Array Technologies Inc. (9AY)
XDUS 
Summary
9AY Chart
Array Technologies, Inc. (ARRY) Suffers a Larger Drop Than the General Market: Key Insights
Array Technologies, Inc. (ARRY) concluded the recent trading session at $3.38, signifying a -5.32% move from its prior day's close.
Implied Volatility Surging for Array Technologies Stock Options
Investors need to pay close attention to ARRY stock based on the movements in the options market lately.
Array Technologies, Inc. (ARRY) Stock Sinks As Market Gains: Here's Why
Array Technologies, Inc. (ARRY) reached $3.9 at the closing of the latest trading day, reflecting a -4.41% change compared to its last close.
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Array Technologies Inc. Profile
| Technology Hardware, Storage & Peripherals Industry | Information Technology Sector | Kevin G. Hostetler CEO | XDUS Exchange | US04271T1007 ISIN |
| US Country | 1,200 Employees | - Last Dividend | - Last Split | - IPO Date |
Overview
Array Technologies, Inc. is a prominent manufacturer and supplier of ground-mounting tracking systems for solar energy projects. Operating primarily in the United States, the company also has a significant international presence in countries including Spain, Brazil, and Australia. Founded in 1987 and headquartered in Albuquerque, New Mexico, Array Technologies segments its operations into Array Legacy Operations and STI Operations. With a commitment to enhancing solar energy efficiency, the company has established itself as a leader in solar tracking technology, contributing to the global transition towards sustainable energy.
Products and Services
- DuraTrack HZ v3 - This product represents a single-axis solar tracker designed to increase the efficiency of solar panels by following the sun's trajectory across the sky. It’s engineered to reduce the cost of solar energy production, making it a vital component for large-scale solar energy projects.
- Array STI H250 - Aimed at delivering a lower levelized cost of energy (LCOE), the STI H250 is a solar tracker system that focuses on cost-effectiveness without compromising performance. Its innovative design and functionality make it suitable for a wide range of solar energy applications.
- Array OmniTrack - Although the description in the provided text does not specify, given the context, it can be inferred that the Array OmniTrack is another innovative tracking solution designed to enhance the performance of solar arrays. Its inclusion in the product lineup suggests its role in addressing specific market needs or challenges within the solar industry.
- SmarTrack - This software product is a testament to Array Technologies' commitment to leveraging technology to enhance solar energy production. Utilizing site-specific historical weather and energy production data, along with machine learning algorithms, SmarTrack optimizes the positioning of solar arrays in real-time. This maximizes energy production, ensuring that solar energy projects achieve optimal efficiency and output.
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