In response to the energy density and fast activation requirements of small caliber ammunition fuzes for power supplies, this paper designs a piezoelectric stacked physical power supply that can generate electrical energy using the setback acceleration generated at the moment of ammunition firing as a power source. The paper designs the structure of the power supply according to the performance parameters of the selected piezoelectric materials and tests the power generation performance of the power supply using a simulated experimental setup. The experimental results demonstrate that the output voltage of the piezoelectric power supply has a linear relationship with the load. When the piezoelectric power supply charges the capacitor, the voltage across the energy storage capacitor also increases approximately with the increase of load, and the piezoelectric stacked power supply designed in this paper can meet the requirements of small caliber ammunition.