InterContinental New York Barclay Hotel,
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ICS,
Silicon carbide,
Acquisition,
Russell,
Investment,
Navitas,
CFO,
Gallium nitride,
Management TORRANCE, Calif., May 25, 2023 (GLOBE NEWSWIRE) -- Navitas Semiconductor (Nasdaq: NTVS), the only pure-play, next-generation power semiconductor company and industry leader in gallium nitride (GaN) power ICs and silicon carbide (SiC) technology, has announced participation in a series of upcoming investor conferences.
Key Points:
- TORRANCE, Calif., May 25, 2023 (GLOBE NEWSWIRE) -- Navitas Semiconductor (Nasdaq: NTVS), the only pure-play, next-generation power semiconductor company and industry leader in gallium nitride (GaN) power ICs and silicon carbide (SiC) technology, has announced participation in a series of upcoming investor conferences.
- The conferences will provide investors the opportunity to discuss Navitas’ Q1 results , inclusion in the Russell 3000 Index, and recent $80M offering , including potential use of funds including additional working capital, investments in strategic manufacturing, and flexibility for additional merger and acquisition activity.
- Navitas’ public offering presentation is available on the Navitas IR website .
- For those unable to attend in person, a video link is available at: https://wsw.com/webcast/baird68/nvts/1968624
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Deutsche Bank,
Telephone,
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Sale,
Needham & Company,
Prospectus,
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Rosenblatt,
Navitas,
Madison Avenue,
2nd Floor,
Security (finance) TORRANCE, Calif., May 24, 2023 (GLOBE NEWSWIRE) -- Navitas Semiconductor Corporation (Nasdaq: NVTS), an industry leader in next-generation power semiconductors, announced the pricing of its previously announced underwritten public offering of 10,000,000 shares of its Class A common stock at a price to the public of $8.00 per share.
Key Points:
- TORRANCE, Calif., May 24, 2023 (GLOBE NEWSWIRE) -- Navitas Semiconductor Corporation (Nasdaq: NVTS), an industry leader in next-generation power semiconductors, announced the pricing of its previously announced underwritten public offering of 10,000,000 shares of its Class A common stock at a price to the public of $8.00 per share.
- All of the shares in the offering are being offered by Navitas.
- The gross proceeds to Navitas from the offering, before deducting underwriting discounts and commissions and offering expenses, are expected to be $80.0 million.
- In addition, Navitas has granted the underwriters a 30-day option to purchase up to an additional 1,500,000 shares of Class A common stock at the public offering price, less underwriting discounts and commissions.
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Attention,
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2nd Floor,
Security (finance) TORRANCE, Calif., May 23, 2023 (GLOBE NEWSWIRE) -- Navitas Semiconductor Corporation (Nasdaq: NVTS), an industry leader in next-generation power semiconductors, announced today that it has commenced an underwritten public offering of $80.0 million of shares of its Class A common stock.
Key Points:
- TORRANCE, Calif., May 23, 2023 (GLOBE NEWSWIRE) -- Navitas Semiconductor Corporation (Nasdaq: NVTS), an industry leader in next-generation power semiconductors, announced today that it has commenced an underwritten public offering of $80.0 million of shares of its Class A common stock.
- All of the shares in the proposed offering are being offered by Navitas.
- In addition, Navitas intends to grant the underwriters a 30-day option to purchase up to an additional $12.0 million of shares of its Class A common stock at the public offering price, less underwriting discounts and commissions.
- Navitas intends to use the net proceeds from this proposed offering for working capital and other general corporate purposes, including potential acquisitions or strategic manufacturing investments.
TORRANCE, Calif., May 22, 2023 (GLOBE NEWSWIRE) -- Navitas Semiconductor (Nasdaq: NVTS), the industry-leader in next-generation power semiconductors, announced it will be added as a member of the broad-market Russell 3000® Index, effective after the US market opens on Monday 26th June, as part of the 2023 Russell indexes reconstitution.
Key Points:
- TORRANCE, Calif., May 22, 2023 (GLOBE NEWSWIRE) -- Navitas Semiconductor (Nasdaq: NVTS), the industry-leader in next-generation power semiconductors, announced it will be added as a member of the broad-market Russell 3000® Index, effective after the US market opens on Monday 26th June, as part of the 2023 Russell indexes reconstitution.
- Membership in the Russell 3000® Index, which remains in place for one year, means automatic inclusion in the large-cap Russell 1000® Index or small-cap Russell 2000® Index as well as the appropriate growth and value style indexes.
- Russell indexes are part of FTSE Russell, a leading global index provider.
- For more information on the Russell 3000® Index and the Russell indexes reconstitution, go to the “Russell Reconstitution” section on the FTSE Russell website.
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Frank Genese,
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Electric battery TORRANCE, Calif., May 18, 2023 (GLOBE NEWSWIRE) -- Navitas Semiconductor (Nasdaq: NVTS), announced that Exide Technologies’ next-generation, high-frequency fast chargers for industrial material handling equipment have adopted new, leading-edge GeneSiC power semiconductors to ensure reliability, safety, ease-of-use and optimal charging.
Key Points:
- TORRANCE, Calif., May 18, 2023 (GLOBE NEWSWIRE) -- Navitas Semiconductor (Nasdaq: NVTS), announced that Exide Technologies’ next-generation, high-frequency fast chargers for industrial material handling equipment have adopted new, leading-edge GeneSiC power semiconductors to ensure reliability, safety, ease-of-use and optimal charging.
- Exide Technologies is a leading provider of innovative and sustainable battery storage solutions for the industrial and automotive markets.
- Exide’s high frequency chargers convert 220 V AC power to a battery-level voltage between 24 and 80 V for lead-acid and lithium-ion powered industrial vehicles.
- “Exide Technologies delivers complete, carefully controlled fast-charging with close system monitoring for critical material-handling equipment, running 24/7,” said Dr. Dominik Margraf, Director Product Management Motion at Exide Technologies.
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Q2,
Ultra TORRANCE, Calif., May 15, 2023 (GLOBE NEWSWIRE) -- Navitas Semiconductor Corporation (Nasdaq: NVTS), the industry leader in next-generation power semiconductors, today announced unaudited financial results for the first quarter ended March 31, 2023.
Key Points:
- TORRANCE, Calif., May 15, 2023 (GLOBE NEWSWIRE) -- Navitas Semiconductor Corporation (Nasdaq: NVTS), the industry leader in next-generation power semiconductors, today announced unaudited financial results for the first quarter ended March 31, 2023.
- Net revenues for the first quarter of 2023 increased to $13.4 million, approximately double from the first quarter of 2022 and up 8% from the fourth quarter of 2022.
- GAAP and non-GAAP gross margin for the first quarter of 2023 increased to 41.1%, compared to 40.6% for the fourth quarter of 2022.
- On a non-GAAP basis the loss from operations for the quarter was $12.3 million, consistent with fourth quarter 2022 performance.
Lighting,
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QFN,
ChatGPT,
Pin,
MPS,
VF,
Silicon carbide,
Frank Genese,
UIL,
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Electronics The 650 V-rated Merged-PiN Schottky (MPS™) diodes integrate a unique PiN-Schottky structure, delivering ‘low-built-in voltage-biasing’ (‘low knee’) for the highest efficiency across all load conditions with superior robustness.
Key Points:
- The 650 V-rated Merged-PiN Schottky (MPS™) diodes integrate a unique PiN-Schottky structure, delivering ‘low-built-in voltage-biasing’ (‘low knee’) for the highest efficiency across all load conditions with superior robustness.
- Applications include PFC in server/telecom power supplies, industrial motor drives, solar inverters, LCD/LED TVs, and lighting.
- “We’re delivering reliable, lead-edge performance for in-demand applications like AI and Chat GPT data center power,” noted Dr. Ranbir Singh, Navitas EVP for SiC.
- To ensure reliable operation in critical applications, the gen-5, 650 V MPS diodes offer best-in-class robustness and ruggedness, with high surge-current and avalanche capability, with 100% avalanche (UIL) production testing.
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Electronics Ranging from 650 V to 6,500 V, Navitas has the widest range of SiC technology.
Key Points:
- Ranging from 650 V to 6,500 V, Navitas has the widest range of SiC technology.
- From an original line-up of discrete packages - from 8x8 mm surface-mount QFNs to through-hole TO-247s - the GeneSiC SiCPAK is an initial, direct entry point into higher-power applications.
- The modules are built upon GeneSiC die that have already made a mark in terms of superior performance, reliability, and ruggedness.
- Within the lead-free SiCPAK, each SiC chip is silver (Ag) sintered to the module’s substrate for superior cooling and reliability.
TORRANCE, Calif., May 01, 2023 (GLOBE NEWSWIRE) -- Navitas Semiconductor (Nasdaq: NVTS) today announced that it will report first quarter 2023 financial results after the market close on Monday, May 15th, 2023.
Key Points:
- TORRANCE, Calif., May 01, 2023 (GLOBE NEWSWIRE) -- Navitas Semiconductor (Nasdaq: NVTS) today announced that it will report first quarter 2023 financial results after the market close on Monday, May 15th, 2023.
- Management will host a conference call and live webcast to present the company's financial results and answer questions from the financial analyst community at 2:00 p.m. Pacific / 5:00 p.m. Eastern that same evening.
- Navitas Q1 2023 Financial Results Conference Call and Webcast Information:
Toll Free Dial-in: (800) 715-9871 or (646) 307-1963, Conference ID: 9956680
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Mouser Electronics,
Senior,
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Wind,
Silicon carbide,
WBG,
Data center,
Navitas,
Gallium nitride,
Mouser,
Electric power The new, worldwide agreement will see Mouser stock Navitas GanFast™ and GeneSiC™ wide band-gap (WBG) semiconductor technologies.
Key Points:
- The new, worldwide agreement will see Mouser stock Navitas GanFast™ and GeneSiC™ wide band-gap (WBG) semiconductor technologies.
- GaNFast power ICs integrate gallium nitride (GaN) power and drive, with control, sensing, and protection to enable faster charging, higher power density, and greater energy savings.
- Complementary GeneSiC power devices are optimized high-power, high-voltage, and high-reliability silicon carbide (SiC) solutions.
- “Design engineers now have easy access to Navitas’ advanced components, backed by Mouser's unsurpassed customer service and best-in-class logistics.
