Navitas Semiconductor and BrightLoop partner on hydrogen fuel-cell chargers for heavy-duty EVs

Navitas Semiconductor Corporation (NASDAQ: NVTS), a global leader in GaN and SiC-based power semiconductors, has partnered with BrightLoop Technologies, a French innovator in advanced power electronics, to develop and deploy next-generation hydrogen fuel-cell charging systems. Announced on June 3, 2025, the collaboration aims to commercialize high-efficiency, high-density hydrogen chargers optimized for heavy-duty transportation segments such as agricultural tractors, industrial logistics fleets, and construction machinery. The core technology integrates Navitas’ auto-qualified Gen-3 Fast (G3F) silicon carbide (SiC) MOSFETs into BrightLoop’s cutting-edge 250 kW high-voltage DC/DC converters.

This announcement reflects a broader market pivot toward hydrogen fuel-cell solutions for sectors that cannot rely solely on battery-electric configurations. High power density, fast refueling, and rugged reliability are driving hydrogen’s rise in commercial transport. Navitas and BrightLoop are directly addressing the limitations of legacy charging infrastructure by delivering converters with breakthrough performance in energy efficiency and modularity.

What Sets BrightLoop’s Power Electronics Apart?

BrightLoop’s multiverter platform is central to this initiative. Unlike traditional converters that often operate in fixed voltage modes, multiverters can dynamically manage both AC and DC loads. Using a proprietary Power Flow Processor, the system intelligently adapts to variable power demands while maintaining efficiency levels above 98 percent. At a volumetric power density of up to 60 kW/L and a gravimetric density of 35 kW/kg, BrightLoop’s chargers are designed for compact environments without sacrificing performance. The 250 kW version can deliver 950VDC at 480A and can be paralleled to enable megawatt-class charging.

The scalability of BrightLoop’s systems makes them suitable for multiple verticals—from off-grid hydrogen stations and mobile refueling units to integrated hydrogen-electric tractors. This flexibility is especially relevant as fleet operators seek futureproof solutions that can operate across varying duty cycles and climates. The multiverter’s performance also builds on BrightLoop’s proven record in motorsport, aerospace, and defense—sectors where reliability and performance margins are non-negotiable.

How Do Navitas’ SiC MOSFETs Power This Hydrogen Leap?

Navitas’ GeneSiC™ G3F silicon carbide MOSFETs are specifically engineered for high-voltage, high-power applications where performance under thermal stress is critical. These devices employ a trench-assisted planar architecture, enabling extremely low RDS(ON) increase as temperatures rise. This translates into up to 25°C lower case temperature compared to legacy SiC components, significantly extending operational lifespan and lowering system-level cooling requirements. With a typical lifespan up to three times longer than comparable SiC solutions, Navitas’ G3F line offers a decisive advantage in continuous-duty environments.

The device architecture also supports tight threshold voltage distribution, which is crucial for safe and efficient paralleling—an essential feature when scaling up to megawatt applications. Navitas has highlighted that their G3F products demonstrate up to 20 percent lower RDS(ON) during real-world operating conditions, not just under lab simulations. These MOSFETs also possess the industry’s highest published avalanche capability and a 30 percent longer short-circuit withstand time, attributes that reinforce their suitability for high-reliability applications.

By incorporating these components, BrightLoop’s chargers gain enhanced switching performance, ruggedness, and reliability—enabling smarter, safer, and more efficient energy transfer in critical hydrogen mobility systems. The result is a unified platform where both component-level innovation and system-level architecture align to serve demanding use cases such as hydrogen-powered off-highway vehicles and remote refueling infrastructure.

How Is the Market Reacting to Navitas Semiconductor’s Strategic Expansion?

As of June 3, 2025, Navitas Semiconductor Corporation (NASDAQ: NVTS) is trading at $6.25, reflecting a substantial increase from its $4.11 level recorded 12 months prior. The stock experienced a dramatic 164 percent surge on May 22, 2025, after the company announced a separate collaboration with NVIDIA for Kyber AI data center infrastructure, which also uses Navitas’ GaN and SiC platforms. However, the rally was followed by a 12.77 percent intraday drop on May 23, attributed to broader clean tech sector volatility and high-frequency trading pressure.

Despite the turbulence, analyst sentiment has generally skewed positive. Rosenblatt Securities maintained its “buy” rating and raised its price target from $4.00 to $6.00, citing Navitas’ dual-material strategy as a core strength. In contrast, Morgan Stanley downgraded the stock to “underweight,” reducing its target price from $2.10 to $1.50 due to concerns over near-term revenue traction. Market consensus currently categorizes NVTS as a “Moderate Buy” with an average target price of $3.79, highlighting the divergence in expectations between bullish and cautious camps.

What Are Institutions and Insiders Doing with NVTS Stock?

Institutional interest in Navitas remains strong, with total institutional ownership at 46.14 percent. Leading holders include Vanguard Group Inc. with a 5.03 percent stake and BlackRock Inc., suggesting continued confidence among large passive investment funds. Bank of America significantly increased its position by 206.9 percent in the first quarter of 2025, signaling optimism about the company’s long-term direction, particularly in clean energy and electrification plays. In contrast, Point72 Asset Management reduced its exposure by 55 percent, reflecting a tactical shift or profit booking.

Insider activity, however, has raised eyebrows. CEO Eugene Sheridan sold over 2.15 million shares in late May 2025, generating proceeds of approximately $9.68 million. Other executives, including CFO Todd Glickman and Director Brian Long, also executed significant sales during the same period. While such activity can often be attributed to personal liquidity planning, the clustered timing has prompted scrutiny from institutional analysts tracking executive sentiment.

How Does This Fit into Broader Energy and Semiconductor Sector Trends?

The Navitas-BrightLoop alliance underscores a major shift in power semiconductor strategy—from consumer-centric applications to industrial and transportation infrastructure. SiC is emerging as the semiconductor material of choice for high-voltage systems where heat management, compact design, and ruggedness are mission-critical. Hydrogen fuel-cell adoption is accelerating globally, driven by supportive policy in the EU, U.S., and Japan. However, the supporting power infrastructure—particularly DC/DC converters and charge controllers—has lagged in innovation. This deal attempts to bridge that gap.

Navitas has progressively repositioned itself since its 2021 IPO and its 2022 acquisition of GeneSiC Semiconductor, moving beyond GaN fast chargers into AI infrastructure, electric mobility, and now hydrogen. BrightLoop, known for its work with high-performance systems in aerospace and motorsport, is leveraging that legacy to build next-gen energy platforms with higher flexibility and efficiency than traditional solutions.

This collaboration is well-timed with public and private capital accelerating into hydrogen supply chains. The dual advantage of field-ready hardware and low total cost of ownership could position the Navitas-BrightLoop system as the go-to power electronics solution in upcoming fuel-cell vehicle rollouts and stationary applications.

What Should Investors Expect from NVTS Going Forward?

Looking ahead, the viability of Navitas Semiconductor hinges on sustained design wins across AI data centers, EVs, and now hydrogen infrastructure. Revenue concentration risk remains a challenge. In Q1 2025, the company reported revenue of $14.0 million—a 39.7 percent year-over-year decline—alongside a GAAP net loss of $25.3 million. However, analysts and institutional investors alike appear to be weighing these numbers against a long-term narrative centered on material innovation and sectoral diversification.

Navitas’ performance over the next two quarters will likely be scrutinized for signals of traction in SiC revenue contribution. Upcoming events, including demonstrations at EVS39 and the Hydrogen Technology Expo, may offer visibility into OEM partnerships and supply chain readiness. Analysts also expect that licensing agreements, joint ventures, or potential M&A activity could further catalyze growth.

If successfully executed, this partnership with BrightLoop could become a case study in how deep tech hardware startups can scale by aligning with best-in-class component suppliers. For long-term investors, NVTS remains a compelling, albeit volatile, play on the future of electrified mobility and industrial decarbonization.