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) has announced a conference call scheduled for May 4, 2023, at 4:30 PM ET to discuss its first-quarter results for the period ending March 31, 2023. The call will be led by President and CEO Dan Brdar and CFO Tim Burns, with an opportunity for analysts and investors to ask questions during the session. Interested participants can register to join the call using the toll-free number 1-844-481-2701 or the international number 1-412-317-0657. An audio replay will be available until May 18, 2023.
Additionally, Ideal Power is participating in the Planet Microcap Showcase in Las Vegas on April 26-27, 2023, and the EF Hutton Global Conference in New York on May 10, 2023. The company's innovative B-TRAN™ technology offers significant improvements in energy efficiency for various applications.
Ideal Power Inc. (NASDAQ:IPWR) has announced its participation in the Planet MicroCap Showcase, scheduled for April 26-27, 2023, in Las Vegas, NV. The company will present a webcast on April 26 at 10:00 AM PT, accessible on its Investor Relations website. This event will also feature one-on-one meetings with investors on April 27, with registration available through a provided link or by emailing Jeff Christensen of Ideal Power's Investor Relations.
Ideal Power focuses on its innovative B-TRAN™ technology, a unique bidirectional semiconductor power switch designed to enhance efficiency across various applications, including electric vehicles, renewable energy, and industrial applications. The company is committed to reducing operational costs and improving performance in medium voltage AC power control.
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.