Sypris Electronics, LLC, a subsidiary of Sypris Solutions, Inc. (Nasdaq: SYPR), has received a contract from an unnamed space technologies company to manufacture power processing units for a next-generation satellite constellation.

Under the agreement, Sypris will handle non-recurring engineering, material procurement, and high-volume manufacturing of the units. Production is scheduled to begin with protoflight and pilot builds in Q3 2026, followed by phased delivery of flight units through mid-2028. Financial terms were not disclosed.

The contract requires Sypris to establish and qualify a high-volume manufacturing capability covering engineering, verification, and flight units. Work includes building production infrastructure, procuring specialized space materials, and performing assembly, integration, and testing.

"We are honored to be entrusted with this award to deliver space-qualified electronics at scale," said Mike Sedgwick, Vice President and General Manager of Sypris Electronics.

Sypris Electronics provides engineering, design, and manufacturing services for applications in communications, defense, and space sectors. The company is based in Tampa, Florida.