Ideal Power (IPWR) Stock

Ideal Power Inc (NASDAQ:IPWR) announced on Monday its first design win for solid-state circuit breakers (SSCBs) through a partnership with one of Asia's largest circuit protection equipment manufacturers, The agreement includes joint development of a SSCB product incorporating Ideal Power's B-TRAN devices, according to a statement from the company. Design, prototyping, and testing is expected to be completed by the second quarter of 2025, with commercial sales to follow later that year.

AUSTIN, Texas , Dec. 16, 2024 /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, today announced the Company secured its first design win for solid-state circuit breakers (SSCBs) with one of the largest circuit protection equipment manufacturers in Asia serving the industrial and utility markets. In connection with this design win, the Company entered into a joint development agreement for a SSCB product incorporating multiple B-TRAN® devices.

Ideal Power Inc (NASDAQ:IPWR) announced on Wednesday that it has secured a multi-unit order for its SymCool IQ intelligent power module from a customer specializing in circuit protection and power conversion solutions. The order builds on prior purchases of the company's SymCool power modules and drivers, with the customer exploring applications for SymCool and SymCool IQ modules in areas such as electric vehicles, EV charging, renewable energy, and data centers.

AUSTIN, Texas , Dec. 4, 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 announced that the Company secured a multi-unit order for its SymCool® IQ intelligent power module from a customer that specializes in the development and manufacture of circuit protection and power conversion solutions. The customer previously ordered multiple SymCool® power modules and drivers.

Ideal Power Inc (NASDAQ:IPWR) ended the third quarter of 2024 with $18.7 million in cash and cash equivalents and no long-term debt as it advanced its B-TRAN commercialization efforts. The Texas-based company, which focuses on efficient power switches for applications in electric vehicles and other industries, highlighted its strategic partnerships and ongoing collaborations in the automotive sector, aiming to replace traditional electromechanical contactors with its B-TRAN-enabled solutions.

AUSTIN, Texas , Nov. 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 third quarter ended September 30, 2024. "Our Q3 accomplishments underscore the continued execution of our B-TRAN™ commercial roadmap with several significant developments.

Ideal Power Inc (NASDAQ:IPWR) announced it has received orders from a global Tier 1 automotive supplier that supplies sensors and electrical protection components to major automotive OEMs and is advancing solutions for vehicle electrification. The NYSE-listed customer has ordered multiple discrete B-TRAN devices, a SymCool power module, a solid-state circuit breaker evaluation board, and a driver, Ideal Power said in a statement.

Ideal Power Inc (NASDAQ:IPWR) announced the initiation of third-party automotive qualification and reliability testing for its B-TRAN devices, a key step in the company's commercialization efforts. The developer of the B-TRAN bidirectional semiconductor power switch previously completed internal reliability testing of packaged B-TRAN devices in extreme environmental conditions, including high electrical and thermal stress, at both its in-house lab and a third-party site.

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.