Navitas Expands Global Distribution Network with Avnet

Rhea-AI Summary

Navitas (Nasdaq: NVTS) expanded its distribution agreement with Avnet, making Avnet a globally franchised strategic distributor for Navitas’ GaNFast and GeneSiC wide bandgap products, effective Dec 11, 2025. The move consolidates Navitas’ franchised distribution partners, builds on Avnet Silica’s European success, and aims to provide faster global access and consistent technical support for high-power markets including AI data centers, HPC, renewable energy, grid infrastructure, and industrial electrification.

The partnership assigns Avnet commercial and engineering responsibilities to accelerate adoption of Navitas’ GaN and SiC platforms worldwide.

Key Figures

Q3 2025 revenue $10.1 million Net revenues vs $21.7 million a year ago

Q3 2025 net loss $19.2 million Quarterly net loss, or $0.09 per share

9M 2025 revenue $38.6 million First nine months vs $65.3 million in 2024

9M 2025 net loss $85.1 million Net loss for first nine months of 2025

Cash & equivalents $150.6 million Balance as of Q3 2025, up from $86.7 million

Private placement proceeds $100 million Gross proceeds from Nov 2025 private placement

Shares in placement 14,814,813 shares Class A common stock issued at $6.75 per share

ATM offerings proceeds $100.0 million Gross proceeds from two ATM equity offerings in Q2 2025

Market Reality Check

$9.12 Last Close

Volume Volume 13,581,772 vs 20-day avg 18,631,834 (relative 0.73x) ahead of this news. normal

Technical Price $9.12 trading above 200-day MA at $6.16, despite being 48.74% below 52-week high.

Peers on Argus

While NVTS was down 0.55%, close peers like HIMX, AOSL, CEVA and MXL showed gains between 0.82% and 1.93%, suggesting today’s slight weakness was more stock-specific than sector-driven.

Historical Context

Date	Event	Sentiment	Move	Catalyst
Dec 08	Strategic partnership	Positive	+1.3%	Long-term GaN partnership with Cyient to target India high-power markets.
Dec 01	Product launch	Positive	+0.2%	Launch of 3300V and 2300V ultra-high-voltage GeneSiC SiC MOSFET portfolio.
Nov 20	Manufacturing partnership	Positive	-2.2%	Long-term GaN manufacturing collaboration with GlobalFoundries for AI datacenters.
Nov 17	Investor conference	Neutral	-4.7%	Announcement of participation in UBS Global Technology and AI Conference.
Nov 07	Private placement	Negative	-11.3%	Private placement of 14.8M shares for $100M gross proceeds at $6.75.

Pattern Detected

Recent strategic and product announcements generally aligned with modest positive price moves, while the private placement saw a sharply negative reaction. One major partnership headline drew a negative response, showing occasional divergence between positive news and price.

Recent Company History

Over the past month, Navitas reported multiple strategic and product developments focused on high-power markets like AI datacenters and grid infrastructure. On Nov 7, 2025, a $100 million private placement (news_id 932431) drew a -11.26% reaction. Subsequent items included an investor conference notice, a U.S. GaN manufacturing partnership with GlobalFoundries, ultra‑high‑voltage SiC product launches, and a GaN partnership in India, which mostly saw modestly positive or limited price responses.

Market Pulse Summary

This announcement expands Navitas’ long-standing Avnet Silica relationship into a globally franchised partnership with Avnet, targeting high-growth, high-power segments such as AI datacenters, performance computing, and grid infrastructure. In recent months, Navitas combined new GaN and SiC products with strategic alliances and equity raises, including a $100 million private placement. Investors following this story may watch how global channel consolidation translates into revenue trends, margin progression, and utilization of recently strengthened cash balances.

Key Terms

gallium nitride technical

"GaNFast™ gallium nitride (GaN) and GeneSiC™ silicon carbide"

Gallium nitride is a durable semiconductor material used to make electronic components that switch faster, handle higher voltages, and waste less energy than older silicon parts. Think of it as a lighter, more efficient motor in an appliance: it lets devices shrink, run cooler and save power, which can lower manufacturing costs, enable new products and boost sales or margins for companies that adopt it—key factors investors watch.

silicon carbide technical

"GeneSiC™ silicon carbide (SiC), today announced an expansion"

Silicon carbide is a hard, durable material made from silicon and carbon, often used in industrial applications like cutting tools and electronics. Its ability to withstand high temperatures and conduct electricity efficiently makes it valuable in manufacturing advanced electronic devices. For investors, companies working with silicon carbide are seen as key players in the growing market for high-performance electronics and energy-efficient technologies.

AI-generated analysis. Not financial advice.

Navitas expands globally with Avnet building on its existing Avnet Silica (Europe) relationship, to support high-growth high-power markets such as AI data centers, performance computing, energy and grid infrastructure and industrial electrification

TORRANCE, Calif., Dec. 11, 2025 (GLOBE NEWSWIRE) -- Navitas Semiconductor (Nasdaq: NVTS), an industry leader in next-generation GaNFast™ gallium nitride (GaN) and GeneSiC™ silicon carbide (SiC), today announced an expansion of its distribution agreement with Avnet (Nasdaq: AVT), making Avnet a globally franchised strategic distribution partner for Navitas.

The deal is part of the ongoing consolidation of Navitas’ franchised distribution partners and represents a significant expansion of the company’s channel presence with Avnet, one of the world’s largest electronic component distributors. It follows Avnet Silica’s significant success in reaching European customers.

Under the terms of the partnership, Avnet will supply technical and commercial expertise for Navitas’ GaN and SiC, high-voltage and high-power wide bandgap semiconductor devices. This will better support the growth of AI data centers, high-performance computing, renewable energy, grid infrastructure, and industrial electrification.

This consolidation ensures customers benefit from both regional specialists such as Avnet Silica in Europe and, a globally aligned distribution framework with Avnet in all the geographies, giving fast, reliable access to Navitas products, as well as consistent technical support anywhere in the world.

“This builds considerably on the successful role that Avnet Silica has played in reaching and developing our strategically important European customers,” said Alessandro Squeri, Vice President Global distribution, Operations & Transformation, Navitas. “As we consolidate our distribution network to align with high-power market focus, expanding Avnet’s franchise globally was a natural next step, and their engineering expertise, global reach, and deep customer relationships make them an ideal partner to accelerate adoption of our GaN and SiC platforms worldwide.”

“The global expansion of the Avnet Silica partnership is testament to the strength of our teams in supporting customers in these demanding high-power markets,” said Alex Iuorio, Senior Vice President, Global Supplier Development, Avnet. “Navitas’ leadership in wide bandgap innovation aligns strongly with Avnet’s commitment to enabling advanced, energy-efficient solutions for our customers. We look forward to further extending this successful collaboration as customers drive the next wave of electrification and high-performance power design.”

For further information on the partnership and Navitas’ products, please visit www.navitassemi.com.

About Navitas
Navitas Semiconductor (Nasdaq: NVTS) is a next-generation power semiconductor leader in gallium nitride (GaN) and IC integrated devices, and high-voltage silicon carbide (SiC) technology, driving innovation across AI data centers, performance computing, energy and grid infrastructure, and industrial electrification. With more than 30 years of combined expertise in wide bandgap technologies, GaNFast™ power ICs integrate GaN power, drive, control, sensing, and protection, delivering faster power delivery, higher system density, and greater efficiency. GeneSiC™ high-voltage SiC devices leverage patented trench-assisted planar technology to provide industry-leading voltage capability, efficiency, and reliability for medium-voltage grid and infrastructure applications. Navitas has over 300 patents issued or pending and is the world’s first semiconductor company to be CarbonNeutral^®-certified.

Navitas Semiconductor, GaNFast, GaNSense, GaNSafe, GeneSiC, and the Navitas logo are trademarks or registered trademarks of Navitas Semiconductor Limited or affiliates. All other brands, product names and marks are or may be trademarks or registered trademarks used to identify products or services of their respective owners.

Contact Information
Navitas Semiconductor
Vipin Bothra
info@navitassemi.com

Navitas Investor Contacts
Leanne Sievers | Brett Perry
Shelton Group
sheltonir@sheltongroup.com

Cautionary Statement Regarding Forward-Looking Statements

This press release includes “forward-looking statements” within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements are attempts to predict or indicate future events or trends or similar statements that are not a reflection of historical fact. Forward-looking statements may be identified by the use of words such as “we expect” or “are expected to be,” “estimate,” “plan,” “project,” “forecast,” “intend,” “anticipate,” “believe,” “seek,” or other similar expressions. Forward-looking statements are made based on estimates and forecasts of financial and performance metrics, projections of market opportunity and market share and current indications of customer interest, all of which are based on various assumptions, whether or not identified in this press release. All such statements are based on current expectations of the management of Navitas and are not predictions of actual future performance. Forward-looking statements are provided for illustrative purposes only and are not intended to serve as, and must not be relied on by any investor as, a guarantee, an assurance, a prediction or a definitive statement of fact or probability. Actual events and circumstances are difficult or impossible to predict and will differ from assumptions and expectations. Many actual events and circumstances that affect performance are beyond the control of Navitas and, forward-looking statements are subject to a number of uncertainties. Our businesses are subject to certain risks that could materially and adversely affect our respective business, financial condition, results of operations, or the value of our securities. For Navitas, these and other risk factors are discussed in the Risk Factors section beginning on p. 15 of our annual report on Form 10-K for the year ended December 31, 2024, as updated in the Risk Factors section of our most recent quarterly report on Form 10-Q, and in other documents we file with the SEC. If any of these risks, as discussed in more detail in our SEC reports, materialize or if our assumptions underlying forward-looking statements prove to be incorrect, actual results could differ materially from the results implied by these forward-looking statements.

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/b7d61532-f20a-4d7a-92c9-29ac8f52f8b2

FAQ

What did Navitas announce about its distribution network on Dec 11, 2025 (NVTS)?

Navitas announced a global expansion of its distribution partnership with Avnet, making Avnet a globally franchised strategic distributor for Navitas’ GaN and SiC products.

How will the Avnet expansion affect Navitas (NVTS) product availability?

The global franchise aims to provide faster, consistent access and technical support for Navitas products across global regions, building on Avnet Silica’s European operations.

Which markets will Navitas (NVTS) target through the Avnet global partnership?

The partnership targets high-power growth markets: AI data centers, high-performance computing, renewable energy, grid infrastructure, and industrial electrification.

Does the Dec 11, 2025 Navitas–Avnet deal include financial terms or revenue guidance for NVTS?

No financial terms or revenue guidance were disclosed in the announcement.

Will Avnet provide engineering support for Navitas (NVTS) products globally?

Yes; Avnet will supply both technical and commercial expertise to support Navitas’ GaN and SiC high-voltage, high-power devices worldwide.

How does the Avnet franchise relate to Avnet Silica’s role in Europe for Navitas (NVTS)?

The global franchise builds on Avnet Silica’s European success while aligning distribution under a globally consistent framework to maintain regional specialist support and worldwide reach.