Ideal Power

Ideal Power, Inc. engages in the development of power converter solutions for photovoltaic generation, grid-storage and electrified vehicle charging. Its products include solar inverters, bi-directional battery, electric vehicle chargers, photovoltaic inverters and battery converters. The firm has developed the patented Power Packet Switching Architecture power conversion technology. The company was founded by William C. Alexander on May 17, 2007 and is headquartered in Austin, TX.

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Ideal Power reports Q4 results, eyes growth in defense and EV markets

Ideal Power's Q4 2022 performance saw grant revenue of $17,000 and operating expenses of $2 million.
The company is well-positioned with $16.3 million in cash and expects cash burn of $1.8-2 million in Q1 2023.
Strong partnerships and product commercialization efforts indicate a positive outlook for 2023.
Challenges in cost management, cash burn, and industry uncertainties require strategic planning for sustained growth.

Ideal Power advances B-TRAN tech and partnerships amidst revenue challenges

Ideal Power's Q1 2023 performance reflects progress in technology commercialization and strategic partnerships despite minimal revenue.
The company's focus on innovation, cost control, and milestone achievement underscores their commitment to long-term success.
With ample liquidity, an asset-light model, and a clear roadmap for growth, Ideal Power is poised to capitalize on market opportunities.

Ideal Power transitions successfully to commercial entity, eyes revenue growth

Ideal Power showcased strong progress in transitioning to a commercial entity, achieving milestones in B-TRAN device manufacturing and introducing the SymCool Power Module for solid-state circuit breakers.
The company reported Q2 2023 revenue of $98,000 from development and $37,000 from grants, with a net loss of $2.3 million and cash burn of $1.8 million, maintaining ample liquidity to fund operations through 2024.
Revenue from automaker adoption of B-TRAN technology is expected in 2025, with revenue per electric vehicle estimated at $800 to $1,000 and margins projected to reach 50% at volume.
Ideal Power's strategic strengths lie in its dual-sourcing approach for wafer fabrication, no debt structure, and potential for licensing technology to semiconductor players, positioning the company for future growth and success.

Ideal Power advances B-TRAN technology, eyes growth amid financial challenges

Ideal Power made significant progress in Q3 2023, focusing on commercializing B-TRAN technology for renewable energy and EV markets.
While facing challenges in managing cash burn and pricing strategies, the company is strategically positioned for growth and profitability.
Opportunities lie in upcoming development revenue, product sales ramp-up, and potential licensing benefits, driving future success.
Overall, Ideal Power's performance reflects a balance of achievements, strengths, challenges, and opportunities in its strategic roadmap.

Ideal Power advances B-TRAN tech, plans growth in key markets

Ideal Power's Q4 2023 earnings call highlighted progress in commercializing B-TRAN semiconductor technology, revenue growth in key markets, and plans for 2024. The company faces challenges in distribution but sees opportunities in engaging with auto suppliers and enhancing B-TRAN technology. Financially, Ideal Power reported revenue and outlined cash burn expectations for 2024.

Ideal Power reports steady Q1 performance amidst strategic advancements

Ideal Power's Q1 2024 performance showed modest revenue with controlled expenses. The company's strengths lie in technological advancements and strategic partnerships. Challenges include managing expenses while driving revenue growth. Opportunities exist in market growth and expanding relationships.

Ideal Power reports milestone achievements and financial insights in Q2 2024 earnings call

Ideal Power's Q2 2024 earnings call highlighted strong performance metrics, strategic collaborations, and financial insights. While facing challenges such as competition and market dynamics, the company remains optimistic about future opportunities and growth potential. Analyst inquiries reflected a keen interest in the company's strategic direction and market positioning.

Ideal Power reports modest Q3 revenue, eyes growth opportunities

Ideal Power's Q3 2024 performance reflects a focus on automotive qualification testing and cost management.
While challenges in operating expenses and cash burn persist, strategic collaborations and product enhancements position the company well.
Opportunities lie in market expansion through new distributor partnerships and positive testing results for B-TRAN devices.
Balancing short-term financial constraints with long-term growth potential will be key for Ideal Power's future success.

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Ideal Power, Inc. engages in the development of power converter solutions for photovoltaic generation, grid-storage and electrified vehicle charging. Its products include solar inverters, bi-directional battery, electric vehicle chargers, photovoltaic inverters and battery converters. It is focused on its patented Bidirectional, Bipolar Junction Transistor (B-TRAN) semiconductor technology. The company was founded by William C. Alexander on May 17, 2007 and is headquartered in Austin, TX.

AUSTIN, Oct. 21, 2021 (GLOBE NEWSWIRE) -- Ideal Power Inc. (Nasdaq: IPWR), pioneering the development and commercialization of highly efficient and broadly patented B-TRAN™ bi-directional power switches, today announced with great sadness the passing of David B. Eisenhaure, Chairman of the Board of Directors. Mr. Eisenhaure was an engineering visionary, accomplished inventor and entrepreneur and seasoned public company executive.

Ideal Power Announces the Passing of Chairman David B. Eisenhaure

The company is developing a more efficient, bi-directional power switch technology based on their innovative B-TRAN technology. B-TRAN brings important advantages in terms of energy efficiency gains, reduced losses, bi-directionality and reduced bill of materials and heat production.

Ideal Power: A High-Risk, High-Reward Innovative Power Switch Play

AUSTIN, Texas, Sept. 10, 2021 (GLOBE NEWSWIRE) -- Ideal Power Inc. (Nasdaq: IPWR), pioneering the development and commercialization of highly efficient and broadly patented B-TRAN™ bi-directional power switches, today announced that Dan Brdar, President and Chief Executive Officer, and Tim Burns, Chief Financial Officer, will present at the 23rd Annual H.C. Wainwright Global Investment Conference, taking place virtually September 13-15, 2021. Management will also host one-on-one meetings with investors throughout the event.

Ideal Power to Present at H.C. Wainwright 23rd Annual Global Investment Conference

Ideal Power Inc. (IPWR) CEO Daniel Brdar on Q2 2021 Results - Earnings Call Transcript

AUSTIN, Texas, Aug. 12, 2021 (GLOBE NEWSWIRE) -- Ideal Power Inc. (“Ideal Power” or the “Company”) (Nasdaq: IPWR), pioneering the development and commercialization of highly efficient and broadly patented B-TRAN™ bi-directional power switches, reported results for its second quarter ended June 30, 2021.

Ideal Power Reports Second Quarter 2021 Financial Results

AUSTIN, Texas, Aug. 10, 2021 (GLOBE NEWSWIRE) -- Ideal Power Inc. (Nasdaq: IPWR), pioneering the development and commercialization of highly efficient and broadly patented B-TRAN™ bi-directional power switches, today announced its participation in two August 2021 investor conferences. Dan Brdar, President and Chief Executive Officer and Tim Burns, Chief Financial officer, will present and hold meetings with investors at the following conferences:

Ideal Power to Present at August 2021 Conferences

AUSTIN, Texas, Aug. 03, 2021 (GLOBE NEWSWIRE) -- Ideal Power Inc. (Nasdaq: IPWR), pioneering the development and commercialization of highly efficient and broadly patented B-TRAN™ bi-directional power switches, today announced that it has signed an agreement for the testing and evaluation of B-TRAN™ devices by a leading global provider of power conversion solutions to the solar industry. This provider has historically served the solar space and is currently expanding its portfolio to include a broad array of power conversion application solutions serving multiple sectors. B-TRAN™ will be evaluated for its compelling advantages in bi-directional circuits for various applications, with an initial focus on uninterruptible power supply (UPS) systems for data centers and the potential to expand testing and evaluation to include renewable energy, electric vehicle (EV) and other applications served by this provider.

Ideal Power Signs B-TRAN™ Test and Evaluation Agreement with Top 10 Global Provider of Power Conversion Solutions to the Solar Industry

AUSTIN, Texas, July 29, 2021 (GLOBE NEWSWIRE) -- Ideal Power Inc. (Nasdaq: IPWR), pioneering the development and commercialization of highly efficient and broadly patented B-TRAN™ bi-directional power switches, today announced that management will hold a conference call on Thursday, August 12, 2021 at 4:30 p.m. Eastern Time to discuss its results for the second quarter ended June 30, 2021. A press release detailing these results will be issued prior to the call.

Ideal Power to Host Second Quarter 2021 Results Conference Call on Thursday, August 12, 2021 at 4:30 P.M. Eastern Time

AUSTIN, Texas, July 27, 2021 (GLOBE NEWSWIRE) --  Ideal Power Inc. (Nasdaq: IPWR), pioneering the development and commercialization of highly efficient and broadly patented B-TRAN™ bi-directional power switches, today announced that an electric vehicle (EV) charger provider will be sampling B-TRAN™ devices for its innovative portable and modular EV charging system currently under development. This represents Ideal Power's second sampling agreement in the EV space and its first in the 2.1 million unit global EV charging station market. This market is projected to grow at a compound annual growth rate (CAGR) of approximately 47% to 30.8 million units by the end of 2027 as governments phase out fossil fuel vehicles from the market and make infrastructure investments to meet the growing demand for EV charging stations to support the adoption of EVs.

Ideal Power Signs B-TRAN™ Sampling Agreement for Electric Vehicle Charging Application

AUSTIN, Texas, July 21, 2021 (GLOBE NEWSWIRE) -- Ideal Power Inc. (Nasdaq: IPWR), pioneering the development and commercialization of highly efficient and broadly patented B-TRAN™ bi-directional power switches, today announced that Dan Brdar, President and Chief Executive Officer, will participate in Water Tower Research Fireside Chat Series on Thursday, July 22, 2021 at 2:00 pm EDT.

Ideal Power CEO Dan Brdar to Participate in Water Tower Research Fireside Chat Series on Thursday, July 22, 2021 at 2:00 pm EDT

The stock price of Ideal Power Inc (NASDAQ: IPWR) increased by over 34% during intraday trading. This is why it happened.

IPWR Stock Increases Over 34% Intraday: Why It Happened

AUSTIN, Texas, July 20, 2021 (GLOBE NEWSWIRE) -- Ideal Power Inc. (Nasdaq: IPWR), pioneering the development and commercialization of highly efficient and broadly patented B-TRAN™ bi-directional power switches, today announced that a top 10 global automaker will be sampling B-TRAN™ devices for electric vehicle (EV) drivetrain, power conversion, circuit protection and other EV applications. This represents Ideal Power's first sampling announcement in the EV space, already the largest segment in the $6 billion power switch market, a market forecasted to grow to $11 billion by 2026.

Ideal Power to Sample B-TRAN™ Bi-Directional Power Switches with Top 10 Global Automaker

AUSTIN, Texas, June 16, 2021 (GLOBE NEWSWIRE) -- Ideal Power Inc. (Nasdaq: IPWR), pioneering the development and commercialization of highly efficient and broadly patented B-TRAN™ bi-directional power switches, is partnering with Diversified Technologies, Inc. (DTI), under a Phase I Small Business Innovation Research (SBIR) grant from the Department of Energy (DOE), to develop a B-TRAN™-driven low-loss 13.8 kV alternating current (AC) Solid State Circuit Breaker (SSCB). The SSCB is intended to be used in medium voltage power distribution and renewable energy / microgrid connection to the United States main power grid.

Ideal Power and Diversified Technologies, Inc. to Collaborate on B-TRAN™ Based AC Circuit Breaker Under New Department of Energy SBIR Award

AUSTIN, Texas, June 08, 2021 (GLOBE NEWSWIRE) -- Ideal Power Inc. (Nasdaq: IPWR), pioneering the development and commercialization of highly efficient and broadly patented B-TRAN™ bi-directional power switches, today announced that that Jeff Knapp, Vice President Business Development, will participate in Water Tower Research Fireside Chat Series on Thursday, June 10, 2021 at 2:00 pm EDT.

Ideal Power Vice President of Business Development Jeff Knapp to Participate in Water Tower Research Fireside Chat Series on Thursday, June 10, 2021 at 2:00 pm EDT

Ideal Power Inc. (IPWR) CEO Dan Brdar on Q1 2021 Results - Earnings Call Transcript

Ideal Power is developing a novel power switching technology that offers significant efficiency over the existing IGBT power switching technology. Ideal Power has signed its first $1.2 mm contract with Diversified Technologies Inc. to supply B-TRAN devices, demonstrating B-TRAN's high efficiency in the US Navy Ship electrification program.

Ideal Power: Disrupting The Semiconductor Power Switch Industry

AUSTIN, Texas, May 10, 2021 (GLOBE NEWSWIRE) -- Ideal Power Inc. (Nasdaq: IPWR), pioneering the development and commercialization of highly efficient and broadly patented B-TRAN™ bi-directional power switches, today announced that management is scheduled to participate in the 16th Annual Needham Virtual Technology & Media Conference on May 17-20, 2021.

Ideal Power To Present at the 16ᵗʰ Annual Needham Virtual Technology & Media Conference

AUSTIN, Texas, May 06, 2021 (GLOBE NEWSWIRE) -- Ideal Power Inc. (Nasdaq: IPWR), pioneering the development and commercialization of highly efficient and broadly patented B-TRAN™ bi-directional power switches, named Dr. Jiankang Bu Vice President of Engineering. Dr. Bu is a 20-year power semiconductor and power electronics engineer with deep technical expertise in semiconductor device physics, process and device simulation, wafer fabrication, process optimization, and product design. He holds over 30 issued patents and is the author of numerous technical publications.

Ideal Power Names Dr. Jiankang Bu Vice President of Engineering

AUSTIN, Texas, May 03, 2021 (GLOBE NEWSWIRE) -- Ideal Power Inc. (Nasdaq: IPWR), pioneering the development and commercialization of highly efficient and broadly patented B-TRAN™ bi-directional power switches, today announced that management will hold a conference call on Thursday, May 13, 2021 at 4:30 p.m. Eastern Time to discuss its results for the first quarter ended March 31, 2021. A press release detailing these results will be issued prior to the call.

Ideal Power to Host First Quarter 2021 Results Conference Call on Thursday, May 13, 2021 at 4:30 P.M. Eastern Time

AUSTIN, Texas, April 20, 2021 (GLOBE NEWSWIRE) -- Ideal Power Inc. (Nasdaq: IPWR), pioneering the development and commercialization of highly efficient and broadly patented B-TRAN™ bi-directional power switches, today announced that Dan Brdar, President and Chief Executive Officer, will participate in Water Tower Research Fireside Chat Series on Thursday, April 22, 2021 at 2:00 pm EDT.

Ideal Power President and CEO Dan Brdar to Participate in Water Tower Research Fireside Chat Series on Thursday, April 22, 2021 at 2:00 pm EDT

Ideal Power Inc. (IPWR) CEO Dan Brdar on Q4 2020 Results - Earnings Call Transcript

AUSTIN, Texas, March 17, 2021 (GLOBE NEWSWIRE) -- Ideal Power Inc. (“Ideal Power” or the “Company”) (Nasdaq: IPWR), pioneering the development and commercialization of highly efficient and broadly patented B-TRAN™ bi-directional power switches, reported results for its fourth quarter and full year ended December 31, 2020.

Ideal Power Reports Fourth Quarter and Full Year 2020 Financial Results

AUSTIN, Texas, March 11, 2021 (GLOBE NEWSWIRE) -- via InvestorWire – Ideal Power Inc. (NASDAQ: IPWR), pioneering the development and commercialization of highly efficient and broadly patented B-TRAN™ bi-directional power switches, today announced that Dan Brdar, CEO, and Tim Burns, CFO, will be attending the Q1 Virtual Investor Summit.

Ideal Power Inc. to Present at the Q1 Virtual Investor Summit

AUSTIN, Texas, March 03, 2021 (GLOBE NEWSWIRE) -- Ideal Power Inc. (Nasdaq: IPWR), pioneering the development and commercialization of highly efficient and broadly patented B-TRAN™ bi-directional power switches, today announced that management is scheduled to participate in the B. Riley Securities Sustainable Energy & Technology Conference on March 9-10, 2021.

Ideal Power To Present at the B. Riley Securities Sustainable Energy & Technology Conference

AUSTIN, Texas, Feb. 23, 2021 (GLOBE NEWSWIRE) -- Ideal Power Inc. (Nasdaq: IPWR), pioneering the development and commercialization of highly efficient and broadly patented B-TRAN™ bi-directional power switches, named Jeffrey S. Knapp Vice President of Business Development. Mr. Knapp is a semiconductor industry executive with 20 years of diverse experience in engineering, design, sales, marketing, and business development of semiconductor devices and products.

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