{
  "id": 10526246,
  "title": "Navitas Semiconductor stock surges 20% on U.S. defense contract",
  "url": "https://urgent.news/2026/09/28/navitas-semiconductor-stock-surges-20-on-u-s-defense-contract",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-28T20:23:25.000Z",
  "source": {
    "name": "Investing.com",
    "slug": "investing-com",
    "url": "https://www.investing.com/news/stock-market-news/navitas-semiconductor-stock-surges-20-on-us-defense-contract-4921138"
  },
  "original_language": "en",
  "account": null,
  "summary": "Navitas Semiconductor (NASDAQ:NVTS) shares surged 20% in after-hours trading after the U.S. Government selected the company to develop next-generation 10 kV silicon carbide power semiconductors. The U.S. Army awarded Navitas the ALATTIS (Accelerated, Large-Area, 10 kV SiC IGBT) program following a competitive evaluation, recognizing the company's ultra-high-voltage SiC innovation and U.S.-anchored manufacturing capabilities. The ALATTIS prototype project will develop and validate a domestic manufacturing process for ultra-high-voltage silicon carbide power semiconductor devices, with the goal of advancing high-power electronics for defense and infrastructure applications.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "Investing.com",
        "title": "Why is Navitas Semiconductor stock surging today?",
        "url": "https://urgent.news/2026/09/28/why-is-navitas-semiconductor-stock-surging-today",
        "published": "2026-09-28T21:31:26.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}