CPS Technologies Corp. shares rise 3.70% intraday after securing a $1.15 million Phase II Army STTR contract.

Cps Technologies Corp. rose 3.70% intraday, with the company securing a Phase II Small Business Technology Transfer (STTR) contract funded by the U.S. Army Combat Capabilities Development Command (DEVCOM). The two-year contract, worth $1.15 million, supports the development of a controlled fragmentation tungsten warhead, marking the company's fifth new federally funded project of 2025 and its third successful conversion of a Phase I program to Phase II.