Navitas Semiconductor (“the Company” or “Navitas”), the industry leader in GaN Power ICs, and Live Oak Acquisition Corp. II (NYSE: LOKB) (“Live Oak II” or “LOKB”), today announced an in-person, buy-side investor day at NASDAQ headquarters in New York on July 26th, demonstrating continued progress on Navitas’ plan to become publicly-traded, as previously announced.
Gallium nitride (GaN) is a next-generation semiconductor technology that runs up to 20x faster than legacy silicon chips. Navitas’ proprietary GaN power ICs integrate GaN power (FET) and GaN drive plus control and protection in a single SMT package. These GaNFast power ICs become easy-to-use, high-speed, high-performance ‘digital-in, power-out’ building blocks and deliver up to 3x faster charging in half the size and weight, and with up to 40% energy savings compared with legacy silicon chips.
Navitas predicts GaN power ICs can address markets estimated to grow to over $13B in 2026. Navitas estimates that GaN can impact up to 2.6 Gtons of CO2 reduction annually by 2050. Navitas has already shipped over 20M GaNFast power ICs to tier-1 companies including Dell, Lenovo, Xiaomi, LG, OPPO and more, with over 135 customer designs in mass production and over 150 more in development.
In-person attendees will experience GaNFast charging in real time, with hands-on live demonstrations, and discover how GaN power ICs can revolutionize power conversion in mobile, consumer, data center, EV and solar markets.
Navitas’ senior management team, including Gene Sheridan (co-founder and CEO), Dan Kinzer (co-founder & COO/CTO), Todd Glickman (Sr VP Finance), David Carroll (Sr VP Worldwide Sales) and Stephen Oliver (VP Corporate Marketing & Investor Relations) will be in New York to discuss technology, markets and financial details.
The Live Oak II team in New York will include Rick Hendrix (CEO), Gary Wunderlich (President), and Adam Fishman (COO).
