FTC Solar, Inc.
Close on Oct 19, 2026
- Market cap
- $25.20M
- P/E (TTM)
- –
- Dividend yield
- –
About FTC Solar
Semiconductors & Related Devices, SIC 3674
FTC Solar, Inc. provides solar tracker systems, proprietary software, and engineering services for utility-scale and distributed generation solar projects globally. Its solar trackers orient solar panels throughout the day to optimize sunlight exposure and enhance energy yield. The company offers single-axis tracker architectures including the Pioneer one module-in-portrait and Voyager two modules-in-portrait systems, alongside a specialized mounting solution for U.S.-produced thin-film panels. Its software suite features the SUNPATH tracking optimization application and the SUNOPS real-time operational management platform. FTC Solar also delivers engineering support such as structural design, site layouts, and pile testing. The company primarily serves engineering, procurement, and construction contractors, as well as solar project developers and facility owners.
Headquartered in Austin, Texas, the company operates across international markets through operating subsidiaries located in Australia, China, India, South Africa, and Spain. Additionally, the company acquired Alpha Steel LLC to support its operations.
Summary of the business section of FTC Solar's latest annual report, written by StockData.
Company profile
Company
- Legal name
- FTC Solar, Inc.
- Founded
- 2017
- Headquarters
- Austin, TX
- Address
- 10900 Stonelake Blvd., Suite 100 Quarry Oaks Ii Building
- Phone
- (907) 312-0717
- Employees
- 232, Dec 31, 2025
- Industry
- Semiconductors & Related Devices
- Incorporated in
- Delaware
- Fiscal year ends
- December 31
- Auditor
- BDO USA, P.C., Austin, Texas
Stock & identifiers
- Ticker
- FTCI
- Exchange
- Nasdaq
- IPO date
- Apr 29, 2021
- Shares outstanding
- 16M, Jul 31, 2026
- Public float
- $38.13M, Jun 30, 2025
- Filer category
- <br>Emerging growth company
- Stock splits
- 1-for-10 reverse, Mar 31, 2025; 1-for-10 reverse, Dec 2, 2024
- SEC CIK
- 1828161
- CUSIP
- 30320C103
- ISIN
- US30320C1036
- LEI
- 5493009MODNZ2HMPX761
- EIN
- 81-4816270
Executives and directors
Officers and directors who filed ownership reports (Forms 3, 4, 5) in the last two years
| Name | Position | Shares owned |
|---|---|---|
| Anthony Carroll | Chief Executive Officer, Director | 666,200 |
| Yann Brandt | Chief Executive Officer, Director | 776,425 |
| Sasan Aminpour | Chief Operating Officer | 269,734 |
| Cathy Behnen | CHIEF FINANCIAL OFFICER | 143,534 |
| Shaker Sadasivam | Director | 557,184 |
| Antonio R. Alvarez | Director | 51,283 |
| David Springer | Director | 722,209 |
| Ahmad R. Chatila | Director | 237,812 |
| Darrell B. Jackson | Director | 9,045 |
| Pablo Barahona | Director | 30,005 |
| William A. Priddy | Director | 55,871 |
| Lisan Hung | Director | 46,207 |
| Maximillian Sultan | Director | – |
Employees
Headcount reported in annual reports
“Our employees at each year end were located in the following countries: … Total headcount at period end 232 202”
Corporate history
Events identified from SEC filings
| Date | Event | Details |
|---|---|---|
| Jun 24, 2024 | Listing notice | Notice of delisting or failure to satisfy a listing rule (8-K Item 3.01) |
| May 30, 2024 | Listing notice | Notice of delisting or failure to satisfy a listing rule (8-K Item 3.01) |
| Dec 29, 2023 | Listing notice | Notice of delisting or failure to satisfy a listing rule (8-K Item 3.01) |
| Apr 6, 2023 | Auditor change | Change in certifying accountant (8-K Item 4.01) |
| Jun 29, 2021 | Acquisition / sale | Completion of acquisition or disposition of assets (8-K Item 2.01) |
| Apr 29, 2021 | IPO | Initial public offering priced (424B4 prospectus) |
| Apr 19, 2021 | Listing | Registration of securities on an exchange (Form 8-A) |