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Ideal Power targets near-term revenue with industrial applications, EV deals
Proactiveinvestors NA· 2025-08-20 13:18
Ideal Power Inc (NASDAQ:IPWR) is moving toward commercialization, with near-term revenue expected from industrial and data center applications, upcoming orders from Stellantis, and expansion through global Tier 1 suppliers and Asian distribution partnerships, positioning the company for broader adoption of its B-TRAN technology. Its first design win customer is nearing completion of their prototype testing for a B-TRAN-enabled solid-state circuit breaker (SSCB) ahead of a planned rollout later this year. Au ...
Ideal Power(IPWR) - 2025 Q2 - Earnings Call Transcript
2025-08-14 15:00
Financial Data and Key Metrics Changes - The cash burn from operating and investing activities for Q2 2025 was $2.5 million, an increase from $2.2 million in Q2 2024 and $2.1 million in Q1 2024 [28] - Total cash, cash equivalents as of June 30, 2025, was $11.1 million, with no debt and a clean capital structure [30] - The net loss for Q2 2025 was $3 million compared to $2.7 million in Q2 2024 [32] Business Line Data and Key Metrics Changes - The company shipped updated solid state circuit breaker prototypes to its first design win customer, which is expected to generate several hundred thousand dollars in revenue in its first year and potentially millions in the second year [11][26] - Collaborations with five automakers, including four of the top 10 global automakers, have been established, indicating a growing interest in B TRAN technology for EV applications [7][9] Market Data and Key Metrics Changes - The company is seeing increased interest in B TRAN technology for circuit protection applications, particularly in Asia, which is the world's largest market for power electronics [7][12] - The automotive market is expected to contribute significantly to revenue growth, with a focus on solid state circuit breakers and EV contactors [27][79] Company Strategy and Development Direction - The company aims to broaden its collaboration with Stellantis and other automotive suppliers, focusing on commonality across their EV platforms [16][41] - Plans to increase the power rating of products later this year, which will enhance competitiveness in the market [21][22] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in achieving milestones for 2025, including the start of revenue ramp and completion of third-party automotive qualification [27] - The company is well-positioned to mitigate impacts from tariffs and trade policies due to its asset-light business model and dual sourcing strategy [20] Other Important Information - The company has 96 issued V TRAN patents, with 74 pending, indicating a strong focus on innovation and intellectual property protection [25] - The company is actively engaged in educating the engineering community about its technology to facilitate adoption [58] Q&A Session Summary Question: How do we think about the opportunity with Stellantis? - The company expects to be involved with multiple brands under Stellantis' EV platform, aiming for commonality across their brands [36][38] Question: What is the estimated power semiconductor content in EVs? - The estimated total power semiconductor content in an EV is about $1,100, with the EV contactor contributing approximately $300 [43] Question: How many design win opportunities are there? - The company sees a growing funnel of design win opportunities, particularly in the industrial sector, with many companies interested in solid state circuit breakers [45][48] Question: What are the challenges to closing sales? - The primary challenge is the education process for engineers regarding the new technology, as opposed to technical challenges [58] Question: What is Ideal Power doing to drive sales ramp? - The company is utilizing internal sales teams, distributor relationships, and increasing awareness through trade shows and publications [60][62] Question: When will Ideal Power reach cash flow breakeven? - A few key design wins could lead to cash flow breakeven, with significant revenue potential from solid state circuit breakers and EV applications [67] Question: What is the cost comparison between B TRAN and IGBT? - B TRAN is expected to be about 10-20% more expensive than a single IGBT, but offers significant cost savings in bidirectional applications due to fewer components needed [84]
Ideal Power(IPWR) - 2025 Q2 - Quarterly Report
2025-08-14 13:26
Table of Contents For the transition period from ______________ to _______________ Commission File Number 001-36216 IDEAL POWER INC. UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2025 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Indicate by check mark whether the registrant (1) has fil ...
Ideal Power(IPWR) - 2025 Q2 - Quarterly Results
2025-08-14 13:25
2025 Milestones Exhibit 99.1 Ideal Power Reports Second Quarter 2025 Financial Results AUSTIN, TX – August 14, 2025 -- Ideal Power Inc. (Nasdaq: IPWR) ("Ideal Power," the "Company," "we," "us" or "our"), developer and innovative provider of the highly efficient and broadly patented B-TRAN® bidirectional semiconductor power switch, reports results for its second quarter ended June 30, 2025. "Our first design win customer is nearing completion of their B-TRAN®-enabled solid-state circuit breaker (SSCB) protot ...
Ideal Power Reports Second Quarter 2025 Financial Results
Prnewswire· 2025-08-14 13:20
AUSTIN, Texas, Aug. 14, 2025 /PRNewswire/ -- Ideal Power Inc. (Nasdaq: IPWR) ("Ideal Power," the "Company," "we," "us" or "our"), developer and innovative provider of the highly efficient and broadly patented B-TRAN® bidirectional semiconductor power switch, reports results for its second quarter ended June 30, 2025."Our first design win customer is nearing completion of their B-TRAN®-enabled solid-state circuit breaker (SSCB) prototype testing. Following their initial product rollout later this year, we an ...
Ideal Power CEO sees electric vehicle momentum building with Tier 1 supplier engagements
Proactiveinvestors NA· 2025-06-30 16:22
Core Viewpoint - Ideal Power Inc is gaining traction in the electric vehicle sector with a new order from a global Tier 1 automotive supplier for its B-TRAN semiconductor devices and SymCool power modules, which are essential for next-generation solid-state EV contactor designs [1] Group 1: Customer Engagement and Market Positioning - The CEO highlights the increasing traction of B-TRAN in both automotive and industrial markets, emphasizing the importance of recent customer engagements and the company's scaling efforts to meet anticipated demand [2] - Ideal Power is actively working with Stellantis and multiple Tier 1 suppliers, positioning itself for broader adoption of its high-efficiency power semiconductor solutions [2][5] - The education process for Tier 1 suppliers is becoming more efficient, allowing for quicker adoption of Ideal Power's technology [4][6] Group 2: Production and Development Capabilities - The company has established multiple wafer fabrication partners to meet production needs for the next few years, ensuring readiness for increased demand [12] - Ideal Power is prepared to license its technology to additional providers if necessary, allowing the company to focus on technology development while meeting automaker demands [13] - The company is not constrained by its relationships with automakers, leveraging insights gained from various engagements to enhance its offerings [14] Group 3: Future Developments - Upcoming updates are expected regarding the collaboration with Stellantis, design wins in industrial applications, and progress in the automotive qualification process [15] - The company aims to enhance the power rating of its products to improve performance, indicating a strong pipeline of developments [15]
Ideal Power gains commercial traction in EV market with fifth Tier One partner – ICYMI
Proactiveinvestors NA· 2025-06-27 21:10
Core Insights - Ideal Power Inc is making significant progress in the electric vehicle (EV) market by engaging with multiple tier one automotive suppliers and original equipment manufacturers (OEMs) to evaluate its B-TRAN technology [1][3]. Group 1: Company Developments - The company has signed its fifth tier one automotive supplier, indicating strong commercial momentum and interest in its technology [1][3]. - Ideal Power is currently working with three automotive OEMs, reflecting the growing demand for its innovative solutions [1][3]. - The engagement with automotive suppliers includes budgetary quotes for millions of SymCool modules, showcasing the scale of opportunity in the EV market [4][5]. Group 2: Technology Advantages - Ideal Power's SymCool modules utilize B-TRAN double-sided semiconductor switches, which are designed to replace conventional contactors in EV systems, enhancing power efficiency and reliability [2][6]. - The B-TRAN technology offers exceptionally low conduction losses, which minimizes heat generation and maximizes energy efficiency, thereby extending the vehicle's range [6][7]. - The technology is based on silicon, avoiding the use of exotic materials that many competitors rely on, which could provide a competitive edge [7]. Group 3: Market Trends and Future Outlook - The company anticipates that solid-state contactors will surpass electromechanical ones within the next five years, with key milestones to watch for being program awards for EV contactors [8]. - As automakers commit to integrating Ideal Power's technology into their platforms, it is expected to lead to high-volume applications, indicating a strong future demand [8].
Ideal Power secures order from Tier 1 auto supplier for EV contactor evaluation
Proactiveinvestors NA· 2025-06-26 14:03
Company Overview - Proactive is a financial news publisher that provides fast, accessible, informative, and actionable business and finance news content to a global investment audience [2] - The company has a team of experienced and qualified news journalists who produce independent content [2] Market Focus - Proactive specializes in medium and small-cap markets while also covering blue-chip companies, commodities, and broader investment stories [3] - The content delivered includes insights across various sectors such as biotech and pharma, mining and natural resources, battery metals, oil and gas, crypto, and emerging digital and EV technologies [3] Technology Adoption - Proactive is recognized for its forward-looking approach and enthusiastic adoption of technology to enhance workflows [4] - The company utilizes automation and software tools, including generative AI, while ensuring that all content is edited and authored by humans [5]
Ideal Power (IPWR) Earnings Call Presentation
2025-06-23 11:24
Nasdaq: IPWR Global Leader in Ultra-Low Loss Bidirectional Power Semiconductors Investor Presentation June 2025 3 √ B-TRAN® disruptive semiconductor power switch with compelling advantages over conventional power switch technologies √ Uniquely positioned to displace conventional power semiconductor solutions in many large, growth markets – solid-state circuit breakers (SSCBs), renewables, energy storage, EVs (contactors, drivetrain inverters and charging), data centers and motor drives √ Asset light, fables ...
Ideal Power inks distribution agreement with Kaimei Electronic for Asia
Proactiveinvestors NA· 2025-06-10 13:56
Group 1 - Proactive provides fast, accessible, informative, and actionable business and finance news content to a global investment audience [2] - The news team covers medium and small-cap markets, as well as blue-chip companies, commodities, and broader investment stories [3] - Proactive focuses on sectors such as biotech and pharma, mining and natural resources, battery metals, oil and gas, crypto, and emerging digital and EV technologies [3] Group 2 - Proactive is committed to adopting technology to enhance workflows and content production [4] - The company utilizes automation and software tools, including generative AI, while ensuring all content is edited and authored by humans [5]