Navitas New Distribution Deal with Richardson Electronics Expands Americas Footprint for Next-Gen SiC SemiconductorsMarch 15, 2023 at 16:15 PM EDT
TORRANCE, Calif. and LAFOX, Ill., March 15, 2023 (GLOBE NEWSWIRE) -- Navitas Semiconductor (Nasdaq: NVTS), 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 a distribution agreement with Richardson Electronics, Ltd. (Nasdaq: RELL) covering next-generation silicon carbide (SiC) power semiconductors for the Americas. Richardson Electronics will focus on Navitas’ world-leading GeneSiC™ power MOSFETs and MPS™ diodes that are rated from 650 V – 6.5 kV. Patented trench-assisted planar-gate technology delivers the lowest RDS(ON) at high temperature and the lowest energy losses at high speeds. Devices in the broad GeneSiC portfolio are ideal for a number of applications including but not limited to renewable energy and storage, motor drives, induction heating and welding, battery charging, automotive, and high voltage DC-DC conversion. Features:
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“Navitas’ GeneSiC SiC MOSFETs and MPS rectifiers have proven themselves as the new industry benchmark in performance, robustness, and reliability the world over. Navitas recognizes Richardson’s long-term partnerships, technical knowledge and robust customer support to American customers who demand high end power semiconductor products,” said Dr. Ranbir Singh, Executive Vice President at Navitas. “GeneSiC MOSFETs and MPS diodes are a perfect fit for Richardson's market strongholds of renewable energy, industrial, medical, transportation, and energy storage.” “For years Richardson has developed an excellent portfolio of power management components and engineered solutions. Adding Navitas as a key technology partner is an excellent addition to supporting our customers’ needs,” said Greg Peloquin, Executive Vice President and General Manager Power Microwave and Green Energy Solutions Group. “Their products are world class and provide disruptive technology to our customers looking for superb hard-switching components with excellent lead-times.” About Navitas Navitas Semiconductor (Nasdaq: NVTS) 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 70 million GaN units and 9 million SiC have been shipped, now with the industry’s first and only GaN 20-year warranty. Navitas was the world’s first semiconductor company to be CarbonNeutral®-certified. About Richardson Electronics – Power & Microwave Technologies About Richardson Electronics, Ltd. Richardson Electronics common stock trades on the NASDAQ Global Select Market under the ticker symbol RELL. Navitas, GaNFast, GaNSense, GeneSiC, and the Navitas logo are trademarks or registered trademarks of Navitas Semiconductor and subsidiaries. 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 Information: A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/e5003b95-571b-4402-8b5c-e455392469c0 ![]()
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