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 (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.
Ideal Power Inc. (Nasdaq: IPWR) announced an underwritten public offering of common stock, with a potential 30-day option for underwriters to purchase an additional 15% of shares. The offering is contingent on market conditions, and no guarantee exists regarding its completion or terms. Proceeds will fund the commercialization of B-TRAN™ semiconductor technology and for general corporate purposes. The offering is being conducted under an SEC shelf registration statement filed on December 2, 2020.
Ideal Power Inc. (NASDAQ: IPWR) has released a whitepaper detailing its B-TRAN™ technology, an advanced bi-directional power switch aimed at enhancing efficiency and reducing costs across multiple sectors. The total addressable market for B-TRAN™ is estimated at $6 billion, with significant segments including Electric Vehicles ($1.5 billion, 15% annual growth), Renewable Energy ($1.1 billion, 12% annual growth), and Data Center UPS ($0.5 billion, 6% annual growth). The technology promises improved efficiency and economic benefits in various applications, including vehicle-to-grid systems and renewable energy solutions.
Ideal Power (NASDAQ: IPWR) announced its participation in the 13th Annual LD Micro Main Event on December 14, 2020. The presentation will be led by Dan Brdar, CEO, and Tim Burns, CFO, scheduled for 2:20 p.m. EST. Investors can access a webcast of the presentation and view the latest investor materials on the company's website. Ideal Power focuses on developing its patented B-TRAN™ bi-directional power switches, aimed at enhancing efficiency and reducing costs in various applications, including industrial and automotive markets.
Ideal Power (NASDAQ: IPWR) has announced its participation in two upcoming virtual investor conferences: the 11th Annual Craig-Hallum Alpha Select Conference on November 17, 2020, and the Benchmark Company 9th Annual Discovery One-on-One Conference on November 18, 2020. The company specializes in developing and commercializing B-TRAN™ bi-directional power switches, which offer efficient energy control solutions. Interested parties can access the latest investor presentation on Ideal Power's website and schedule one-on-one meetings through their conference representatives.