Array

Revolutionary Satellite Communication Antenna Offers Unprecedented Flexibility for Military Applications

Retrieved on: 
Thursday, November 30, 2023

Traditionally, satellite ground terminals have been designed to operate in a dedicated fashion on a specific communication satellite or network.

Key Points: 
  • Traditionally, satellite ground terminals have been designed to operate in a dedicated fashion on a specific communication satellite or network.
  • The phased array antenna is utilized as the feed for the parabolic reflector when operating on a GEO satellite and as a standalone antenna when operating on a LEO or MEO satellite.
  • This configuration also allows MONDO to function concurrently as a traditional parabolic antenna on a GEO satellite and as a traditional ESA on a LEO/MEO satellite.
  • PathFinder intends to license this innovative antenna design to antenna manufacturers," said Roger McGarrahan, CEO of PathFinder Digital.

Array Technologies, Inc. Reports Financial Results for the Third Quarter 2023 – Continues strong operational execution; announced Chief Financial Officer transition

Retrieved on: 
Tuesday, November 7, 2023

ALBUQUERQUE. N.M., Nov. 07, 2023 (GLOBE NEWSWIRE) -- Array Technologies (NASDAQ: ARRY) (“Array” or “the Company”), a leading provider of tracker solutions and services for utility-scale solar energy projects, today announced financial results for its third quarter ended September 30, 2023.

Key Points: 
  • N.M., Nov. 07, 2023 (GLOBE NEWSWIRE) -- Array Technologies (NASDAQ: ARRY) (“Array” or “the Company”), a leading provider of tracker solutions and services for utility-scale solar energy projects, today announced financial results for its third quarter ended September 30, 2023.
  • “Despite the near-term secular challenges which impacted our volume when compared to the prior year, Array again delivered another strong quarter across all of our key metrics.
  • We are seeing a steady increase in our domestic pipeline, which has more than doubled from the second quarter.
  • Today the Company also announced that Kurt Wood has been named Chief Financial Officer effective November 13, 2023.

Array Technologies Introduces Integrated Field Services and Customer Training Offerings to US Customers

Retrieved on: 
Friday, November 3, 2023

ALBUQUERQUE, N.M., Nov. 03, 2023 (GLOBE NEWSWIRE) -- Array Technologies (NASDAQ: ARRY) (“Array” or “the Company”), a global leader in utility-scale solar tracking solutions, is thrilled to announce the launch of its comprehensive Field Services and Customer Training solutions.

Key Points: 
  • ALBUQUERQUE, N.M., Nov. 03, 2023 (GLOBE NEWSWIRE) -- Array Technologies (NASDAQ: ARRY) (“Array” or “the Company”), a global leader in utility-scale solar tracking solutions, is thrilled to announce the launch of its comprehensive Field Services and Customer Training solutions.
  • Designed to meet the ever-evolving demands of the solar industry, these offerings tackle key challenges facing the industry to help reduce operational downtime and increase productivity and quality in the field.
  • “Our new services and training offerings embody Array's unwavering commitment to equip our clients with the skills and solutions they need for optimal solar farm operation,” said Kevin Hostetler, CEO of Array.
  • To help introduce these offerings, Array expanded its customer and product support teams over the last year, including hiring a director of training and development.

Gov. Lujan Grisham and Array Technologies Announce N.M. Expansion

Retrieved on: 
Thursday, November 2, 2023

Michelle Lujan Grisham and Array Technologies CEO Kevin Hostetler announced today that Array Technologies (NASDAQ: ARRY) (“Array” or “the Company”) has finalized plans for a major expansion that will solidify the Company’s New Mexico future with a new $50 million manufacturing campus in Bernalillo County that will keep hundreds of jobs secure for New Mexicans.

Key Points: 
  • Michelle Lujan Grisham and Array Technologies CEO Kevin Hostetler announced today that Array Technologies (NASDAQ: ARRY) (“Array” or “the Company”) has finalized plans for a major expansion that will solidify the Company’s New Mexico future with a new $50 million manufacturing campus in Bernalillo County that will keep hundreds of jobs secure for New Mexicans.
  • Array, one of New Mexico’s few publicly traded companies, got its start manufacturing solar tracker technology over 30 years ago in Albuquerque.
  • The 22-acre expansion will allow Array to hire nearly 100 new employees over the next several years.
  • The Albuquerque Regional Economic Alliance (AREA), a non-profit economic development organization, is assisting Array with site selection, labor-force, tax analysis, and strategic planning on its expansion.

Array and Jack Henry to Distribute Credit Management, Subscription Management, Online Privacy and Identity Protection Tools to Banno Customers and Users

Retrieved on: 
Wednesday, October 18, 2023

More than 800 community banks and credit unions and 10 million registered users on Banno will soon have access to these tools through a phased rollout.

Key Points: 
  • More than 800 community banks and credit unions and 10 million registered users on Banno will soon have access to these tools through a phased rollout.
  • “Array is laser-focused on delivering powerful financial tools that consumers love through the financial partners they trust,” said Martin Toha, Founder and CEO of Array.
  • “With this announcement, institutions on the Jack Henry Banno platform have four of the most popular personal finance tools within their digital experience.
  • Identity Protect - a free identity protection profile that notifies consumers when their compromised or stolen personal information is found.

Array and DCI Partner to Provide Credit Management and Financial Progress Tools to Community Bank Customers

Retrieved on: 
Monday, September 18, 2023

“Array is accelerating digital banking for community institutions by providing innovative technologies that can help strengthen relationships between financial institutions and their account holders,” said Sarah Fankhauser, DCI President and CEO.

Key Points: 
  • “Array is accelerating digital banking for community institutions by providing innovative technologies that can help strengthen relationships between financial institutions and their account holders,” said Sarah Fankhauser, DCI President and CEO.
  • ”Through our collaboration, we provide valuable new options to help bank consumers better manage and protect their financial wellbeing.”
    Array’s My Credit Manager enables users to view, understand and manage their credit information.
  • They can receive score change alerts, interact with a score simulator, and view credit score factors and debt analysis components.
  • Attendees will hear from thought leaders and learn more about what DCI and Array can do for community banks.

Array Technologies Strengthens Domestic Supply Chain Through Base Load Agreement with Steel Dynamics

Retrieved on: 
Tuesday, September 12, 2023

Steel Dynamics, headquartered in Fort Wayne, Ind., will source the coil from its flat roll steel mills located in Indiana, Mississippi, and Texas.

Key Points: 
  • Steel Dynamics, headquartered in Fort Wayne, Ind., will source the coil from its flat roll steel mills located in Indiana, Mississippi, and Texas.
  • "Array’s collaboration with Steel Dynamics is a powerful affirmation of our dedication to a robust and flexible domestic supply chain," said Kevin Hostetler, CEO of Array.
  • Steel Dynamics’ exclusive use of electric arc furnace technology produces lower-carbon emission, high-quality steel by using recycled ferrous scrap as the primary raw material.
  • Through this collaboration, Array is reinforcing its industry-leading position by enhancing supply chain reliability and expanding its domestic material offerings.

Long-standing Agreement Between Array Technologies and Extruded Aluminum Corporation Boosts US Manufacturing with Nearly $35 Million Investment in Michigan Facility Expansion

Retrieved on: 
Monday, September 11, 2023

EAC, based in Belding, Mich., manufactures multiple extrusion profiles that are highly recyclable and contain recycled aluminum within their extrusions, including structural fastening clamps.

Key Points: 
  • EAC, based in Belding, Mich., manufactures multiple extrusion profiles that are highly recyclable and contain recycled aluminum within their extrusions, including structural fastening clamps.
  • This manufacturing collaboration underscores Array's robust commitment to fostering a sustainable domestic supply chain while supporting economic development and job growth in Michigan.
  • This long-term collaboration supports EAC’s nearly $35 million dollar capital expansion, which includes adding 180,000 square feet to their existing facility and the addition of one of the largest aluminum presses in Michigan.
  • “We are excited to fortify our long-term partnership with Array Technologies,” said Charlie Hall, CEO of EAC.

Union Credit Wins Finovate Award for Top Emerging Fintech Company

Retrieved on: 
Tuesday, September 12, 2023

Union Credit , the first marketplace for credit unions to make firm, one-click credit offers at the point of purchase, wins 2023 Finovate award for Top Emerging Fintech Company.

Key Points: 
  • Union Credit , the first marketplace for credit unions to make firm, one-click credit offers at the point of purchase, wins 2023 Finovate award for Top Emerging Fintech Company.
  • Union Credit also formed a key partnership with Zest.ai , to allow credit unions to leverage the Zest model to extend fairer and more inclusive credit access to all consumers.
  • Forward-thinking credit unions of all sizes, including America’s Credit Union , Teachers Federal Credit Union , Jovia Financial Credit Union , and more, are already participating in the marketplace.
  • Dave Buerger , CEO of Union Credit, said “Union Credit’s co-founder, Barry Kirby , and I have each spent more than 20 years in the credit union space and are strong credit union advocates.

Array Behavioral Care Bolsters Executive Team to Address Soaring Mental Health Needs Through Improved Access, Quality of Care

Retrieved on: 
Wednesday, September 6, 2023

Demand for mental health care remains high in acute care and community outpatient settings, where capacity is significantly constrained.

Key Points: 
  • Demand for mental health care remains high in acute care and community outpatient settings, where capacity is significantly constrained.
  • Less than one-third of all mental health needs are being met nationwide, according to research conducted by the U.S. Department of Health & Human Services.
  • Array pioneered this industry, with Array Co-founder Dr. Jim Varrell performing one of the industry’s first telepsychiatry encounters in 1999.
  • Today more than 90 million Americans in all 50 states can access Array’s timely, quality behavioral health care services in hospitals, community clinics, primary care offices, and at home.