Any recent news on nvts?

Here is some recent news on Navitas Semiconductor:

1. Partnership with BrightLoop: Navitas Semiconductor has partnered with BrightLoop to enhance their hydrogen fuel-cell chargers for heavy-duty agricultural vehicles. The collaboration focuses on integrating automotive-grade Gen 3 'Fast' SiC MOSFETs to boost efficiency and performance. BrightLoop's power conversion efficiencies exceed 98%, with remarkable power densities of up to 35 kW/kg and 60 kW/L. This partnership aims to deliver outstanding results in both AC and DC applications, including energy management systems for fuel cells and adaptation to high-voltage networks.
2. CEO's Stake Sale: Navitas Semiconductor's President and CEO, Eugene Sheridan, sold a significant portion of his direct ownership in the company, divesting 2,155,783 shares on May 23, 2025, at a weighted-average selling price of $4.49 per share, totaling approximately $9.68 million. Despite this sale, Sheridan retains indirect holdings in the company through various trusts. This transaction coincided with an over 10% increase in Navitas Semiconductor's stock during pre-market trading.
3. Director's Stake Sale: On May 27, 2025, Navitas Semiconductor Director David Moxam sold 714,199 shares of the company, according to a SEC Filing. Following this transaction, Moxam now owns 78,649 shares of Navitas Semiconductor. This insider sale is part of a trend of 26 insider sells over the past year, without any insider buys.
4. Surge in Share Price: Navitas Semiconductor's share price experienced a dramatic surge of 47.39%, closing at $6.50 on May 27, 2025, following a partnership with NVIDIA to develop cutting-edge power solutions for AI data centers. This strategic alliance aims to deliver advanced power systems for NVIDIA's Kyber rack-scale platforms, supporting the energy demands of AI GPUs. Navitas will contribute its proprietary GaNFast™ and GeneSiC™ technologies, leveraging gallium nitride and silicon carbide semiconductors for efficiency and scalability.
5. New Power Supply for AI Data Centers: Navitas Semiconductor introduced a new 12 kW power supply unit tailored for high-performance hyperscale AI data centers, featuring high-power rack densities of 120 kW. This power supply aligns with Open Rack v3 standards and incorporates Gen-3 Fast SiC MOSFETs, high-power GaNSafe ICs, and interleaved topologies for optimal efficiency and performance. This innovation is set to revolutionize power delivery in AI data centers.

In conclusion, Navitas Semiconductor is advancing its technology through partnerships and product innovations, while also managing insider transactions. The company's strategic moves and technological advancements are likely to shape its future in the semiconductor industry.