About this content About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, The ...

AUSTIN, Texas, Sept. 23, 2024 /PRNewswire/ -- Ideal Power Inc. (Nasdaq: IPWR) ("Ideal Power," the "Company," "we," "us" or "our"), pioneering the development and commercialization of the highly efficient and broadly patented B-TRAN™ bidirectional semiconductor power switch, today announces an agreement with Sekorm Advanced Technology (Shenzhen) Co., Ltd. for the distribution of Ideal Power's products throughout China. "This is a significant development in the commercialization of our B-TRAN™ technology as w ...

Core Insights - Ideal Power Inc has made significant progress in the commercialization of its B-TRAN technology, particularly in the semiconductor sector and electric vehicle (EV) market through new partnerships [1][2] Group 1: Technology and Product Advantages - Ideal Power's silicon-based semiconductors are designed to reduce energy losses, enhancing EV efficiency and performance, which addresses critical industry challenges [2] - B-TRAN technology improves battery charging and discharging efficiency, reducing costs by using silicon instead of more expensive materials like silicon carbide, thus tackling high costs and range anxiety in EVs [3][4] - The technology can be integrated into high-power components of vehicles, such as the drivetrain inverter and EV contactors, which are essential for managing electricity flow and ensuring safety [4][5] Group 2: Production and Supply Chain Strategy - The company has qualified a second high-volume production facility in Europe, enhancing supply chain resilience and capacity to meet anticipated customer demand [6][7] - Dual sourcing from geographically distinct locations helps mitigate risks associated with global supply chain disruptions, ensuring sufficient production capacity for high-volume requirements from automakers [6][7] Group 3: Market Expansion and Partnerships - The partnership with RYOSHO, a distributor specializing in semiconductors, is expected to enhance Ideal Power's market presence in Asia by reaching new customers more efficiently [8] - Existing collaborations with major automakers like Stellantis are set to further bolster the company's market reach in the EV sector [2][4] Group 4: Customer Engagement and Revenue Potential - Transitioning from evaluation to full-scale deployment of orders from industrial customers is anticipated to positively impact Ideal Power's revenue, although the adoption of new technology may be slow [9][10] - Achieving design wins in the automotive and industrial sectors is crucial, as it typically leads to long-term customer relationships and reduces the likelihood of competitors displacing Ideal Power's products [10] Group 5: Product Development and Innovation - The company has increased the ratings of its SymCool power module by 25% while reducing its size by 50%, significantly improving power density and making OEM products more compact and cost-effective [11]

Ideal Power Inc (NASDAQ:IPWR) CEO Dan Brdar joined Proactive to talk through the company's recent milestones, including engagements with major automotive manufacturers. Brdar also expressed optimism about the company's trajectory, noting its strategic positioning in the macro trends of EV adoption and renewable energy. Proactive: The company is out with its financial numbers today for the last quarter. Tell me a little bit about what you saw in this last quarter, especially some of these partnerships you've ...

About this content About Angela Harmantas Angela Harmantas is an Editor at Proactive. She has over 15 years of experience covering the equity markets in North America, with a particular focus on junior resource stocks. Angela has reported from numerous countries around the world, including Canada, the US, Australia, Brazil, Ghana, and South Africa for leading trade publications. Previously, she worked in investor relations and led the foreign direct investment program in Canada for the Swedish government. S ...

AUSTIN, Texas, Aug. 14, 2024 /PRNewswire/ -- Ideal Power Inc. (Nasdaq: IPWR) ("Ideal Power," the "Company," "we," "us" or "our"), pioneering the development and commercialization of the highly efficient and broadly patented B-TRAN™ bidirectional semiconductor power switch, reports results for its second quarter ended June 30, 2024. "Our B-TRAN™ commercial progress continued with several significant developments over the last three months. We are now collaborating with a third global automaker and achieved t ...

About this content About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, The ...

About this content About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, The ...

AUSTIN, Texas, Aug. 7, 2024 /PRNewswire/ -- Ideal Power Inc. (Nasdaq: IPWR) ("Ideal Power," the "Company," "we," "us" or "our"), pioneering the development and commercialization of the highly efficient and broadly patented B-TRAN™ bidirectional semiconductor power switch, today announces the Company is collaborating with a third global automaker. This global automaker is working closely and meeting regularly with Ideal Power engineers on the use of B-TRAN™-enabled contactors to potentially replace electrome ...

AUSTIN, Texas, July 31, 2024 /PRNewswire/ -- Ideal Power Inc. (Nasdaq: IPWR) ("Ideal Power," the "Company," "we," "us" or "our"), pioneering the development and commercialization of the highly efficient and broadly patented B-TRAN™ bidirectional semiconductor power switch, today announces that management will hold a conference call on Wednesday, August 14, 2024 at 10:00 AM Eastern Time to discuss its results for the second quarter ended June 30, 2024. A press release detailing these results will be issued p ...