Sun Communities, Inc. Declares Fourth Quarter 2025 Distribution

Rhea-AI Summary

Ideal Power (Nasdaq: IPWR) announced an increase in the published power rating for its discrete B-TRAN product from 50 amps to 75 amps effective with an updated datasheet posted to the company website on Sept 22, 2025. The company says the change is supported by extensive internal and external testing and notes the device has been tested on a long-term continuous basis at up to 150 amps while no product or packaging changes were made.

Management stated the higher rating enables higher system power with the same device count or equal power with fewer devices, which can improve power density, reduce OEM part count, and support a pricing premium for the company. An updated rating for the SymCool power module (using the same dies) is scheduled to be announced later this year.

Positive

• Power rating increased 50% from 50A to 75A
• Long-term testing supports continuous operation up to 150A
• Higher rating may enable reduced OEM part count and improved power density

Negative

• Updated SymCool power module rating remains pending announcement later this year

Key Figures

Power rating increase 50% Increase in published power rating of discrete B-TRAN product

Prior B-TRAN rating 50 amps Original published power rating of discrete B-TRAN product

New B-TRAN rating 75 amps Updated published power rating of discrete B-TRAN product

Stress-tested current 150 amps Long-term continuous testing level for discrete B-TRAN product

Market Reality Check

$125.53 Last Close

Volume Volume 740,750 vs 20-day average 532,095 (relative volume 1.39x) ahead of this headline. normal

Technical Shares at 125.53, trading below the 200-day MA of 126.14 and 8.88% under the 52-week high.

Peers on Argus

SUI fell 2.11% with sector peers also negative (e.g., ESS -1.25%, INVH -1.59%, AMH -0.81%), indicating broader REIT weakness even though no momentum scan signal was triggered.

Historical Context

Date	Event	Sentiment	Move	Catalyst
Oct 29	Q3 2025 earnings	Positive	-2.3%	Core FFO beat guidance ranges and Safe Harbor sale completed with raised outlook.
Oct 09	Earnings call notice	Neutral	+0.5%	Announcement of Q3 2025 earnings release timing and conference call details.
Sep 19	CEO inducement award	Neutral	+0.4%	Equity inducement grant of $1,000,000 in stock for incoming CEO Charles D. Young.
Sep 03	Q3 dividend declaration	Positive	+2.8%	Board declared a $1.04 per share dividend for the third quarter of 2025.
Jul 30	Q2 2025 earnings	Positive	+6.4%	Strong Q2 results, Safe Harbor sale completion, capital returns and raised Core FFO guidance.

Pattern Detected

Recent history shows mostly aligned reactions to fundamental news, with one notable divergence where Q3 2025 earnings and guidance strength coincided with a negative next-day move.

Recent Company History

Over the last five news events since July 30, 2025, Sun Communities has reported strong quarterly results, completed and monetized the Safe Harbor Marinas sale, raised 2025 Core FFO guidance, and maintained regular quarterly dividends of $1.04 per share. Leadership transitioned to CEO Charles D. Young with inducement equity awards. Most positive earnings and strategic updates, particularly Q2 2025 results and the marina sale proceeds, were followed by positive price reactions, while the more recent Q3 2025 earnings produced a modest decline.

Market Pulse Summary

This announcement should be viewed against Sun Communities’ recent backdrop of strong Q2 and Q3 2025 results, completion of the multi-billion-dollar Safe Harbor Marinas sale, and regular quarterly dividends of $1.04 per share. Filings highlight diverse risks, from refinancing and interest rates to maintaining REIT status and remediating a material weakness in internal controls. Investors may focus on future earnings, capital allocation following the marina sale, and ongoing leadership transition to CEO Charles D. Young.

Key Terms

semiconductor technical

"developer and innovative provider of the highly efficient and broadly patented B-TRAN® bidirectional semiconductor power switch"

Semiconductors are materials and the tiny electronic components made from them that control the flow of electricity inside devices—think of them as the brains and traffic controllers of modern gadgets, cars, and industrial machines. They matter to investors because their production, supply and demand drive revenue, margins and capital spending across whole industries, so shortages or breakthroughs can quickly change company profits and stock prices.

power module technical

"Ideal Power's SymCool® power module uses the same B-TRAN® dies"

A power module is a compact electronic unit that converts and controls electrical energy for a device or system, combining functions such as changing voltage levels, turning power on and off, and preventing overheating. Investors track power modules because they directly affect a product’s efficiency, reliability, size and cost—improvements can raise profit margins and market appeal, while shortages or failures can delay shipments and hurt revenue, like the engine that determines how well a car runs.

solid-state circuit breaker technical

"Both the discrete B-TRAN® product and the SymCool® power module target solid-state circuit breaker and EV contactor applications."

A solid-state circuit breaker is an electronic device that controls and interrupts electrical current using fast-acting semiconductor components instead of moving parts. Like a light switch that can react in microseconds and be precisely controlled, it protects equipment and lines from overloads or faults while lasting longer and needing less maintenance than mechanical breakers. Investors care because the technology can reduce downtime, improve safety, and enable smarter, more efficient power systems—features that can lower operating costs and open new markets for manufacturers and service providers.

EV contactor technical

"Both the discrete B-TRAN® product and the SymCool® power module target solid-state circuit breaker and EV contactor applications."

An EV contactor is a heavy‑duty electrical switch inside an electric vehicle that connects or disconnects the high‑voltage battery from the motor, inverter and charging system. Think of it as a robust, automatic light switch that must close to let power flow and open to cut power for safety; its reliability and response affect vehicle safety, charging behavior and the risk of faults or recalls, so investors watch suppliers and quality closely.

AI-generated analysis. Not financial advice.

AUSTIN, Texas, Sept. 22, 2025 /PRNewswire/ -- Ideal Power Inc. (Nasdaq: IPWR) ("Ideal Power," the "Company," "we," "us" or "our"), developer and innovative provider of the highly efficient and broadly patented B-TRAN® bidirectional semiconductor power switch, today announced a 50% increase in the published power rating of its discrete B-TRAN® product from 50 amps to 75 amps. The updated product datasheet was posted to Ideal Power's website HERE.

"Raising the current rating to 75 amps enables customers to provide higher system power for their products with the same device count or hold system power constant while reducing the required number of devices. This results in improved power density and potentially a smaller footprint for OEM products incorporating B-TRAN®," said Dan Brdar, President and Chief Executive Officer of Ideal Power. "The Company will benefit from a pricing premium associated with a higher rated product while current and prospective customers will share in this benefit due to the reduced part count to meet a given power rating and resultant net cost savings for their OEM products."

The increase in the published power rating of the discrete B-TRAN® product is supported by extensive testing conducted by both the Company and external testing firms. While Ideal Power officially published an increased power rating of 75 amps for the discrete B-TRAN® product, the product still maintains a significant design margin as it has been tested on a long-term, continuous basis at up to 150 amps. The increased power rating is solely the result of the extensive testing conducted to date as no changes were made to the product or packaging to facilitate the higher rating.

Ideal Power's SymCool® power module uses the same B-TRAN® dies as the discrete product and an increase to the SymCool® power rating is scheduled to be announced later this year, with the updated datasheet to be posted to the Company's website at that time. Both the discrete B-TRAN® product and the SymCool® power module target solid-state circuit breaker and EV contactor applications.

About Ideal Power Inc.

Ideal Power (NASDAQ: IPWR) is the developer and innovative provider of its broadly patented bidirectional semiconductor power switch, creating highly efficient and ecofriendly energy control solutions for electric vehicle, electric vehicle charging, renewable energy, energy storage, UPS/data center, solid-state circuit breaker and other industrial and military applications. The Company is focused on its patented Bidirectional, Bipolar Junction Transistor (B-TRAN®) semiconductor technology. B-TRAN® is a unique double-sided bidirectional AC switch that delivers substantial performance improvements over today's conventional power semiconductors. Ideal Power's B-TRAN® can reduce conduction and switching losses, complexity of thermal management and operating cost in AC power switching and control circuitry. For more information, visit the Company's website at www.IdealPower.com, on LinkedIn, on Twitter, and on Facebook.

Safe Harbor Statement

All statements in this release that are not based on historical fact are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995 and the provisions of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. While Ideal Power's management has based any forward-looking statements included in this release on its current expectations, the information on which such expectations were based may change. Such forward-looking statements include, but are not limited to, statements regarding the planned increase in the power rating of our SymCool® power module. These forward-looking statements rely on a number of assumptions concerning future events and are subject to a number of risks, uncertainties and other factors, many of which are outside of our control that could cause actual results to materially differ from such statements. Such risks, uncertainties, and other factors include, but are not limited to, the success of our B-TRAN® technology, including whether the patents for our technology provide adequate protection and whether we can be successful in maintaining, enforcing and defending our patents, our inability to predict with precision or certainty the pace and timing of development and commercialization of our B-TRAN® technology, the rate and degree of market acceptance for our B-TRAN®, the impact of global health pandemics on our business, supply chain disruptions, and the expected performance of future products incorporating our B-TRAN®, and uncertainties set forth in our quarterly, annual and other reports filed with the Securities and Exchange Commission. Furthermore, we operate in a highly competitive and rapidly changing environment where new and unanticipated risks may arise. Accordingly, investors should not place any reliance on forward-looking statements as a prediction of actual results. We disclaim any intention to, and undertake no obligation to, update or revise forward-looking statements, except as required by applicable law.

Ideal Power Investor Relations Contact

Jeff Christensen
Darrow Associates Investor Relations
jchristensen@darrowir.com
703-297-6917

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SOURCE IDEAL POWER INC.

FAQ

What did Ideal Power (IPWR) announce about its B-TRAN product on Sept 22, 2025?

Ideal Power announced the published discrete B-TRAN rating increased from 50A to 75A, with an updated datasheet posted Sept 22, 2025.

How does the 75A rating affect OEMs using IPWR B-TRAN dies?

The 75A rating lets OEMs deliver higher system power with the same device count or keep power constant while reducing device count, improving power density.

Is the new B-TRAN 75A rating supported by testing for IPWR?

Yes; the company reports extensive internal and external testing and says devices were tested long-term at up to 150A.

Will Ideal Power change the B-TRAN product or packaging to achieve 75A?

No; the company stated the increased published rating resulted solely from testing and no product or packaging changes were made.

When will Ideal Power update the SymCool power module rating and datasheet?

The company said an increase to the SymCool power rating is scheduled to be announced later in 2025, with the updated datasheet to be posted then.