Welcome to our dedicated page for Ideal Pwr news (Ticker: IPWR), a resource for investors and traders seeking the latest updates and insights on Ideal Pwr stock.
Ideal Power Inc. (Nasdaq: IPWR) is a manufacturing-sector company focused on B-TRAN® bidirectional semiconductor power switches for electric vehicles, data centers, renewable energy, energy storage, and industrial and military applications. This news page aggregates company press releases and market updates so readers can follow how Ideal Power’s technology and commercial roadmap are progressing over time.
Recent news highlights include quarterly financial results, operational milestones and customer engagements. Ideal Power regularly reports on its B-TRAN® commercial roadmap, such as shipping solid-state circuit breaker prototypes and reference designs, collaborating with multiple global Tier 1 automotive suppliers, and securing a purchase order from Stellantis for custom B-TRAN® devices targeting several EV applications. Updates also cover increases in the published power rating of the discrete B-TRAN® product and plans for corresponding changes to the SymCool® power module.
Investors and industry observers can use this feed to track announcements related to EV contactor and solid-state circuit breaker programs, participation in investor conferences, and developments in Ideal Power’s patent estate across North America, Asia and Europe. The news flow also includes information on leadership changes, such as the appointment of David Somo as President and Chief Executive Officer, and details on scheduled conference calls and webcasts discussing quarterly results.
By reviewing Ideal Power’s news on a regular basis, readers can see how the company’s B-TRAN® technology is being evaluated by global automakers, Tier 1 suppliers and power management companies, and how these engagements translate into design wins, development programs and product-level advancements.
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.
Ideal Power (NASDAQ: IPWR) announced that CEO Dan Brdar will participate in the Water Tower Research Fireside Chat Series on April 22, 2021, at 2:00 pm EDT. The discussion will focus on the company's innovative B-TRAN™ bi-directional power switches and their potential markets. Interested participants must register as space is limited, but the event will be available for replay afterward. Ideal Power is committed to advancing its patented B-TRAN™ technology, which offers significant efficiency improvements for various applications, including electric vehicles and renewable energy.
Ideal Power Inc. (Nasdaq: IPWR) announced its fourth-quarter and full-year 2020 results, reporting a net loss of $1.1 million for Q4 and $7.8 million for the full year. The company is progressing towards commercialization of its B-TRAN™ technology and has completed key milestones in partnership with NAVSEA and Diversified Technologies, Inc. Ideal Power raised $21.2 million through a public offering in February 2021, bolstering its balance sheet. Cash and equivalents stood at $3.2 million at year's end. Future plans include device fabrication and customer engagement for commercial revenue expected in 2022.
AUSTIN, Texas, March 11, 2021 (GLOBE NEWSWIRE) – Ideal Power (NASDAQ: IPWR) announced that its CEO Dan Brdar and CFO Tim Burns will attend the Q1 Virtual Investor Summit from March 23-25, 2021. They will present on March 25 at 3:30 PM ET. The summit connects smallcap and microcap companies with over 300 investors, showcasing 100 participating companies. Ideal Power focuses on its patented B-TRAN™ bi-directional power switches, aiming to enhance energy efficiency in various applications including electric vehicles and renewable energy.
Ideal Power (NASDAQ: IPWR) announced the completion of a new B-TRAN™ driver in collaboration with The University of Texas at Austin, designed for customer sampling. This driver enhances B-TRAN™'s performance by reducing size, improving switching speed, and lowering losses. The company aims to facilitate technical evaluations for potential customers and collect feedback for an upcoming intelligent power module. Patent protection has been filed for the innovations, marking a significant step towards commercializing B-TRAN™ technology.
AUSTIN, Texas, March 3, 2021 (GLOBE NEWSWIRE) -- Ideal Power (NASDAQ: IPWR) announced participation in the B. Riley Securities Sustainable Energy & Technology Conference on March 9-10, 2021. CEO Dan Brdar and CFO Tim Burns will host virtual one-on-one investor meetings and present on March 9 at 2:00 p.m. EST. A live webcast will be available, with a replay and the latest investor presentation on Ideal Power’s website. The company focuses on developing B-TRAN™ bi-directional power switches for various applications including renewable energy and electric vehicles.
Ideal Power Inc. (NASDAQ: IPWR) will host a conference call on March 17, 2021, at 4:30 p.m. EST to discuss its fourth quarter and full year results for 2020. The call will be led by CEO Dan Brdar and CFO Tim Burns, followed by a Q&A session. A press release with detailed results will precede the call. Interested parties can access the call via a toll-free number or online through the company's investor relations site. A replay will be available from March 17 to April 17, 2021.
Ideal Power (NASDAQ: IPWR) has appointed Jeffrey S. Knapp as Vice President of Business Development. With over 20 years in the semiconductor industry, Knapp's experience includes positions at major firms like Crystal IS and Infineon. He is set to lead efforts in expanding customer and partner relationships in industries such as electric vehicles, renewable energy, and uninterruptible power supply. CEO Dan Brdar expressed optimism about Knapp's ability to drive the commercialization of their B-TRAN™ bi-directional power switches, which promise notable efficiency advantages over traditional semiconductor technologies.
Ideal Power Inc. (Nasdaq: IPWR) has completed a public offering of 1,352,975 shares of its common stock at $17.00 per share, raising approximately $23 million. After deducting expenses, the company expects to receive around $21.1 million. The funds will support the commercialization and development of its B-TRAN™ semiconductor technology, aimed at enhancing efficiency in power control applications. The offering was facilitated by The Benchmark Company, LLC, and follows a shelf registration declared effective by the SEC in December 2020.
Ideal Power Inc. (Nasdaq: IPWR) announced a public offering of 1,176,500 shares at $17.00 each, totaling approximately $20 million. The underwriter has a 30-day option for an additional 176,475 shares. After costs, net proceeds are projected to be about $18.35 million, aimed at financing B-TRAN™ semiconductor technology development and general corporate purposes. The offering closes around February 11, 2021. The shares are offered under an effective SEC registration statement, with details available through The Benchmark Company, LLC.