Hypres Inc.

Hypres Inc., based in Elmsford, New York, manufactures cryogenic, superconducting, and quantum-enhanced RF components and integrated receiver systems for defense research and development as a prime contractor (99% of recent awards) under total small business set-asides. The company competes predominantly in small-business-reserved SBIR and STTR phases and full-and-open defense R&D procurements, with minimal subcontract footprint.

Hypres' capability portfolio centers on superconducting digital converters, cryogenic receiver inserts and modules, ultra-wideband receivers, quantum-enhanced RF components, and time-to-digital converter readout systems for sensing arrays. Representative prime work includes a $3.08 million STTR Phase III cost-plus-fixed-fee contract awarded by the Navy in September 2023 for integrated cryogenic experimental receiver (ICER) modules and digital converters, with completion scheduled for September 2026; a $1.99 million SBIR Phase II definitive contract from the Department of the Army in March 2026 for quantum-enhanced RF component development under Topic A244-012, firm fixed price with a March 2028 completion date; a $500,000 cost-plus-fixed-fee DARPA Microsystems Technology Office seedling contract awarded in April 2023 for ultra-wideband receiver development; and an Office of Science grant awarded in February 2025 for a superconductor time-to-digital converter supporting superconducting nanowire single-photon detector (SNSPD) array readout with 2.5-picosecond time-of-arrival resolution, completing in May 2026.

Customer concentration heavily favors the Navy. The top five customer organizations account for 62% of awards by count and 87% of combined potential value, split between the Department of the Navy Information Warfare Systems Command (14 awards, $77.9 million combined potential value), the Secretary of the Navy Office of Naval Research (57 awards, $46.1 million), the Office of the Secretary of Defense (5 awards, $10.7 million), the Department of the Army (19 awards, $9.3 million), and the Department of the Army Materiel Command Army Contracting Command at Aberdeen Proving Ground (16 awards, $8.6 million). Hypres also serves the Air Force (30 awards), NASA (28 awards), and 29 other agencies. The Navy's dominance in both volume and dollars reflects Hypres' specialization in receiver and digital converter technologies critical to naval electronics.

Hypres holds positions on multiple Navy indefinite-delivery contracts — including IDC N0001487C0097 (8 task orders), N0001487C0229 (3 task orders) — and on the Cryogenic Radio Frequency Excision System vehicle (6 task orders, $8.6 million combined potential value). The top NAICS codes are research and development in the physical and engineering sciences (75 awards) and instrument manufacturing for electrical measurement (9 awards); the top PSC codes span R&D-Defense Other (Basic, Applied, and Advanced Research phases) and R&D-Defense System Electronics/Communication Equipment. Obligated dollars total $147.1 million across 339 awards spanning from 1984 to March 2026, with $176.5 million in combined potential value. Recent activity has trended sparse (one award in 2024, three in 2025, one in 2026), and only two awards face completion within the next twenty-four months ($5.1 million combined potential value). Hypres subcontracts minimally — two recent subs under HX5 LLC and General Dynamics Global Force, LLC for test equipment and JEACO product support — reflecting its posture as a prime-focused R&D vendor.