| Market Capitalization (Millions $) |
676 |
| Shares
Outstanding (Millions) |
153 |
| Employees |
1,200 |
| Revenues (TTM) (Millions $) |
1,205 |
| Net Income (TTM) (Millions $) |
-67 |
| Cash Flow (TTM) (Millions $) |
-148 |
| Capital Exp. (TTM) (Millions $) |
27 |
Business Description
Array Technologies, Inc. is a leading global provider of solar tracking systems, offering reliable, innovative, and sustainable tracking solutions for utility-scale solar projects. The company was founded in 1989 and is headquartered in Albuquerque, New Mexico. With over three decades of experience, Array Technologies has a proven track record of delivering high-quality products and services to its clients worldwide.
The company's flagship product is the DuraTrack HZ v3, a solar tracking system that maximizes energy production from photovoltaic (PV) modules. The DuraTrack HZ v3 can track the sun's movement from east to west throughout the day, enhancing the energy harvest by up to 20% compared to fixed-tilt systems. The product is designed with a patented self-powered independent row system, which allows for flexible installation configurations while reducing installation time and costs.
Array Technologies has an extensive portfolio of solar tracking systems, including the DuraTrack AZ v3, a single-axis tracker for lower-latitude regions, and the SmarTrack, an advanced dual axis tracking system that provides the highest energy results in the industry. The company's products are widely used in utility-scale solar projects, including large-scale installations in North America, Europe, Asia, South America, and Africa.
The company's commitment to innovation, quality, and sustainability has earned it a reputation as a leader in the solar industry. Array Technologies has received several industry awards, including recognition from the Solar Power World Top Solar Contractor List, the New Mexico Manufacturing Association, and the New Mexico Business Weekly "Top 100" list.
Array Technologies is also a responsible corporate citizen, committed to environmental stewardship and social responsibility. The company's operations are guided by a strong commitment to sustainability, and it provides its customers with clean, renewable energy solutions. Additionally, Array Technologies is involved in several community initiatives, including charitable giving, volunteerism, and environmental conservation efforts.
Overall, Array Technologies is a leading provider of solar tracking systems, offering reliable, innovative, and sustainable solutions for utility-scale solar projects worldwide. With a commitment to quality, innovation, and sustainability, the company is well-positioned to continue its growth and leadership in the solar energy industry.
Company Address: 3901 Midway Place NE Albuquerque 87109 NM
Company Phone Number: 881-7567 Stock Exchange / Ticker: NASDAQ ARRY
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10.33% 
77.15 %