Nextpower Inc. (NXT)
NASDAQ: NXT · Real-Time Price · USD
90.59
-0.07 (-0.07%)
At close: Dec 5, 2025, 4:00 PM EST
92.00
+1.42 (1.56%)
After-hours: Dec 5, 2025, 7:26 PM EST

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.

Nextpower Inc.
Nextpower logo
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
Sarah Lee Head of Investor Relations

Latest SEC Filings

Date Type Title
Dec 1, 2025 144 Filing
Nov 21, 2025 144 Filing
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