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) has announced a conference call scheduled for May 4, 2023, at 4:30 PM ET to discuss its first-quarter results for the period ending March 31, 2023. The call will be led by President and CEO Dan Brdar and CFO Tim Burns, with an opportunity for analysts and investors to ask questions during the session. Interested participants can register to join the call using the toll-free number 1-844-481-2701 or the international number 1-412-317-0657. An audio replay will be available until May 18, 2023.
Additionally, Ideal Power is participating in the Planet Microcap Showcase in Las Vegas on April 26-27, 2023, and the EF Hutton Global Conference in New York on May 10, 2023. The company's innovative B-TRAN™ technology offers significant improvements in energy efficiency for various applications.
Ideal Power Inc. (NASDAQ:IPWR) has announced its participation in the Planet MicroCap Showcase, scheduled for April 26-27, 2023, in Las Vegas, NV. The company will present a webcast on April 26 at 10:00 AM PT, accessible on its Investor Relations website. This event will also feature one-on-one meetings with investors on April 27, with registration available through a provided link or by emailing Jeff Christensen of Ideal Power's Investor Relations.
Ideal Power focuses on its innovative B-TRAN™ technology, a unique bidirectional semiconductor power switch designed to enhance efficiency across various applications, including electric vehicles, renewable energy, and industrial applications. The company is committed to reducing operational costs and improving performance in medium voltage AC power control.
AUSTIN, Texas, March 20, 2023 (GLOBE NEWSWIRE) -- Ideal Power (NASDAQ: IPWR) announces its participation in key investor conferences. The company will present at the Emerging Growth Virtual Conference on March 22 at 1:10 PM ET, accessible via their Investor Relations website. Following this, they will participate in the Maxim Group’s Electric Vehicle & Auto Tech Virtual Conference on March 30 at 12:30 PM ET. Finally, Ideal Power will engage in one-on-one meetings at the Planet Microcap Showcase in Las Vegas on April 26-27. Ideal Power develops the B-TRAN™ semiconductor technology aimed at improving energy efficiency across various applications.
Ideal Power Inc. (NASDAQ: IPWR) has secured a test and evaluation agreement with a global Tier 1 automotive supplier for its B-TRAN™ semiconductor technology, aimed at applications in electric vehicle (EV) inverters and charging. This collaborative effort marks a significant step in B-TRAN™'s commercialization, with sample deliveries planned for the second half of 2023. B-TRAN™ offers potential cost advantages, reducing power losses by over 50% compared to conventional switches, which could significantly lower EV production costs, improving overall efficiency and vehicle range.
Ideal Power Inc. (Nasdaq: IPWR) reported its Q4 and full year 2022 financial results, highlighting significant developments in its B-TRAN™ technology. The company launched its first commercial product, the SymCool™ Power Module, which minimizes conduction losses and entered into a product development agreement with a top automaker for EV drivetrain inverters. Financially, grant revenue for Q4 2022 was $16,608, down from $128,605 in Q4 2021. Operating expenses rose to $2.0 million, leading to a net loss of $1.9 million. Cash reserves totaled $16.3 million at year-end, with significant milestones set for 2023.
Austin, Texas, March 1, 2023 – Ideal Power (Nasdaq: IPWR) announced details about its participation in the 35th Annual Roth Conference on March 13, 2023. Dan Brdar, the company's CEO, will hold one-on-one meetings with attendees in Dana Point, California, and participate in a fireside chat at 2:30 PM ET. Interested parties can request meetings via Roth's online platform or contact Ideal Power's Investor Relations. Ideal Power is known for its B-TRAN™ technology, a patented bidirectional semiconductor power switch designed to improve efficiency in various applications, including electric vehicles and renewable energy solutions.
Ideal Power (Nasdaq: IPWR) has released a new whitepaper detailing its proprietary B-TRAN™ bidirectional semiconductor power switch. This document outlines the device's structure, operating modes, and performance test results, showcasing its efficiency over conventional solutions. B-TRAN™ offers low conduction losses and fast switching capabilities, positioning it for applications in electric vehicles and renewable energy. The technology is validated by recent tests matching simulation data, indicating strong commercial potential. The whitepaper aims to attract interest from the technical community, enhancing business opportunities.
AUSTIN, Texas, Feb. 23, 2023 (GLOBE NEWSWIRE) -- Ideal Power (NASDAQ: IPWR) announced a conference call scheduled for March 2, 2023, at 4:30 p.m. EST to discuss its Q4 and full-year results for 2022. Management, including President and CEO Dan Brdar and CFO Tim Burns, will host the call, allowing analysts and investors to submit questions. The call will be accessible via phone and webcast, with a replay available post-event. Additionally, Ideal Power plans to participate in the KeyBanc Capital Markets Emerging Technology Summit on March 7 and the Roth Capital Annual Conference on March 13, 2023.
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