SYPR News & Events

Sypris Technologies announced it has entered into a long-term, sole-source agreement with a global truck OEM to supply critical components for use in the company's automated manual transmission for heavy trucks in North America. The parties expect initial deliveries to begin in 2027. Sypris will be responsible for production and logistics.

Sypris Electronics announced it has secured follow-on contract awards from a leading global provider of subsea cable systems. Under the agreement, Sypris will manufacture and test electronic power supply modules, optical processing units, and branching units for multiple high-reliability subsea communication networks. Production is currently underway and is expected to continue through 2026. Terms of the agreement were not disclosed.

Sypris Technologies announced it has entered into a long-term agreement to supply certain drivetrain components for a leading global truck OEM's new electrified heavy-duty vehicle. Initial deliveries are expected to begin in 2026. Sypris Technologies will serve as the sole North American source for these parts. The company stated the design of the new product was a result of close collaboration, meeting exacting specifications for performance, weight, cost, and durability, and supports the customer's decarbonization objectives.

Sypris Electronics, a subsidiary of Sypris Solutions, announced it has received a follow-on award from a leading U.S. defense contractor to manufacture and test embedded circuit card assemblies supporting cryptographic functions for the U.S. Army's Key Management System. Production is scheduled to begin in 2026, and the company's backlog on this program extends through 2026. Sypris Electronics is a provider of complex, mission-critical electronic solutions for the defense, space, deep sea communications, and industrial sectors.