Summary
Ideal Power launches public offering to fund B-TRAN commercialization efforts
Ideal Power Inc (NASDAQ:IPWR, FRA:5ILA) announced it has commenced an underwritten public offering of its common stock, subject to market conditions. The company said it intends to use the net proceeds primarily to advance commercialization of its B-TRAN technology.
Ideal Power CEO David Somo charts path for B-TRAN commercialization
New Ideal Power Inc (NASDAQ:IPWR) CEO David Somo is already steering the technology company toward its next chapter of growth. Fresh off a new purchase order from automotive giant Stellantis, the company is ramping up momentum as it heads into 2026.
Ideal Power Inc. (IPWR) Q3 2025 Earnings Call Transcript
Ideal Power Inc. ( IPWR ) Q3 2025 Earnings Call November 13, 2025 10:00 AM EST Company Participants Jeff Christensen David Somo - CEO, President & Director Timothy Burns - CFO, Secretary & Treasurer Conference Call Participants Casey Ryan - WestPark Capital, Inc., Research Division Presentation Operator Good morning, ladies and gentlemen, and welcome to the Ideal Power Third Quarter 2025 Results Conference Call. [Operator Instructions] As a reminder, this event is being recorded.
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Ideal Power Inc. Profile
| Electrical Equipment Industry | Industrials Sector | David Somo CEO | NASDAQ (CM) Exchange | 451622203 CUSIP |
| US Country | 16 Employees | - Last Dividend | 20 Aug 2019 Last Split | 22 Nov 2013 IPO Date |
Overview
Ideal Power Inc. is a pioneer in the field of power conversion technology, taking a significant step forward with the development and commercialization of its groundbreaking bidirectional bipolar junction TRANSistor (BJT) solid-state switch technology. This innovation is a cornerstone of the company's product line, addressing a wide range of applications across various markets including electric and hybrid electric vehicles, renewable energy, energy storage systems, and more. Originally founded as Ideal Power Converters Inc., the company underwent a name change to Ideal Power Inc. in July 2013, symbolizing a broader focus on its technology's potential applications. Since its inception in 2007, Ideal Power has established its headquarters in Austin, Texas, where it continues to innovate and expand its market reach.
Products and Services
- Bidirectional Bipolar Junction TRANsistor Solid-State Switch Technology:
- SymCool Power Module:
This cutting-edge technology represents a leap forward in power conversion, allowing for more efficient, reliable, and compact solutions. Ideal Power's bidirectional BJT solid-state switch is designed to facilitate the rapid transfer of power in two directions, making it indispensable for applications such as electric vehicle charging, renewable energy systems, and uninterruptible power supplies for data centers. Its unique properties help reduce power loss and improve the overall efficiency of power conversion processes.
The SymCool Power Module has been developed to address the specific needs of the solid-state circuit breaker market. It stands out for its ability to achieve low conduction losses, which is a critical factor in increasing the efficiency and reliability of solid-state circuit breakers. By leveraging this technology, Ideal Power Inc. is able to offer solutions that enhance performance in a variety of settings, including industrial motor drives, solid-state circuit breakers, and distribution and transmission switches and controls.
