SPWR Signs LOI to Acquire Cobalt Power Systems
(NasdaqGM:CSLR),(NasdaqGM:SPWR),(NASDAQ:SPWRW), OREM, Utah, Jan. 16, 2026 (GLOBE NEWSWIRE) — SunPower Inc. (herein the “Company” or Nasdaq: “SPWR”), a solar technology, services, and installation company, today announced it has signed an LOI for an all-equity transaction to acquire Cobalt Power Systems (“Cobalt”) of Mountain View, California, a company with $35 million in revenue and 96 employees. […]