{
  "id": 10540730,
  "title": "Why is Navitas Semiconductor stock surging today?",
  "url": "https://urgent.news/2026/09/28/why-is-navitas-semiconductor-stock-surging-today",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-28T21:31:26.000Z",
  "source": {
    "name": "Investing.com",
    "slug": "investing-com",
    "url": "https://www.investing.com/news/stock-market-news/why-is-navitas-semiconductor-stock-surging-today-93CH-4921273"
  },
  "original_language": "en",
  "account": "Navitas Semiconductor's stock experienced a significant surge of +14.4% in after-hours trading following the U.S. Army's award of a contract to develop advanced 10 kilovolt silicon carbide power semiconductor technology. The contract, known as ALATTIS, is part of the Army's effort to advance high-power electronics for defense and infrastructure applications. Navitas was selected from a pool of leading U.S. silicon carbide technology companies due to its expertise in ultra-high-voltage SiC innovation, its ability to deliver defense-grade performance and reliability, and its resilient U.S.-anchored manufacturing ecosystem. The company's GeneSiC SiC power semiconductor portfolio, spanning voltage ratings from 650 V to 6.5 kV, is manufactured in a U.S.-based supply chain, with Navitas having developed ultra-high-voltage SiC products since 2010. The contract win is significant as it adds to a series of strategic moves reshaping Navitas' business profile.",
  "summary": null,
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "Investing.com",
        "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",
        "published": "2026-09-28T20:23:25.000Z"
      }
    ]
  },
  "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."
}