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Stock impact report

Ideal Power Successfully Completes Qualification of Its Second High-Volume Wafer Fabrication Supplier [Yahoo! Finance]

Ideal Power Inc. (IPWR) 
Last ideal power inc. earnings: 5/1 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.idealpower.com
Company Research Source: Yahoo! Finance
and commercialization of the highly efficient and broadly patented B-TRAN™ bidirectional semiconductor power switch, today announces the successful completion of its qualification of the Company's second wafer fabrication supplier with high-volume production capability. This facility in Europe adds dual sourcing for wafer fabrication and will support future revenue growth, providing ample capacity to support anticipated customer demand over at least the next two to three years. "We are delighted to announce this key milestone of qualifying a second high-volume wafer foundry to provide wafer fabrication for our products. This fab successfully completed a multi-wafer full process flow engineering run of double-sided B-TRAN™ wafers. By leveraging our proprietary and proven process flow, this foundry was able to produce functional, bidirectional devices on their initial run without the need for special equipment or capital investment," said Dan Brdar, President and Chief Executive Offic Show less Read more
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