CPS is quite happy to be building a significant share to the security of y our both women and men in uniform

CPS is quite happy to be building a significant share to the security of y our both women and men in uniform

NORTON, Mass., Feb. 02, 2021 CPS Technologies Corporation today announced receipt of the purchase order for HybridTech Armor Panels become set up whilst the hit face of advanced ballistic shields to help U.S. Navy CVN course vessels. The shields provide ballistic protection for crew-served tools channels therefore the sailors manning them. The purchase order covers panels to equip all weapons that are crew-served on one aircraft provider.

“CPS is extremely very happy to be making a contribution that is significant the security of y our gents and ladies in uniform. This purchase order could be the culmination of numerous many years of R&D, screening, prototyping and design to make use of the benefits of metal-matrix composites to armor at scale,” said give Bennett, CEO of CPS.

CPS HybridTech Armor Panels are included in a built-in armor system. CPS provides the HybridTech Armor Panels to the partner, Kinetic Protection, situated in Stillwater Minnesota, who assembles the complete armor system which can be then installed regarding the aircraft provider.

Erik Crawford, President of Kinetic Protection, said, “We are pleased become working both utilizing the U.S. Navy and CPS to create this life-saving technology to sailors at ocean. We’ve gotten a $28.7 million IDIQ contract through the Navy to handle the aircraft provider fleet, with a preliminary distribution purchase when it comes to very very very first aircraft carrier.”

CPS HybridTech Armor Panels, included in numerous patents owned by CPS, give you the optimal mix of three key properties: ballistic security, light weight, and, critically essential in this application, ecological durability. The panels usually do not rust or degrade in sodium sunlight or spray. They’ve passed away rigorous army evaluation over a long period – environmental, full-scale surprise and vibration, and considerable ballistic defeat assessment. The armor that is integrated containing HybridTech Armor Panels is modular in the wild letting it be effortlessly configured to particular crew-served tools stations from the aircraft provider.

In 2008 the U.S Navy defined a requirement that is“urgent for the growth of a better armor system for crew-served tools channels to present an elevated degree of warfighter protection, withstand the harsh ocean environment with an extended life period, and offer a typical solution across numerous ship classes with many different integration abilities. The Navy later quantified these demands in a fresh army specification and defined a new defeat test methodology that is ballistic. The CPS HybridTech Armor Panels had been developed as a result for this need, as well as in collaboration with Kinetic Protection, a whole armor system happens to be developed which completely fulfills the specification that is new.

The requirement to protect sailors at crew-served tools channels is certainly not restricted to aircraft companies; the need that is same on a number of other kinds of vessels into the U.S. Navy. Excluding submarines, the U.S. Navy presently possesses fleet of over 400 ships.

About CPS CPS is really a technology and production frontrunner in producing superior power administration elements that facilitate the electrification for the economy. Our items and intellectual home include critical bits of the technology puzzle for electric trains and subway automobiles, wind generators, hybrid cars, electric cars, the smart electric grid, 5G infrastructure as well as others. CPS’ armor items offer exemplary ballistic security and ecological durability at extremely lightweight. CPS is dedicated to innovation and also to supporting our clients in building methods to this planet’s dilemmas.

About Kinetic Protection Kinetic Protection (KP) provides engineering, and manufacturing solutions focused on anti-terror/force protection for the U.S. Department of Defense. Frequently solutions in this room are requirement and program distinct. KP’s diverse team of previous warfighters, material researchers, designers and fabrication experts along with partnerships over the commercial base – have the ability to offer complete lifecycle help to its clients across a variety of platforms, and objective demands.

Secure Harbor Statements built in this document that aren’t historic facts or which apply prospectively, including those relating to 2021 financial outcomes, are forward-looking statements that include risks and uncertainties. These forward-looking statements are identified by way of terms and expressions such as “will,” “intends,” “believes,” “expects,” “plans,” “anticipates” and expressions that are similar. Investors must not depend on ahead statements that are looking they have been susceptible to a selection of dangers and uncertainties along with other facets which could cause real leads to vary payday loans in tennessee materially through the company’s expectation. Extra information concerning danger facets is contained every so often within the company’s SEC filings, including its yearly Report on Form 10-K along with other regular reports filed utilizing the SEC. Forward-looking statements included in this pr release talk just at the time of the date with this launch. Subsequent activities or circumstances occurring after such date may make these statements incomplete or away from date. The organization expressly disclaims any responsibility to update the information found in this launch.

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