# Navitas makes $5M strategic investment in Magnachip for SiC technology

Navitas Semiconductor has agreed to make a $5 million strategic equity investment in Magnachip Semiconductor, deepening their partnership to develop silicon carbide power semiconductor technology. The transaction is expected to close on or about September 24, 2026.

- Type: Investment
- Announced: 2026-09-21
- Where: United States
- Value: $5.00M
- Status: announced
- Products: silicon carbide power semiconductors
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [Navitas Semiconductor](https://endata.com/companies/28196.md) (investor)
- [Magnachip Semiconductor](https://endata.com/companies/32126.md) (target)

## Sources

- [streetinsider.com](https://www.streetinsider.com/Corporate+News/Navitas+invests+%245M+in+Magnachip+to+advance+SiC+technology/27082827.html), 2026-09-21: "By combining Navitas' proven GeneSiC technology and materials ecosystem with Magnachip's power semiconductor expertise, manufacturing capabilities and customer relationships, we believe we can accelerate our entry into attractive high-voltage and ultra-high-voltage markets."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.