here some some acquisition intellectual you, last the Thank everyone. well time are strong what place manufacturing we versus walk had I'll first afternoon, key front do of good and property, Mario, priorities. dominating and through in of as the that product we'd in as Transphorm's portfolio, recent our of then and business channels as strength cover exciting market of opportunities future as us today you said our well
we of first very, X for automotive adopters get be vehicles our business we for and with supply RF. comments we of those for then And of bite our in a the XG the fast devices; chargers. all, XG. very XG, reiterating power wherein our here, very epi midst devices with epiwafers the Electric to and with at are vehicles Mario's But megatrends, vertical, power electric exciting excited second
Next slide, Brett.
nitride So established And with opportunity even market for the market in overall, space. gallium addressing as has a time more conversion. we're become has power here tremendous progressed, GaN
in We next we are billion looking as GaN at doubling $X.X call several it, a more that and the than TAM, years.
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So into some insights the let's and position segments how of get recent strongly. helping new are those into these Transphorm
Next slide, Brett.
with are older power, have you multiple part is about. that of and in many talked of this chargers those So the arena a replaced power. a are now not, chargers the adapters key are lower with in fast familiar the But who where case shift we higher adapter being
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Brett. slide, Next
vehicles. electric GaN and potential vectors to opportunities the more onboard Transphorm charging, converters. cost-efficient for power power area and the TGAN largest electronics When to of the conversion enable enable power of market One efficient offers is GaN and overall with it enduring in conversion range conversion, faster and in that inverters several higher and the driving comes lighter smaller, most automotive, in
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Next slide.
has so-called the segments earlier solid us in one SSN, data the server a and -- power for networking one we high-efficiency always market segment storage server of been supplies, segment with communication, was So the that targeted.
manufacturing cost supply level along associations efficiency, nitride allows savings, power centers. class here, density, So specific supply to energy additional efficiency high-power standard not which of standards, for power customers size of cost which but like chain or into enables total in our the translate gallium data a down titanium system ownership that is only the compact with
saved in a supply For example, more improvements in typical X-megawatt $XXX,XXX than efficiency power be with can center. our small data
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are integrators, to gear meet power XXXX that they downstream standards. makers all be XXXX who in expected are customers to to for these and Our in providers, up system supply customers, server ready their
slide. Next
gears. shifting So
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more we our the aim own continue we As build even quicker for expand designs adapters efforts in customers, for and area our to also reference this in coming year.
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to die power only products, and both gallium XXX-volt sub-XXX product X- X and our in both the XXX-volt server is robust And now high-voltage possible applications Transphorm and we watt IV larger to XXX-volt products, company industrial of second bullet still Our because in X-kilowatt the have released proof for the that's operation. being adapters, for a production, Gen offering. are for nitride our
released earlier totem for Microchip circuits and for reference, time analog the X-kilowatt the and who this for year design that also with complements for of ease our in the have released reduces new designed prefer analog-based successfully pole customers This we circuits by also design. simplicity digital and application. power this fundamental was design high-efficiency backed bridge factor We in IP correction our power supplies supply power
for V sampled for application time. have high-current the we out target samples our We also Gen engineering laid select last
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of excited to XXXX build from of large of sales being DoD business revenue securing them epiwafer of our are $XXX,XXX far, second in our DoD all prime We vertical also so over customers out contractors. X
is in focused program continue we navy existing are to This automotive always addition to company which partners. of continues solidly. strong with The They baseline actually revenue vehicles on government on build on Transphorm electric to -- important our execute the strategic to areas. and industrial especially
pleased are targeted plan associated that is on We to company, partner Yaskawa, $X NRE-based drives. million development on product of motor for report we aligned have a agreement a that long-time an the
Nexperia The execution is agreement smoothly. track on cooperation overall is and proceeding
in and the mapping for and deepened the Marelli, and customers automotive converters longer-term also DC/DC the product with to product the efforts have same We development and particular, plans chargers, longer-term for our partnership EV inverters. multiyear
please. slide, Next
on of to up into finish strong year I next a off the So areas exciting set aim build wanted go of key several out and very look XXXX the we as lay focus and months. the forward a this and we continue to few to QX very foundation for XXXX. parts to early
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power Next, completing QX. secure in supplies shipments data production center orders QX in for
the of aiming this qualification automotive front, the we position portfolio completing continue design margins. to which our additional JEDEC reference power to applications. want supplies months, designs An hand-in-hand, server then address improved we start product, But we to sampling designs is building Gen important as -- want IV fill and we both commercial SKUs support is new our out adapters want our objective qualified to And product reference both automotive product commercial qualification. several all year. already to release for for product to for continue adapters product next new and the production On and for Gen IV next
an For MOCVD on operational. And our which government well that on acquired coming was and foremost, navy up our programs keeping and to business, get revenue milestone continue program, new execute then reactor the track. navy epi epi program first is we this under important
opportunity faster to see and to that In nice year. DoD the next over our epi vertical customers commercial business, we add more complement grow customers a our
milestones key like NRE agreement. on partners' our aligned then we for activity, And said, the strategic Yaskawa I have
So now final the milestones of complete first agreement, their next and secure the $X with step complete of that signing the the is million funding increment to first agreement. deliverables that associated
agreement Second, secure product on which this with Transphorm's market investment million EV $X original plan Nexperia's we in And from product designs was architecture with and execution the the equity systems cpupled continued investment, continue with win-win then end design of that own in normally cooperation area. QX, the grow to had and to investment Marelli Nexperia the the and development. a
say especially on executing plans international and quarter, I'm challenging solid business, us, wins design to of development all, government, epi product with and partner respect our some pleased facing to in orders, that All travel. rollout, a despite environment we had to the and new production
hand us power you revenue electric vehicles over the set who supplies, we center in to and data financials. will CFO, call well Cameron design-in as look we chargers, growth grow in our epi XXXX, products' to walk through will activities. adapters, now keeping serve I automotive our the will McAulay, platform The momentum have
