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Allegro MicroSystems Expands Isolated Gate Driver Portfolio with Power-Thru Combo Chip

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Allegro MicroSystems (Nasdaq: ALGM) has launched a new combo chip as part of its High Voltage Power-Thru™ portfolio. This innovative product is designed to provide engineers with greater flexibility in designing high-power applications such as EV chargers, solar inverters, and energy storage systems. The new isolated gate-driver IC solutions, AHV85000 and AHV85040, allow designers to choose external transformers, optimizing cost and space. This flexibility enhances system architecture and power efficiency. Allegro continues to demonstrate its commitment to innovation and customer needs with this latest release.

Positive
  • Launch of third product in High Voltage Power-Thru™ portfolio.
  • Greater design flexibility by allowing the choice of external transformers.
  • Enhanced power efficiency for clean energy applications.
  • Applicable to EV chargers, solar inverters, ESS, and data center power supplies.
  • Innovative solution aiding cost and space optimization.
  • Continued demonstration of commitment to innovation and customer needs.
Negative
  • No immediate financial impact reported from the new product launch.
  • Potential market acceptance risks for the new technology.
  • Possible competition in the high-power solutions market.

Insights

Allegro MicroSystems' launch of the AHV85000 and AHV85040 isolated gate-driver ICs marks a significant step forward in the power and sensing solutions sector. These new products cater to high-demand sectors like solar inverters, electric vehicle (EV) charging infrastructures and energy storage systems (ESS). By moving the isolation transformer to an external component, engineers gain unprecedented flexibility in their designs. This innovation can support higher power outputs and optimized layout designs, making it a noteworthy advancement.

The ability to select a transformer based on specific design needs is a key advantage. This flexibility could lead to more efficient and compact systems, beneficial for applications that require specific isolation levels. For instance, in EV chargers and data centers, where space and efficiency are critical, this feature can result in more streamlined and cost-effective solutions.

Overall, this new product is a valuable addition to Allegro's portfolio, potentially offering significant improvements in design and efficiency for several critical industries.

From a market perspective, Allegro MicroSystems' new isolated gate-driver ICs are well-timed. The shift towards renewable energy and electric vehicles is accelerating and products that enhance power efficiency and flexibility are in high demand. The versatility of the AHV85000 and AHV85040 to accommodate various design requirements could attract a broad range of customers in the clean energy and data center sectors.

This product launch may strengthen Allegro's market position, especially in industries focused on energy efficiency and sustainability. The strategic move to externalize the transformer aligns with current trends, allowing for improved customization and efficiency. Moreover, this innovation could drive further adoption of Allegro's solutions in emerging markets like EV infrastructure and energy storage, potentially leading to an increase in market share.

From a financial standpoint, the introduction of Allegro's new ICs could have a positive impact on the company's revenue streams. By addressing the needs of high-growth sectors like electric vehicles, renewable energy and data centers, these products could drive increased sales. Additionally, the unique flexibility offered by the external transformer could make Allegro's offerings more attractive compared to competitors, potentially leading to higher market penetration.

Investors should note that advancements in product technology often correlate with improved financial performance. The innovative features of the AHV85000 and AHV85040 could result in new partnerships and contracts, thereby boosting Allegro's financial outlook. However, it is essential to monitor how quickly and effectively these products gain traction in the market to fully evaluate their long-term impact on Allegro's financial health.

New Product Provides Engineers with Greater Flexibility in Designing for Higher Power Output in EV Chargers

MANCHESTER, N.H., May 21, 2024 (GLOBE NEWSWIRE) -- Allegro MicroSystems, Inc. (“Allegro”) (Nasdaq: ALGM), a global leader in power and sensing solutions for motion control and energy-efficient systems, today announced the launch of the third product in its High Voltage Power-Thru™ portfolio. Allegro’s two-chip AHV85000 and AHV85040 isolated gate-driver IC solutions work together with external transformers to provide the freedom to design and maximize power efficiency for clean energy applications, including solar inverters, xEV charging infrastructures and energy storage systems (ESS), as well as data center power supply units.

Expanding upon Allegro’s existing Power-Thru technology, the new combo chip features the same benefits found in Allegro’s existing gate driver technology but relocates the isolation transformer from internal to external. By doing so, Allegro’s latest Power-Thru IC provides engineers greater design flexibility for isolation, power and layout since they can choose the suitable transformer according to their design requirements.

“We are excited to launch our latest solution in Allegro’s Power-Thru lineup. Engineers now have more flexibility and freedom with the new combo chip to streamline system architecture and maximize power efficiency, thanks to the removal of the transformer,” said Vijay Mangtani, Vice President and General Manager for High Voltage Power at Allegro. “This solution represents another example of our commitment to continued innovation and responsiveness to our customers’ and the design community’s needs.” 

The new combo chip isolated gate driver provides additional advantages for applications with different isolation requirements. By facilitating greater cost and space optimization, this industry-first solution creates significantly greater design flexibility, including the ability to choose the isolation level, the best fit-for-purpose transformer, and where to put the isolation barrier within the system.

For further information on the AHV85000/40 Power-Thru isolated gate driver or to request sample orders, visit: https://www.allegromicro.com/en/AHV85000-40

About Allegro MicroSystems
Allegro MicroSystems, Inc. is a leading global designer, developer, fabless manufacturer and marketer of sensor integrated circuits (“ICs”) and application-specific analog power ICs enabling emerging technologies in the automotive and industrial markets. Allegro’s diverse product portfolio provides efficient and reliable solutions for the electrification of vehicles, automotive ADAS safety features, automation for Industry 4.0 and power-saving technologies for data centers and clean energy applications. For additional information, please visit https://www.allegromicro.com/en/.

Media Contact:
Tyler Weiland
Corporate Communications
+1 (972) 571-7834
tweiland.cw@allegromicro.com

Allegro Contact:
Jalene Hoover
VP Investor Relations & Corporate Communications
Jhoover@allegromicro.com


FAQ

What new product did Allegro MicroSystems announce?

Allegro MicroSystems announced a new combo chip as part of its High Voltage Power-Thru™ portfolio.

When was the Allegro MicroSystems press release for the new product?

The press release was on May 21, 2024.

What applications does the new combo chip from Allegro target?

The new combo chip targets EV chargers, solar inverters, energy storage systems, and data center power supplies.

What benefit does the new Allegro combo chip provide to engineers?

The new combo chip provides engineers with greater design flexibility, allowing the choice of external transformers and optimizing cost and space.

What are the model numbers of Allegro’s new isolated gate-driver IC solutions?

The model numbers are AHV85000 and AHV85040.

What stock symbol does Allegro MicroSystems trade under?

Allegro MicroSystems trades under the stock symbol ALGM.

Allegro MicroSystems, Inc.

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