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
| Name | Nextpower Inc. |
| Sector | Technology |
| Industry | Solar |
| Employees | 1993 |
| Founded | 2013 |
| Ipo Date | 2023-02-09 |
| Ceo | Daniel Shugar |
| Country | United States |
| Exchange | NASDAQ |
| Fiscal Year | April - March |
| Reporting Currency | USD |
| Ipo Price | 24.00 |
| Isin | US65290E1010 |
| Cusip | 65290E101 |
| Cik | 0001852131 |
| Sic | 3674 |
| Stock Type | Common Stock |
Key executives
| Name | Title |
|---|---|
| Daniel S. Shugar | Co-Founder, Chief Executive Officer and Director |
| Howard J. Wenger | Director and President |
| Nicholas Miller | Co-Founder and Chief Project Development Officer |
| Charles D. Boynton | Chief Financial Officer |
| Marco Garcia | Co-Founder and Chief Commercial Officer |
| Alex Au | Co-Founder and Chief Technology Officer |
| Mike Mehawich | Co-Founder and Chief Strategy Officer |
| Robert Vinje | Chief Operating Officer |
| David P. Bennett | Chief Accounting Officer |
| Sarah Lee | Head of Investor Relations |
Contact
| Address | 6200 Paseo Padre Parkway, Fremont, California 94555, United States |
| Phone | (510) 270-2500 |
| Website | https://www.nextpower.com |