Semiconductor veteran brings decades of experience in sales, operations and business leadership.Positions Navitas for expected growth in AI data center as well as energy infrastructure and other industrial markets poised for GaN- and SiC-based electrification. TORRANCE, Calif., Aug. 25, 2025 (GLOBE NEWSWIRE) -- Navitas Semiconductor (Nasdaq: NVTS), the only pure-play, next-generation power semiconductor company and industry leader in gallium nitride (GaN) power ICs and silicon carbide (SiC) technology, toda ...

Core Viewpoint - Navitas Semiconductor reported its Q2 2025 financial results, highlighting a strategic focus on AI data centers and energy infrastructure, supported by a $100 million capital raise and new manufacturing partnerships [2][6][7]. Financial Highlights - Total revenue for Q2 2025 was $14.5 million, a decrease from $20.5 million in Q2 2024 and a slight increase from $14.0 million in Q1 2025 [7]. - GAAP loss from operations was $21.7 million, improved from a loss of $31.1 million in Q2 2024 and a loss of $25.3 million in Q1 2025 [7]. - Cash and cash equivalents increased to $161.2 million as of June 30, 2025 [7]. Market, Customer, and Technology Highlights - Navitas is focusing on AI data centers and energy infrastructure, leveraging partnerships with NVIDIA and others [2][6]. - The company estimates that GaN and SiC technologies can support a 100x increase in server rack power capacity for AI data centers, with a projected market potential of $2.6 billion by 2030 [2]. - Navitas has developed a new market for GaN mobile chargers and aims to expand into AI data centers and energy infrastructure [2]. Near Term Business Outlook - Q3 2025 net revenues are expected to be around $10.0 million, with a non-GAAP gross margin projected at 38.5% [8]. - Non-GAAP operating expenses for Q3 2025 are anticipated to be approximately $15.5 million [8]. - The company plans to reduce revenue dependence on mobile, consumer, and appliance sectors while increasing focus on AI data centers and energy infrastructure [6]. Strategic Developments - Navitas announced a partnership with Powerchip for manufacturing 200mm (8") GaN, aimed at reducing costs and increasing capacity [6]. - The company continues to lead in the high-end mobile GaN charger market, collaborating with Xiaomi to deliver a compact 90W charger [6].

Core Viewpoint - Navitas Semiconductor will report its second quarter 2025 financial results on August 4, 2025, followed by a conference call and webcast for financial analysts [1][2]. Group 1: Financial Reporting - The financial results will be announced after market close on August 4, 2025 [1]. - A conference call will take place at 2:00 p.m. Pacific / 5:00 p.m. Eastern on the same day [2]. - The call will include a live webcast and a replay will be available on the company's Investor Relations website [2]. Group 2: Company Overview - Navitas Semiconductor, founded in 2014, is a pure-play next-generation power-semiconductor company [3]. - The company specializes in GaNFast™ power ICs that utilize gallium nitride (GaN) technology for faster charging and energy efficiency [3]. - Navitas also offers GeneSiC™ power devices, which are high-power, high-voltage silicon carbide (SiC) solutions [3]. - The company holds over 300 patents and offers a 20-year warranty on its GaNFast products [3]. - Navitas is recognized as the first semiconductor company to achieve CarbonNeutral® certification [3].

Group 1 - Navitas Semiconductor is a pure-play, next-generation power semiconductor company specializing in gallium nitride (GaN) power ICs and silicon carbide (SiC) technology [1][2] - The company will participate in the CJS Securities 25th Annual "New Ideas" Summer Conference on July 10th, 2025, with a presentation scheduled from 10:00-10:45 ET [1] - Navitas has over 300 patents issued or pending and offers the industry's first and only 20-year GaNFast warranty [2] Group 2 - The focus markets for Navitas include AI datacenters, electric vehicles (EV), solar energy, energy storage, home appliances, industrial applications, mobile, and consumer electronics [2] - Navitas was the first semiconductor company to achieve CarbonNeutral® certification [2]

Core Viewpoint - Navitas Semiconductor has announced a strategic partnership with Powerchip Semiconductor Manufacturing Corporation to enhance the production of 200mm GaN-on-silicon technology, aiming to strengthen supply chains, drive innovation, and improve cost efficiency in various markets including AI data centers, electric vehicles (EVs), solar energy, and home appliances [1][6]. Company Overview - Navitas Semiconductor specializes in next-generation power semiconductors, particularly GaNFast™ gallium nitride and GeneSiC™ silicon carbide technologies, and has been operational for 10 years since its founding in 2014 [8]. - Powerchip Semiconductor Manufacturing Corporation is a Taiwanese foundry that develops and manufactures advanced semiconductor components, operating multiple wafer fabs since its establishment in 1994 [7]. Strategic Partnership - The partnership with Powerchip will utilize its 200mm fabrication capabilities at Fab 8B in Taiwan, which has been operational since 2019 and supports high-volume manufacturing processes for GaN [2]. - Powerchip's advanced 180nm CMOS process will enable the production of smaller, more efficient devices, enhancing performance and cost-effectiveness [3]. Product Development and Market Demand - Navitas' GaN portfolio will include voltage ratings from 100V to 650V, catering to the increasing demand for GaN in 48V infrastructure, particularly for hyper-scale AI data centers and EVs [4]. - Initial device qualification is anticipated in Q4 2025, with production of the 100V family expected to commence in the first half of 2026 [4]. Recent Collaborations and Innovations - Navitas has recently collaborated with NVIDIA to support GaN and SiC technologies for high-voltage direct current (HVDC) architectures and has partnered with Enphase and Changan Automobile for integrating GaN technology into their products [5]. Future Outlook - The partnership is expected to drive sustained progress in product performance, technological evolution, and cost efficiency, positioning both companies for future growth in the GaN market [6].

Core Insights - Navitas Semiconductor has been awarded the 'Outstanding Technical Collaboration Award' by VREMT Energy, a subsidiary of Geely, recognizing its leadership in GaN and SiC power semiconductors for the EV industry [1][5]. Company Overview - Navitas Semiconductor is a pure-play power-semiconductor company founded in 2014, specializing in GaNFast™ power ICs and GeneSiC™ power devices, focusing on high-efficiency applications in various markets including EVs, AI data centers, and energy storage [6]. Technological Advancements - A joint R&D laboratory has been established between VREMT and Navitas to enhance EV power-system developments, utilizing Navitas' GaNFast power ICs and GeneSiC power MOSFETs for improved efficiency and performance in electric vehicles [2]. - Navitas has introduced the first automotive 'AEC-Plus' qualified SiC MOSFETs in a new HV-T2PaK package, providing enhanced reliability for automotive and industrial applications [3]. - The GaNSafe™ ICs, recently launched, achieve AEC-Q100 and AEC-Q101 qualifications, integrating advanced features for high-power applications, including short-circuit protection and ESD protection [4]. Market Impact - Navitas' technologies are empowering major automotive OEMs such as ZEEKR, Volvo, and SMART, contributing to the advancement of next-generation electric vehicles [11].

Core Insights - Navitas Semiconductor has appointed Cristiano Amoruso to its board of directors, effective immediately, which is seen as a strategic move to enhance corporate governance and accelerate profitability [1][3] - Amoruso has a strong background in the technology and renewable energy sectors, having previously served as CEO of Suniva, Inc. and as a partner at Lion Point Capital, L.P. [2] - The company aims to leverage Amoruso's experience to capture significant market opportunities in the gallium nitride (GaN) and silicon carbide (SiC) sectors, particularly in power-intensive applications [3] Company Overview - Navitas Semiconductor is a pure-play, next-generation power semiconductor company, founded in 2014, specializing in GaN and SiC technologies [6] - The company offers GaNFast™ power ICs and GeneSiC™ power devices, focusing on markets such as data centers, electric vehicles, solar energy, and energy storage [6] - Navitas holds over 300 patents and was the first semiconductor company to achieve CarbonNeutral® certification [6]

Core Insights - Navitas Semiconductor reported its unaudited financial results for Q1 2025, highlighting significant technological advancements and a strategic position for future growth [1][2]. Financial Highlights - Total revenue for Q1 2025 was $14.0 million, a decrease from $23.2 million in Q1 2024 and $18.0 million in Q4 2024 [8]. - GAAP loss from operations was $25.3 million, improved from a loss of $31.6 million in Q1 2024 and $39.0 million in Q4 2024 [8]. - Cash and cash equivalents stood at $75.1 million as of March 31, 2025 [8]. Market, Customer, and Technology Highlights - The company achieved several industry firsts, including the production release of GaN bi-directional ICs and a 12 kW AI data center power supply platform [2]. - Cumulative GaN shipments exceeded 250 million since 2018, demonstrating a reliability track record of 100 parts per billion (ppb) [7]. - GeneSiC technology has shown reliability exceeding automotive standards, with ultra-high voltage capabilities ranging from 2.3 kV to 6.5 kV, targeting commercial EVs and new energy markets [7]. Business Outlook - For Q2 2025, net revenues are projected to be between $14.0 million and $15.0 million, with a non-GAAP gross margin expected at approximately 38.5% [5]. - Non-GAAP operating expenses for Q2 2025 are anticipated to be around $15.5 million [5].

Core Insights - Navitas Semiconductor introduces a new level of reliability in power semiconductor technology, specifically targeting automotive and industrial applications with its latest generation of SiC MOSFETs [1][3][4] Group 1: Product Features - The new HV-T2Pak SiC MOSFETs provide significant improvements in system-level power density and efficiency, enhancing thermal management and simplifying design and manufacturability [2] - The SiC MOSFETs feature an industry-leading creepage distance of 6.45 mm, meeting IEC compliance for applications up to 1200V [1][4] - The initial portfolio includes 1200 V SiC MOSFETs with on-resistance ratings from 18 mΩ to 135 mΩ and 650 V SiC MOSFETs with ratings from 20 mΩ to 55 mΩ, with plans to release lower on-resistance options later in 2025 [8] Group 2: Qualification Standards - Navitas has established an 'AEC-Plus' qualification standard, exceeding the existing AEC-Q101 and JEDEC standards, demonstrating a commitment to high reliability in automotive and industrial applications [3][4] - The 'AEC-Plus' standards include rigorous multi-lot testing and additional requirements for thermal management and reliability [4][11] Group 3: Technological Advancements - The GeneSiC™ technology offers up to 20% lower on-resistance at high temperatures compared to competitors, resulting in lower power losses across a wider operating range [7] - The exposed thermal pad in the HV-T2Pak package features nickel plating, enhancing thermal efficiency and reliability compared to traditional tin plating [5]

Core Insights - Navitas Semiconductor has introduced a new family of GaNSense™ Motor Drive ICs designed for home appliances and industrial drives up to 600 W, featuring significant efficiency and cost advantages [1][5]. Product Features - The GaNSense Motor Drive ICs integrate two GaN FETs in a half-bridge configuration, providing a 4% increase in efficiency, a 40% reduction in PCB footprint, and a 15% decrease in system cost compared to traditional silicon IGBT solutions [2][12]. - Key features include bidirectional lossless current sensing, which enhances efficiency and reliability by eliminating the need for external shunt resistors [3][4]. - The devices offer adjustable turn-on and turn-off slew rates to optimize EMI and performance, along with an autonomous freewheeling function to minimize conduction losses [4]. Target Applications - The GaNSense Motor Drive ICs are aimed at various applications, including air conditioners, heat pumps, washing machines, dryers, dishwashers, refrigerators, and hair dryers, as well as low-power industrial drives such as pumps and fans [5]. Company Background - Navitas Semiconductor, founded in 2014, is a leader in next-generation power semiconductors, focusing on GaN and SiC technologies, with over 300 patents and a commitment to sustainability as the first CarbonNeutral®-certified semiconductor company [7].