Ideal Power unveils global distribution deal with RYOSHO USA
Ideal Power Inc (NASDAQ:IPWR) announced that it has inked an agreement with RYOSHO USA Inc, a subsidiary of RYODEN, for global distribution of its products. The company, which is focused on its patented Bidirectional, Bipolar Junction Transistor (B-TRAN) semiconductor technology, said RYOSHO has already placed orders from a large customer interested in its products for solid-state circuit protection applications.
Ideal Power unveils collaboration with third automaker
Ideal Power Inc (NASDAQ:IPWR) announced that it is collaborating with a third global automaker to advance its patented Bidirectional, Bipolar Junction Transistor (B-TRAN) semiconductor technology. The company said the automaker is working closely with its engineers on the use of B-TRAN-enabled contactors to potentially replace electromechanical contactors in its electric vehicles (EVs).
Ideal Power qualifies second wafer fabrication supplier, bolstering production capacity
Ideal Power Inc (NASDAQ:IPWR) has successfully qualified its second wafer fabrication supplier with high-volume production capabilities. The European facility enables dual sourcing for wafer fabrication, ensuring ample capacity to meet anticipated customer demand over the next two to three years and support future revenue growth, the technology company said in a statement.
Ideal Power Successfully Completes Qualification of Its Second High-Volume Wafer Fabrication Supplier
AUSTIN, TX / ACCESSWIRE / June 5, 2024 / Ideal Power Inc. ("Ideal Power," the "Company," "we," "us" or "our") (NASDAQ:IPWR), pioneering the development and commercialization of the highly efficient and broadly patented B-TRAN™ bidirectional semiconductor power switch, today announces the successful completion of its qualification of the Company's second wafer fabrication supplier with high-volume production capability. This facility in Europe adds dual sourcing for wafer fabrication and will support future revenue growth, providing ample capacity to support anticipated customer demand over at least the next two to three years.
Ideal Power helps shape the future of electrification with its semiconductor technology
Companies are accelerating their shift towards electrification with a comprehensive strategy aimed at industrial and automotive applications. Take Stellantis, for instance, the owner of iconic brands like Dodge, Fiat and Jeep.
Ideal Power helps shape the future of electrification with its semiconductor technology
Companies are accelerating their shift towards electrification with a comprehensive strategy aimed at industrial and automotive applications. Take Stellantis, for instance, the owner of iconic brands like Dodge, Fiat and Jeep.
