Nextpower Inc.
Capital 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.Company Description
- CEO
- Daniel S. Shugar
- Full Time Employees
- 1,993
- Sector
- Electronic technology
- Industry
- Electronic equipment/Instruments
- Address
- 6200 Paseo Padre Parkway Fremont CA United States 94555
- IPO Date
- Feb 10, 2023
- CIK
- 0001852131
- Website
- nextracker.com
- Similar Companies
- Business
- Nextpower Inc. (Nasdaq: NXT) designs, engineers and delivers an advanced energy technology platform for utility-scale and distributed generation solar power plants worldwide, providing integrated structural, electrical and digital solutions including solar trackers, software controls, foundations, balance-of-system equipment, robotics and monitoring systems. The company offers core products such as NX Horizon solar trackers; NX Horizon-XTR terrain-following trackers; NX Horizon Hail Pro with AI-driven weather-adaptive stowing; NX Anchor foundation systems; NX Truss Driver installation equipment; TrueCapture energy yield optimization software; NX Navigator monitoring and control platform; electrical balance-of-system (eBOS) components; NX Foundation systems; NX Global Services; PowerworX solutions; and emerging large-scale power conversion systems (PCS) with first shipments in 2026, alongside artificial intelligence and robotics technologies including SenseHawk and Amir Robotics. Founded in 2014 as Nextracker Inc. and headquartered in Fremont, California, Nextpower operates in over 40 countries across North America, Europe, Australia Pacific, Latin America, Middle East, India and Africa, serving engineering procurement construction firms, solar developers and power plant owners with systems exceeding 100 gigawatts deployed globally. In November 2025, the company rebranded from Nextracker to Nextpower to reflect its evolution into a full-platform provider of connected solar ecosystems; it established an AI and robotics division through three sector acquisitions and appointed Francesco Borrelli as Chief AI and Robotics Officer; and expanded in Latin America with an integrated solar portfolio surpassing 24 gigawatts delivered.
Company News
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