NEXTracker Acquires BrightBox Technologies

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NEXTracker Acquires BrightBox Technologies

September 1, 2016 Anand Gupta

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NEXTracker, a Flex company, recently announced its acquisition of BrightBox Technologies, Inc., a leader in predictive modeling software and machine-learning technologies. This acquisition expands NEXTracker’s technology leadership and adds a first mover capability for advanced diagnostics and real-time control of solar tracking systems. The added capability will deliver accelerated commissioning time and increased energy yield of NEXTracker systems globally.

“This acquisition amplifies NEXTracker’s software engineering resources, including the addition of cofounders Allan Daly and Dr. Francesco Borrelli, a renowned expert in modeling and predictive control software systems,” said NEXTracker CEO Dan Shugar. “The team has a rich history in the optimization of complex energy efficiency systems, advanced control of autonomous vehicles, and development of other pioneering feedback-based software.” Shugar added, “This innovative platform builds on our existing wireless monitoring infrastructure that is being used to monitor the real-time angle and motor current of each and every tracker row we’ve deployed since 2013.