Array Technologies Inc - Company Profile
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Array Technologies Inc (Array) is an energy equipment company that offers solar systems and solutions. The company manufactures and designs solar tracking systems. It also provides DuraTrack HZ v3 solar tracker, Array STI H250 and Array OmniTrack. Array caters to developers, independent power producers, EPCs, utilities, independent engineering firms, insurers and mechanical subcontractors among others. The company offer its products in the Americas, Europe, the Middle East and Africa. It operates in Albuquerque, Sao Paolo and Spain. Array is headquartered in Albuquerque, New Mexico, the US.
Headquarters
United States of America
Address
3901 Midway Place Ne, Albuquerque, New Mexico, 87109
Website
arraytechinc.com
Telephone
1 505 8817567
No of Employees
1,028
Industry
Clean Technology
Ticker Symbol & Exchange
ARRY (NASD)
Revenue (2022)
$1.6B
-3.7%
(2022 vs 2021)
EPS
XYZ
Net Income (2022)
XYZ
2996.6%
(2022 vs 2021)
Market Cap*
$1.7B
Net Profit Margin (2022)
XYZ
3,125.9%
(2022 vs 2021)
* As of and is in US$
Array Technologies Inc premium industry data and analytics
Products and Services
| Products | Brands |
|---|---|
| DuraTrack | DuraTrack |
| STI H250 | OmniTrack |
| OmniTrack | SmarTrack |
| XYZ | |
| XYZ | |
| XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2024 | New Products/Services | In March, the company introduced its patented Hail Alert Response. |
| 2024 | Contracts/Agreements | In February, the company and Aluminum Products Company entered into a partnership to help the market for renewable energy projects in the Middle East. |
| 2023 | Plans/Strategy | In November, the company announced its plans for US$50 million manufacturing campus in Bernalillo County. |
Competitor Comparison
| Key Parameters | Array Technologies Inc | American Capital Energy Inc | Architectural & Environmental Associates Inc | Bella Energy Inc | Bergey WindPower Co |
|---|---|---|---|---|---|
| Headquarters | United States of America | United States of America | United States of America | United States of America | United States of America |
| City | Albuquerque | Lawrence | Flagstaff | Boulder | Norman |
| State/Province | New Mexico | Massachusetts | Arizona | Colorado | Oklahoma |
| No. of Employees | 1,028 | - | - | - | - |
| Entity Type | Public | Private | Private | Private | Private |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Brad Forth | Chairman | Executive Board | 2020 | 58 |
| Kevin Hostetler | Chief Executive Officer; Director | Executive Board | 2022 | 54 |
| Nipul Patel | Chief Financial Officer | Senior Management | 2019 | 52 |
| Tyson Hottinger | Chief Legal Officer | Senior Management | 2021 | 42 |
| Terrance Collins | Chief Human Resources Officer | Senior Management | 2022 | 54 |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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