Ideal Pwr Inc Stock Price, News & Analysis

Ideal Power (Nasdaq: IPWR) has announced a sampling agreement with an electric vehicle (EV) charger provider for its B-TRAN™ devices, marking its entry into the expanding EV charging station market, projected to grow from 2.1 million to 30.8 million units by 2027. The innovative EV charger incorporates a swappable battery system and aims to alleviate charging concerns with faster, more efficient technology. B-TRAN™ offers 50% reduction in power losses and 75% fewer components compared to conventional systems, enhancing cost-effectiveness and efficiency in mobile EV charging and renewable energy applications.

AUSTIN, Texas, July 21, 2021 (GLOBE NEWSWIRE) -- Ideal Power (Nasdaq: IPWR) announced that CEO Dan Brdar will join the Water Tower Research Fireside Chat Series on July 22, 2021, at 2:00 PM EDT. The discussion will focus on the application of their patented B-TRAN™ switches in circuit breaker technologies. Interested investors can register for the event, which will also be available for replay after the live session. Ideal Power is committed to developing eco-friendly energy control solutions across various sectors, including electric vehicles and renewable energy.

Ideal Power Inc. (NASDAQ: IPWR) is collaborating with Diversified Technologies, Inc. (DTI) on a Phase I Small Business Innovation Research (SBIR) grant from the Department of Energy to develop a low-loss, 13.8 kV alternating current Solid State Circuit Breaker (SSCB) driven by its B-TRAN™ technology. The project includes designing a 50 MW SSCB and validating the performance of B-TRAN™ switch modules. This innovative circuit breaker promises to enhance efficiency, reduce costs, and limit fault energy significantly compared to conventional breakers, with potential applications in medium voltage power distribution and renewable energy systems.

Ideal Power Inc. (NASDAQ: IPWR) announced that Jeff Knapp, Vice President of Business Development, will participate in the Water Tower Research Fireside Chat Series on June 10, 2021, at 2:00 pm EDT. The discussion will focus on B-TRAN™ applications for the EV market. Interested participants must register for the live event, which will be available for replay post-event. Ideal Power is known for its B-TRAN™ bi-directional power switches, which enhance energy efficiency across various applications, including electric vehicles and renewable energy.

Ideal Power Inc. (Nasdaq: IPWR) reported its Q1 2021 results, focusing on progress in commercializing its B-TRAN™ technology. The company achieved key milestones under the NAVSEA program and strengthened its balance sheet, raising $21.2 million in net proceeds from a public offering. Operating expenses remained stable at $0.9 million, with a net loss of $0.9 million, identical to Q1 2020. Cash and equivalents totaled $26.8 million as of March 31, 2021. Ideal Power is advancing collaborations with automotive and renewable energy sectors, enhancing its technology and market position.

Ideal Power Inc. (NASDAQ: IPWR) announced participation in the 16th Annual Needham Virtual Technology & Media Conference from May 17-20, 2021. During this event, President Dan Brdar and CFO Tim Burns will host virtual one-on-one investor meetings. They are scheduled to present on May 19, 2021, at 3:45 p.m. EDT. A webcast of the presentation will be available for replay. Ideal Power focuses on its patented B-TRAN™ technology, which aims to enhance energy control solutions across various applications, including electric vehicles and renewable energy.

Ideal Power Inc. (NASDAQ: IPWR) announces the appointment of Dr. Jiankang Bu as Vice President of Engineering. With over 20 years in power semiconductor engineering and numerous patents, Dr. Bu will lead the advancement of the company's B-TRAN™ technology. His expertise in semiconductor devices for electric and hybrid vehicles aims to enhance product design and technology commercialization. This appointment aligns with Ideal Power's focus on efficient energy solutions for various applications, including renewable energy and electric vehicles.

Ideal Power Inc. (Nasdaq: IPWR) announced a conference call on May 13, 2021, at 4:30 p.m. EDT to discuss its Q1 results for the period ending March 31, 2021. The call will feature CEO Dan Brdar and CFO Tim Burns, followed by a Q&A session. Interested parties can access the call via a toll-free number or internationally. A replay will be available post-call until June 12, 2021. Ideal Power specializes in B-TRAN™ bi-directional power switches aimed at enhancing energy efficiency in various applications.