Navitas at CES 2022: "Electrify Our World™" - and Win a Tesla!

Rhea-AI Summary

Navitas Semiconductor (Nasdaq: NVTS) announced plans at CES 2022 to expand its leadership in gallium nitride (GaN) power ICs beyond mobile applications into sectors like solar, data centers, and electric vehicles (EVs). GaN technology offers significant advantages, including faster operation and reduced size. With GaNFast chargers used in numerous flagship devices, the company anticipates faster EV adoption, potentially saving up to 20% in CO2 emissions by 2050. Attendees at CES can engage with GaN technology and enter for a chance to win a Tesla Model 3.

Positive

• Expansion into higher power markets like solar, data centers, and EVs.
• GaN technology enables up to 20x faster operation compared to legacy silicon.
• Navitas powers 8 out of 11 flagship smartphone charger models.
• Over 160 charger models currently in production.

Negative

• None.

EL SEGUNDO, Calif., Dec. 10, 2021 /PRNewswire/ -- At CES 2022 Navitas Semiconductor (Nasdaq: NVTS), the industry-leader in gallium nitride (GaN) power integrated circuits (ICs) will showcase its plans to expand beyond its #1 position in mobile GaN fast chargers, and into higher-power markets including solar, data center and electric vehicles (EVs).

From ultrafast mobile chargers to solar, data centers and EVs, next-gen GaN power ICs revolutionize power electronics.

GaN is a next-generation semiconductor technology that runs up to 20x faster than legacy silicon and enables up to 3x more power and 3x faster charging in half the size and weight. Navitas' GaNFast™ power ICs integrate GaN power and drive plus protection and control to deliver simple, small, fast and efficient performance. In mobile fast and ultrafast charging, Navitas is used in 8 out of 11 flagship smartphone charger models, including those from Xiaomi, OPPO, Lenovo, Realme and Vivo, plus fast-charging laptop adapters from Dell, Lenovo, LG, Asus, Amazon and many more, with over 160 charger models in production today. The display at CES features Xiaomi's world's smallest 120W ultrafast charger using Navitas' latest GaNFast with GaNSense™ technology ICs, charging the Note 11 Pro+ from 0-100% in just 17 lightning-fast minutes.

At CES 2022, Navitas will reveal how GaNFast technology has now been supercharged to address the challenges of next-generation solar, data center and EV fast-charging applications.

"Today, only about 15% of our world's electrical energy comes from sustainable sources, with the balance dependent on fossil fuels," said Gene Sheridan, co-founder and CEO. "It's great to be back at CES to showcase how GaN makes electrical energy faster, more efficient and lower cost, and accelerates the transition to clean, electricity-based energy – for example, we expect EV adoption of GaN will accelerate the worldwide transition from internal combustion engine to EVs by up to 3 years, saving 20% of road sector CO₂ emissions by 2050."

In-person CES attendees can discover GaN technology, the speed of GaNFast chargers, and see the future of next-generation applications while they have a chance to win a GaNFast charger or even enter to win a Tesla Model 3 Performance worth over $60,000!

"The 'GaNFast Giveaway' activities are the fun side of CES and we expect to draw huge crowds to experience GaNFast technology", said Stephen Oliver, Navitas' VP Corporate Marketing and Investor Relations. "Visitors can win GaNFast chargers from Spigen, Baseus, UGREEN, UIBI and Angry Miao every 30 minutes, enter to win a Tesla, and meet the GaN twin mascots – Gallie and Nitro – at their US tradeshow debut!"

CES runs from January 5^th-8^th 2022, in Las Vegas, NV, and the Navitas booth is located in the LVCC, Central Hall, #15958.

To book a meeting with Navitas at CES, please:

a)  Select a day / time via this link,
b)  Call +1 ThinkGaNIC (844-654-2642), or
c)  Email Info@NavitasSemi.com.

About CES

The Consumer Electronics Show (CES) is the world's gathering place for all who thrive on the business of consumer technologies. It has served as the proving ground for innovators and breakthrough technologies for 50 years — the global stage where next-generation innovations are introduced to the marketplace. As the largest hands-on event of its kind, CES features all aspects of the industry.

About Navitas

Navitas Semiconductor (Nasdaq: NVTS) is the industry leader in GaN power ICs, founded in 2014. GaN power ICs integrate GaN power with drive, control and protection to enable faster charging, higher power density and greater energy savings for mobile, consumer, enterprise, eMobility and new energy markets. Over 130 Navitas patents are issued or pending, and over 30 million GaNFast power ICs have been shipped with zero reported GaN field failures. Navitas rang the Nasdaq opening bell and started trading on Nasdaq on October 20th, 2021, with an enterprise value over $1B and over $320M gross capital raise.

Navitas Semiconductor, GaNFast and the Navitas logo are trademarks or registered trademarks of Navitas Semiconductor Limited. Tesla is a trademark of Tesla, Inc. The GaNFast Giveaway is not affiliated with or endorsed by Tesla, Inc. All other brands, product names and marks are or may be trademarks or registered trademarks used to identify products or services of their respective owners. Competitions begin at CES 2022, with full details available at the show and online at www.navitassemi.com .

Contact Information
Stephen Oliver, VP Corporate Marketing & Investor Relations
ir@navitassemi.com

 

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SOURCE Navitas Semiconductor

FAQ

What is the significance of GaN technology for Navitas (NVTS)?

GaN technology allows Navitas to operate up to 20x faster than legacy silicon, making it ideal for various applications, including mobile charging, solar energy, and electric vehicles.

When was Navitas Semiconductor founded and when did it start trading on Nasdaq?

Navitas Semiconductor was founded in 2014 and began trading on Nasdaq on October 20, 2021.

What are the expected environmental benefits of Navitas' GaN technology?

Navitas expects GaN technology will accelerate EV adoption by up to three years, potentially saving 20% of road sector CO2 emissions by 2050.

Where can attendees engage with Navitas technology at CES 2022?

Navitas will showcase its technology at CES 2022, which runs from January 5-8, 2022, in the Las Vegas Convention Center, Central Hall, booth #15958.

What prizes can attendees win at Navitas' CES booth?

Attendees can participate in the 'GaNFast Giveaway' for chances to win GaNFast chargers and a Tesla Model 3.