Sypris wins contract to make power units for satellite constellation

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Sypris Wins Award for High-Volume LEO Satellite Program

August 20, 2026 8:30 AM EDT

Scaled Production for Commercial and Government Space Missions

TAMPA, Fla.--(BUSINESS WIRE)-- Sypris Electronics, LLC, a subsidiary of Sypris Solutions, Inc. (Nasdaq/GM: SYPR), announced today that it has received an award from a leading space technologies company to support the non-recurring engineering, material procurement, and high-volume manufacturing of power processing units for a next-generation satellite constellation. Production under the agreement includes protoflight and pilot builds beginning in Q3 2026, followed by phased delivery of flight units through mid-2028. Financial terms were not disclosed.

Under the contract, Sypris... More