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Nextpower Inc. Company Profile

NASDAQ: NXTTechnologySemiconductorsUSD

86.04-2.05 (-2.33%)

At close: Oct 7, 4:00 PM ET · Delayed 15 min

Nextpower at a glance

Nextpower Inc. (NASDAQ: NXT) is a Semiconductors company in the Technology sector headquartered in Fremont, CA. Nextpower is led by Mr. Daniel S. Shugar and employs about 1,993 people. The company's shares have traded publicly since 2023.

At a market capitalization of $13.37 billion, it is considered a large-cap company. Its SEC Central Index Key (CIK) is 0001852131, which identifies the company's filings on EDGAR.

Summary generated from market data by MetaCap's automated system. Methodology

What does Nextpower do?

Nextpower Inc. provides solar and energy technology solutions for utility-scale power plants in the United States and internationally. It 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. The company also provides TrueCapture, an energy yield management system that addresses power production shortfalls; NX Anchor and NX Earth Truss, a solar foundation technology to facilitate solar project development in challenging soil conditions; 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. It serves engineering, procurement, and construction firms, as well as solar project developers and owners. The company 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.

Business description based on the company's public filings.

Company information

Legal name
Nextpower Inc.
Ticker
NASDAQ: NXT
Industry
Semiconductors
CEO
Mr. Daniel S. Shugar
Employees
1,993
Headquarters
6200 Paseo Padre Parkway, Fremont, CA, United States
Phone
(510) 270-2500
IPO year
2023
Market cap
$13.37B
SEC CIK
0001852131
Latest annual report
10-K · May 19, 2026

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