Navitas Drives High-power, High-reliability, Next-gen Power Semis for AI, EV, Industrial, Solar, and Energy Storage at PCIM 2024

Rhea-AI Summary

Navitas Semiconductor (Nasdaq: NVTS) will showcase its latest gallium nitride (GaN) and silicon carbide (SiC) technologies at PCIM 2024 in Nuremberg, Germany from June 11-13. The company will highlight its GaNFast™ and GeneSiC™ semiconductors, emphasizing their applications in AI, EVs, industrial processes, solar energy, and energy storage. Navitas' booth, 'Planet Navitas,' will display technologies promising increased portability, longer range, faster charging, and grid independence, while also contributing to reduced carbon emissions. The event features key presentations on high-efficiency AC-DC converters and evaluations of SiC devices for high-frequency applications, enhancing Navitas' $1.6 billion customer pipeline within a $22 billion market opportunity.

Positive

• Navitas showcases cutting-edge GaN and SiC technologies at PCIM 2024.
• GaNFast™ and GeneSiC™ technologies are emphasized for their broad applications including AI and EVs.
• 'Planet Navitas' underscores benefits like faster charging, longer range, and grid independence.
• Navitas' technologies are projected to save over 6 Gtons/yr CO2 by 2050.
• Key presentations highlight high-efficiency AC-DC converters and SiC devices for high-frequency applications.
• Potential market opportunity of $22B/year with a $1.6B customer pipeline.

Negative

• No new financial data or revenue figures were disclosed in the press release.
• Does not address potential risks or challenges in the market adoption of new technologies.
• No updates on current financial performance or projections for the near future.
• The press release lacks specific details on the cost implications for implementing new technologies.

Leading international exhibition highlights the latest gallium nitride (GaN) and silicon carbide (SiC) technologies for the safest, most efficient, most reliable power for fast charging, power conversion and storage, motor drive, and more.

TORRANCE, Calif., May 21, 2024 (GLOBE NEWSWIRE) -- Navitas Semiconductor (Nasdaq: NVTS), the industry leader in next-generation GaNFast™ gallium nitride (GaN) and GeneSiC™ silicon carbide (SiC) power semiconductors, invites visitors to experience “Planet Navitas” at PCIM 2024 (June 11^th-13^th) and see how industry-leading GaN and SiC solutions deliver optimal performance in a broad array of fast-growing markets and applications from 20 W to 20 MW.

Now in its 25^th year, Nuremberg, Germany’s “Power, Control and Intelligent Motion” (PCIM) serves as the premier international meeting place for industry specialists and is renowned as the leading exhibition for power electronics and its applications.

Aligned with Navitas’ mission to “Electrify Our World™”, the “Planet Navitas” booth invites visitors to discover how next-gen GaN and SiC technology enable the latest solutions for fully-electrified EV transportation, AI data centers, industrial compressors, drives, and robotics plus renewable energy sourcing and storage. Each example highlights end-user benefits such as increased portability, longer range, faster charging, and grid independence, along with a focus on how low-carbon-footprint GaN and SiC technology can save over 6 Gtons/yr CO₂ by 2050.

“PCIM is a key event in the power-electronics calendar,” says Alessandro Squeri, Navitas’ senior director for European sales. “Complementary GaNFast and GeneSiC portfolios, with comprehensive, application-specific system design support, accelerate customer time-to-market with sustainable performance advantages. ‘Planet Navitas’ represents the very real, inspiring implementation of GaN & SiC that makes up a $1.6B identified customer pipeline as part of a vast $22B/year market opportunity.”

Major technology updates and releases include GaNSafe™ – the world’s most-protected, most reliable, and highest-performance GaN power, Gen-4 GaNSense™ Half-Bridge ICs – the most integrated GaN devices, and Gen-3 Fast GeneSiC power FETs – for game-changing motor drive and energy-storage applications.

In addition to the exhibition, PCIM 2024 includes peer-review technical presentations, including:

11^th June, 13:00 - 14:30, Hall 10.1

• “Low-Cost High-Density 300 W / 20 V AC-DC Converter Enabled by GaN Power ICs”- Tom Ribarich, Sr. Director of Strategic Marketing, Navitas Semiconductor
  • A low-cost 300 W high-density AC-to-DC converter has been designed and demonstrated to achieve >96% peak efficiency and 270 cc. The circuit topologies include a 2-phase interleaved PFC input stage, an LLC DC-DC stage, and a synchronous rectification output stage. The design includes GaN Power ICs and off-the-shelf controllers running at 300 kHz. This new design has resulted in a cased power density of 1.1 W/cc.

12^th June, 15:30 - 17:00, Foyer

• Evaluation of SiC Devices for Over 500 kHz Application Based on Buck Circuit - Minli Jia, Sr. Staff Applications Engineer, Navitas Semiconductor
  • This paper selects three 1200 V SiC devices of similar specifications and different manufacturers for analysis and experimental research and designs a Buck converter with an output power of 3.6 kW and a switching frequency of 600 kHz. The efficiency and heat of three SiC types were tested under the same working conditions, and the results showed that the SiC with fast turn-off characteristics and low thermal resistance was more suitable for high-frequency converter applications.

PCIM takes place at Nürnberg Messe Karl-Schönleben-Str. Messeplatz 1, 90471 Nürnberg, Germany, with the exhibition running from June 11th – 13^th, 2024. “Planet Navitas” is featured in Hall 9, booth #544.

To schedule a meeting with the Navitas team, email euro.sales@navitassemi.com

About Navitas

Navitas Semiconductor (Nasdaq: NVTS) is the only pure-play, next-generation power-semiconductor company, celebrating 10 years of power innovation founded in 2014. 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. Focus markets include EV, solar, energy storage, home appliance / industrial, data center, mobile, and consumer. Over 250 Navitas patents are issued or pending. As of August 2023, over 125 million GaN and 12 million SiC units have been shipped, and with the industry’s first and only 20-year GaNFast warranty. Navitas was the world’s first semiconductor company to be CarbonNeutral®-certified.

Navitas Semiconductor, GaNFast, GaNSense, GeneSiC, and the Navitas logo are trademarks or registered trademarks of Navitas Semiconductor Limited and affiliates. 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.

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

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/94999ecc-98af-48b2-95de-0b624317b44a

FAQ

What technologies will Navitas showcase at PCIM 2024?

Navitas will showcase its latest GaNFast™ gallium nitride (GaN) and GeneSiC™ silicon carbide (SiC) technologies.

When and where is PCIM 2024 taking place?

PCIM 2024 will take place from June 11-13, 2024, in Nuremberg, Germany.

What are the key benefits of Navitas' GaN and SiC technologies?

Navitas' GaN and SiC technologies promise increased portability, longer range, faster charging, and grid independence.

What is the potential market opportunity for Navitas' technologies?

Navitas has identified a $1.6 billion customer pipeline within a vast $22 billion/year market opportunity.

What are the environmental benefits of Navitas' technologies?

Navitas' GaN and SiC technologies can potentially save over 6 Gtons/yr CO2 by 2050.