Welcome to our dedicated page for Ideal Power news (Ticker: IPWR), a resource for investors and traders seeking the latest updates and insights on Ideal Power stock.
Ideal Power Inc. (NASDAQ: IPWR) is at the forefront of energy innovation with its groundbreaking Bidirectional, Bipolar Junction Transistor (B-TRAN™) technology. The company has revolutionized power conversion markets by creating highly efficient and eco-friendly energy control solutions. These solutions span across multiple sectors, including electric vehicles (EVs), renewable energy, energy storage, smart grids, and industrial applications. Based in Austin, TX, Ideal Power has developed a universal power converter platform that leverages its patented Power Packet Switching Architecture™ (PPSA) and is known for significantly enhancing the weight, size, cost, efficiency, and reliability of electronic power converters.
Ideal Power’s product range includes solar inverters, bi-directional battery, and EV chargers, all built on a lightweight, universal power converter platform. The company’s B-TRAN™ technology, a double-sided bidirectional AC switch, offers substantial performance improvements over conventional power semiconductors. This technology can reduce conduction and switching losses, simplify thermal management, and lower operating costs in AC power switching and control circuitry.
A recent milestone for the company includes an agreement with Richardson Electronics, Ltd. for the global distribution of its B-TRAN™ devices and SymCool™ power modules, which are now shipping to customers. These products are expected to spark a sales ramp in industrial markets, particularly in solid-state circuit breakers, starting in the second half of 2024.
Ideal Power maintains an asset-light business model, focusing on technology development while minimizing capital expenditures. The company’s products have been recognized for their ability to reduce power losses by 50% or more, making them highly attractive for a variety of applications, including renewable energy inverters, hybrid and EVs, and EV charging systems.
Beyond its technological advancements, Ideal Power has also broadened its manufacturing capabilities by qualifying a second high-volume wafer fabrication supplier in Europe. This dual sourcing strategy ensures ample capacity to meet anticipated customer demand and supports future revenue growth.
For further information about Ideal Power and its innovative solutions, visit www.IdealPower.com.
Ideal Power Inc. (NASDAQ: IPWR) announced participation in the 16th Annual Needham Virtual Technology & Media Conference from May 17-20, 2021. During this event, President Dan Brdar and CFO Tim Burns will host virtual one-on-one investor meetings. They are scheduled to present on May 19, 2021, at 3:45 p.m. EDT. A webcast of the presentation will be available for replay. Ideal Power focuses on its patented B-TRAN™ technology, which aims to enhance energy control solutions across various applications, including electric vehicles and renewable energy.
Ideal Power Inc. (NASDAQ: IPWR) announces the appointment of Dr. Jiankang Bu as Vice President of Engineering. With over 20 years in power semiconductor engineering and numerous patents, Dr. Bu will lead the advancement of the company's B-TRAN™ technology. His expertise in semiconductor devices for electric and hybrid vehicles aims to enhance product design and technology commercialization. This appointment aligns with Ideal Power's focus on efficient energy solutions for various applications, including renewable energy and electric vehicles.
Ideal Power Inc. (Nasdaq: IPWR) announced a conference call on May 13, 2021, at 4:30 p.m. EDT to discuss its Q1 results for the period ending March 31, 2021. The call will feature CEO Dan Brdar and CFO Tim Burns, followed by a Q&A session. Interested parties can access the call via a toll-free number or internationally. A replay will be available post-call until June 12, 2021. Ideal Power specializes in B-TRAN™ bi-directional power switches aimed at enhancing energy efficiency in various applications.
Ideal Power (NASDAQ: IPWR) announced that CEO Dan Brdar will participate in the Water Tower Research Fireside Chat Series on April 22, 2021, at 2:00 pm EDT. The discussion will focus on the company's innovative B-TRAN™ bi-directional power switches and their potential markets. Interested participants must register as space is limited, but the event will be available for replay afterward. Ideal Power is committed to advancing its patented B-TRAN™ technology, which offers significant efficiency improvements for various applications, including electric vehicles and renewable energy.
Ideal Power Inc. (Nasdaq: IPWR) announced its fourth-quarter and full-year 2020 results, reporting a net loss of $1.1 million for Q4 and $7.8 million for the full year. The company is progressing towards commercialization of its B-TRAN™ technology and has completed key milestones in partnership with NAVSEA and Diversified Technologies, Inc. Ideal Power raised $21.2 million through a public offering in February 2021, bolstering its balance sheet. Cash and equivalents stood at $3.2 million at year's end. Future plans include device fabrication and customer engagement for commercial revenue expected in 2022.
AUSTIN, Texas, March 11, 2021 (GLOBE NEWSWIRE) – Ideal Power (NASDAQ: IPWR) announced that its CEO Dan Brdar and CFO Tim Burns will attend the Q1 Virtual Investor Summit from March 23-25, 2021. They will present on March 25 at 3:30 PM ET. The summit connects smallcap and microcap companies with over 300 investors, showcasing 100 participating companies. Ideal Power focuses on its patented B-TRAN™ bi-directional power switches, aiming to enhance energy efficiency in various applications including electric vehicles and renewable energy.
Ideal Power (NASDAQ: IPWR) announced the completion of a new B-TRAN™ driver in collaboration with The University of Texas at Austin, designed for customer sampling. This driver enhances B-TRAN™'s performance by reducing size, improving switching speed, and lowering losses. The company aims to facilitate technical evaluations for potential customers and collect feedback for an upcoming intelligent power module. Patent protection has been filed for the innovations, marking a significant step towards commercializing B-TRAN™ technology.
AUSTIN, Texas, March 3, 2021 (GLOBE NEWSWIRE) -- Ideal Power (NASDAQ: IPWR) announced participation in the B. Riley Securities Sustainable Energy & Technology Conference on March 9-10, 2021. CEO Dan Brdar and CFO Tim Burns will host virtual one-on-one investor meetings and present on March 9 at 2:00 p.m. EST. A live webcast will be available, with a replay and the latest investor presentation on Ideal Power’s website. The company focuses on developing B-TRAN™ bi-directional power switches for various applications including renewable energy and electric vehicles.
Ideal Power Inc. (NASDAQ: IPWR) will host a conference call on March 17, 2021, at 4:30 p.m. EST to discuss its fourth quarter and full year results for 2020. The call will be led by CEO Dan Brdar and CFO Tim Burns, followed by a Q&A session. A press release with detailed results will precede the call. Interested parties can access the call via a toll-free number or online through the company's investor relations site. A replay will be available from March 17 to April 17, 2021.
Ideal Power (NASDAQ: IPWR) has appointed Jeffrey S. Knapp as Vice President of Business Development. With over 20 years in the semiconductor industry, Knapp's experience includes positions at major firms like Crystal IS and Infineon. He is set to lead efforts in expanding customer and partner relationships in industries such as electric vehicles, renewable energy, and uninterruptible power supply. CEO Dan Brdar expressed optimism about Knapp's ability to drive the commercialization of their B-TRAN™ bi-directional power switches, which promise notable efficiency advantages over traditional semiconductor technologies.
FAQ
What is the current stock price of Ideal Power (IPWR)?
What is the market cap of Ideal Power (IPWR)?
What is Ideal Power Inc. known for?
What is B-TRAN™ technology?
Which markets does Ideal Power serve?
What recent partnerships has Ideal Power Inc. announced?
What are the key products offered by Ideal Power?
What is the significance of Ideal Power’s dual sourcing strategy?
How does B-TRAN™ technology benefit its applications?
What business model does Ideal Power Inc. follow?
Where is Ideal Power Inc. headquartered?
How can I get more information about Ideal Power Inc.?
