Nextpower Inc.
NXTNASDAQTechnologySolar

About Nextpower

Nextpower Inc. provides solar tracker technologies and solutions for utility-scale and distributed generation solar applications in the United States and internationally. The company 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. It also provides TrueCapture, an energy yield management system that addresses power production shortfalls; NX Anchor, a solar tracker foundation system to facilitate solar project development in challenging soil conditions; NX 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. The company serves engineering, procurement, and construction firms, as well as solar project developers and owners. Nextpower Inc. 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.

Company Information

IndustrySolar
CEODaniel Shugar
Founded2013
IPO DateFebruary 9, 2023
Employees1,300
CountryUnited States
Fiscal YearApril - March

Stock Details

ExchangeNASDAQ (NASDAQ)
CurrencyUSD - USD
TypeStock
SubtypeCommon Stock
Share ClassClass A Shares

Contact Information

Phone(510) 270-2500
Address
6200 Paseo Padre Parkway Fremont, California 94555 United States

Corporate Identifiers

CIK0001852131
CUSIP65290E101
ISINUS65290E1010
SIC3812

Leadership Team & Key Executives

Daniel S. Shugar
Co-Founder, Chief Executive Officer and Director
Howard J. Wenger
Director and President
Nicholas Miller
Co-Founder and Chief Operating Officer
Charles D. Boynton
Chief Financial Officer
David P. Bennett
Chief Accounting Officer
Bruce R. Ledesma
Chief Legal and Compliance Officer and Secretary
Marco Garcia
Co-Founder and Chief Commercial Officer
Alex Au
Co-Founder and Chief Technology Officer
Mike Mehawich
Co-Founder and Chief Strategy Officer
Sarah Lee
Head of Investor Relations