Array Technologies

Albuquerque, United States Founded: 1992 • Age: 34 yrs
Solar trackers are manufactured for utility-scale solar installations.
Annual revenue $254.2M Latest available
Total funding - 4 rounds
Employees 14 Tracked headcount
Investors 3 Known backers
Products 5 Services tracked
Competitors 9 Brand Intelligence

About Array Technologies

Array Technologies is a company based in Albuquerque (United States) founded in 1992 by Ron Corio. The company has 14 employees as of December 31, 2022. Array Technologies has completed 2 acquisitions, including APA Solar and STI Norland. Array Technologies offers products and services including DuraTrack, STI H250, OmniTrack, SmarTrack, and SkyLink. Array Technologies operates in a competitive market with competitors including Nextracker, Ideematec, Renkube, AgileSwitch and Scorpius Trackers, among others.

  • Headquarter Albuquerque, United States
  • Employees 14 as on 31 Dec, 2022
  • Founders Ron Corio
  • Stage Public
  • Sectors
    Energy & Utilities
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Array Technologies, Inc.
Operational Areas
Energy & Utilities → Renewable & Clean Energy Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $254.18 M (USD)
    60
    as on Dec 31, 2024
  • Net Profit
    -$240.39 M (USD)
    -275
    as on Dec 31, 2024
  • EBITDA
    -$193.21 M (USD)
    -177
    as on Dec 31, 2024
  • Latest Funding Round
    $345 M (USD), Post-IPO

    Jun 27, 2025

  • Investors
    Blackstone

    & 2 more

  • Employee Count
    14

    as on Dec 31, 2022

  • Investments & Acquisitions
    APA Solar

    & 1 more

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IPO & Listings of Array Technologies

Array Technologies is a publicly listed company on the NASDAQ with ticker symbol ARRY in USA, operating in the Electronic technology sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

Exchange: NASDAQ · Ticker: ARRY · Sector: Electronic technology · USA

Products & Services of Array Technologies

Array Technologies offers a comprehensive portfolio of products and services, including DuraTrack, STI H250, OmniTrack, SmarTrack, and SkyLink.

Product name locked
Category locked
Primary

Utility-scale tracker for optimized solar energy production.

Product name locked
Category locked
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Advanced tracker system for enhanced solar efficiency.

Product name locked
Category locked
Locked

Tracker designed for versatile solar applications.

Product name locked
Category locked
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Platform for solar site management and weather risk control.

Product name locked
Category locked
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Integrated system for solar energy optimization.

People of Array Technologies

Headcount 200-500
Employee Profiles 69
Board Members and Advisors 8
Employee Profiles
People
Scott Wilson
Senior Director Of Business Development
People
Christa L.
Vp, SAP And IT PMO
People
Jason Marshall
Applications Engineering Manager - US
People
Diana Vargas
Human Resources Manager

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Board Members and Advisors
people
Brad Forth
Chairman
people
Troy Alstead
Director
people
Gerrard Schmid
Director
people
Tracy Jokinen
Director

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Funding Insights of Array Technologies

Investors in Array Technologies

Array Technologies has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include Blackstone, Oaktree Capital Management and OSTI.GOV.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Diversified investment management is provided across multiple asset classes.
Locked Locked Locked
Real estate fund, infrastructure fund, and private equity firm focused on multiple sectors
Locked Locked Locked
Scientific and technical information is managed and disseminated by OSTI.GOV.
Locked Locked Locked
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Investor details for Array Technologies

Investor domains, locations, round participation, and complete history require an active premium plan.

  • Investor domains
  • Investor locations
  • Funding rounds
  • Participation history

Verified entity values are shown only after access is granted.

Investments & Acquisitions by Array Technologies

Array Technologies has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include APA Solar and STI Norland.

Investments
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Investment portfolio details for Array Technologies

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  • Portfolio identities
  • Transaction dates
  • Round details
  • Investment values

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Acquisitions
Company Name Description Domain Location Founded Year Amount
Solar racking systems are manufactured for photovoltaic installations worldwide.
Locked Locked 2008 Locked
Solar trackers and fixed structures are manufactured for large-scale projects.
Locked Locked 1996 Locked
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Complete acquisition details for Array Technologies

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  • Transaction dates
  • Acquired stakes
  • Disclosed values
  • Domains and locations

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Financial Statements - Array Technologies

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Detailed financials for Array Technologies

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  • Historical revenue
  • Profit trends
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Array Technologies Comparisons

Array Technologies Primary company
Description
Solar trackers are manufactured for utility-scale solar inst...
Location
Albuquerque, United States
Founded Year
1992
Annual Revenue
$254.18 M (USD)
Net Profit
-$240.39 M (USD)
EBITDA
-$193.21 M (USD)
Employees
14
As of 2022
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Peer comparison for Array Technologies

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Competitors of Array Technologies

Array Technologies operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Nextracker, Ideematec, Renkube, AgileSwitch and Scorpius Trackers, among others.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
Solar panel tracking software is provided for monitoring and control.
Locked Locked Locked
Solar tracking technology solutions provider
Locked Locked Locked
Developer of solar panels with energy yield
Locked Locked Locked
Developer of switch drivers for IGBT modules.
Locked Locked Locked
Solar tracker developers
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Detailed competitors of Array Technologies

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  • Domains and locations
  • Full company profiles
  • Operating metrics
  • Competitive positioning

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Latest news on Array Technologies

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Complete news archive for Array Technologies

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  • Full article archive
  • Source and publication date
  • Older coverage
  • Brand-specific news history

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Frequently Asked Questions about Array Technologies

Array Technologies was founded in 1992 and raised its 1st funding round 18 years after it was founded.

Array Technologies is headquartered in Albuquerque, United States. It is registered at Albuquerque, New Mexico, United States.

As of Dec 31, 2022, the latest employee count at Array Technologies is 14.

Annual revenue of Array Technologies is $254.18M as on Dec 31, 2024.

Array Technologies was founded in 1992 by Ron Corio in Albuquerque, United States. Operations are focused on the renewable energy sector, where solar trackers are produced to support large-scale photovoltaic systems. These devices are designed to maximize energy capture by adjusting panel orientation. The company serves projects across the United States and international markets, emphasizing durable engineering for solar infrastructure.

Array Technologies's top competitors include Nextracker, Helioslite and Scorpius Trackers.

Array Technologies offers DuraTrack, STI H250, OmniTrack, SmarTrack, and SkyLink.

Yes, Array Technologies is publicly traded on NASDAQ under the ticker symbol ARRY.

Array Technologies has made 2 acquisitions, including APA Solar, and STI Norland.

Array Technologies has 3 investors. Key investors include Blackstone, Oaktree Capital Management, and OSTI.GOV.

The ticker symbol of Array Technologies is ARRY on NASDAQ.

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