UFP Technologies amends Intuitive Surgical supply pact, extends term to 2029
UFP Technologies and customer Intuitive Surgical signed Amendment No. 27 to their manufacturing supply agreement on February 19, 2026, effective January 1, 2026. The amendment extends the agreement by two years through December 31, 2029, raises annual minimum volumes for the largest program in 2028 and 2029, and adds a new program, which points to a longer and larger commitment from a key medical customer.
Key points
- Amendment No. 27 signed February 19, 2026 and effective January 1, 2026
- Agreement term extended two years, through December 31, 2029
- Annual minimum volumes for the largest program increased for 2028 and 2029; an additional program added
- Volume-based pricing and cost-sharing provisions added; dollar amounts not disclosed in the filing
The filing
Written by AI on Nov 8, 2026, 6:56 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on February 24, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.