FTC Solar
Highly Engaged Employees
Highly Engaged EmployeesIndustrial Machinery & Equipment · Texas, United States · 201-500 Employees
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Overview
Headquarters
10900 Stonelake Blvd Ste 100, Austin, Te...Phone Number
(512) 481-4271Website
www.ftcsolar.comRevenue
$102.3 MillionStock Symbol
FTCIIndustry
ZI Rank: 1
Signal Type
Mar
Apr
May
Jun
Jul
Aug
ZI Rank
1
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About FTC Solar
FTC Solar is a global provider of solar tracker systems supported by proprietary software and engineering services. Its 1P Pioneer and 2P Voyager trackers optimize solar panel orientation to maximize energy production for utility-scale and distributed solar projects. Software offerings include SUNPATH and SUNOPS. Founded in 2017 and headquartered in Austin, TX, the company acquired Alpha Steel in 2025 to add U.S. manufacturing capability, serving EPC firms, developers, and owners worldwide.Explore more
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Revenue
Number of Employees
Type
Funding
Founded In
Company Profile Activity
Activity Insights
FTC Solar is experiencing very low activity levels compared to other companies in the Manufacturing sector.
What does this means?
FTC Solar is drawing exceptional interest within the Manufacturing industry, suggesting notable developments or strong market momentum, learn more about FTC Solar.
FTC Solar financials insights
Gather financial insights about FTC Solar, including details on funding rounds, investors, total funding, and acquisitions, to gain a comprehensive understanding of their financial strategy.
2020
Debt
$350K
2024
Debt
$15M
2025
Other Financing Round
$75M
FTC Solar Tech Stack
A closer look at the technologies used by FTC Solar
Most Recent Scoops
Pain Point
ended Q2 with approximately $11.2 million in cash, falling short of the minimum unrestricted cash covenant of $15 million under its credit agreement, and was also not in compliance with the required minimum direct margin covenant for the quarter. While lenders have provided waivers for these Q2 covenants, all outstanding borrowings under the credit agreement have been classified as current liabilities as of June 30 as a result of the associated accounting treatment.
Accounting, Compliance, Financial Reporting, Finance, Financing & Debt
Facilities Relocation / Expansion
FTC Solar has entered the India market and has already secured multiple initial projects there, ranging from pilot size to over 100 MW, with shipments in the region ongoing in 2026.
Proof of Concept (POC), Business Development
Event
hosted its first robotics day at the company's Austin training facility last month, bringing together more than 100 attendees from robotic companies, EPCs, developers, and technology partners, with live demonstrations covering module installation, fastening, pile installation, quality control, and material handling.
Events, Machinery
Person-Based
Earnings, Finance
Earnings
Earnings, Finance
FTC Solar News & Media
Linxon, Hitachi Energy and FTC Solar Announce Strategic Collaboration to Accelerate Utility-Scale Renewable Energy and Grid Infrastructure Development
RALEIGH, N.C., Sept. 29, 2026 (GLOBE NEWSWIRE) -- Linxon, Hitachi Energy and FTC Solar (Nasdaq: FTCI) today announced the signing of a Memorandum of Understanding (MoU) establishing a strategic collaboration framework to jointly pursue and deliver utility-scale solar and battery energy storage system (BESS) projects across North America and other mutually agreed markets.FTC Solar to Begin Deliveries on 80+MW Sybella Project in Australia
AUSTIN, Texas, Sept. 15, 2026 (GLOBE NEWSWIRE) -- FTC Solar, Inc. (Nasdaq: FTCI), a leading provider of solar tracker systems, software, and engineering services, announced today that it has received notice to begin production for the Sybella Creek Solar Farm in Queensland, Australia. First deliveries are approved to commence at the end of 2026 into early 2027.FTC Solar Begins Shipments on 330 MW Fraser Coast Project in Australia
FTC Solar begins shipments on 330MW project in Queensland, Australia. It's the largest solar hybrid battery project ever built by GPG Australia.FTC Solar to Participate in Upcoming Investor Events
AUSTIN, Texas, Sept. 08, 2026 (GLOBE NEWSWIRE) -- FTC Solar, Inc. (Nasdaq: FTCI), a leading provider of solar tracker systems, software and engineering services, announced today that members of its management team are scheduled to participate in meetings with investors at the following upcoming conferences and events:
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Frequently Asked Questions Regarding FTC Solar
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FTC Solar is a global provider of solar tracker systems supported by proprietary software and engineering services. Its 1P Pioneer and 2P Voyager trackers optimize solar panel orientation to maximize energy production for utility-scale and distributed solar projects. Software offerings include SUNPATH and SUNOPS. Founded in 2017 and headquartered i... Read More
