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Ideal Power gains traction with order from fifth global Tier 1 automotive supplier
Ideal Power Inc (NASDAQ:IPWR) CEO Daniel Brdar talked with Proactive’s Stephen Gunnion about the company’s expanding traction in the electric vehicle (EV) market, highlighting a new engagement with a fifth tier 1 automotive supplier. This development marks a continued build-up of commercial momentum as the company also collaborates with three auto original equipment manufacturers (OEMs).
Ideal Power accelerates SSCB development and secures new strategic partnerships in Q1 2025
Ideal Power CEO Daniel Brdar joined Steve Darling from Proactive to provide a comprehensive update on the company’s progress during the first quarter of 2025, highlighting significant advancements in both product development and customer traction.
Published: Feb 2025 | Play Time: 5:15
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Company Overview
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.
Investor Contact Information
Company
Ideal Power Inc.
5508 Highway 290 West
Suite 120
Austin, TX 78735
T: (512) 264-1542
info@idealpower.com
Investor Relations
Darrow Associates
Jeff Christensen, CPA/Jordan Darrow
jchristensen@darrowir.com
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