Array Technologies, Inc.
For the period ended Aug 31, 2026. Filed Aug 31, 2026.
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A notice of a major event between regular reports, such as results, a deal or a change of executives. It is often the first formal record of the news.
Aug 31, 2026 · Filed Aug 31, 2026
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EX-99.1 · ARRAY Technologies Completes Acquisition of Affordable Wire Management, Expanding Balance-of-System Strategy
ARRAY Technologies Completes Acquisition of Affordable Wire Management, Expanding Balance-of-System Strategy
Strategic acquisition adds high margin cable management product portfolio, creating new growth opportunities across solar, energy storage, and datacenter applications
ALBUQUERQUE, NM, August 31, 2026—ARRAY Technologies (NASDAQ: ARRY) (“ARRAY” or the “Company”), a leading global provider of solar tracking technology and fixed-tilt products, foundation solutions, software systems and services, today announced the successful completion of its acquisition of Affordable Wire Management, LLC (“AWM”), a leading provider of wire management, cable protection, and balance-of-system solutions for utility-scale solar and energy storage projects.
The strategic acquisition broadens ARRAY’s portfolio of complementary balance-of-system solutions, strengthens its ability to serve utility-scale solar and distributed generation customers, and is expected to create new growth opportunities in battery energy storage and datacenter infrastructure.
“This is an important milestone for ARRAY and another step in our strategy to provide customers with a more comprehensive, integrated portfolio of solutions,” said Kevin G. Hostetler, Chief Executive Officer of ARRAY. “AWM brings innovative products, strong engineering capabilities, a reputation for quality and customer service, and an experienced and proven leadership team. Together, we believe we are better positioned to simplify project design and installation, improve system performance, and deliver greater value across solar, storage, and datacenter markets.”
AWM’s products organize, secure, and protect electrical wiring to improve system reliability, safety, installation efficiency, and long-term performance. Its proprietary designs are engineered to provide greater durability, enhanced thermal management, and lower resistive losses than conventional solutions.
“We are incredibly excited for AWM’s future as we officially join ARRAY,” said Scott Rand, Chief Executive Officer and co-founder of AWM. “ARRAY’s scale, customer relationships, and global reach provide a strong platform to accelerate our growth and bring AWM’s solutions to more customers. Our teams share a culture of innovation and a relentless focus on the customer, and we look forward to the opportunities ahead.”
“Combining AWM’s wire management and balance-of-system products with ARRAY’s tracking, fixed-tilt, and foundation platform creates compelling opportunities to deliver integrated solutions engineered to work together,” said Dan Smith, Chief Technology Officer and co-founder of AWM. “We believe this combination will enable us to simplify design, improve installation, and reduce costs for customers.”
The acquisition is expected to be at least high single digit accretive to ARRAY’s Adjusted EPS in the first year before synergies.
For more information about ARRAY Technologies and its industry-leading solar tracking solutions, visit www.arraytechinc.com.
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