NASDAQ : NXT

Nextpower Inc. — Company profile

Technology · Solar · United States

Last price 79.33 USD (Oct 30, 2026, 4:00 PM EDT) · Market cap 12.04B

Overview · Financial statements · Key statistics · Dividends · Company profile · Price history · Reports

Company profile

Nextpower Inc. provides solar and energy technology solutions for utility-scale power plants in the United States and internationally. It offers tracking solutions, including NX Horizon, a solar tracking solution; NX Horizon-XTR, a terrain-following tracker to expand the addressable market for trackers on sites with sloped, uneven, and challenging terrain; NX Horizon Hail Pro adds automatic stowing using weather service information; and NX Horizon Low Carbon, a solar tracker solution with a reduced carbon footprint. The company also provides TrueCapture, an energy yield management system that addresses power production shortfalls; NX Anchor and NX Earth Truss, a solar foundation technology to facilitate solar project development in challenging soil conditions; Truss Driver, an advanced installation equipment; and NX Navigator, which assists solar power plant owners and operators in monitoring, controlling, and protecting their solar projects. It serves engineering, procurement, and construction firms, as well as solar project developers and owners. The company was formerly known as Nextracker Inc. and changed its name to Nextpower Inc. in November 2025. The company was founded in 2013 and is headquartered in Fremont, California.

Details

NameNextpower Inc.
SectorTechnology
IndustrySolar
Employees1993
Founded2013
Ipo Date2023-02-09
CeoDaniel Shugar
CountryUnited States
ExchangeNASDAQ
Fiscal YearApril - March
Reporting CurrencyUSD
Ipo Price24.00
IsinUS65290E1010
Cusip65290E101
Cik0001852131
Sic3674
Stock TypeCommon Stock

Key executives

NameTitle
Daniel S. ShugarCo-Founder, Chief Executive Officer and Director
Howard J. WengerDirector and President
Nicholas MillerCo-Founder and Chief Project Development Officer
Charles D. BoyntonChief Financial Officer
Marco GarciaCo-Founder and Chief Commercial Officer
Alex AuCo-Founder and Chief Technology Officer
Mike MehawichCo-Founder and Chief Strategy Officer
Robert VinjeChief Operating Officer
David P. BennettChief Accounting Officer
Sarah LeeHead of Investor Relations

Contact

Address6200 Paseo Padre Parkway, Fremont, California 94555, United States
Phone(510) 270-2500
Websitehttps://www.nextpower.com