Fremont, California, July 29, 2025– (Business Wire) – Nextracker (NASDAQ: NXT), a leading solar technology platform provider, today announced the launch of a new AI and Robotics Business Initiative, locked in by the appointment of the first Chief AI and Robotics Head and a series of strategic technology acquisitions. Over the past four quarters, the company has invested over $40 million to acquire three AI and robotics technologies. These acquisitions will strengthen Nextracker's end-to-end digital platform, enhancing the deployment, quality, reliability and long-term return on investment (ROI) of asset owners' solar power plants.
Nextracker has appointed Dr. Francesco Borrelli as Chief AI and Robot Officer. A pioneer in predictive control systems, Dr. Borelli brings decades of experience in developing and commercializing autonomous technologies across the robotics, automotive, and industrial sectors. In his new role, he will guide AI, machine learning and advanced robotics integration into Nextracker products and solutions, supporting global scalability and long-term innovation.
“We're committed to providing a range of services to our customers,” said Dan Shugar, founder and CEO of Nextracker. “Dr. Boreli is able to lead this evolution by bringing vision and expertise, delivering deeper insights, timely and sharper action and greater customer ROI across our global technology platform.”
“Scaling solar to meet global energy needs requires a new level of autonomy in the way power plants are built and operated,” says Dr. Borelli. “We are excited to be part of this role with Nextracker and help us lead the integration of AI and robotics. We will attach field data to real-time actions that will drive solar plant performance, reduce risk and accelerate deployment.”
Nextracker has acquired OnSight Technology, a pioneer in solar power plants' autonomous robotic inspection and fire detection systems, as a key component of its digital and robotics technology platform. Onsight's AI-driven tools enable predictive maintenance by identifying and predicting common mechanical and electrical failures. Responsible for asset owners reduces operational risk, improves uptime and proactively manages site health. A team of Onsight's robotics engineers, field operations specialists and product developers have joined Nextracker, and Onsight products are currently on the market in the US with a global rollout planned next year.
“To join Nextracker is an exciting new chapter in Onsight technology,” said Derek Chase, CEO of OnSight. “From day one, our mission has been to bring advanced robotics and intelligence into the solar sector. Together with Nextracker, we can provide smarter diagnostics at scale to improve response times, reduce risk and enhance ROI.”
Nextracker has also previously announced two privately-exclusive complementary acquisitions.
Sensehawk IP (August 2024): An IP that allows you to create high-resolution 3D AS maps for solar project sites using AI-enabled drone captured images. Maps support accurate geolocation and digital model alignment to enhance site commissioning and integration with optimization software such as TrueCapture®.
Amir Robotics (March 2025): Developer of lightweight, waterless robotic cleaning technology designed for daily operations at large solar sites. This innovative solution has been integrated into Nextracker's existing data infrastructure, reducing soil-related yield losses and is currently being tested on several commercial sites.
“Integrating robots and AI into Nextracker's technology platform is a smart move,” said Sheldon Kimber, CEO of Intersect Power. “We are adopting Onsight's robotics inspection technology early and believe that Nextracker has the expertise and global footprint to expand these types of products and services to the multi-gigawatt deployment level.”
For more information, please contact insidesales@nextracker.com. Watch this video to see how these systems work in utility-scale solar power plants.
About Nextracker
Nextracker innovates and delivers leading solar power technology platforms with integrated trackers, electrical solutions, and yield management and control systems for utility-scale and distributed generation projects. Our advanced technology allows solar power plants to follow the movement of the sun across the sky and optimize performance. Operating in more than 40 countries around the world, Nextracker offers innovative solutions that accelerate solar power plants construction, increase energy output and increase long-term reliability. For more information, see Nextracker. Follow us on LinkedIn, YouTube, Instagram, X and Facebook.
Forward-looking statements
This press release contains forward-looking statements in the meaning of the Private Securities Litigation Reform Act of 1995. This includes statements relating to future solar adoption trends that AI and robotics will fulfill, as well as the expected benefits of recent AI and robotics (which will enable NEXTracker customers to integrate into NEXTRACKERES). These forward-looking statements are based on various assumptions and current expectations of Nextracker's management. These statements include risks and uncertainties that may cause actual results to differ materially from those predicted by these forward-looking statements, such as the results of financial position discussions and analysis and manipulation, as well as risks and uncertainties as explained in Nextracker's latest quarterly quarterly quarterly reports. There may be additional risks that Nextracker does not recognize or believe that Nextracker currently believes that actual results may differ from those of forward-looking statements. Readers are careful not to undue reliance on these forward-looking statements. Nextracker has no obligation to update these forward-looking statements.
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