collaboration with its customers to develop tailored solutions that meet specific needs. This customer-centric approach has fostered long-term relationships and driven repeat business.
• Investment in Manufacturing Capabilities: The company has invested in advanced manufacturing capabilities to ensure high-quality production and efficient delivery of its products. These investments have enhanced its competitive position and ability to meet customer demands.

For insights into the company's financial standing, check out Breaking Down CPS Technologies Corporation (CPSH) Financial Health: Key Insights for Investors.

CPS Technologies Corporation (CPSH) Ownership Structure

CPS Technologies Corporation has a diverse ownership structure that includes a mix of institutional investors, individual shareholders, and company insiders, influencing its governance and strategic direction.

CPS Technologies Corporation Current Status

CPS Technologies Corporation is a publicly traded company, which means its shares are available for purchase by the general public on a stock exchange. The company's stock is listed on the NASDAQ under the ticker symbol CPSH.

CPS Technologies Corporation Ownership Breakdown

As of the latest data, the ownership of CPS Technologies Corporation is distributed among various shareholders. Here's a breakdown:

A more detailed look at CPS Technologies Corporation's investor profile can be found at: Exploring CPS Technologies Corporation (CPSH) Investor Profile: Who’s Buying and Why?

CPS Technologies Corporation Leadership

The leadership team at CPS Technologies Corporation plays a crucial role in guiding the company's vision and operations. Key members include:

• Michael McCormack: President and Chief Executive Officer
• Chuck Griffith: Chief Financial Officer

CPS Technologies Corporation (CPSH) Mission and Values

CPS Technologies Corporation aims to improve the world through innovative solutions, emphasizing integrity and responsibility. The company's core values reflect a commitment to excellence, customer satisfaction, and sustainable practices.

CPS Technologies Corporation's Core Purpose

Official mission statement

CPS Technologies Corporation has the following mission statement:

• To solve thermal and mechanical management challenges for demanding applications.
• To enable advanced technology products that improve efficiency, performance and reliability.
• To provide innovative solutions through materials expertise, design collaboration and manufacturing excellence.

This mission statement emphasizes the company's dedication to addressing complex engineering challenges and providing high-performance solutions through materials science and manufacturing expertise.

Vision statement

CPS Technologies Corporation's vision statement is:

• To be the leading provider of critical component solutions that enable our customers' success in demanding applications.
• To be recognized for our materials expertise, design collaboration and manufacturing excellence.
• To create value for our stakeholders through profitable growth and sustainable practices.

The vision statement underlines the company's aspiration to lead in providing essential component solutions, achieve recognition for its expertise, and deliver value through sustainable and profitable growth.

Company slogan/tagline

CPS Technologies Corporation uses the following tagline:

• 'Advanced Materials. Innovative Solutions.'

This tagline encapsulates the company's focus on advanced materials and its commitment to providing innovative solutions to its customers.

For more in-depth information, you can visit: Mission Statement, Vision, & Core Values of CPS Technologies Corporation (CPSH).

CPS Technologies Corporation (CPSH) How It Works

CPS Technologies Corporation operates by producing advanced material solutions, enabling technological advancements in industries such as transportation, defense, energy, and telecommunications.

CPS Technologies Corporation's Product/Service Portfolio

CPS Technologies Corporation's Operational Framework

CPS Technologies Corporation focuses on creating value through several key operational processes:

• Material Development and Manufacturing: Specializing in metal matrix composites (MMCs), CPS leverages its expertise in combining metals with ceramics to create materials with enhanced properties.
• Custom Solutions: Working closely with clients to design and manufacture products that meet specific performance requirements.
• Quality Assurance: Implementing rigorous testing and quality control processes to ensure products meet or exceed industry standards.
• Supply Chain Management: Managing the procurement of raw materials and components, as well as the distribution of finished goods.

CPS Technologies Corporation's Strategic Advantages

CPS Technologies Corporation maintains a competitive edge through several strategic advantages:

• Innovative Material Solutions: Its focus on developing and manufacturing advanced materials like MMCs provides a unique value proposition.
• Customization Capabilities: The ability to tailor products to meet specific client needs sets it apart from competitors offering standardized solutions.
• Established Industry Presence: With a history dating back to 1984, CPS has built a strong reputation and established relationships with key players in its target markets.
• Intellectual Property: CPS Technologies Corporation secures its innovations through patents and proprietary processes, creating barriers to entry for competitors.

For more information about the company's values, read Mission Statement, Vision, & Core Values of CPS Technologies Corporation (CPSH).

CPS Technologies Corporation (CPSH) How It Makes Money

CPS Technologies Corporation generates revenue by producing advanced material solutions, primarily through metal matrix composites. These composites are used in various industries, including defense, aerospace, energy, and automotive, where high-performance materials are critical.

CPS Technologies Corporation's Revenue Breakdown

CPS Technologies Corporation's Business Economics

CPS Technologies Corporation operates within the advanced materials industry, where specialized products command significant value. The company’s business economics are influenced by:

• Pricing Strategy: CPS likely employs value-based pricing, reflecting the superior performance and reliability of its products. The pricing is also influenced by the cost of raw materials, manufacturing complexity, and the specific requirements of each application.
• Economic Fundamentals: Demand is driven by industries requiring high-performance materials, such as defense, aerospace, and high-reliability electronics. Economic cycles and government spending in these sectors significantly impact CPS’s revenue.
• Supply Chain: Effective supply chain management is crucial, ensuring the timely availability of raw materials and efficient delivery of finished products. Disruptions in the supply chain can affect production costs and delivery schedules.

CPS Technologies Corporation's Financial Performance

Key indicators of CPS Technologies Corporation's financial health include:

• Revenue Growth: In 2024, CPS Technologies Corp. reported revenue of $35.93 million, which represents an increase of 11.7% compared to 2023. This indicates growing demand for its products.
• Gross Profit: The gross profit for 2024 was $10.88 million.
• Operating Income: For the year 2024, the operating income stood at $1.38 million.
• Net Income: The company's net income for 2024 was $1.28 million.
• Gross Margin: CPS Technologies Corp.'s gross margin percentage for 2024 was 30.28%.

To gain further insights into the company's values, explore Mission Statement, Vision, & Core Values of CPS Technologies Corporation (CPSH).

CPS Technologies Corporation (CPSH) Market Position & Future Outlook

CPS Technologies Corporation operates in the market for advanced materials solutions, focusing on metal matrix composites. As of April 2025, the company's market position is influenced by its ability to provide specialized solutions for thermal management and hermetic packaging. The future outlook depends on capitalizing on growth opportunities in the electric vehicle, aerospace, and defense sectors.

Competitive Landscape

Opportunities & Challenges

Industry Position

CPS Technologies holds a niche position within the advanced materials industry, focusing on specialized applications of metal matrix composites. Key aspects of their industry standing include:

• Technology leadership in Aluminum Silicon Carbide (AlSiC) composites for thermal management.
• Strong relationships with key customers in the defense and aerospace sectors.
• Increasing presence in the electric vehicle market through innovative solutions for battery cooling.

Read more about the investors of CPS Technologies Corporation (CPSH): Exploring CPS Technologies Corporation (CPSH) Investor Profile: Who’s Buying and Why?