Transphorm Stock Price, News & Analysis

Transphorm, Inc. (TGAN) has launched six new surface mount devices (SMDs) in Industry Standard PQFN packages. These devices leverage Transphorm’s SuperGaN® d-mode technology, providing higher performance and reliability compared to competitive e-mode GaN solutions. The new SMDs serve as easy drop-in replacements and offer significant thermal management benefits, resulting in longer device lifetimes. They are ideal for applications in datacom, industrial systems, and power adapters. According to Philip Zuk, the Senior VP of Business Development, the introduction cements Transphorm’s low-power strategy, expanding its GaN product portfolio. The devices are currently available for sampling.

Transphorm (TGAN) announces its participation at the PCIM 2023 showcasing innovative GaN power conversion products. Highlighting the new 650 V Weltrend SuperGaN SiP and a 1200 V device, the company aims to demonstrate its extensive capabilities across the power spectrum. The WT7162RHUG24A will showcase a peak efficiency of ~94.0% with a power density of 26 W/in³, emphasizing cost-effective programmable adapters. A new evaluation board, TDINV3000W050B-KIT, will simplify GaN integration in inverter systems. Transphorm continues to lead in automotive GaN solutions with unique AEC-Q101 qualifications. The event runs from May 9-11, where potential customers can explore the diverse applications of Transphorm's technology.

Transphorm (NASDAQ: TGAN), a leader in high-performance gallium nitride (GaN) power conversion solutions, announced a significant operating milestone by surpassing 125 billion field hours for its GaN semiconductor products. This achievement highlights the company's industry-leading reliability in both low and high-power applications. The patented SuperGaN platform boasts a robust IP portfolio valued at approximately $170M and offers superior dynamic performance with efficiency exceeding 99% and reduced system costs by 20%.

The company anticipates a market growth opportunity projected to reach $6B by 2026 and aims to reduce CO₂ emissions significantly through its innovative products. Transphorm targets various sectors, including data centers and renewable energy, leveraging its extensive partnerships to expand its market footprint.

Transphorm, Inc. (NASDAQ: TGAN) has announced agreements to raise $7.3 million through the cash exercise of existing warrants and an additional $2.0 million via a private placement of 500,000 shares at $4.00 per share. The deals include the lowering of the exercise price of existing warrants to $4.00 and the issuance of new warrants, which have an exercise price of $5.00 and are valid until April 3, 2026. The Company plans to file a registration statement with the SEC within 30 days to register the resale of the shares issued under these agreements.