Array Technologies (ARRY) J.P. Morgan 54th Annual Global Technology, Media and Communications Conference summary

Business overview and technology differentiation

• Provides utility-scale solar tracking technology that optimizes energy yield and protects modules from extreme weather using patented solutions like Passive Wind Stow and DuraTrack.

• Innovations include OmniTrack for challenging terrains, SkyLink for wireless deployment, and Hail-XP for hail protection, all managed by SmarTrack AI-driven software.

• DuraTrack D2s, a new two-row tracker platform, is tailored for international markets, leveraging acquired STI Norland technology.

AI and operational strategy

• AI is central to internal operations and product development, with designated "AI Champions" in each function to drive efficiency.

• AI initiatives include reducing customer response times from days to hours and enabling consultative, optimized solutions for clients.

• AI is also being integrated into next-generation controller technology for real-time plant insights.

M&A and market expansion

• M&A remains a strategic focus, with the APA acquisition broadening the portfolio to include foundation and fixed tilt solutions.

• APA's order book grew over 50% sequentially, driven by data center demand for fixed tilt solutions.

• International expansion is selective, targeting markets valuing technical differentiation, such as Turkey, Colombia, and Peru.