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Array Technologies

Albuquerque, New Mexico, United States · Energy, Environmental Services, Natural Resources

Array Technologies (NASDAQ: ARRY) is a leading American company and global provider of utility-scale solar tracker technology. Engineered to withstand the harshest conditions on the planet, Array’s high-quality solar trackers and sophisticated software maximize energy production, accelerating the adoption of cost-effective and sustainable energy. Founded and headquartered in the United States, Arr

Key facts

Headquarters
Albuquerque, New Mexico, United States
Employees
1,100
Industries
Energy, Environmental Services, Natural Resources
Status
Public (ARRY)
Website
arraytechinc.com
LinkedIn
Company page

Recent activity at Array Technologies

  • : Shoals and Array to merge in stock-for-stock deal
  • : SEC 8-K (5.02): On November 4, 2026, ARRAY announced the transition of its Chief Executive Officer as part of a Merger Agreement with Shoals. Brandon Moss, currently the CEO of Shoals, will be appointed as the CEO of ARRAY, effective at the closing of the merger, contingent upon his continued service as CEO of Shoals before the effective time. Moss has a significant background in leadership, having previously served at Southwire Company. Kevin Hostetler, the current CEO of ARRAY since April 2022, will step down from his position effective at the closing and is expected to act as a special advisor to facilitate the transition. Compensation details for Mr. Moss's new role have yet to be determined.
  • : SEC 8-K (8.01): On August 31, 2026, Array Technologies, Inc. announced the completion of its acquisition of Affordable Wire Management, LLC (AWM). This acquisition marks a strategic expansion for Array Technologies, enhancing its capabilities in wire management solutions. The acquisition aligns with Array's growth strategy and is expected to bolster its market position in the renewable energy sector. Specific financial terms or implications related to the acquisition were not disclosed, but the timing indicates swift execution of their strategic plans in recent days.
  • : SEC 8-K (7.01): On August 20, 2026, Array Technologies, Inc. hosted its Investor Technology Showcase webcast, which was previously announced. The event included a press release and investor presentation, both detailed in the attached exhibits (99.1 and 99.2). This disclosure relates to the company's ongoing efforts to engage with investors and enhance transparency regarding its technology advancements and future strategies. The information is being furnished under Regulation FD and is not considered as 'filed' with the SEC, thereby limiting liability under Section 18 of the Exchange Act.
  • : ARRAY Technologies acquires AWM for $203 million
  • : SEC 8-K (1.01): On July 16, 2026, Array Technologies, Inc. entered into an equity purchase agreement with Affordable Wire Management, LLC and DS Equity Holdings LLC, among others, to acquire all equity interests of AWM for total consideration of up to $203,000,000. This includes a base purchase price of $153,000,000, with deferred payments of $10,000,000 and performance-based earn-outs of up to $40,000,000. Deferred payments are contingent upon the continued employment of certain individuals. Payments can be made in cash or shares of the company's common stock, indicating a strategic move to expand in the utility-scale photovoltaic or battery storage market.
  • : SEC 8-K (5.02): On March 19, 2026, Array Technologies, Inc. expanded its Board of Directors from eight to ten members, appointing Emily Cohen and Carolyne Murff as independent directors effective immediately. Ms. Murff will serve as a Class I director with a term expiring at the Company's 2027 Annual Meeting and will be part of the Audit Committee. Ms. Cohen will serve as a Class II director with a term expiring at the 2028 Annual Meeting and will join the Nominating and Corporate Governance Committee. Both appointees meet the independence standards required by Nasdaq and SEC regulations, and they will receive standard non-employee director compensation consisting of cash and equity retainers.
  • : SEC 8-K (1.01): On February 18, 2026, Array Tech, Inc. (formerly Array Technologies, Inc.) entered into Amendment No. 5 to its Credit Agreement, significantly altering its borrowing capacity and terms. This amendment increases the revolving credit facility commitments from $166 million to $370 million and extends the maturity date from October 14, 2028, to February 18, 2031. Key parties involved include Goldman Sachs Bank USA as the administrative and collateral agent, along with other lenders. This financial maneuver reflects a strategic move to bolster liquidity and potentially fund growth initiatives. The Fifth Amendment's modifications are critical for the company's operational plans and financial health.
  • : SEC 8-K (1.01): On February 18, 2026, Array Tech, Inc. (formerly Array Technologies, Inc.) entered into Amendment No. 5 to its Credit Agreement with Goldman Sachs Bank USA and other lenders. This amendment increases the revolving credit facility from $166,000,000 to $370,000,000 and extends its maturity date from October 14, 2028, to February 18, 2031. The amendment also removes the credit spread adjustment related to Term SOFR and expands the currencies allowable for credit loans and letters of credit. This strategic financing adjustment could significantly enhance Array Tech's liquidity and flexibility in capital management over the next several years.
  • : ARRAY Technologies acquires APA Solar

Leadership

  • Héctor Sánchez, Vice President of Sales
  • Leonardo Serpa, General Manager
  • Kevin G. Hostetler, Chief Executive Officer
  • Neil Manning, President
  • Jessica Lawrence-Vaca, Chief Commercial Officer

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Employee benefit plans

Array Technologies files 4 employee benefit plans with the U.S. Department of Labor, including a retirement plan. The next plan year renews in Nov 2026.

Array Technologies in the news

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About Array Technologies: questions and answers

What does Array Technologies do?

Array Technologies (NASDAQ: ARRY) is a leading American company and global provider of utility-scale solar tracker technology. Engineered to withstand the harshest conditions on the planet, Array’s high-quality solar trackers and sophisticated software maximize energy production, accelerating the adoption of cost-effective and sustainable energy. Founded and headquartered in the United States, Arr

Where is Array Technologies headquartered?

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

How many employees does Array Technologies have?

Array Technologies has about 1,100 employees.

Who leads Array Technologies?

Héctor Sánchez is a Vice President of Sales at Array Technologies.

What is the latest news on Array Technologies?

On Nov 04, 2026, Shoals and Array to merge in stock-for-stock deal

Is Array Technologies a public company?

Yes. Array Technologies is publicly traded under the ticker ARRY.

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