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Array Technologies (ARRY) announced its strategic $3M investment in Swap Robotics, a utility-scale solar robotic operations, maintenance, and automation solutions company.
ALBUQUERQUE, N.M., Nov. 18, 2024 (GLOBE NEWSWIRE) -- ARRAY Technologies (ARRY) (“ARRAY” or the “Company”), a global leader in solar tracker technology, is proud to announce its strategic ...
--ARRAY Technologies, a global leader in solar tracker technology, is proud to announce its strategic $3 million investment in Swap Robotics, a pioneer in utility-scale solar robotic operations ...
Under the investment agreement, ARRAY has agreed to provide two additional investments of $1 million each if Swap attains certain agreed-upon milestones.
US solar tracker supplier Array Technologies has invested US$3 million in autonomous robotics company Swap Robotics.
"Swap Robotics is developing a disruptive technology that perfectly fits with our mission to innovate and lead in the solar industry,” said Kevin G. Hostetler, chief executive officer at ARRAY. "As ...
Swap Robotics is currently in the process of closing a pre–Series A funding round targeting strategic investors, including ARRAY. With this investment, ARRAY positions itself at the forefront of ...
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