Announcing the successful qualification of our second high-volume wafer fabrication supplier. 📢 This milestone ensures dual sourcing for wafer fabrication, significantly boosting our production capacity to meet growing customer demand over the next few years. This European fab, alongside our supplier in Asia, enhances our supply chain resilience and aligns with our commitment to delivering high-quality, efficient B-TRAN™ semiconductor products. Read more about this key development and its impact: https://lnkd.in/e7Qv_mMZ #Semiconductors #Manufacturing #Sustainability
Ideal Power Inc.
Semiconductors
Austin, Texas 2,612 followers
Empowering the Future of Energy
About us
Ideal Power (NASDAQ: IPWR) is pioneering the development of its broadly patented bidirectional power switches, 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 able to deliver substantial performance improvements over today's conventional power semiconductors. Ideal Power believes B-TRAN™ modules will reduce conduction and switching losses, complexity of thermal management and operating cost in medium voltage AC power switching and control circuitry.
- Website
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http://www.idealpower.com
External link for Ideal Power Inc.
- Industry
- Semiconductors
- Company size
- 2-10 employees
- Headquarters
- Austin, Texas
- Type
- Public Company
- Founded
- 2007
- Specialties
- energy storage, microgrids, V2G, power semiconductors, B-TRAN, power switches, bi-directional power switches, electric vehicles, electric vehicle charging, and solar + storage
Locations
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Primary
5508 Highway 290 W
Suite 120
Austin, Texas 78735, US
Employees at Ideal Power Inc.
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Drue Freeman
Independent Board Director, Consultant, Advisor & Investor, Experienced Global Automotive Semiconductor Executive
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Greg Knight
Successful & Strategic B2B Manufacturing CEO with Public and Private Company Board Membership | Portfolio Company M&A and Divestiture | Alternative…
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Tim Burns
Chief Financial Officer at Ideal Power
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David Eisenhaure
Executive Chairman and CEO at TEK-Energy Systems Inc.
Updates
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Our Vice President of Business Development, Jeff Knapp, highlights the urgent need to modernize the U.S. electric grid in his recent article on Manufacturing.net. With over 70% of the grid over 25 years old, it faces increased vulnerability to outages. Traditional circuit breakers are too slow and inefficient, particularly with the fluctuating nature of renewable energy. This is where Solid-state circuit breakers (SSCBs) come in, offering faster response times and greater efficiency, making the upgrade essential for a reliable and resilient grid capable of supporting greater renewable energy demands. Discover more about the importance of SSCBs in maintaining optimal grid resilience, as well as their role in the energy transition by reading the full article here: https://lnkd.in/eztCeMVh #SSCBs #RenewableEnergy #Semiconductors #GridUpgrade #EnergyEfficiency
Why Upgrading to Solid-State Circuit Breakers in the U.S. Electric Grid Is Critical for the Energy Transition
manufacturing.net
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Stellantis CEO Carlos Tavares announced plans to bring a $25,000 all-electric Jeep to the U.S. market very soon, aiming to make EVs more accessible to mainstream consumers. This move comes as the demand for affordable EVs grows, especially with the increasing presence of Chinese automakers like BYD and NIO expanding their sales globally. Currently, Stellantis offers an all-electric version of its Avenger SUV in Europe, starting at around €35,000. The introduction of a more affordable EV in the U.S. is a strategic effort to boost EV adoption rates, which have been slower than expected. Read more about this development here: https://lnkd.in/gi-k2kkU #ElectricVehicles #Sustainability #EVAdoption
Stellantis CEO says $25,000 Jeep EV coming to the U.S. 'very soon'
cnbc.com
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Microsoft has partnered with Brookfield Asset Management to invest over $10 billion in renewable energy capacity to power the growing demand for artificial intelligence and data centers. This groundbreaking deal is described as the largest of its kind. Under the agreement, Brookfield will deliver 10.5 gigawatts of renewable energy to Microsoft between 2026 and 2030, focusing on wind, solar, and new carbon-free technologies in the U.S. and Europe. Read the full story here: https://lnkd.in/gTVPtpaU #RenewableEnergy #Sustainability #Innovation #TechNews
Microsoft signs deal to invest more than $10 billion on renewable energy capacity to power data centers
cnbc.com
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Daniel Brdar, our President and CEO, recently sat down with Eric Dye to discuss our game-changing B-TRAN™ technology and its impact on the electric vehicle market. Discover how B-TRAN™ enhances efficiency and reduces reliance on high-cost materials, and hear about our exciting collaboration with Stellantis. Tune into Enterprise Radio network for the full interview: https://lnkd.in/eHSTTS6m #ElectricVehicles #Partneships #Innovation #Invest
Shifting Gears: How Ideal Power's B-TRAN Technology Is Revolutionizing Electric Vehicles - Top Entrepreneurs Podcast | Enterprise Podcast Network
https://epodcastnetwork.com
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We’re proud to be highlighted in Proactive’s latest article, showcasing our innovative contributions to the future of electrification. Learn how our groundbreaking B-TRAN™ semiconductor technology is revolutionizing the EV market by driving efficiency and reducing costs, while also making power systems safer and more efficient across various industries. Don't miss out on the full story—read it here: https://lnkd.in/g7hs9mik #Semiconductors #CleanEnergy #Electrification #TechNews
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We’ve just released our Q1 FY24 results and things are looking up! With promising growth in the solid-state circuit breaker market and innovative strides in our B-TRAN™ tech, we’re addressing key needs in circuit protection, renewables, and EVs. Curious about the details? Check out the full report on Benzinga: https://lnkd.in/eU89dNNA #Semiconductors #RenewableEnergy #EVs #EarningsReport
Ideal Power Reports Q1 Earnings, CEO Expects Solid-State Circuit Breaker Market To Grow Revenue - Ideal Power (NASDAQ:IPWR)
benzinga.com
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Our CEO, Daniel Brdar, joins Proactive's Steve Darling for a great conversation about Ideal Power’s latest advancements in power semiconductors. 𝐇𝐞𝐫𝐞 𝐚𝐫𝐞 𝐬𝐨𝐦𝐞 𝐤𝐞𝐲 𝐚𝐩𝐩𝐥𝐢𝐜𝐚𝐭𝐢𝐨𝐧 𝐛𝐞𝐧𝐞𝐟𝐢𝐭𝐬 𝐨𝐟 𝐁-𝐓𝐑𝐀𝐍™: 🚗 Enhanced EV Range ⚡ Sustainable Energy Solutions 💰 Cost-Effective Energy Management Our test and evaluation program and other engagements have led to initial orders from prominent companies. One such partnership had been with Stellantis to develop a custom drivetrain inverter for their next-generation EV platform, driving further advancements in the automotive industry. For more on Ideal Power: https://lnkd.in/eZmNhq55 #Semiconductors #ElectricVehicles #Sustainability #RenewableEnergy
Ideal Power Advances with New Semiconductor Technology and Strategic Partnerships
proactiveinvestors.com
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It was a busy quarter, and we’re eager to share the highlights! We recently reported our first quarter results for 2024, showcasing significant progress in the commercialization of our innovative B-TRAN™ bidirectional semiconductor power switch. A specific highlight to note is our commercial momentum, with the commencement of SymCool™ power module shipments to fulfill customer orders in Q1. We've also successfully completed all Phase II deliverables with Stellantis and welcomed our first distributor, Richardson Electronics, Ltd. Find the details in our Press Release: https://lnkd.in/eymRT-xN #PowerManagement #Semiconductors #PressRelease #Invest
Ideal Power Reports First Quarter 2024 Financial Results
ir.idealpower.com
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We've been featured in a recent InvestorPlace article discussing the surge in renewable energy stocks amidst increasing electricity demand. Our President & CEO, Daniel Brdar, underscores the significance of this trend, emphasizing the pivotal role of rising U.S. electricity demand in driving opportunities for renewable energy companies. We’re proud to stand at the forefront, providing bidirectional switches essential for charging and discharging energy storage batteries in solar and wind projects. Read about our sustainable solutions here: https://lnkd.in/g_57u77W #RenewableEnergy #EnergyStorage #SolarEnergy #WindPower
Renewable Risers: 3 Stocks Set to Soar Amid the Electricity Demand Surge
https://investorplace.com