09:48 AM EDT, 04/16/2024 (MT Newswires) -- Wisa Technologies ( WISA ) rallied Tuesday after the audio technologies company said it has signed its fourth, five-year licensing agreement with an unnamed high-definition and projection television brand.

The license agreement allows the television manufacturer to integrate WiSA E software into its products and providing consumers with full interoperability with WiSA E-enabled speakers and other audio equipment.

Financial terms of the license agreement were not disclosed.

WiSA ( WISA ) shares rose 80% soon after Tuesday's opening bell.