Navitas celebrates ten years
Company marks a decade in which it has delivered 150 million devices and saved over 200,000 tons of CO2
GaN and SiC power specialist Navitas Semiconductor is celebrating its tenth anniversary with series of events during 2024, beginning with the APEC 2024 conference and 'GaNFast Blast!' celebration in Long Beach from February 26th.
Commenting on the ten-year milestone, CEO and co-founder Gene Sheridan stated: “From a trailer to a $1B+ IPO in record time and a worldwide presence with a 300-strong, highly-skilled team, we’ve so far delivered over 150 million devices and saved over 200,000 tons of CO2. Growth awards from Deloitte and Forbes highlight our revenue growth, and a long-term guidance to grow many times faster than the market.”
Dan Kinzer, co-founder and COO / CTO added: “From our founding in 2014 as a next-generation power semiconductor pioneer, Navitas has amassed over 250 patents across ‘wide band-gap’ technologies GaN and SiC, as well as patented, enabling high-speed controller and digital isolators. Leading-edge technology, key talent and a passion for innovation are critical factors in Navitas’ success to-date, and a strong foundation for further technology and continued market leadership.”
According to the company, GaN technology milestones during Navitas’ first decade include the launch of the world’s first integrated GaNFast power IC; GaNSense - the world’s first integrated precision current-sensing GaN chip; GaNSafe - the world’s most protected GaN power device for high-reliability systems; and the unveiling of a new bi-directional GaN power IC platform with up to 9x smaller chip size than legacy silicon MOSFETs or IGBTs.
In 2021 the company went public with a $1B+ IPO on the Nasdaq exchange, and 2023 marked the shipment of over one hundred million GaN shipments. In the same year the company was recognised by Forbes as one of America’s top 50 most successful small companies and was ranked 72nd in the Deloitte Technology Fast 500 of fast-growing North American companies.
Along the way the business has also offered the industry’s first 20-year warranty for its technologies and become the world’s first semiconductor company to achieve CarbonNeutral-company certification from Climate Impact Partners.
Last year Navitas officially opened its new headquarters in Torrance, Ca. Around 100 Navitas staff are employed in Torrance for all aspects of GaN and SiC design, applications, test, characterisation and quality, alongside specialists in finance, marketing and HR.
