Streetbeat News

IPWR

Ideal Power Inc.

https://www.idealpower.com

Industry

Electrical Equipment & Parts

Ideal Power Inc. focuses on the development and commercialization of its B-TRAN technology. It develops Bi-directional bi-polar junction TRANsistor solid state switch technology. The company was formerly known as Ideal Power Converters Inc. and changed its name to Ideal Power Inc. in July 2013. Ideal Power Inc. was incorporated in 2007 and is headquartered in Austin, Texas.

Open

7.20

Mkt cap

57M

Volume

23K

High

7.45

P/E Ratio

-4.77

52-wk high

13.98

Low

7.20

Div yield

N/A

52-wk low

6.52

Ideal Power Inc. (NASDAQ:IPWR) has received orders from a global Tier 1 automotive supplier, which is a NYSE-listed company. The orders include B-TRAN™ devices and other components for EV applications. This marks a significant addition to Ideal Power's customer base in the EV market.

Portfolio Pulse from Benzinga Newsdesk

October 31, 2024 | 1:23 pm

Ideal Power has announced a distribution agreement with Sekorm Advanced Technology to distribute its products in China. This move is expected to expand Ideal Power's market reach in the Chinese market.

Portfolio Pulse from Benzinga Newsdesk

September 23, 2024 | 1:12 pm

Ideal Power Inc (NASDAQ:IPWR) has partnered with Sekorm Advanced Technology to distribute its products in China, targeting the industrial and automotive markets. This agreement is part of Ideal Power's strategy to expand its global reach through partnerships with distributors like Richardson Electronics and RYOSHO USA.

Portfolio Pulse from Anusuya Lahiri

September 23, 2024 | 1:05 pm

Ideal Power (NASDAQ:IPWR) reported Q2 EPS of $(0.31), an improvement from $(0.37) YoY, but missed sales estimates significantly with $1.33K against the expected $100.00K.

Portfolio Pulse from Benzinga Newsdesk

August 14, 2024 | 1:23 pm

Ideal Power shares are trading higher after the company announced it secured a global distribution deal with RYOSHO USA.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2024 | 3:44 pm

Ideal Power Inc (NASDAQ:IPWR) has entered into a global distribution agreement with RYOSHO USA, a subsidiary of RYODEN CORP. This deal includes orders from a large global customer for Ideal Power's solid-state circuit protection products. The partnership leverages RYOSHO's strong technical sales team and global reach, particularly in Asia. Ideal Power's asset-light business model allows it to focus on B-TRAN technology improvements while minimizing capital requirements. Following the announcement, IPWR stock closed higher by 3.06% at $7.08 on Wednesday.

Portfolio Pulse from Anusuya Lahiri

August 08, 2024 | 1:05 pm

Ideal Power has received orders from RYOSHO for its solid-state circuit protection applications, indicating strong interest from a large global customer.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2024 | 1:05 pm

Ideal Power has announced a global distribution agreement with RYOSHO U.S.A., which is expected to expand its market reach and potentially boost sales.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2024 | 1:05 pm

Ideal Power shares are trading higher following the announcement of a collaboration with a third automaker for advanced EV contractors.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2024 | 4:52 pm

Ideal Power Inc (NASDAQ:IPWR) announced a collaboration with a third global automaker to use B-TRAN-enabled contactors in electric vehicles (EVs). The high-power EV contactor market is expected to grow significantly, and Ideal Power's solid-state contactors offer several advantages over traditional electromechanical contactors, including faster operation, improved safety, and lower costs.

Portfolio Pulse from Anusuya Lahiri

August 07, 2024 | 1:05 pm

All corporate logos and prices are for illustrative purposes only and are not a recommendation, an offer to sell, or a solicitation of an offer to buy any security.