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Shoals Technologies Group Secures a New Patent for BLA Architecture, Reinforcing American Intellectual Property

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Shoals Technologies Group (Nasdaq: SHLS), a leader in electrical balance of system solutions, has secured a new U.S. patent ('295 patent) for its Big Lead Assembly (BLA) technology. The patent strengthens Shoals' intellectual property portfolio and protects its innovative plug-and-play wiring solution that eliminates traditional combiner boxes while reducing installation time and labor costs.

The company has moved to add this patent to its pending lawsuit against Voltage, LLC in the U.S. District Court for the Middle District of North Carolina to protect against patent infringement. CEO Brandon Moss emphasized the company's commitment to American manufacturing excellence and ensuring fair market dynamics in the U.S. solar market.

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Positive

  • New patent strengthens protection of proprietary BLA technology
  • BLA technology reduces installation time and labor costs for solar projects
  • Demonstrates company's commitment to protecting U.S. intellectual property

Negative

  • Ongoing legal dispute with Voltage LLC over patent infringement

News Market Reaction 12 Alerts

+0.58% News Effect
-2.3% Trough in 17 min
+$6M Valuation Impact
$1.11B Market Cap
0.1x Rel. Volume

On the day this news was published, SHLS gained 0.58%, reflecting a mild positive market reaction. Argus tracked a trough of -2.3% from its starting point during tracking. Our momentum scanner triggered 12 alerts that day, indicating notable trading interest and price volatility. This price movement added approximately $6M to the company's valuation, bringing the market cap to $1.11B at that time.

Data tracked by StockTitan Argus on the day of publication.

PORTLAND, Tenn., Sept. 11, 2025 (GLOBE NEWSWIRE) -- Shoals Technologies Group, Inc. (Shoals) (Nasdaq: SHLS), a global leader in electrical balance of system (EBOS) solutions for the energy transition market, announced today the issuance of its new U.S. patent (the ‘295 patent) that expands its Big Lead Assembly (BLA) intellectual property portfolio and further solidifies its leadership in American energy infrastructure innovation.

The ‘295 patent adds yet another patent to those already protecting Shoals’ BLA, a plug-and-play wiring solution that eliminates traditional combiner boxes, significantly reduces installation time and labor costs, and enables long-term performance on solar projects. Shoals has moved to add the newly issued Patent to its pending lawsuit against Voltage, LLC in the U.S. District Court for the Middle District of North Carolina to protect against Voltage’s infringement of the ‘295 patent. By securing and defending its intellectual property, Shoals ensures that innovation is rewarded and that customers benefit from authentic, high-performance solutions.

“This newly issued patent is a testament to our relentless pursuit of innovation and our deep-rooted commitment to American manufacturing excellence,” said Brandon Moss, CEO of Shoals Technologies Group. “It not only safeguards our proprietary BLA technology but also reinforces our leadership in the U.S. solar market. By protecting our intellectual property, we’re ensuring fair market dynamics so customers can trust the quality of the solutions they deploy on energy projects.”

As the demand for American energy resources accelerates, Shoals remains resolute in advancing high-quality, U.S. manufactured solutions. With a focus on reliability, innovation, and long-term value, Shoals continues to advocate for integrity in the solar supply chain, ensuring that domestic manufacturers are empowered to lead the energy transition.

About Shoals Technologies Group, Inc.

Shoals Technologies Group is a leading provider of electrical balance of systems (EBOS) solutions for the energy transition market. Since its founding in 1996, the Company has introduced innovative technologies and systems solutions that allow its customers to substantially increase installation efficiency and safety while improving system performance and reliability. Shoals Technologies Group is a recognized leader in the renewable energy industry. For additional information, please visit: https://www.shoals.com.

Forward Looking Statement:

This press release contains forward-looking statements. These statements are not historical facts but rather are based on the Company’s current expectations and projections regarding its business, operations and other factors relating thereto. Words such as “may,” “will,” “could,” “would,” “should,” “anticipate,” “predict,” “potential,” “continue,” “expects,” “intends,” “plans,” “projects,” “believes,” “estimates” and similar expressions are used to identify these forward-looking statements. These statements are only predictions and as such are not guarantees of future performance and involve risks, uncertainties and assumptions that are difficult to predict. Actual results may differ materially from those in the forward-looking statements as a result of a number of factors, including those in the Company’s Annual Report on Form 10-K. You are cautioned not to place undue reliance on forward-looking statements, which reflect expectations only as of this date. The Company does not undertake any obligation to publicly update or review any forward-looking statement, whether as a result of new information, future developments, or otherwise.

For media inquiries, please contact:

Public Relations
Lindsey Williams, VP of Marketing and External Communications
Lindsey.williams@shoals.com

Investor Relations
Matt Tractenberg, VP of Finance and Investor Relations
investors@shoals.com


FAQ

What is the new patent Shoals Technologies Group (SHLS) received in September 2025?

Shoals Technologies received the '295 patent, which expands protection for their Big Lead Assembly (BLA) technology, a plug-and-play wiring solution for solar projects that reduces installation time and labor costs.

How does Shoals Technologies' BLA technology benefit solar projects?

Shoals' BLA technology eliminates traditional combiner boxes, significantly reduces installation time and labor costs, and enables long-term performance on solar projects.

What legal action is Shoals Technologies (SHLS) taking to protect its new patent?

Shoals is adding the newly issued '295 patent to its existing lawsuit against Voltage, LLC in the U.S. District Court for the Middle District of North Carolina to protect against patent infringement.

Why is the new patent important for Shoals Technologies Group?

The patent strengthens Shoals' intellectual property portfolio, protects their proprietary BLA technology, and reinforces their leadership position in the U.S. solar market while ensuring fair market dynamics.
Shoals Technologies Group, Inc.

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