SunPower Closes Cobalt Power Systems Acquisition

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 ...