Navitas Semiconductor is a fabless designer and marketer of next-generation power semiconductors, primarily gallium nitride (GaN) and silicon carbide (SiC) devices used in power conversion and charging applications. The company serves high-power markets including AI data centers, energy and grid infrastructure, performance computing, and industrial electrification, offering products that deliver superior efficiency, power density, and energy savings compared to legacy silicon technologies. Navitas operates as a fabless design house, outsourcing manufacturing to multiple qualified foundry partners globally while maintaining control over product technology and maintaining its own capital-light business model with a robust patent portfolio and no debt.