Navitas Semiconductor (Nasdaq: NVTS) stands as a global leader in gallium nitride (GaN) power integrated circuits (ICs), revolutionizing the electronic components industry with cutting-edge GaN technology since 2014. GaN power ICs seamlessly combine GaN power devices with advanced drive, control, sensing, and protection features, delivering faster charging capabilities, higher power density, and improved energy efficiency across a wide range of applications including mobile devices, consumer electronics, enterprise systems, electric vehicles (eMobility), and renewable energy solutions. With over 150 patents issued or pending, Navitas has shipped more than 50 million units, maintaining a remarkable track record of zero field-failures in GaN components. As the first semiconductor company certified CarbonNeutral®, Navitas demonstrates its commitment to sustainability in the electronic components industry. The company's significance was further recognized when Navitas rang the Nasdaq opening bell and began trading on October 20, 2021, marking a milestone in the advancement of GaN-based power solutions.