| Market Capitalization (Millions $) |
2,016 |
| Shares
Outstanding (Millions) |
213 |
| Employees |
280 |
| Revenues (TTM) (Millions $) |
57 |
| Net Income (TTM) (Millions $) |
-125 |
| Cash Flow (TTM) (Millions $) |
53 |
| Capital Exp. (TTM) (Millions $) |
2 |
Navitas Semiconductor Corporation
We create, develop, and sell power integrated circuits (ICs) made of gallium nitride (GaN) that are utilized in power conversion and charging. Power supplies utilizing our products may be found in a wide range of electronic devices, such as quick chargers for mobile phones and laptops, consumer electronics, data centers, solar inverters, and electric cars, among many others.
Our products provide superior efficiency, performance, size, cost and sustainability relative to existing silicon technology. Our solutions offer faster charging, higher power density and greater energy savings compared to silicon-based power systems with the same output power. By unlocking this speed and efficiency, Navitas is leading a revolution in high-frequency, high-efficiency and high-density power electronics to electrify our world for a cleaner tomorrow.
Converting power efficiently has emerged as a critical challenge as the electrification of our planet continues amid pursuit of a reduced carbon footprint. Electric vehicles, renewable energy, large-scale data processing and other applications all demand power and charging infrastructures with greater speed and efficiency than status-quo silicon technology. Navitas' integrated circuits solve complex and demanding challenges that are inherent in power conversion by unlocking both speed and efficiency. Since our founding in 2013, we have successfully harnessed the fundamentally superior material properties of GaN to enable cost savings and enhanced power conversion through product integration, reducing the amount of space needed to support multiple requirements while dramatically increasing charging speeds.With ten times stronger electrical fields and twice the electron mobility compared to silicon, GaN is ideally suited for disrupting power switching applications, but challenges around manufacturing quality and reliability make commercialization difficult. By developing a fully qualified manufacturing process with over one billion device hours tested, Navitas has overcome these key hurdles to successfully and reliably integrate the critical drive, control and protection circuits into a single chip, enabling mainstream GaN adoption and unlocking the full potential of GaN in speed, efficiency, simplicity and cost. Navitas estimates show that GaN-based power systems can provide 20x faster switching, up to 3x higher power density, 3x faster charging, up to 40% energy savings and are 3x smaller and lighter compared to silicon-based power systems.Navitas' best-in-class ICs allow end customers to implement GaN technology with a simple, dependable solution to realize groundbreaking power density and efficiency. We are developing a differentiated GaN power IC platform utilizing decades of power semiconductor technical expertise, robust applications knowledge and strong end customer relationships. We believe our competitive strengths and robust IP portfolio of over 145 issued and pending patents have enabled us to establish a leading market position in GaN power semiconductors.
Company Address: 3520 Challenger Street Torrance, 90503 CA
Company Phone Number: 654-2642 Stock Exchange / Ticker: NASDAQ NVTS
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4.58%