Nextracker beats Q2 revenue estimates, expands into robotics and AI

US firm Nextracker launches new AI and robotics business

The launch of Nextracker’s new AI and robotics business initiative is anchored by the appointment of its first chief AI and robotics officer and a series of strategic technology acquisitions.

Nextracker beats Q2 revenue estimates, expands into robotics and AI

The solar tracker manufacturer invested over $400 million to acquire three robotics technologies.U.S. solar tracker manufacturer Nextracker acquired three robotics technologies in an investment of over $40 million. The company also announced its latest quarterly earnings, reporting $864 million in revenue and a gross profit of $282 million in Q2 2025. Robotics and AI business initiative Nextracker said it invested over $40 million to acquire thr…

Nextracker launches robotics division with OnSight Technology acquisition

Nextracker, a solar tracker and related technologies provider, has launched a new artificial intelligence and robotics business initiative. Over the last year, the company has invested over $40 million to acquire three AI and robotics technologies. These acquisitions build on Nextracker’s end-to-end digital platform for solar power plant deployment. Nextracker acquired OnSight Technology, an autonomous… The post Nextracker launches robotics divi…

Nextracker moves into AI and robotics, posts US$864 million in revenue

US solar tracker manufacturer Nextracker recorded revenues of US$864 million and a gross margin of 32.6% in the quarter ending June 27, 2025.