Navitas Semiconductor to Participate in Upcoming CJS Securities Conference, White Plains, NY

Rhea-AI Summary

Navitas Semiconductor, a leader in gallium nitride (GaN) power ICs and silicon carbide (SiC) technology, will participate in CJS Securities' 23rd Annual 'New Ideas' Summer Conference on July 11th. Recent news includes Q1 2023 earnings, a $760 million customer pipeline, a $92 million equity offering, and a $20 million investment in strategic manufacturing.

Executives to review $760M customer pipeline, recently completed $92M equity offering

TORRANCE, Calif., June 30, 2023 (GLOBE NEWSWIRE) -- Navitas Semiconductor, 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 CJS Securities’ 23^rd Annual “New Ideas” Summer Conference, on July 11^th, at the Metropolis Country Club in White Plains, NY.

Navitas’ CFO Ron Shelton and VP Corporate Marketing & Investor Relations, Stephen Oliver, will highlight recent product, manufacturing, application, and market developments in a series of 1-on-1 meetings and fire-side chat. Recent Navitas news includes Q1 2023 earnings and announcement of $760 million customer pipeline, a $92 million follow-on equity offering, and a $20 million investment in strategic manufacturing.

Navitas’ mission is to accelerate the planet’s transition from fossil fuels to renewable energy sources and to “Electrify Our World™”. 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.

To learn more and submit a registration request, contact info@cjs-securities.com.

About Navitas

Navitas Semiconductor is the only pure-play, next-generation power-semiconductor company, 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 185 Navitas patents are issued or pending. Over 75 million GaN and 10 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, 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/4efd38de-35ec-4770-85e3-caf069e11828

FAQ

What is the recent news from Navitas Semiconductor?

Navitas Semiconductor announced Q1 2023 earnings, a $760 million customer pipeline, a $92 million equity offering, and a $20 million investment in strategic manufacturing.

What is Navitas Semiconductor's mission?

Navitas Semiconductor aims to accelerate the transition from fossil fuels to renewable energy sources and 'Electrify Our World™'.

What are GaNFast™ power ICs and GeneSiC™ power devices?

GaNFast™ power ICs integrate gallium nitride (GaN) power and drive, while GeneSiC™ power devices are optimized silicon carbide (SiC) solutions for high-power, high-voltage, and high-reliability applications.

Which markets does Navitas Semiconductor focus on?

Navitas Semiconductor focuses on markets such as EV, solar, energy storage, home appliance/industrial, data center, mobile, and consumer.

How can I learn more about the conference and register?

To learn more and submit a registration request, contact info@cjs-securities.com.