Ideal Power secures first design win for B-TRAN-powered solid-state circuit breakers
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Ideal Power Inc (NASDAQ:IPWR) announced its first design win for solid-state circuit breakers (SSCBs) in partnership with a major Asian circuit protection equipment manufacturer. The project involves developing a SSCB product using Ideal Power's B-TRAN devices, with design and testing expected to complete by Q2 2025 and commercial sales starting later that year.
December 16, 2024 | 3:30 pm
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Ideal Power Inc has secured its first design win for solid-state circuit breakers, partnering with a major Asian manufacturer. This marks a significant milestone for the company, with commercial sales expected to begin in 2025.
The partnership with a major Asian manufacturer for SSCBs is a significant milestone for Ideal Power, indicating potential future revenue streams. The news is likely to positively impact the stock price in the short term as it demonstrates progress and potential market expansion.
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