Ideal Power Announces Distribution Agreement with Sekorm Advanced Technology (Shenzhen) Co., Ltd.
Ideal Power Inc. (Nasdaq: IPWR) has announced a distribution agreement with Sekorm Advanced Technology (Shenzhen) Co., for its products throughout China. This marks Ideal Power's third distributor agreement, expanding its global reach in the commercialization of its B-TRAN™ bidirectional semiconductor power switch technology.
Sekorm, known for its expertise in demand creation and strong technical sales capability in China, will focus on B-TRAN™ target industrial and automotive markets. This partnership aims to secure orders potentially leading to design wins and custom development agreements.
Ideal Power now has agreements with three distributors: Richardson Electronics, for global distribution; RYOSHO U.S.A, INC. for global distribution with strength in Japan; and Sekorm for distribution in China. The company employs an asset-light business model, leveraging existing silicon processing, distribution, and support infrastructure while focusing on B-TRAN™ technology improvements and commercialization.
Ideal Power Inc. (Nasdaq: IPWR) ha annunciato un accordo di distribuzione con Sekorm Advanced Technology (Shenzhen) Co., per i suoi prodotti in tutta la Cina. Questo segna il terzo accordo di distribuzione per Ideal Power, ampliando la sua portata globale nella commercializzazione della sua tecnologia di interruttore di potenza semiconduttore bidirezionale B-TRAN™.
Sekorm, nota per la sua esperienza nella creazione della domanda e per la forte capacità di vendita tecnica in Cina, si concentrerà sui mercati industriali e automobilistici target di B-TRAN™. Questa partnership mira a garantire ordini che potrebbero portare a vincite di design e accordi di sviluppo personalizzati.
Ideal Power ha ora accordi con tre distributori: Richardson Electronics, per la distribuzione globale; RYOSHO U.S.A, INC. per la distribuzione globale con forza in Giappone; e Sekorm per la distribuzione in Cina. L'azienda utilizza un modello di business leggero in termini di asset, sfruttando le infrastrutture esistenti di lavorazione del silicio, distribuzione e supporto, mentre si concentra sui miglioramenti e sulla commercializzazione della tecnologia B-TRAN™.
Ideal Power Inc. (Nasdaq: IPWR) ha anunciado un acuerdo de distribución con Sekorm Advanced Technology (Shenzhen) Co., para sus productos en toda China. Esto marca el tercer acuerdo de distribución de Ideal Power, ampliando su alcance global en la comercialización de su tecnología de interruptor de potencia semiconductora bidireccional B-TRAN™.
Sekorm, conocida por su experiencia en la creación de demanda y su fuerte capacidad técnica de ventas en China, se centrará en los mercados industriales y automotrices objetivo de B-TRAN™. Esta asociación tiene como objetivo asegurar pedidos que potencialmente conducen a victorias de diseño y acuerdos de desarrollo personalizados.
Ideal Power ahora tiene acuerdos con tres distribuidores: Richardson Electronics, para la distribución global; RYOSHO U.S.A, INC. para la distribución global con fortaleza en Japón; y Sekorm para la distribución en China. La empresa utiliza un modelo de negocio ligero en activos, aprovechando la infraestructura existente de procesamiento de silicio, distribución y soporte, mientras se centra en las mejoras y la comercialización de la tecnología B-TRAN™.
이상 전력 주식회사 (Nasdaq: IPWR)는 중국 전역에 대한 제품 유통 계약을 세콤 고급 기술(선전) 주식회사와 체결했다고 발표했습니다. 이는 이상 전력의 세 번째 유통 계약으로, B-TRAN™ 양방향 반도체 전원 스위치 기술의 상용화에서 세계적인 도달 범위를 확장하게 됩니다.
세콤은 중국에서 수요 창출 및 강력한 기술 판매 능력에 대한 전문성을 가진 것으로 알려져 있으며, B-TRAN™의 목표 산업 및 자동차 시장에 집중할 것입니다. 이 파트너십은 잠재적으로 디자인 승리 및 맞춤형 개발 계약으로 이어질 수 있는 주문 확보를 목표로 합니다.
이상 전력은 이제 리차드슨 일렉트로닉스, 전 세계 유통을 위한 RYOSHO 미국 법인, 일본에 강점을 가진 전 세계 유통을 위한 계약을 체결했습니다; 세콤은 중국 유통을 담당합니다. 이 회사는 자산 경량 비즈니스 모델을 사용하여 기존의 실리콘 가공, 유통 및 지원 인프라를 활용하면서 B-TRAN™ 기술 개선 및 상용화에 집중하고 있습니다.
Ideal Power Inc. (Nasdaq: IPWR) a annoncé un accord de distribution avec Sekorm Advanced Technology (Shenzhen) Co., pour ses produits à travers la Chine. Cela marque le troisième accord de distribution d'Ideal Power, élargissant son rayonnement mondial dans la commercialisation de sa technologie de commutateur de puissance à semi-conducteurs bidirectionnel B-TRAN™.
Sekorm, reconnu pour son expertise dans la création de demande et sa forte capacité de vente technique en Chine, se concentrera sur les marchés industriels et automobiles cibles de B-TRAN™. Ce partenariat vise à sécuriser des commandes pouvant potentiellement déboucher sur des victoires de design et des accords de développement sur mesure.
Ideal Power a désormais des accords avec trois distributeurs : Richardson Electronics pour la distribution mondiale ; RYOSHO U.S.A, INC. pour la distribution mondiale avec une force au Japon ; et Sekorm pour la distribution en Chine. L'entreprise adopte un modèle économique léger en actifs, tirant parti des infrastructures existantes de traitement du silicium, de distribution et de support tout en se concentrant sur les améliorations et la commercialisation de la technologie B-TRAN™.
Ideal Power Inc. (Nasdaq: IPWR) hat eine Vertriebsvereinbarung mit Sekorm Advanced Technology (Shenzhen) Co. für seine Produkte in ganz China bekannt gegeben. Dies ist die dritte Vertriebsvereinbarung von Ideal Power und erweitert die globale Reichweite bei der Vermarktung seiner B-TRAN™ bidirektionalen Halbleiterleistungsschalter Technologie.
Sekorm, bekannt für seine Expertise in der Nachfragegenerierung und seine starke technische Vertriebskompetenz in China, wird sich auf die Zielmärkte der Industrie- und Automobilbranche für B-TRAN™ konzentrieren. Diese Partnerschaft zielt darauf ab, Aufträge zu sichern, die potenziell zu Entwurfsgewinnen und maßgeschneiderten Entwicklungsvereinbarungen führen.
Ideal Power hat nun Vereinbarungen mit drei Vertriebspartnern: Richardson Electronics für den globalen Vertrieb; RYOSHO U.S.A, INC. für den globalen Vertrieb mit einer Stärke in Japan; und Sekorm für die Distribution in China. Das Unternehmen verfolgt ein asset-light Geschäftsmodell, das auf bestehenden Infrastrukturen für Siliziumverarbeitung, Vertrieb und Support aufbaut und sich gleichzeitig auf Verbesserungen und die Kommerzialisierung der B-TRAN™ Technologie konzentriert.
- Secured distribution agreement with Sekorm for the Chinese market, the world's largest for power semiconductors
- Expanded global reach with three distributor agreements covering key markets
- Potential for new orders, design wins, and custom development agreements in industrial and automotive sectors
- Asset-light business model allows focus on technology improvements and commercialization while maintaining working capital efficiency
- None.
Insights
This distribution agreement with Sekorm is a strategic move for Ideal Power, expanding their reach into China, the world's largest power semiconductor market. It's the company's third distributor agreement, potentially accelerating B-TRAN™ technology adoption. The partnership leverages Sekorm's expertise in demand creation and technical sales, which could lead to increased orders and custom development agreements.
Ideal Power's asset-light business model is noteworthy, allowing them to focus on technology development while benefiting from existing infrastructure. This approach could improve working capital efficiency and scalability. However, success will depend on Sekorm's ability to generate demand and secure design wins in a competitive market.
While promising, investors should monitor for concrete results, such as significant orders or revenue growth, to gauge the impact of this agreement on Ideal Power's financial performance.
Ideal Power's B-TRAN™ technology represents a potentially disruptive innovation in power semiconductors. Its bidirectional capabilities and high efficiency could offer significant advantages in industrial and automotive applications, which are key growth sectors in China.
The distribution agreement with Sekorm is strategically important as it provides access to a important market with strong demand for advanced power solutions. Sekorm's technical sales capability is particularly valuable for promoting a novel technology like B-TRAN™.
However, the power semiconductor market is highly competitive, with established players and emerging technologies. B-TRAN™'s success will depend on its ability to demonstrate clear advantages in real-world applications and overcome potential adoption barriers. Investors should watch for announcements of design wins or custom development agreements as indicators of market traction.
This distribution agreement represents a positive development for Ideal Power, potentially expanding its revenue streams and market presence. However, with a market cap of just
The asset-light business model is financially prudent, allowing the company to leverage existing infrastructure and focus resources on R&D and commercialization. This approach could lead to improved margins and capital efficiency if successful.
Investors should note that while this agreement is promising, it doesn't guarantee immediate financial impact. The company's ability to convert distribution agreements into substantial revenue growth will be crucial. Keep an eye on future earnings reports for signs of increased sales and any changes in the company's cash burn rate as indicators of the agreement's success.
"This is a significant development in the commercialization of our B-TRAN™ technology as we add Sekorm as a third distributor for our products. Sekorm stands out for their expertise in demand creation throughout
Ideal Power has agreements with three distributors with demand generation expertise and comprehensive customer networks that expand our global reach: Richardson Electronics, Ltd. for global distribution of Ideal Power's products; RYOSHO
Ideal Power utilizes an asset-light business model leveraging the large investment already made in silicon processing, distribution, demand creation and support infrastructure. This business model allows the Company to continue focusing on disruptive B-TRAN™ technology improvements and commercialization while driving working capital efficiency.
About Ideal Power Inc.
Ideal Power (NASDAQ: IPWR) is pioneering the development and commercialization of its broadly patented bidirectional semiconductor power switch, creating highly efficient and ecofriendly energy control solutions for electric vehicle, electric vehicle charging, renewable energy, energy storage, UPS/data center, solid-state circuit breaker and other industrial and military applications. The Company is focused on its patented Bidirectional, Bipolar Junction Transistor (B-TRAN™) semiconductor technology. B-TRAN™ is a unique double-sided bidirectional AC switch that delivers substantial performance improvements over today's conventional power semiconductors. Ideal Power's B-TRAN™ can reduce conduction and switching losses, complexity of thermal management and operating cost in AC power switching and control circuitry. For more information, visit the Company's website at www.IdealPower.com, on LinkedIn, on Twitter, and on Facebook.
About Sekorm Advanced Technology (
Founded in 1993 and headquartered in
Safe Harbor Statement
All statements in this release that are not based on historical fact are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995 and the provisions of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. While Ideal Power's management has based any forward-looking statements included in this release on its current expectations, the information on which such expectations were based may change. Such forward-looking statements include, but are not limited to, statements regarding our collaboration with Sekorm potentially leading to design wins and/or custom development agreements. These forward-looking statements rely on a number of assumptions concerning future events and are subject to a number of risks, uncertainties and other factors, many of which are outside of our control that could cause actual results to materially differ from such statements. Such risks, uncertainties, and other factors include, but are not limited to, the success of our B-TRAN™ technology, including whether the patents for our technology provide adequate protection and whether we can be successful in maintaining, enforcing and defending our patents, our inability to predict with precision or certainty the pace and timing of development and commercialization of our B-TRAN™ technology, including the timing of the completion of our wafer fabrication runs with our semiconductor fabrications partners, the rate and degree of market acceptance for our B-TRAN™, the impact of global health pandemics on our business, supply chain disruptions, and the expected performance of future products incorporating our B-TRAN™, and uncertainties set forth in our quarterly, annual and other reports filed with the Securities and Exchange Commission. Furthermore, we operate in a highly competitive and rapidly changing environment where new and unanticipated risks may arise. Accordingly, investors should not place any reliance on forward-looking statements as a prediction of actual results. We disclaim any intention to, and undertake no obligation to, update or revise forward-looking statements, except as required by applicable law.
Ideal Power Investor Relations Contact
Jeff Christensen
Darrow Associates Investor Relations
jchristensen@darrowir.com
703-297-6917
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SOURCE IDEAL POWER INC.
FAQ
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