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.
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 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.
Ideal Power Inc (NASDAQ:IPWR) said on Thursday it is positioning for growth in electric vehicle and data center markets after securing a development order from Stellantis for its patented B-TRAN semiconductor technology. The company said the purchase order covers custom development and packaged B-TRAN devices for multiple EV applications, with the first of five deliverables already completed and the remainder expected next year.
Ideal Power Inc (NASDAQ:IPWR) has announced the appointment of David Somo as its CEO and president. Somo, who is also joining the company's board of directors, brings over 30 years of experience in the semiconductor industry, with leadership roles spanning industrial, automotive, data center, consumer, computing, and communications markets.
Ideal Power Inc (NASDAQ:IPWR) is moving toward commercialization, with near-term revenue expected from industrial and data center applications, upcoming orders from Stellantis, and expansion through global Tier 1 suppliers and Asian distribution partnerships, positioning the company for broader adoption of its B-TRAN technology. Its first design win customer is nearing completion of their prototype testing for a B-TRAN-enabled solid-state circuit breaker (SSCB) ahead of a planned rollout later this year.
Ideal Power Inc. (NASDAQ:IPWR ) Q2 2025 Earnings Conference Call August 14, 2025 10:00 AM ET Company Participants R. Daniel Brdar - CEO, President & Director Timothy W.
Ideal Power Inc (NASDAQ:IPWR) said on Thursday its first design win customer is close to completing prototype testing for a B-TRAN-enabled solid-state circuit breaker (SSCB) ahead of a planned rollout later this year. “Our first design win customer is nearing completion of their B-TRAN-enabled solid-state circuit breaker (SSCB) prototype testing,” CEO Dan Brdar said in a statement.
Ideal Power Inc (NASDAQ:IPWR) (NASDAQ: IPWR) is gaining momentum in the electric vehicle space following a new order from a global Tier 1 automotive supplier for its B-TRAN semiconductor devices and SymCool power modules. The supplier, which serves several of the world's top 10 automakers, will evaluate Ideal Power's technology for use in a next-generation solid-state EV contactor design—a critical safety component in electric vehicles.
Ideal Power Inc (NASDAQ:IPWR) is making strategic inroads into the electric vehicle (EV) market, having now signed its fifth tier one automotive supplier to evaluate its innovative B-TRAN technology. CEO Daniel Brdar shared the milestone during a recent Proactive interview, noting that Ideal Power is also engaged with three automotive OEMs as interest continues to grow.
Ideal Power Inc (NASDAQ:IPWR) said on Thursday it received an order from a global Tier 1 automotive supplier for its B-TRAN semiconductor devices, marking a step forward in the company's push into the electric vehicle market. The order includes B-TRAN devices, SymCool power modules, solid-state circuit breaker reference boards, and drivers.
Ideal Power Inc (NASDAQ:IPWR) said it is collaborating with a fourth global Tier 1 automotive supplier to explore the use of its patented B-TRAN semiconductor technology as a replacement for electromechanical contactors in electric and hybrid vehicles. The new engagement adds to Ideal Power's previously announced collaborations with three other Tier 1 suppliers and three major global automakers, including Stellantis.