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Tigo Energy Welcomes Delta Networks as Latest Rapid Shutdown Technology Licensee

1. Tigo Energy licenses rapid shutdown technology to Delta Networks, enhancing its market position. 2. This agreement may increase TYGO's revenue and solidify its competitive edge.

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FAQ

Why Bullish?

The licensing deal with Delta Networks expands Tigo's market presence and potential revenue. Similar agreements in the past have led to stock price increases for tech companies.

How important is it?

The licensing agreement boosts Tigo's technological footprint and revenue prospects, making it highly relevant.

Why Long Term?

This agreement is likely to generate ongoing revenue and partnerships, promoting sustained growth over the coming years.

Related Companies

CAMPBELL, Calif.--(BUSINESS WIRE)--Tigo Energy, Inc. (NASDAQ: TYGO) (“Tigo”), a leading provider of intelligent solar and energy software solutions, today announced that Delta Networks, a global provider of power and thermal management solutions, has licensed Tigo rapid shutdown technology for its rapid shutdown products. Under the agreement, Delta products are authorized to use technologies described in various Tigo patents related to rapid shutdown. Tigo is a leader in rapid shutdown technolo.

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