Array Technologies, Inc.
NASDAQ Global MarketCapital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- CEO
- Kevin G. Hostetler
- Full Time Employees
- 1,200
- Sector
- Energy
- Industry
- Solar
- Address
- 3901 Midway Place NE Albuquerque NM United States of America 87109
- IPO Date
- Oct 15, 2020
- CIK
- 0001820721
- Website
- arraytechinc.com
- Similar Companies
- Business
- Array Technologies, Inc. (NASDAQ: ARRY) manufactures and sells utility-scale solar tracking systems and related software solutions for solar photovoltaic projects worldwide. The company offers a comprehensive portfolio of products including the DuraTrack HZ v3 and DuraTrack multi-row single-axis trackers, designed for high reliability, rapid installation, and performance in extreme weather; the STI H250 dual-row tracker system, optimized for irregular terrain and bifacial modules with one motor driving up to 120 modules; the OmniTrack tracker, providing enhanced north-south terrain flexibility and reduced site grading; the SkyLink photovoltaic-powered control tracker system with passive wind mitigation and wireless communication; the DuraTrack Hail XP, featuring steep hail protection angles against storms exceeding three inches in diameter; SmarTrack software platform with machine learning for energy optimization, weather risk management, and NERC-CIP cybersecurity compliance; APA foundations including ground screws, helicals, c-piles, and ballast systems for diverse soil conditions; and field services encompassing project management, design, installation training, and technician support. Array Technologies operates in key markets across the United States, Spain, Brazil, Australia, Europe, Latin America, the Middle East, and other international regions, serving utility-scale developers, EPC firms, and asset owners focused on optimizing levelized cost of energy through efficient ground-mounting systems. Founded in 1987 and headquartered in Albuquerque, New Mexico, the company conducts business through Array Legacy Operations and STI Operations segments. In a significant strategic expansion during 2025, Array Technologies entered a definitive agreement to acquire APA Solar, LLC for approximately $179 million, integrating engineered foundation and fixed-tilt racking solutions to offer comprehensive tracker-plus-foundation platforms while enhancing domestic content compliance. This acquisition, anticipated to close in the third quarter of 2025, advances the company's balance-of-systems strategy and positions it to deliver expanded value in utility-scale solar projects.
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