CPS Technologies Corporation (NASDAQ:CPSH) Q4 2023 Earnings Call Transcript

Greg Weaver: Got you. Okay. So historically, it hasn’t got taken off that much because maybe cost and having to machine it down, but you guys think you can reduce the cost by near net to molding it?

Brian Mackey: Yes. And I think some of the hesitation was, well, what’s the supply base, as an OEM, you’re not going to adopt a family of products and incorporate them and go all the way to introduction unless you know that 5, 10 years down the road, your supply base is going to be there. So when we say, well, we’ve been doing this for 39 years, we’re Metal Matrix Composite company, et cetera, et cetera, we’re domestically located, no foreign entanglements, all that kind of good stuff, currently working on different things with the DoD. It satisfies a lot of those questions. So then you’re talking about product capabilities and product introduction, and we’re excited about it.

Operator: [Operator Instructions]. Okay. At this point, there are no other callers in the queue, so I will turn the call back to management for any closing remarks.