EPC and VPT, Inc. Announce Joint Venture – EPC Space – Targeting the Radiation Hardened Power Electronics Market for Mission Critical Applications

EPC Space, a joint venture company, will provide advanced, high-reliability, gallium nitride (GaN) power conversion solutions for critical spaceborne and other high reliability environments.

EL SEGUNDO, Calif. & BLACKSBURG, Va.--(BUSINESS WIRE)--Efficient Power Conversion (EPC) Corporation and VPT, Inc., A HEICO company (NYSE:HEI.A) (NYSE:HEI) announce the establishment of EPC Space LLC, a joint venture focused on designing and manufacturing radiation hardened (Rad Hard) GaN-on-silicon transistors and ICs packaged, tested, and qualified for satellite and high-reliability applications.

EPC Space (web address: EPC.Space) will provide advanced, high-reliability, power conversion solutions for critical spaceborne environments in applications including power supplies, light detection and ranging (lidar), motor drive, and ion thrusters. These GaN-based components offer superior performance advantages over traditional silicon-based solutions.

Alex Lidow, CEO and Co-Founder of EPC noted, “VPT’s global leadership in power conversion solutions for avionics, military, and space applications is the perfect complement to EPC’s leadership in GaN-based power conversion devices.” Further, Dr. Lidow said, “The joint venture – EPC Space – is taking the superior performance of gallium nitride to the high reliability community offering electrical and radiation performance beyond the capabilities of the aging Rad Hard silicon MOSFET.”

Dan Sable, Founder and CEO of VPT, Inc. commented, “EPC’s GaN technology enables a new generation of power converters in space operating at higher frequencies, higher efficiencies, and greater power densities than ever achievable before. We are excited about this venture’s ability to provide mission-critical components and services to our high-reliability markets.”

About EPC

EPC is the leader in enhancement mode gallium nitride-based power management devices and integrated circuits that provide even greater space, energy, and cost efficiency. EPC was the first to introduce enhancement-mode gallium-nitride-on-silicon (eGaN) FETs as power MOSFET replacements in applications such as DC-DC converters, wireless power transfer, envelope tracking, RF transmission, power inverters, remote sensing technology (lidar), and class-D audio amplifiers with device performance many times greater than the best silicon power MOSFETs.

Website: epc-co.com

eGaN is a registered trademark of Efficient Power Conversion Corporation, Inc.

About VPT and HEICO Electronic Technologies Group

VPT, Inc., part of the HEICO Electronic Technologies Group, is a global provider of innovative DC-DC power converters, EMI filters, and custom engineering services for avionics, military, space, and industrial applications. Every day, organizations like NASA, ESA, Lockheed Martin, Boeing, BAE Systems, Thales and many more depend on high-reliability solutions from VPT to power critical systems. For more information about VPT, please visit www.vptpower.com.

HEICO Corporation (NYSE:HEI.A) (NYSE:HEI) is engaged primarily in niche segments of the aviation, defense, space and electronics industries through its Hollywood, FL based HEICO Aerospace Holdings Corp. subsidiary and its Miami, FL-based HEICO Electronic Technologies Corp. subsidiary. For more information about HEICO, please visit www.heico.com.