Ideal Power inks distribution agreement with Kaimei Electronic for Asia
Ideal Power Inc (NASDAQ:IPWR) has announced a new distribution partnership with Kaimei Electronic, a leading manufacturer of electrolytic capacitors, resistors, and motor fans. Under the terms of the agreement, Kaimei will distribute Ideal Power's products across Asia.
Ideal Power secures major EV and infrastructure partnerships – ICYMI
Ideal Power Inc (NASDAQ:IPWR) is expanding its presence in the electric vehicle and power infrastructure markets, announcing a trio of significant design wins early in 2025. The company, which develops advanced power semiconductor solutions, is seeing traction across key verticals including EVs and solid-state circuit breakers.
Ideal Power eyes H2 sales ramp after early design win, new order from global power leader
Ideal Power Inc (NASDAQ:IPWR) said it expects a ramp in commercial sales in the second half of 2025 as it advances programs in the industrial and electric vehicle markets, after completing key development milestones ahead of schedule and securing a new order from a third Forbes Global 500 power management leader. The Texas-based semiconductor firm, which is commercializing its patented B-TRAN bidirectional power switch, said it completed solid-state circuit breaker (SSCB) prototypes related to its first design win three months early.
Ideal Power accelerates deliveries to first design win customer
Ideal Power Inc (NASDAQ:IPWR), a company known for its innovative B-TRAN technology, continues to make big strides with the recent completion of prototypes of a solid-state circuit breaker (SSCB) product for an OEM customer. In a recent discussion with Tim Burns, the company's CFO, he outlined the rapid development of these prototypes, which were designed in collaboration with a key OEM customer and are expected to accelerate market adoption of B-TRAN enabled SSCBs.
Ideal Power completes solid-state circuit breaker project ahead of schedule
Ideal Power Inc (NASDAQ:IPWR) announced that it has successfully completed all deliverables for its first solid-state circuit breaker (SSCB) design win, finishing three months ahead of schedule. The company said the early completion strengthens the company's partnership with a leading Asian circuit protection equipment manufacturer and positions its B-TRAN semiconductor power switch for broader market adoption.
Ideal Power scores first design win and months ahead on program schedule
Ideal Power Inc (NASDAQ:IPWR) is ahead of schedule on the joint development program in connection with its first major design win for solid-state circuit breakers, thanks to a collaborative partnership and an efficient integration process. Ideal Power's B-TRAN based solution easily fits within the customer's existing design for a circuit breaker product.
Ideal Power: Revenue Ramp And Stellantis Phase 3 Around The Corner
Ideal Power's B-TRAN technology offers significant advancements in bidirectional switching, energy efficiency, and cost reduction, with nearly 100 patents supporting its potential market disruption. The company has made substantial progress towards commercialization, including new contracts, production site validations, and collaborations with major players like Stellantis. Revenue is expected to ramp up starting in the second half of 2025, driven by partnerships with global leaders in various industries.
Ideal Power Inc. (IPWR) Q4 2024 Earnings Call Transcript
Ideal Power Inc. (NASDAQ:IPWR ) Q4 2024 Earnings Conference Call February 27, 2025 10:00 AM ET Company Participants Jeff Christensen - Investor Relations Dan Brdar - President & Chief Executive Officer Tim Burns - Chief Financial Officer Conference Call Participants Jesse Sobelson - D. Boral Capital Operator Good morning, ladies and gentlemen, and welcome to the Ideal Power Fourth Quarter and Full Year 2024 Results Call.
Ideal Power eyes 2025 sales ramp as B-TRAN gains market traction
Ideal Power Inc (NASDAQ:IPWR) ended its fourth quarter with nearly $16 million in cash as it looks to commercial sales of its B-TRAN product later this year. During the quarter, the company secured its first design win for solid-state circuit breakers (SSCB) with a major Asian circuit protection equipment manufacturer.
Ideal Power's penetration in target markets expected to drive initial sales ramp in second half of 2025
Ideal Power Inc (NASDAQ:IPWR) is penetrating the $2.4 billion solid-state switchgear and energy and power markets, expecting that this will drive an initial sales ramp in the second half of 2025 and support long-term profitability growth. Additionally, this strategy does encompass various other markets, such as the $3.6 billion automotive market, which provides further opportunities for expansion.
Ideal Power secures first design win for B-TRAN-powered solid-state circuit breakers
Ideal Power Inc (NASDAQ:IPWR) announced on Monday its first design win for solid-state circuit breakers (SSCBs) through a partnership with one of Asia's largest circuit protection equipment manufacturers, The agreement includes joint development of a SSCB product incorporating Ideal Power's B-TRAN devices, according to a statement from the company. Design, prototyping, and testing is expected to be completed by the second quarter of 2025, with commercial sales to follow later that year.
Ideal Power secures multi-unit order for SymCool IQ Power Module
Ideal Power Inc (NASDAQ:IPWR) announced on Wednesday that it has secured a multi-unit order for its SymCool IQ intelligent power module from a customer specializing in circuit protection and power conversion solutions. The order builds on prior purchases of the company's SymCool power modules and drivers, with the customer exploring applications for SymCool and SymCool IQ modules in areas such as electric vehicles, EV charging, renewable energy, and data centers.
