FAILDEX失樂園
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NexGen Power Systems

The business, the turning points, and the decisions behind them.

Founded2017
FundingUS$8.0M
Some sections are still being researched2 / 4

Sections to complete:02 · 05

01 / WHAT IT BUILT

What the company did

NexGen Power Systems designed and manufactured proprietary power conversion systems based on patented Vertical GaN (gallium nitride) technology — the world's first GaN-on-GaN power devices. Its 1200V, 1+MHz switching devices claimed to be the smallest, lightest, and most efficient commercial power systems, targeting data centers, electric vehicles, LED lighting, and computing. Founded in 2017 in Santa Clara, California, by Dinesh Ramanathan and investors led by Ahmad Chatila (Fenice Investment Group), the company built a fab in DeWitt, New York, holds 125+ patents, and ran a US Department of Energy-funded electric-drive project with General Motors.

02 / FAILURE REASONS

Pending assessment

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03 / EVENT HISTORY

Events in the structured record

  1. Founded

    Dinesh Ramanathan and an investor group led by Ahmad Chatila founded NexGen Power Systems in Santa Clara, California, after a decade of GaN research.

  2. Showcasing Vertical GaN

    The company showcased its Vertical GaN power systems at PCIM Europe 2022 and hosted a Senator Schumer tour of its DeWitt, NY fab.

  3. GM partnership and samples

    NexGen and General Motors received US Department of Energy funding for GaN-based EV drive systems; the company released engineering samples of its 700V and 1200V semiconductors.

04 / CONTEMPORARY REBUILD ASSESSMENT

Difficulty of rebuilding this project today

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Rebuild difficultyPending assessmentNot completed
Scoring basisNot completed
ScalabilityPending assessmentNot completed
Scoring basisNot completed

Overall assessment: Not completed

05 / CAUSAL CHAIN / AFTERMATH

Pending assessment

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