Founded in 2004, GeneSic Semiconductor Inc. is a manufacturing company specializing in silicon carbide (SiC) semiconductor components, founded by Dr. Ranbir Singh in the United States. GeneSic Semiconductor, as one of the pioneers and world leaders in the field of silicon carbide, has invested in high-power silicon technology. At the same time, the company's silicon carbide technology has been applied in advanced industrial and defense systems around the world, and manufacturers also use the company's technology to improve product performance and efficiency. GeneSic Semiconductor has extensive expertise in the design and manufacturing processes of silicon carbide power devices. The company's business scope covers the design and manufacturing of power devices, and its product line includes high-performance electronic devices, electronic components, and electronic devices, especially power semiconductor devices. GeneSic Semiconductor has a wide range of technology applications, such as aerospace, defense, automotive, alternative energy, transportation, and healthcare, thanks to the company's reliability and superiority in technology and capability innovation. GeneSic Semiconductor was announced to be acquired by semiconductor company Navitas on August 17, 2022, becoming a part of Navitas. This acquisition also accelerates Navitas' development in areas such as electric vehicles.