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SunPower Reports Inducement Grants In Connection with Cobalt Acquisition
Globenewswire· 2026-02-05 21:30
OREM, Utah, Feb. 05, 2026 (GLOBE NEWSWIRE) -- SunPower Inc. (“SunPower,” the “Company,” or Nasdaq: “SPWR”) a solar technology, services, and installation company, today announced that on February 2, 2026 it made inducement grants to two key employees of Cobalt Power Systems, Inc. (“Cobalt”) as a material inducement to employment with SunPower upon SunPower’s acquisition of Cobalt. The inducement grants consist of time-based restricted stock units (“RSUs”) for a total of 850,000 shares of SunPower common sto ...
SunPower Names Wendell H. Laidley CFO
Globenewswire· 2026-02-05 13:00
Both Silicon Valley and Solar CredentialsOREM, Utah, Feb. 05, 2026 (GLOBE NEWSWIRE) -- SunPower Inc. (herein “SunPower,” the “Company,” or Nasdaq: “SPWR”), a solar technology, services, and installation company – today announced that it hired Wendell Laidley as CFO, reporting to CEO T.J. Rodgers. SunPower CEO T.J. Rodgers said, “When our company acquired the SunPower name and assets, I moved our headquarters to Salt Lake City from Silicon Valley despite the fact that miniscule Silicon Valley has produced si ...
plete Solaria(CSLR) - Prospectus
2026-02-03 15:35
As filed with the United States Securities and Exchange Commission on February 2, 2026. Registration No. 333- UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM S-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 SunPower Inc. (Exact name of registrant as specified in its charter) Delaware 001-40117 93-2279786 (Commission File Number) (I.R.S. Employer Identification Number) 45700 Northport Loop East Fremont, CA 94538 (510) 270-2507 (Address, Including Zip Code, and Telephon ...
SunPower Closes Cobalt Power Systems Acquisition
Globenewswire· 2026-02-03 13:00
The Premium Silicon Valley Solar InstallerOREM, Utah, Feb. 03, 2026 (GLOBE NEWSWIRE) -- SunPower Inc. (herein “SunPower,” the “Company,” or Nasdaq: “SPWR”) a solar technology, services, and installation company, today announced that it has closed its $12 million all-equity strategic acquisition of Cobalt Power Systems (“Cobalt”) headquartered in Mountain View, California. Cobalt will continue to operate as a standalone subsidiary company with common financial, HR and administrative practices, focused on big ...
SunPower Secures $20 Million SEPA Agreement
Globenewswire· 2026-02-02 13:00
OREM, Utah, Feb. 02, 2026 (GLOBE NEWSWIRE) -- SunPower Inc. (herein “SunPower,” the “Company,” or Nasdaq: “SPWR”), a solar technology, services, and installation company – today announced that it has secured a Standby Equity Purchase Agreement (SEPA) with an affiliate of Yorkville Advisors Global (“Yorkville”) for a committed $20 million in funding from newly issued stock. The SEPA vehicle includes a pre-paid advance feature, which SunPower can draw on subject to various predetermined conditions. The discre ...
plete Solaria(CSLR) - Prospectus
2026-01-30 21:33
As filed with the United States Securities and Exchange Commission on January 30, 2026. Registration No. 333- UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM S-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 SunPower Inc. (Exact name of registrant as specified in its charter) Delaware 001-40117 93-2279786 (Commission File Number) (I.R.S. Employer Identification Number) 45700 Northport Loop East Fremont, CA 94538 (510) 270-2507 (Address, Including Zip Code, and Telephon ...
SunPower (SPWR) Achieves First “Monolith” Panel Installation as Silicon Valley Demand Surges Following REC Partnership
Yahoo Finance· 2026-01-30 19:58
SunPower Inc. (NASDAQ:SPWR) is one of the new stocks on the rise. On January 16, SunPower achieved its first installation of Monolith panels created by Renewable Energy Corporation, with Silicon Valley’s Cobalt Power Systems installing them for a premium customer in Santa Cruz, California. Cobalt Power Systems CEO John Paul Bergh stated that demand for these high-quality, power-dense, premium modules has been extraordinary and that their first container, received on January 16, sold out immediately. Conseq ...
SunPower National Battery Storage Initiative
Globenewswire· 2026-01-29 13:00
Core Insights - SunPower has launched a strategic initiative to enhance accessibility to home battery storage for American families through partnerships with The Cool Down, Palmetto, and Enphase Energy [1][2][4] Group 1: Strategic Initiative - The initiative aims to provide homeowners with access to premium battery systems and flexible financing options to make them more affordable [2] - The program is available to homeowners in 45 states, with priority access for existing SunPower customers [4] Group 2: Partnerships and Technology - The Cool Down is a media platform targeting homeowners seeking to reduce utility bills and gain energy independence [4][6] - Palmetto offers LightReach financing to eliminate upfront cost barriers, making battery storage more viable for homeowners [4][7] - Enphase Energy supplies the IQ Battery 10C, noted for its compact size, safety features, and superior warranty compared to competitors [4][8] Group 3: Market Context - Increasing weather events and energy independence concerns have led more families to recognize the value of battery systems for storing solar energy [3] - Battery systems enhance the value of existing solar installations and improve household resilience during grid outages [3]
10 New Stocks on the Rise
Insider Monkey· 2026-01-28 18:47
IPO Landscape - 2026 is anticipated to be a super cycle for IPO activity, with many companies ready to go public [1] - IPO activity is expected to accelerate towards the end of Q1 and into Q2, with some companies already on the road with their offerings [1] - Mega IPOs like OpenAI, Anthropic, and SpaceX may adopt a more selective approach due to the large capital they intend to raise [1] Market Resilience - Despite geopolitical instability, US markets remain resilient, reaching new highs in the Dow and S&P 500 [2] - The IPO pipeline is diversified across multiple sectors, not solely reliant on the tech industry [2] - AI is recognized as a transformational technology, but companies from various sectors are preparing to go public [2] SunPower Inc. (NASDAQ:SPWR) - SunPower reported Q4 2025 revenue of $88.5 million, up from $70 million in the previous quarter, with an operating income of $3.5 million [9] - The company nearly doubled its sales force to approximately 2,000 representatives and provided conservative Q1 2026 revenue guidance of $84 million [10] - SunPower aims to reach $1 billion in revenue by 2028 and is involved in solar system sales and installation in the US [10] GlobalFoundries Inc. (NASDAQ:GFS) - GlobalFoundries' stock performance increased by 28.79% in the last month, with 27 hedge fund holders [11] - Citi raised its price target on GlobalFoundries to $42 from $35, maintaining a Neutral rating [11] - The company executed a definitive agreement to acquire Synopsys' ARC Processor IP Solutions business, aimed at enhancing capabilities in custom silicon solutions [12][13]
First SunPower Monolith Panel Installation
Globenewswire· 2026-01-26 13:00
Technology from SunPower-REC Joint Development AgreementOREM, Utah, Jan. 26, 2026 (GLOBE NEWSWIRE) -- SunPower Inc. (herein “SunPower,” the “Company,” or Nasdaq: “SPWR”), a solar technology, services, and installation company, today announced that it achieved its first installation of Monolith panels created by Renewable Energy Corporation (REC), the leader in U.S. residential solar panel sales. Silicon Valley’s Cobalt Power Systems installed the panels for a premium customer in Santa Cruz, California. Coba ...