FTC Solar, Inc.

FTC Solar, Inc. (Nasdaq: FTCI) is a global provider of solar tracker systems supported by proprietary software and value-added engineering services. The company designs and manufactures single-axis solar tracking solutions that optimize the orientation of solar panels throughout the day to maximize energy production at utility-scale and distributed generation solar installations. FTC Solar operates primarily in one business segment focused on manufacturing and servicing solar tracker systems.

The company's primary product offerings include the Pioneer brand one-module-in-portrait tracker system and the Voyager brand two-modules-in-portrait tracker system, both engineered for various terrain types and environmental conditions. These trackers are complemented by software solutions including SUNPATH, which optimizes solar tracking for increased energy production, and SUNOPS, a real-time operations management platform. The company also provides engineering services including site layout, structural design, and pile testing across the solar project development and construction cycle.

FTC Solar generates revenue from both product sales of tracker systems and customized components, as well as service revenue from engineering consulting, software licensing, and maintenance support. The company serves primarily engineering, procurement and construction companies, developers, and project owners globally. As of December 31, 2025, FTC Solar employed 232 people across operations, research and development, sales and marketing, and general and administrative functions, with significant headcount located in India, the United States, China, and Australia.

The company expanded its manufacturing capabilities in November 2025 through the acquisition of Alpha Steel, enabling domestic production of torque tubes, rails, couplers and other components primarily for the U.S. market. FTC Solar maintains a diversified supplier base across the United States, India, China, Thailand and other countries. The company holds 58 patents across multiple jurisdictions and maintains trademarks including Voyager Tracker, Pioneer Tracker, SUNPATH, and SUNOPS. Founded in 2017 and headquartered in Austin, Texas, FTC Solar completed its initial public offering in April 2021 and maintains international subsidiaries in Australia, China, India, South Africa and Spain.