Navitas Semiconductor Corp (NVTS) shares surged 5.07% in pre-market trading on Tuesday, following the announcement of a strategic partnership with BrightLoop to revolutionize hydrogen fuel-cell charging solutions. This collaboration marks a significant step forward in the development of next-generation power technologies for heavy-duty agricultural transportation equipment.

The partnership aims to integrate Navitas' advanced Gen 3 'Fast' SiC (G3F) MOSFETs with BrightLoop's high-performance multiverters. This synergy is expected to deliver exceptional power conversion efficiencies exceeding 98% and impressive power densities up to 35 kW/kg and 60 kW/L. By leveraging Navitas' Silicon Carbide (SiC) technology and BrightLoop's Power Flow Processor, the companies are set to enhance energy management in both AC and DC applications.

Investors appear to be reacting positively to this news, recognizing the potential for Navitas to expand its footprint in the rapidly growing clean energy sector. The partnership underscores Navitas' commitment to high-efficiency, reliable power solutions and positions the company as a key player in the advancement of hydrogen fuel-cell technology. As the market opens, all eyes will be on NVTS to see if this pre-market momentum carries through the regular trading session.