CPS Technologies secures phase II army STTR contract to continue controlled fragmentation warhead development

* CPS Technologies (NASDAQ:CPSH [https://seekingalpha.com/symbol/CPSH]) on Monday said it has been awarded a Phase II Small Business Technology Transfer (STTR) contract, funded by the U.S. Army Combat Capabilities Development Command (DEVCOM).
* The two-year contract, valued at $1.15 million, builds on the success of the Phase I program and focuses on the development of a 40mm warhead variant.
* Dr. Mark Occhionero, PhD, will continue as the principal investigator for the project. 
* CPSH +20.0% after hours to $4.38.
* Source: Press Release [https://seekingalpha.com/pr/20240270-cps-technologies-secures-phase-ii-army-sttr-contract-to-continue-controlled-fragmentation]

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