Navitas Semiconductor Corporation

The US military has chosen Navitas Semiconductor for the ALATTIS prototype program to develop 10‑kV silicon carbide power chips. The contract promotes the build‑out of a domestic supply chain for critical grid and military infrastructure, thereby strengthening Navitas’s market position. After the announcement, the stock jumped in a gap‑up on high trading volume. » Mere på finanzen.net

Navitas Semiconductor has announced a binding agreement to acquire Claros; the transaction is worth up to about $232.8 million and contemplates roughly $216.0 million in cash and stock at closing, with the remainder payable upon achievement of milestones. Claros brings VPD and IVR technologies for AI data centers that place power conversion close to or within the chip package; Navitas expects the acquisition to double its addressable market by 2030 to more than $8 billion. The boards of both companies unanimously approved the deal; closing is expected before year-end and Navitas’s existing focus on profitability will remain unchanged. » Mere på de.investing.com

Navitas has signed a definitive agreement to acquire Claros; the total transaction value is up to approximately $232.8 million based on the closing price. About $216.0 million will be paid at closing in cash and Navitas common stock, with the remainder and performance‑based equity to be paid upon achievement of milestones within two years. Claros supplies vertical power delivery and integrated voltage regulators for AI data centers; Navitas expects this to expand its addressable market for 2030 from $3.5 billion to over $8 billion. The acquisition was unanimously approved by both boards and is expected to close before year‑end, subject to customary conditions and regulatory approvals. » Mere på de.investing.com

Navitas Semiconductor released results for the quarter ended 30 June 2026, reporting a loss per share of 0.95 USD, after -0.25 USD in the year-ago quarter. Revenue fell 27.33% to 10.5 million USD from 14.5 million USD a year earlier. » Mere på finanzen.net

Navitas Semiconductor shares fell about 5.5% premarket to $10.779 after a non-GAAP loss per share of $0.95, missing the analyst estimate of $0.04 by $0.91. Revenue rose to $10.53 million, roughly 7% above consensus, and management expects Q3 revenue of $13.5 million on average, about 22% above analysts' expectations. Baird confirmed the rating. » Mere på de.investing.com