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Transphorm, Inc. - TGAN STOCK NEWS

Welcome to our dedicated page for Transphorm news (Ticker: TGAN), a resource for investors and traders seeking the latest updates and insights on Transphorm stock.

Transphorm, Inc. (NASDAQ: TGAN) is a pioneering semiconductor company specializing in the development of gallium nitride (GaN) transistors and modules tailored for high-voltage power conversion applications. Leveraging an industry-leading intellectual property portfolio and over 300 years of combined GaN engineering expertise, Transphorm stands at the forefront of innovation in the semiconductor industry.

At its core, Transphorm is dedicated to delivering the highest performance and reliability in GaN devices. Its cutting-edge products aim to revolutionize power conversion, moving beyond the limitations of traditional silicon-based systems to substantially reduce energy losses—up to 90% compared to existing solutions. The company’s vertically integrated business model encompasses every stage of development, from design and fabrication to application support. This comprehensive approach ensures unmatched innovation and quality control.

Transphorm's portfolio includes JEDEC and AEC-Q101-qualified GaN FETs, recognized for their exceptional reliability and performance. The company boasts the industry's only fully-qualified 650V GaN devices, rigorously tested beyond standard JEDEC requirements to ensure long-term reliability. This commitment to quality has positioned Transphorm as a trusted partner for a growing customer base seeking best-in-class, application-driven design support.

Recent achievements highlight Transphorm's role as a market leader in GaN technology. The company continues to expand its product offerings and forge strategic partnerships, further solidifying its position in the semiconductor landscape. With a focus on reducing energy consumption and driving technological advancements, Transphorm is poised to make significant contributions to various industries, from consumer electronics to automotive and industrial sectors.

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Transphorm, Inc. (OTCQX: TGAN) has successfully closed a $12.9 million private placement, raising a total of $45.9 million in equity financing over the past two months. This funding involves the issuance of 1,673,152 shares at $7.71 each, accompanied by warrants for 348,649 shares at an exercise price of $9.25. The company aims to uplist on Nasdaq, leveraging its substantial portfolio of over 1,000 patents in gallium nitride (GaN) technology to capitalize on the fast-growing power conversion market.

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Transphorm (OTC-PINK:TGAN) announces that its co-founder and CTO, Umesh Mishra, Ph.D., received the IEEE Jun-ichi Nishizawa Medal for his contributions to GaN-based electronics. This is Mishra's second IEEE award, further establishing his legacy in GaN technology.

Transphorm is recognized for its advancements in GaN power conversion solutions, including automotive-qualified devices and a significant IP portfolio with over 1,000 patents. The company aims for 200% annual product revenue growth through 2023, with product revenue increasing for seven consecutive quarters.

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Transphorm Inc. (OTCQX: TGAN) announced that its management will present at Oppenheimer’s Annual 5G Summit on December 14, 2021, at 8:35 a.m. Pacific Time. This virtual event will include a live fireside chat, with management available for investor meetings throughout the day. Transphorm is recognized for its high reliability gallium nitride (GaN) power conversion products and has a significant patent portfolio in the field. Investors can access the live webcast and replay via the company's Investor Relations page.

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Transphorm, Inc. (OTCQX: TGAN) has launched the TDTTP2500B066B-KIT, a 2.5 kW AC-to-DC evaluation board featuring the new SuperGaN Gen IV D2PAK FET. This board allows for quick swaps between different power levels, making it ideal for Data Center and Broad Industrial power supply applications. It integrates Microchip’s dsPIC33CK digital signal controller, enabling fast development and customizable firmware. The board is now available at Digi-Key and Mouser, enhancing Transphorm's portfolio in the GaN power conversion market.

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Transphorm, Inc. (TGAN) reported a strong fiscal Q2 2022, achieving record product revenue of $11.3 million, a significant increase from $1.9 million in Q2 2021. This marks the seventh consecutive quarter of growth, with a 30% year-over-year rise. Key highlights include the conversion of $15.6 million debt to equity and a $1.4 million contract from DARPA. The company also completed $33 million in equity financing. Notably, GAAP net income reached $6 million ($0.15 per share), up from losses in previous quarters. Transphorm aims to uplist its stock to NASDAQ in the near future.

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Transphorm Inc. (OTCQX: TGAN) announced the successful completion of AEC-Q101 stress tests for its SuperGaN® Gen IV 35 milliohm device, marking its third automotive-qualified product line. This device, the TP65H035G4WSQA, operates at a junction temperature of 175°C, surpassing current silicon MOSFET ratings. According to OMDIA, the early adoption of GaN transistors in the automotive market could exceed $100 million by 2025. The new device promises enhanced efficiency, reduced power loss, and improved EMI handling, positioning Transphorm favorably in the multibillion-dollar automotive sector.

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Transphorm (OTC-PINK:TGAN) announces a strategic partnership with Sino-American Silicon Products Inc. (SAS) and GlobalWafers Co., Ltd. (GWC) to enhance its supply chain in the GaN market. The partnership includes a US$15 million equity investment by SAS, which follows a previous US$5 million investment. GWC will supply GaN epiwafers, boosting Transphorm's internal capacity for production. The partnership targets growth in various sectors, including electric vehicles and fast chargers, signaling a multi-billion-dollar opportunity for Transphorm.

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Transphorm, Inc. (OTCQX: TGAN) announced the closing of a $23 million equity financing through a private placement of 4.6 million shares at $5.00 each, which includes warrants for additional shares. This financing, combined with the recent conversion of $15.6 million debt by Yaskawa Electric to common stock, enhances shareholder equity by over $37 million. The company aims to uplist on Nasdaq, leveraging its position in the high-performance GaN power market, which is expected to see significant growth.

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Diodes Incorporated (Nasdaq: DIOD) has launched a new 130W USB Type-C power delivery 3.0 adapter evaluation kit, utilizing Transphorm's SuperGaN FETs. This kit combines Diodes’ ACF controllers with cutting-edge GaN technology, offering significant advantages such as >93.5% peak efficiency, >0.90 power factor, and ultra-low standby power (<43mW). Designed for quick implementation in USB PD applications, it supports a range of power profiles and enhances thermal performance and system cost efficiency. The product is now available for manufacturers.

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Transphorm, Inc. (OTCQX: TGAN) will report its fiscal Q2 2022 financial results for the period ending September 30, 2021, on November 10, 2021, after market close. A business update conference call will be held at 2:00 p.m. PT to discuss progress in target markets. The call will be accessible via the Investor Relations section of Transphorm's website. The company specializes in high reliability gallium nitride products and boasts a robust patent portfolio, enhancing its position in the power conversion sector.

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FAQ

What is the current stock price of Transphorm (TGAN)?

The current stock price of Transphorm (TGAN) is $5.1 as of June 20, 2024.

What is the market cap of Transphorm (TGAN)?

The market cap of Transphorm (TGAN) is approximately 323.1M.

What does Transphorm, Inc. specialize in?

Transphorm, Inc. specializes in the development of gallium nitride (GaN) transistors and modules for high-voltage power conversion applications.

What makes Transphorm’s GaN devices unique?

Transphorm’s GaN devices are known for their high performance and reliability, offering up to 90% reduction in energy losses compared to traditional silicon-based systems.

What qualifications do Transphorm’s products have?

Transphorm's products include JEDEC and AEC-Q101-qualified GaN FETs, ensuring they meet rigorous industry standards for reliability and performance.

How does Transphorm ensure quality in its products?

Transphorm ensures quality through its vertically integrated business model, encompassing design, fabrication, device, and application support stages, and rigorous testing beyond standard JEDEC requirements.

What industries benefit from Transphorm’s GaN technology?

Transphorm's GaN technology benefits various industries including consumer electronics, automotive, and industrial sectors.

What recent achievements has Transphorm made?

Transphorm has expanded its product offerings, forged strategic partnerships, and continues to lead in GaN technology innovation.

What is the significance of Transphorm’s 650V GaN devices?

Transphorm's 650V GaN devices are the only fully-qualified products in the industry, offering unmatched reliability for high-voltage power applications.

How does Transphorm contribute to energy efficiency?

Transphorm's GaN devices significantly reduce energy losses by up to 90%, contributing to more efficient power conversion systems.

Who are the key partners and customers of Transphorm?

Transphorm serves a growing customer base and collaborates with various industry leaders in consumer electronics, automotive, and industrial sectors.

Where can I find the latest news about Transphorm, Inc.?

You can find the latest news about Transphorm, Inc. on stock market websites like StockTitan, under the symbol TGAN.

Transphorm, Inc.

OTC:TGAN

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TGAN Stock Data

323.12M
63.36M
20.89%
65.99%
1.47%
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