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MAXNQ Maxeon Solar Technologies News Story

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Maxeon, Aiko sign patent licensing deal, shares rise

** Shares of solar module maker Maxeon Solar Technologies MAXN.O rise 18.9% to $4.09 in premarket trading

** Co and Shanghai Aiko Solar Energy 600732.SS sign agreement to license MAXN's Back Contact (BC) solar cell and module patents

** Co says Aiko will receive a license to all of MAXN's BC solar cell and module patents outside the U.S., including existing patents and those to be added over the next five years

** As part of the agreement, MAXN agrees to drop all current and potential patent actions against Aiko, while Aiko will withdraw all its efforts to invalidate Maxeon's patents

** In 2025, MAXN was down 67.6%

 (Reporting by Varun Sahay in Bengaluru)

 ((Varun.sahay@thomsonreuters.com))

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