Core Viewpoint - Ideal Power Inc. is set to discuss its second-quarter results for 2025 during a conference call on August 14, 2025, highlighting its innovative B-TRAN® technology and its applications in various industries [1][2]. Company Overview - Ideal Power Inc. is a developer and provider of the patented B-TRAN® bidirectional semiconductor power switch, which offers highly efficient and eco-friendly energy control solutions [5]. - The B-TRAN® technology is designed to improve performance in AC power switching, reducing conduction and switching losses, and lowering operating costs [5]. Conference Call Details - The conference call will be hosted by Ideal Power's President and CEO Dan Brdar and CFO Tim Burns, followed by a Q&A session for analysts and investors [2]. - Interested participants can access the call by dialing specific numbers for U.S./Canada and international callers, with a recommended login time of 10 minutes prior to the start [3]. - An audio replay of the call will be available for a limited time after the live event [3]. Webcast Information - The live webcast and interactive Q&A will be available on the Company's Investor Relations website, with an archive for future viewing [4].

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]

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].

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]

B-TRAN® Technology and Advantages - B-TRAN® is a disruptive semiconductor power switch with advantages over conventional technologies[9] - B-TRAN® replaces 4 conventional devices to provide a bidirectional switch, with >5x better conduction losses than IGBT + Blocking Diode[14, 16] - B-TRAN® increases EV efficiency and range by an estimated 7 to 10%[37] Market Opportunity - The Serviceable Addressable Market (SAM) for B-TRAN® is $7.6 billion with a 16% CAGR[18] - $1.0 billion SAM for solid-state switchgear market[52] - $1.4 billion SAM for energy and power markets[53] Commercial Progress - Secured first design win for Solid-State Circuit Breakers (SSCBs)[9] - First B-TRAN® based SSCB could potentially translate to Ideal Power revenue of several hundred thousand dollars in the first year and more than a million dollars in the second year[30] - Ongoing development program with Stellantis for custom B-TRAN® module for EV drivetrain[9] Products and Partnerships - Commercial products include B-TRAN® Discrete, SymCool®, and SymCool® IQ[47, 49] - Collaborations with three global automakers, a top 10 global solar power conversion provider, three Forbes Global 500 power management market leaders, three Tier 1 global automotive suppliers, a global provider of backup power and energy management solutions, and a global power conversion supplier[46] Intellectual Property and Financials - Broad patent estate with 94 issued and 70 pending patents[9] - Cash balance of $13.7 million as of March 31, 2025[62]

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]

Core Insights - Ideal Power Inc. has announced a partnership with Kaimei Electronic Corp. to distribute its B-TRAN® technology across Asia, leveraging Kaimei's established customer base and market presence [1][2][3] Company Overview - Ideal Power is a developer of the patented B-TRAN® bidirectional semiconductor power switch, which offers significant efficiency improvements for various applications including electric vehicles, renewable energy, and energy storage [5] - The B-TRAN® technology is designed to reduce conduction and switching losses, simplify thermal management, and lower operating costs in AC power switching [5] Partnership Details - The partnership with Kaimei will allow Ideal Power to utilize Kaimei's extensive sales expertise and customer network, targeting shared markets such as industrial, automotive, renewable energy, and EV charging [2][3] - Kaimei has a strong track record, operating in 60 countries and providing high value-added electronic components [2][6] Market Context - Asia is identified as the largest market for power electronics, with companies in the region typically adopting new technologies more rapidly than those in Europe and the U.S. [3] - The collaboration aims to drive revenue growth and secure additional design wins for Ideal Power's B-TRAN® technology [3][4] Business Model - The distribution agreement aligns with Ideal Power's asset-light business model, allowing the company to focus on technology improvements and commercialization while maintaining working capital efficiency [4]

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 news journalists who produce independent content across various financial markets [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 includes insights across 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]

Financial Data and Key Metrics Changes - The first quarter cash burn was $2.1 million, up from $2 million in the first quarter of 2024, but down from $2.6 million in the fourth quarter of 2024 [28] - Cash and cash equivalents totaled $13.7 million as of March 31, 2025, with no debt and a clean capital structure [29] - The net loss for the first quarter of 2025 was $2.7 million compared to $2.5 million in the first quarter of 2024 [31] Business Line Data and Key Metrics Changes - The company completed solid state circuit breaker prototypes three months ahead of schedule, with initial testing completed successfully [5][12] - An order was secured from a third Forbes Global 500 power management market leader for solid state circuit breakers, indicating growing interest in the technology [6] - The company expects initial revenue ramp from solid state circuit breaker customers to start in the second half of 2025 [8] Market Data and Key Metrics Changes - There is a growing need for grid infrastructure upgrades globally, particularly in the US and EU, to handle distributed energy loads, creating significant opportunities for solid state circuit protection [9][10] - The market for solid state circuit breakers is driven by the rapid growth in renewables and energy storage, with a projected investment of over $2 trillion needed in Europe over the next 25 years [9] Company Strategy and Development Direction - The company is focused on leveraging its technology for solid state circuit breakers and EV contactors, with expectations for significant design wins in the near future [26] - The partnership with Stellantis is seen as a high priority, with expectations for rapid progress in the purchase order process [21][36] - The company is also expanding its reach into key markets in Europe and Asia through partnerships, such as with Queensland Semiconductor Technologies [7] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about the company's position in the market, highlighting the competitive advantages of their technology over silicon carbide devices [16][66] - The company anticipates that the completion of auto certification will enhance its credibility and appeal to industrial customers [70][76] - Management expects to see modest volume in commercial revenue from product sales in the second quarter of 2025, with a revenue ramp starting in the second half of 2025 [30] Other Important Information - The company has 94 issued B TRAN patents, with 45 outside the US, and a pending patent list of 70 [25] - The first engineering run of the next generation B TRAN die was successfully completed, which is expected to double the available capacity from wafer fabrication partners [24] Q&A Session Summary Question: Can you talk about the CCORM advanced technology bullet point? - The order has been partially fulfilled, and shipments have started in Q1, creating opportunities for future design wins [33][34] Question: What does the purchase order process with Stellantis entail? - The process is expected to be relatively short, taking several weeks due to the high priority of the program [36] Question: What is the expected value of Ideal Power technology in electric vehicles? - The estimated value is roughly $1,100 per vehicle, with EV contactors alone valued at $200 to $300 per vehicle [66] Question: What will it take for the company to reach cash flow breakeven? - A few key design wins could lead to significant annual revenue, potentially millions or even exceeding $10 million [59] Question: How long is the sales cycle for your products? - The typical sales cycle is about twelve months for industrial customers, but it can vary widely [60][63] Question: What impact will auto certification have on customers outside the auto industry? - It will positively impact industrial customers, as products that have undergone auto certification are seen as more robust [76]

Financial Data and Key Metrics Changes - The first quarter cash burn was $2.1 million, up from $2 million in Q1 2024, but down from $2.6 million in Q4 2024, and below the guidance of $2.2 million to $2.4 million [29][30] - Cash and cash equivalents totaled $13.7 million as of March 31, 2025, with no debt and a clean capital structure [30][32] - The net loss for Q1 2025 was $2.7 million compared to $2.5 million in Q1 2024 [32] Business Line Data and Key Metrics Changes - The company completed solid state circuit breaker prototypes three months ahead of schedule, with initial testing completed successfully [5][13] - An order was secured from a third Forbes Global 500 power management market leader for solid state circuit breakers, indicating strong interest in the technology [6] - The company expects initial revenue ramp from solid state circuit breaker customers starting in the second half of 2025 [9] Market Data and Key Metrics Changes - There is a growing demand for solid state circuit protection due to the rapid growth in distributed energy sources like renewables and batteries [10][11] - The European Union estimates a need for over $2 trillion in grid investments over the next 25 years, creating significant opportunities for solid state circuit protection technologies [10] - The company is engaged with multiple large global customers, indicating a robust pipeline for future design wins [16] Company Strategy and Development Direction - The company is focused on expanding its technology for solid state circuit breakers and EV contactors, with a strong emphasis on partnerships with major automotive manufacturers like Stellantis [20][21] - The asset-light business model is emphasized as a competitive advantage, allowing the company to leverage existing investments in wafer fabrication and packaging [24][55] - The company is actively pursuing design wins with large customers, which could lead to significant revenue opportunities [62] Management's Comments on Operating Environment and Future Outlook - Management highlighted the urgency for grid infrastructure upgrades to handle distributed loads, which is driving interest in their technology [10][11] - The company expects to see modest volume in commercial revenue from product sales in Q2 2025, with a revenue ramp starting in the second half of 2025 [30] - Management expressed optimism about the potential for significant commercial announcements and design wins in the near future [67] Other Important Information - The company has 94 issued B TRAN patents, with 45 outside the United States, and a pending patent list of 70 [26] - The first engineering run of the next generation B TRAN die was successfully completed, which is expected to double the available capacity from wafer fabrication partners [26] Q&A Session Summary Question: Can you talk about the CCORM advanced technology bullet point? - The order has started shipping and is partially fulfilled, creating opportunities for future design wins [36] Question: What does the PO process at Stellantis mean in terms of time? - The process is expected to take several weeks, as it is a high priority program for Stellantis [40] Question: What is the end game for opportunities with Stellantis? - The company will provide semiconductors for multiple vehicles across Stellantis brands, leveraging a platform approach [46] Question: What is the expected value of ideal power technology in electric vehicles? - The estimated value is roughly $1,100 per vehicle, with significant opportunities in various applications [69] Question: When will auto certification be completed? - Targeting completion by the end of 2025, with the process progressing well [71] Question: What impact will auto qualification have on customers outside the auto industry? - It will positively impact industrial customers, as products with auto certification will be seen as more robust [80]