Maxeon Solar Technologies Amends Development Agreement with TZE HK
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Maxeon Solar Technologies (MAXN) has amended its Bilateral Development Services Agreement with TZE HK, effective July 1, 2025. The amendment increases TZE HK's share of R&D costs and expands its intellectual property rights, while also broadening the collaboration's geographical scope to Singapore and China. TZE HK gains strategic control over the project, with MSPL executing it under TZE HK’s oversight. Analysts rate MAXN stock as a Hold with a $3.50 price target, citing financial challenges and a neutral to slightly bearish outlook.
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