Why Did MAXN Stock Surge 19% In Pre-Market Today?

• The agreement resolves ongoing legal issues between the companies.
• Maxeon will terminate all pending and potential patent enforcement actions against Aiko.
• Maxeon's infringement case against Aiko featured a patent covering proprietary and core solar cell designs for rear or back contact technologies. 

Shares of Maxeon Solar Technologies (MAXN) popped over 19% in pre-market trading on Friday after the company signed a patent licensing agreement with Shanghai Aiko Solar Energy for Maxeon’s Back Contact solar cell and module technology.

Under the deal, Aiko will gain rights to use all of Maxeon’s Back Contact patents outside the United States, including existing intellectual property and any new patents added over the next five years.

The agreement also resolves ongoing legal issues between the companies. Maxeon will terminate all pending and potential patent enforcement actions against Aiko, while Aiko will end its efforts to invalidate Maxeon’s patents.

Maxeon's Lawsuits Against Aiko

Maxeon Solar had initially filed a lawsuit before the Mannheim Regional Court concerning infringement of its patent in 2023. The patent covered proprietary and core solar cell designs for rear or back contact technologies, commonly known as All-Back Contact (ABC) or Interdigitated Back Contact (IBC) solar cells. 

In June 2024, Maxeon opened a second lawsuit against Aiko and several of its partners before the Unified Patent Court Local Division in Düsseldorf, claiming infringement of its patent EP3065184.

How Did Stocktwits Users React?

Retail sentiment on Stocktwits for MAXN turned 'extremely bullish' from 'bullish' a day earlier, amid 'extremely high' message volumes.

One user highlighted patent and infringement details.

Another user spoke about the company's operations in the U.S.

The stock has gained around 30% so far in 2026.

For updates and corrections, email newsroom[at]stocktwits[dot]com.

Share

·

Add us on