Navitas Stock Jumps After U.S. Army Picks It for 10 kV Program
Navitas Semiconductor (NVTS) stock rose 10.74% premarket after the U.S. Army selected it for the ALATTIS program to develop 10 kV silicon carbide power semiconductors. The project aims to create a domestic manufacturing process for ultra-high-voltage devices, expanding Navitas' silicon carbide business into higher voltages.
How this was made
The 30-second read
Why it matters
The award validates Navitas' technology roadmap and may open further defense contracts, supporting near‑term stock upside.
Market read
First‑time disclosure of a defense contract for high‑voltage SiC devices, prompting a double‑digit pre‑market rally and potential sector‑wide optimism.
What to watch
Potential competition from larger SiC players and the timeline to commercialize 10 kV devices.
Background
Navitas Semiconductor (NASDAQ:NVTS) designs gallium‑nitride and silicon‑carbide power chips. The ALATTIS program aims to develop domestic ultra‑high‑voltage SiC devices for mission‑critical military systems.
Ticker impact
U.S. Army selected Navitas Semiconductor for the ALATTIS 10 kV silicon‑carbide program, driving a 10.7% pre‑market jump.
upward pressure as the market prices in the Army contract win
First disclosure of a defense contract for high‑voltage SiC devices; no prior coverage and a notable price move.
Market effects
Strengthens outlook for U.S. silicon‑carbide power‑semiconductor sector and defense‑grade components.
Positive for U.S. defense technology suppliers and related supply chains.
May prompt global competitors to accelerate high‑voltage SiC development.
Counterpoint
Contract size undisclosed; could be modest and not materially shift long‑term fundamentals.
Key entities
- companyNavitas Semiconductor
NASDAQ‑listed developer of GaN and SiC power semiconductors.
- governmentU.S. Army / Army Research Laboratory
Awarded the ALATTIS 10 kV silicon‑carbide development program.
