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Navitas Semiconductor Corporation
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Navitas Semiconductor Corporation

Navitas Semiconductor Collaborates with NVidia on Next-Generation 800V HVDC Architecture

| 8-K |Technology

Summary

Navitas Semiconductor Corporation announced a collaboration with NVidia to develop next-generation 800V high-voltage direct current (HVDC) architecture for data center power infrastructure. The collaboration aims to support NVidia's data center power requirements using Navitas' GaN and SiC technologies, enhancing power efficiency and reliability. Additionally, Navitas has filed a prospectus supplement to sell additional shares of its Class A common stock under its existing 'at the market offering' program with Jefferies LLC, with proceeds intended for working capital and strategic investments.

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About Navitas Semiconductor Corporation

Navitas Semiconductor Corporation is a leading innovator in the field of power semiconductors, specializing in the development and manufacturing of next-generation gallium nitride (GaN) power integrated circuits. These cutting-edge components are designed to enhance the efficiency and power density of electronic systems, offering significant advantages over traditional silicon alternatives. Navitas's products are instrumental in a wide array of applications, including fast chargers for mobile devices, data centers, solar inverters, and electric vehicles. The corporation's pioneering technology enables reductions in energy consumption and CO2 emissions, aligning with global sustainability goals. By addressing critical bottlenecks in power conversion and management, Navitas Semiconductor plays a pivotal role in advancing the performance and environmental impact of electronic devices. As the demand for more efficient, smaller, and lighter power solutions grows, Navitas Semiconductor remains at the forefront of this rapidly evolving sector, contributing to the transformation of industries and influencing technological advancements worldwide.

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