EXCLUSIVE: Ideal Power Bags First Design Win for Solid-State Circuit Breakers [Yahoo! Finance]
Ideal Power Inc. (IPWR)
Last ideal power inc. earnings: 5/1 04:01 pm
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Source: Yahoo! Finance
On Monday, Ideal Power Inc (NASDAQ: IPWR ) announced that it had secured its first design win for solid-state circuit breakers (SSCBs) with one of the largest circuit protection equipment manufacturers in Asia, serving the industrial and utility markets. In connection with this design win, the company entered a joint development agreement for an SSCB product incorporating multiple B-TRAN devices. The agreement includes the product design, prototype builds and testing of the SSCB which is targeted for completion in the second quarter of 2025 to be followed by commercial sales later in the year. The financial terms were not disclosed. Also Read: Broadcom's AI Chip Leadership Puts Pressure on Nvidia and Marvell, Analysts Say According to the company, the opportunity from this customer's first B-TRAN-based product could translate to several hundred thousand dollars in the first year of sales, with the opportunity to exceed a million dollars in revenue in the second year. Ideal
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News
- Ideal Power Secures First Design Win for Solid-State Circuit Breakers [Yahoo! Finance]Yahoo! Finance
- Ideal Power Secures First Design Win for Solid-State Circuit BreakersPR Newswire
- Ideal Power to Participate in iAccess Alpha Buyside Best Ideas Winter Investor Conference on December 10 to 11, 2024PR Newswire
- EXCLUSIVE: Ideal Power Secures Multi-Unit Order For SymCool IQ Intelligent Power Modules [Yahoo! Finance]Yahoo! Finance
- Ideal Power Secures Order for SymCool® IQ Intelligent Power Modules [Yahoo! Finance]Yahoo! Finance
IPWR
Sec Filings
- 12/17/24 - Form 4
- 12/17/24 - Form 4
- 11/21/24 - Form 4
- IPWR's page on the SEC website