Ideal Power Says 'With the ongoing success of our test and evaluation program and the resultant shipment of SymCool Power Modules, we are expecting to start converting large OEMs into design wins and/or additional custom development agreements
Portfolio Pulse from Benzinga Newsdesk
Ideal Power anticipates converting large OEMs into design wins and/or additional custom development agreements due to the success of its test and evaluation program and the shipment of SymCool Power Modules.
February 20, 2024 | 2:20 pm
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Ideal Power expects positive developments in converting large OEMs into design wins and securing additional custom development agreements, driven by the success of its SymCool Power Modules.
The success of Ideal Power's test and evaluation program and the shipment of SymCool Power Modules are likely to enhance its market position and attract large OEMs. This development could lead to increased revenue and partnerships, positively impacting IPWR's stock in the short term.
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