With very limited SBIR involvement coming soon after the firm was founded, Transphorm (OTC:TGAN) has grown to become a global semiconductor company developing gallium nitride (GaN) transistors and modules for high-voltage power conversion applications: still SBIR eligible. With two locations in CA and another in Japan, Transphorm is focused on redefining electric power conversion, providing cost-competitive and easy-to-embed power conversion modules that reduce costly energy loss by up to 90 percent, and simplify the design and manufacturing of motor drives, power supplies and inverters for solar panels and electric vehicles. From material technology and device fabrication to circuit design and module assembly, Transphorm, Inc. designs and delivers power conversion devices and modules. The companys products are used in the design and manufacturing of motor drives, power supplies, and inverters for solar panels and electric vehicles. Transphorm designs and delivers its power conversion devices and modules to meet the needs of global customers, helping them scale quickly and save money. By creating an ecosystem of electrical systems manufacturers powered by Transphorm, the company accelerates the adoption of application-specific power modules and paves the way for the next generation of electrical systems designed for optimal efficiency. Transphorm was honored in 2013 to be selected to attend and participate in the famous, highly exclusive Davos World Economic Forum.