Navitas Semiconductor Corp (NVTS) Stock: Secures Army Deal for Advanced Power Chips

TLDR Navitas wins a U.S. Army award to develop advanced 10 kV silicon carbide chips. The ALATTIS project targets domestic production of high-voltage power devices. NVTS rises to $11.88 as the Army award expands Navitas’ defense exposure. Navitas will combine trench-assisted architecture with advanced diode technology. The project extends GeneSiC beyond existing MOSFETs into higher-voltage [...]

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