PORTLAND, Te ., Ju e 25, 2026 (GLOBE NEWSWIRE) — Shoals Tech ologies G oup, I c. (“Shoals”) (Nasdaq: SHLS), a global leade i elect ical i f ast uctu e solutio s fo the e e gy t a sitio ma ket, a ou ced a decisive victo y i its pate t i f i geme t actio agai st Voltage, LLC (“Voltage”) afte the U.S. I te atio al T ade Commissio affi med the Admi ist ative Law Judge’s (ALJ) uli g. The decisio delive s a fi al dete mi atio that Voltage violated Sectio 337 of the Ta iff Act of 1930 by impo ti g i f i gi g LYNX t u k bus p oducts i to the U ited States.
The uli g co fi ms that Shoals’ pate ted tech ology was imp ope ly used a d p ovides impo ta t validatio of the compa y’s lo g-sta di g i vestme t i i ovatio , e gi ee i g, a d U.S.-based ma ufactu i g. The decisio ei fo ces the i te t of Sectio 337 of the Ta iff Act: to p otect Ame ica i tellectual p ope ty a d e su e competitio is gove ed by clea , e fo ced ules, pa ticula ly impo ta t i c itical e e gy i f ast uctu e.
“We’ e p oud to defe d Ame ica i tellectual p ope ty a d the i ovato s who desig , i ve t, a d ma ufactu e i the U.S.,” said B a do Moss, CEO of Shoals. “P otecti g i tellectual p ope ty is esse tial to secu i g Ame ica’s e e gy futu e, a d we app eciate the ITC’s decisio i ei fo ci g that. Shoals will co ti ue to champio U.S. i ovatio a d ma ufactu i g by i vesti g at home, p otecti g its i tellectual p ope ty, a d helpi g build a esilie t Ame ica e e gy supply chai .”
Shoals desig s a d ma ufactu es its p oducts i Te essee a d has made sustai ed i vestme ts i domestic i ovatio , adva ced ma ufactu i g, a d wo kfo ce developme t, most ece tly p ove by the a ou ceme t of the g a d ope i g of thei Mega facility i Po tla d, TN. Its pate ted tech ologies eflect decades of e gi ee i g expe tise a d co ti ued commitme t to Ame ica ma ufactu i g leade ship.
Shoals emphasized that the outcome suppo ts a level playi g field ac oss the i dust y, pa ticula ly as dema d fo sola a d e e gy i f ast uctu e co ti ues to g ow. E fo ci g IP ights is esse tial to mai tai i g the i ce tives that d ive i ovatio , quality, a d safety, especially as fo eig , low-cost ma ufactu e s, seek to compete i the U.S. ma ket.
“P otecti g Ame ica i ovatio is c itical, ot just fo Shoals, but fo the lo g-te m competitive ess of U.S. e e gy i f ast uctu e,” said Moss. “This uli g se ds a clea message that i tellectual p ope ty ights will be upheld, a d that compa ies ope ati g i this ma ket must do so fai ly.”
As pa t of the fi al dete mi atio , the ITC issued a limited exclusio o de that will est ict Voltage’s ability to impo t the i f i gi g p oduct. This case ow moves to the 60-day p eside tial eview pe iod. I o de to sell thei i f i gi g p oduct withi the U.S. du i g that pe iod, Voltage must put up a bo d equal to 100% of the “e te ed value of the a ticles subject to the o de .”
Shoals emai s focused o delive i g eliable, high-pe fo ma ce solutio s to thei custome s while co ti ui g to i vest i domestic ma ufactu i g a d futu e p oduct developme t.
This p ess elease co tai s fo wa d-looki g stateme ts. All stateme ts othe tha stateme ts of histo ical fact a e “fo wa d-looki g stateme ts” fo pu poses of fede al a d state secu ities laws. Wo ds, a d va iatio s of wo ds, such as “will,” “may,” “expect,” “would,” “could,” “might,” “i te d,” “pla ,” “believe,” “likely,” “estimate,” “a ticipate,” “objective,” “p edict,” “p oject,” “d ive,” “seek,” “aim,” “ta get,” “pote tial,” “commitme t,” “outlook,” “co ti ue,” “goal” o a y othe simila wo ds a e i te ded to ide tify ou fo wa d-looki g stateme ts. Although we believe that the expectatio s a d assumptio s eflected i a y of ou fo wa d-looki g stateme ts a e easo able, actual esults o outcomes could diffe mate ially f om those p ojected o assumed i a y of ou fo wa d-looki g stateme ts. Ou futu e fi a cial co ditio a d esults of ope atio s, as well as a y fo wa d-looki g stateme ts, a e subject to cha ge a d to i he e t isks a d u ce tai ties, ma y of which a e beyo d ou co t ol, which could cause ou actual esults to diffe mate ially f om those i dicated i these fo wa d-looki g stateme ts. We disclaim a d do ot u de take a y obligatio to update o evise a y fo wa d-looki g stateme t i this p ese tatio except as equi ed by applicable law o egulatio . Fo impo ta t i fo matio o fo wa d-looki g stateme ts, please see ou most ece t ea i gs elease fo Q1 2026 o ou i vesto website at https://i vesto s.shoals.com.
