Although we don't believe in timing the market or panicking over market movements, we do like to keep an eye on big changes -- just in case they're material to our investing thesis.

What: Shares of Uni-Pixel (NASDAQ:UNXL) have popped today by as much as 20%, tapping fresh 52-week highs in the process, after the company announced an agreement with Eastman Kodak.

So what: The two companies have partnered in a manufacturing and supply agreement to produce touch sensors based on Uni-Pixel's UniBoss sensor film. Kodak and Uni-Pixel will open a new facility to produce touchscreen sensors for the touch module market that it estimates will grow to $32 billion by 2018.

Now what: CEO Reed Killion said the partnership is an important milestone for Uni-Pixel's commercial roll-out of UniBoss, and that Kodak will help facilitate a high-capacity ramp up thanks to its expertise in materials science. The companies have allocated $24 million this year to improve and equip the facility, with capacity expansion intended for UniBoss touch sensors. Uni-Pixel says its technology offers numerous advantages over traditional approaches, such as higher touch response and sensitivity, among others.

Interested in more info on Uni-Pixel? Add it to your watchlist by clicking here.

Fool contributor Evan Niu, CFA, has no position in any stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.