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/C O R R E C T I O N -- Maxeon Solar Technologies, Ltd./

MWN-AI** Summary

Maxeon Solar Technologies, Ltd. (NASDAQ: MAXN) and Shanghai AIKO Solar Energy Co., Ltd. have announced a significant patent licensing agreement, which comes as a noteworthy development in the solar energy sector. The agreement, disclosed on February 6, 2026, allows AIKO to secure licenses for all of Maxeon's Back Contact (BC) solar cell and module patents outside the United States. This includes both existing patents and new patents that may emerge over the next five years.

As part of this arrangement, Maxeon has agreed to withdraw all current and potential patent enforcement actions against AIKO, while AIKO will similarly cease its invalidation campaigns against Maxeon's intellectual property. This mutual concession illustrates both companies' commitment to respecting intellectual property rights, which is crucial for fostering innovation in the competitive solar market.

Maxeon Solar Technologies, headquartered in Singapore, is recognized for its extensive experience in solar energy and boasts over 2,000 granted patents. The company identifies itself with the motto “Powering Positive Change,” reflecting its aim to deliver sustainable and innovative solar solutions for various customer segments, including residential, commercial, and utility-scale markets.

On the other hand, AIKO has established itself as a global leader in energy technology, focusing on the R&D and production of highly efficient solar cells and modules. With cumulative shipments exceeding 180 gigawatts and operations spanning more than 100 countries, AIKO emphasizes continuous innovation to improve photovoltaic technology.

The announcement highlights a collaborative effort between the two companies to strengthen their market positions and enhance technological advancements within the solar industry. Both firms reaffirm their dedication to moving forward in an increasingly competitive landscape.

MWN-AI** Analysis

Maxeon Solar Technologies, Ltd. (NASDAQ: MAXN) has recently announced a significant patent licensing agreement with Shanghai AIKO Solar Energy Co., Ltd. This collaboration allows AIKO to license Maxeon’s Back Contact solar cell and module patents outside of the United States, indicating strategic positioning in an increasingly competitive solar market. Given these developments, investors and stakeholders should consider the implications for Maxeon’s stock performance and long-term market viability.

The patent agreement essentially signals a stabilizing move for Maxeon amid ongoing global competition in solar technologies. By withdrawing from pending patent enforcement actions, Maxeon not only safeguards its intellectual property but also enhances its collaborative stance within the industry. Such agreements may signal to investors a willingness to innovate through partnership rather than litigation, potentially fostering long-term growth and market share expansion.

From a financial perspective, this deal could be a catalyst for future revenue streams for Maxeon. The fact that the licensing agreement includes future patents indicates that Maxeon is likely to continue innovating and developing its technology, which could lead to increased market demand. Moreover, as the global push for renewable energy continues to gather momentum, Maxeon, with its robust patent portfolio and technological advancements, is well-positioned to capitalize on this trend.

However, prospective investors should remain cautious. The solar market is characterized by volatility, and regulatory changes can impact profitability. It's also important to watch how well Maxeon can leverage this agreement into tangible market success. Overall, Maxeon appears to be on a positive trajectory, and investors might consider initiating or increasing positions in anticipation of potential growth stemming from this partnership. Keeping an eye on their upcoming financial disclosures will be critical for assessing the impact of this agreement on their future performance.

**MWN-AI Summary and Analysis is based on asking OpenAI to summarize and analyze this news release.

Source: PR Newswire

PR Newswire

In the news release, Maxeon and Aiko Announce Patent Licensing Agreement, issued 06-Feb-2026 by Maxeon Solar Technologies, Ltd. over PR Newswire, we are advised by the company that changes have been made. The complete, corrected release follows, with additional details at the end:

Maxeon and AIKO Announce Patent Licensing Agreement

SINGAPORE, Feb. 6, 2026 /PRNewswire/ -- Maxeon Solar Technologies, Ltd. (NASDAQ:MAXN) and Shanghai AIKO Solar Energy Co., Ltd. (hereinafter referred to as "AIKO") today announced that the two parties have formally reached an agreement to license Maxeon's Back Contact (BC) solar cell and module patents.

Pursuant to the agreement, AIKO will obtain a license to all of Maxeon's BC solar cell and module patents outside of the United States, including both existing patents and those to be newly added over the next five years. Also pursuant to the agreement, Maxeon has agreed to fully withdraw and terminate all pending and potential patent enforcement actions against AIKO, and AIKO has agreed to withdraw and terminate all invalidation efforts against Maxeon's patents.

The successful conclusion of this patent licensing agreement demonstrates both parties' respect for the value of intellectual property, strengthening intellectual property protection, and promoting technological advancement in the solar industry.

About Maxeon Solar Technologies 

Maxeon Solar Technologies (NASDAQ: MAXN) is Powering Positive Change™. Headquartered in?Singapore, Maxeon leverages 40 years of solar energy leadership and over 2,000 granted patents to design innovative and sustainably made solar panels and energy solutions for residential, commercial, and power plant customers. For more information about how Maxeon is Powering Positive Change™ visit us at?www.maxeon.com, and on?LinkedIn

About AIKO

AIKO (Stock code: 600732.SH) is a global leader in new energy technology, dedicated to the research, development, and manufacturing of high efficiency solar cells and modules. Driven by its mission to maximize photoelectric conversion efficiency, the company drives generational advancement in photovoltaic technology through continuous innovation. With cumulative shipments exceeding 180GW, AIKO serves customers across more than 100 countries and regions worldwide, including key markets in Europe, Australia New Zealand, and Japan. For further information, please visit www.AIKOsolar.com.

Forward-Looking Statements 
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, including, but not limited to, statements regarding our future plans and areas of focus, our positioning and business plans for future success, and our positioning to enforce patent rights. These forward-looking statements are based on our current assumptions, expectations and beliefs and involve substantial risks and uncertainties that may cause results, performance, or achievement to materially differ from those expressed or implied by these forward-looking statements. A detailed discussion of these factors and other risks that affect our business is included in filings we make with the Securities and Exchange Commission ("SEC") from time to time, including our most recent report on Form 20-F, particularly under the heading "Item 3.D. Risk Factors." Copies of these filings are available online from the SEC or on the Financials & Filings section of our Investor Relations website https://corp.maxeon.com/financials-filings/sec-filings.

All forward-looking statements in this press release are based on information currently available to us, and we assume no obligation to update these forward-looking statements in light of new information or future events.

©2026 Maxeon Solar Technologies, Ltd. All Rights Reserved. MAXEON is a registered trademark of Maxeon Solar Technologies, Ltd. Visit https://corp.maxeon.com/trademarks for more information.

Correction:?The AIKO boilerplate has been updated with new information as well as capitalizing 'AIKO' throughout the release.

SOURCE Maxeon Solar Technologies, Ltd.

FAQ**

How does the patent licensing agreement between Maxeon Solar Technologies Ltd. (NASDAQ: MAXN) and AIKO enhance their competitive positioning in the global solar market, particularly outside the United States?

The patent licensing agreement between Maxeon Solar Technologies Ltd. and AIKO strengthens their competitive positioning in the global solar market by leveraging AIKO's manufacturing capabilities and local market expertise, thereby enhancing their product offerings and market reach outside the U.S.

What specific existing and upcoming patents will AIKO acquire under the licensing agreement with Maxeon Solar Technologies Ltd. (NASDAQ: MAXN), and how might this impact their product offerings?

AIKO plans to acquire key patents related to solar cell technology from Maxeon Solar Technologies, which could enhance their product efficiency and competitiveness in the solar market, potentially leading to improved performance and innovation in their offerings.

Given the agreement to withdraw pending patent enforcement actions, how will this affect the relationship and collaboration potential between Maxeon Solar Technologies Ltd. (NASDAQ: MAXN) and AIKO moving forward?

The agreement to withdraw pending patent enforcement actions is likely to enhance the relationship and collaboration potential between Maxeon Solar Technologies Ltd. and AIKO, fostering a more cooperative environment for future partnerships and innovation.

What are the projected financial implications for Maxeon Solar Technologies Ltd. (NASDAQ: MAXN) and AIKO as a result of this licensing deal, particularly in terms of revenue growth and cost reduction related to patent litigation?

The licensing deal between Maxeon Solar Technologies Ltd. (NASDAQ: MAXN) and AIKO is expected to enhance revenue growth by unlocking new market opportunities while potentially reducing costs associated with patent litigation, thus improving overall financial performance for both companies.

**MWN-AI FAQ is based on asking OpenAI questions about Maxeon Solar Technologies Ltd. (NASDAQ: MAXN).

Maxeon Solar Technologies Ltd.

NASDAQ: MAXN

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