Complete Solaria, Inc. Announces Rebrand as SunPower
Rhea-AI Summary
Complete Solaria (NASDAQ: CSLR) has announced its rebranding as SunPower, with a ticker symbol change from 'CSLR' and 'CSLRW' to 'SPWR' and 'SPWRW' effective April 22, 2025. The strategic brand repositioning brings together the companies under the SunPower name, which has a 40-year legacy in solar innovation.
Chairman and CEO T.J. Rodgers introduced the company's new Helios logo, highlighting SunPower's historical achievement with NASA's Helios solar-powered aircraft. The aircraft, powered exclusively by SunPower solar cells, set an unbroken altitude record of 96,863 feet in 2001.
The company will present its audited FY2024 results and unaudited Q1'25 results on April 30, 2025.
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- Strategic rebranding leverages SunPower's 40-year legacy and established market presence
- Historical technological achievement demonstrated through NASA's Helios project
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- None.
News Market Reaction 1 Alert
On the day this news was published, CSLR declined 7.44%, reflecting a notable negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
OREM, Utah, April 21, 2025 (GLOBE NEWSWIRE) -- Complete Solaria, Inc. d/b/a SunPower (“SunPower” or the “Company”) (Nasdaq: CSLR), a leading solar technology, services, and installation company, today announced it is rebranding as SunPower. The company’s ticker symbol will change from “CSLR” and “CSLRW” to “SPWR” and “SPWRW”, respectively, effective April 22, 2025.
SunPower was founded in April 1985, came public in 2005 and broke the
T.J. Rodgers, Chairman and Chief Executive Officer of SunPower, said, “Today marks the next chapter in our company’s history, and I am very happy to announce our strategic brand repositioning that brings our companies together under the storied SunPower name. We humbly assume the responsibility of moving forward knowing SunPower’s reputation for operational excellence and industry-leading technology. That’s our heritage, and we will live up to it. See our announcement in the Wall Street Journal on Friday, April 29.
Rodgers explained SunPower’s new Helios logo, “NASA’s Helios solar-powered airplane is a visually stunning example of SunPower innovation – and a powerful symbol of the power the sun offers us. Helios, a remote-piloted aircraft developed by NASA, had a larger wingspan than a Boeing 747, used only SunPower solar cells to take off and achieve a record-setting altitude of 96,863 feet on August 13, 2001. That record has never been broken, even by the vaunted F-15 Eagle fighter or the mach 3.3 SR-71 Blackbird spy plane. Today, there are several companies that are adding batteries to Helios-type airplanes to allow them to fly 24x7 in the stratosphere.”
Upcoming Webcast Information
As announced via press release last week, SunPower will present audited financial results for the full year 2024 and unaudited results for Q1’25 on April 30, 2025, at 1:00pm EDT. Interested parties may access the webcast by registering here or by visiting the Events page within the IR section of the company website https://investors.sunpower.com/news-events/events.
About SunPower
SunPower is a leading residential solar services provider in North America. SunPower’s digital platform and installation services support energy needs for customers wishing to make the transition to a more energy-efficient lifestyle. For more information visit www.SunPower.com.
Company Contact:
Sioban Hickie
VP Investor Relations
Sioban.Hickie@SunPower.com
(801) 477-5847
Dan Foley
CFO
Dan.Foley@SunPower.com
Source: SunPower
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/e35158d1-5826-4099-b486-dc344541d755
FAQ
What is the significance of Complete Solaria's (CSLR) rebranding to SunPower?
When will CSLR's ticker symbol change to SPWR take effect?
What is the historical significance of SunPower's Helios logo?
When will SunPower (formerly CSLR) release its financial results?
