Trio-Tech International (TRT)

[NorthPeak22]

Significant upside here as results from their initial contract are expected this Q.

TRT has developed a new Dynamic High Temperature Operating Life Test (HTOL) System for Silicon Carbide (SiC) / Gallium Nitride (GaN) Power Modules used in the electric vehicle market. Designed to comply with AQG 324 automotive guidelines, TRT’s Dynamic HTOL System won an initial $1,000,000 order from a lead customer with which TRT is working closely to achieve their test requirements and validation of TRT's newly developed semiconductor testing systems. TRT is also actively engaging several new potential customers for similar applications. In light of the strong global growth projections for the GaN & SiC power semiconductor market, TRT believes that its new test system has the potential to significantly contribute to TRT's long-term growth and profitability!