OTTAWA, CANADA / ACCESSWIRE / May 24, 2022 / GaN Systems, the global leader in GaN (gallium nitride) power semiconductors, today announced the company’s growing presence in North America with a 3x increase in operations from its Ottawa headquarters , the opening of a design center in Dallas, Texas, and a growing footprint across the United States and Europe. This expansion comes after a recent surge in Asia Pacific and is driven by the company’s continued growth in revenue and design momentum, particularly with industry leaders in its target markets. The expansion enables the company to serve more customers and support more designs in all target markets around the world.
GaN Systems’ head office and engineering center in Ottawa has grown threefold and is expected to grow to 200 employees in the coming year. With the recent opening of a new design center in Dallas, Texas, the company doubled its overall workforce in 2021 in Asia, Europe and North America. It is set to double again in 2022.
These milestones follow three years of exponential growth, the 3X expansion of its Taiwan office, and a $150 million growth capital financing led by Fidelity Management & Research LLC with participation from strategic investors such as USI, Vitesco Technologies and BMW. These achievements are testament to the momentum of GaN and the strong growth profile that is expected to continue in the years to come.
“I am proud of all that the GaN Systems team continues to accomplish. We are the first to introduce GaN to electric vehicle production and are currently supporting production programs in our target markets – consumer, enterprise, automotive and industrial. Our exponential growth and technology leadership has driven the need to add more talented technology veterans across disciplines to keep pace with our design momentum,” said Jim Witham, CEO of GaN Systems. “Our expansion into the Americas and Asia reflects our commitment to serving our growing customer base around the world and supporting innovation in our key industries.”
GaN Systems has added technology veterans in all key disciplines, including engineering, sales and marketing. The company is bolstering its in-house capabilities with expert system-level engineering and design teams focused on power conversion from 30W to 150kW in packages ranging from discrete chips to high-power modules, application expertise in consumer chargers, data center power supplies and automotive powertrain. .
GaN Systems is expanding its reach around the world as customers in the automotive, consumer electronics, data center and industrial and renewable energy sectors seek ways to improve or create more durable and energy-efficient power systems that use fewer materials. GaN is key in creating these products, providing higher energy conversion efficiency and power density than older silicon-based power systems.
According to market analyst firm Yole Development’s report, “GaN Power 2021: Epitaxy, Devices, Applications and Technology Trends”, the GaN power market will exceed $1 billion in 2026. The GaN power market doubled in 2020, highlighting the impressive growth of fast smartphone chargers. and paves the way for telecommunications and automotive needs.
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About GaN Systems
GaN Systems is the global leader in GaN power semiconductors with the most extensive transistor portfolio that uniquely meets the needs of today’s most demanding industries, including consumer electronics, server data centers, power supplies, renewable energy systems, industrial motors and automotive electronics. As an industry-leading innovator, GaN Systems enables the design of smaller, less expensive and more efficient power systems. The company’s award-winning products provide system design opportunities without the limitations of yesterday’s silicon. By changing the rules of transistor performance, GaN Systems enables power conversion companies to revolutionize their industries and transform the world.
For more information, visit: www.gansystems.com or on Facebook, Twitter and LinkedIn and scan this QR code for our WeChat.
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