Ideal Pwr Inc Stock Price, News & Analysis

AUSTIN, Texas, March 20, 2023 (GLOBE NEWSWIRE) -- Ideal Power (NASDAQ: IPWR) announces its participation in key investor conferences. The company will present at the Emerging Growth Virtual Conference on March 22 at 1:10 PM ET, accessible via their Investor Relations website. Following this, they will participate in the Maxim Group’s Electric Vehicle & Auto Tech Virtual Conference on March 30 at 12:30 PM ET. Finally, Ideal Power will engage in one-on-one meetings at the Planet Microcap Showcase in Las Vegas on April 26-27. Ideal Power develops the B-TRAN™ semiconductor technology aimed at improving energy efficiency across various applications.

Ideal Power Inc. (NASDAQ: IPWR) has secured a test and evaluation agreement with a global Tier 1 automotive supplier for its B-TRAN™ semiconductor technology, aimed at applications in electric vehicle (EV) inverters and charging. This collaborative effort marks a significant step in B-TRAN™'s commercialization, with sample deliveries planned for the second half of 2023. B-TRAN™ offers potential cost advantages, reducing power losses by over 50% compared to conventional switches, which could significantly lower EV production costs, improving overall efficiency and vehicle range.

Ideal Power Inc. (Nasdaq: IPWR) reported its Q4 and full year 2022 financial results, highlighting significant developments in its B-TRAN™ technology. The company launched its first commercial product, the SymCool™ Power Module, which minimizes conduction losses and entered into a product development agreement with a top automaker for EV drivetrain inverters. Financially, grant revenue for Q4 2022 was $16,608, down from $128,605 in Q4 2021. Operating expenses rose to $2.0 million, leading to a net loss of $1.9 million. Cash reserves totaled $16.3 million at year-end, with significant milestones set for 2023.

Austin, Texas, March 1, 2023 – Ideal Power (Nasdaq: IPWR) announced details about its participation in the 35th Annual Roth Conference on March 13, 2023. Dan Brdar, the company's CEO, will hold one-on-one meetings with attendees in Dana Point, California, and participate in a fireside chat at 2:30 PM ET. Interested parties can request meetings via Roth's online platform or contact Ideal Power's Investor Relations. Ideal Power is known for its B-TRAN™ technology, a patented bidirectional semiconductor power switch designed to improve efficiency in various applications, including electric vehicles and renewable energy solutions.

Ideal Power (Nasdaq: IPWR) has released a new whitepaper detailing its proprietary B-TRAN™ bidirectional semiconductor power switch. This document outlines the device's structure, operating modes, and performance test results, showcasing its efficiency over conventional solutions. B-TRAN™ offers low conduction losses and fast switching capabilities, positioning it for applications in electric vehicles and renewable energy. The technology is validated by recent tests matching simulation data, indicating strong commercial potential. The whitepaper aims to attract interest from the technical community, enhancing business opportunities.

AUSTIN, Texas, Feb. 23, 2023 (GLOBE NEWSWIRE) -- Ideal Power (NASDAQ: IPWR) announced a conference call scheduled for March 2, 2023, at 4:30 p.m. EST to discuss its Q4 and full-year results for 2022. Management, including President and CEO Dan Brdar and CFO Tim Burns, will host the call, allowing analysts and investors to submit questions. The call will be accessible via phone and webcast, with a replay available post-event. Additionally, Ideal Power plans to participate in the KeyBanc Capital Markets Emerging Technology Summit on March 7 and the Roth Capital Annual Conference on March 13, 2023.

Ideal Power Inc. (NASDAQ: IPWR) announces its participation in three key investor conferences in early 2023. The Emerging Growth Virtual Conference is scheduled for February 8, followed by the KeyBanc Capital Markets Emerging Technology Summit on March 7, and the Roth Capital Annual Conference on March 13. During these events, management will discuss advancements in the commercialization of the B-TRAN™ technology, highlighted by the recent launch of the SymCool™ Power Module. Ideal Power aims to showcase its innovative energy control solutions, focusing on reducing operational costs and enhancing efficiency across various applications.

Ideal Power Inc. (NASDAQ: IPWR) has launched its first commercial product, the SymCool™ Power Module, designed to meet the needs of the solid-state circuit breaker (SSCB) market. This innovative module features a rating of 1200V and 100A with double-sided cooling, aimed at minimizing conduction losses. Ideal Power's B-TRAN™ technology allows for more efficient, bidirectional energy flow compared to traditional semiconductor switches. The SSCB market is projected to grow at a CAGR of over 6%, reaching approximately $26 billion by 2027. The new module is expected to lead to energy savings and reduced component costs, enhancing the company's product roadmap.

Ideal Power (Nasdaq: IPWR) announced its participation in the Needham 25th Annual Growth Conference on January 12, 2023, for one-on-one meetings with institutional investors. Jeff Christensen of Darrow Associates will assist in arranging these meetings. The company's latest investor presentation can be found on their website. CEO Dan Brdar expressed that Ideal Power accomplished significant milestones in 2022 and aims to share progress and upcoming goals for 2023 during the conference. Ideal Power focuses on its patented B-TRAN™ technology, enhancing efficiency in various energy applications.