NexGen Power Systems and General Motors to Receive Department of Energy (DoE) Award for GaN-Based Electric Drive Systems

NexGen Vertical GaN Semiconductors To Be Used In DoE Sponsored Inverter Drive Systems Project for Electric Vehicles

SANTA CLARA, Calif., June 29, 2023 /PRNewswire/ -- NexGen Power Systems, Inc., a global leader in the design, development and manufacture of Vertical GaN® semiconductors for high power applications, today announced that its collaborative project with General Motors (NYSE: GM) had been awarded funding by the U.S. Department of Energy (DoE) for the development of electric drive systems using NexGen's Vertical GaN semiconductors. The joint development project aims to enhance the efficiency, performance, and overall sustainability of electric vehicles and intends to focus its efforts on power electronics design, motor integration, thermal management, and system-level optimization for electric drive systems.

"We are excited that the DoE award gives us the opportunity to develop GaN-based electric drive systems with a leading automotive manufacturer like General Motors," said Shahin Sharifzadeh, Chief Executive Officer of NexGen. "This collaboration will help us introduce Vertical GaN based inverter drive systems to the electric vehicle market and will help enable auto makers to improve range, reduce weight, and enhance system reliability."

Today's announcement builds on NexGen's February 2023 announcements regarding the availability of engineering samples for its 700V and 1200V semiconductors. NexGen's current generation 1200V, 1 Ohm, Vertical GaN e-mode Fin-jFETs have successfully demonstrated >1 MHz switching at 1.4kV rated voltage, making the NexGen devices important to continued performance, reliability and efficiency improvements in the electric vehicle market.

About NexGen Power Systems:

NexGen Power Systems designs, develops, and manufactures NexGen Vertical GaN® semiconductors for innovative high-power applications and power conversion systems. NexGen's seminal patent portfolio for Vertical GaN technologies includes more than 100+ fundamental patents in Vertical GaN device architectures, process technology and circuitry. NexGen is headquartered in Santa Clara, California and manufactures its NexGen Vertical GaN® semiconductors in the United States at its facility in Syracuse, New York. For further details, please visit our website: https://www.nexgenpowersystems.com

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