UFP Technologies Extends & Expands Key Supply Agreement with Intuitive Surgical Through 2029
UFPT sits 32% above its 52-week low of $178.26.
Summary
UFP Technologies has extended its key supply agreement with Intuitive Surgical through 2029, significantly increasing minimum volumes and adding a new program, indicating strong future demand.
Key Events · M&A and Partnerships · UFPT
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Agreement Extended
The Manufacturing Supply Agreement with strategic medical customer Intuitive Surgical SARL has been extended by two additional years, now running through December 31, 2029.
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Material Volume Increase
The amendment materially increases the annual minimum volumes for the largest program for both 2028 and 2029.
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New Program Added
An additional program has been incorporated into the Amended Supply Agreement, expanding the scope of the partnership.
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Volume-Based Pricing
The agreement now includes volume-based pricing based on certain minimum purchase thresholds and cost-sharing provisions.
Analysis · UFPT · Industrial Applications And Services
This 8-K filing details a significant amendment to UFP Technologies' Manufacturing Supply Agreement with Intuitive Surgical SARL, a strategic medical customer. The extension of the agreement through 2029, coupled with a material increase in annual minimum volumes for a major program and the addition of a new program, signals robust and growing demand for UFP Technologies' products. This strengthens a critical customer relationship and provides enhanced revenue visibility and stability for the company's future operations.
How filings like this one have moved
In the 30 days to Sep 15, 2026, 35.6% of the 1100 measured filings Wiseek scored 8 moved their stock by 5% or more by the next session's close. The median move was -0.43%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, UFPT was trading at $235.00 on NASDAQ in the Industrial Applications And Services sector, with a market capitalization of approximately $1.9B. The 52-week trading range was $178.26 to $275.51. This filing was assessed with positive market sentiment and an importance score of 8 out of 10.