Ideal Power targets near-term revenue with industrial applications, EV deals

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 ...