Company Description
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.
| Country | United States |
| Founded | 2013 |
| IPO Date | Feb 9, 2023 |
| Industry | Solar |
| Sector | Technology |
| Employees | 1,300 |
| CEO | Daniel Shugar |
Contact Details
Address: 6200 Paseo Padre Parkway Fremont, California 94555 United States | |
| Phone | (510) 270-2500 |
| Website | nextpower.com |
Stock Details
| Ticker Symbol | NXT |
| Exchange | NASDAQ |
| Stock Type | Common Stock |
| Share Class | Class A Shares |
| Fiscal Year | April - March |
| Reporting Currency | USD |
| IPO Price | $24.00 |
| CIK Code | 0001852131 |
| CUSIP Number | 65290E101 |
| ISIN Number | US65290E1010 |
| SIC Code | 3812 |
Key Executives
| Name | Position |
|---|---|
| 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 |
| Mary Lai | Vice President of IR and Financial Communications |
Latest SEC Filings
| Date | Type | Title |
|---|---|---|
| Nov 17, 2025 | 144 | Filing |
| Nov 12, 2025 | 8-K | Current Report |
| Oct 30, 2025 | 10-Q | Quarterly Report |
| Oct 23, 2025 | 8-K | Current Report |
| Sep 29, 2025 | 144 | Filing |
| Sep 15, 2025 | 144 | Filing |
| Sep 12, 2025 | 144 | Filing |
| Sep 8, 2025 | 8-K | Current Report |
| Aug 19, 2025 | 144 | Filing |
| Aug 18, 2025 | 8-K | Current Report |