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

6.01

Mkt cap

48M

Volume

75K

High

6.12

P/E Ratio

-4.31

52-wk high

13.98

Low

5.61

Div yield

N/A

52-wk low

5.61

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

Ideal Power is collaborating with a global automaker to potentially replace electromechanical contactors in electric vehicles with B-TRAN enabled contactors.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2024 | 1:05 pm

Ideal Power has announced a collaboration with a third global automaker, as reported by Benzinga.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2024 | 1:05 pm

CORRECTION: iPower Ticker Is 'IPW'. The article clarifies that the correct ticker symbol for iPower is 'IPW'.

Portfolio Pulse from Benzinga Newsdesk

June 06, 2024 | 8:32 pm

iPower has announced the integration of Amazon Logistics Services into its SuperSuite platform, aiming to enhance its logistics and delivery capabilities.

Portfolio Pulse from Benzinga Newsdesk

June 06, 2024 | 8:31 pm

Ideal Power (NASDAQ:IPWR) reported Q1 EPS of $(0.39), beating the $(0.41) estimate, but missed sales estimates with $78.74K, a significant drop from last year's $664K.

Portfolio Pulse from Benzinga Newsdesk

May 15, 2024 | 1:20 pm

Ideal Power Inc (NASDAQ: IPWR) reported Q1 FY24 earnings with commercial revenue of $78,739 and a net loss of $2.5 million. The company raised $15.7 million through a public equity offering and held $20.2 million in cash as of March 31, 2024. CEO Dan Brdar expects the solid-state circuit breaker market to drive future revenue growth. Ideal Power completed Phase II of a product development program with Stellantis NV (NYSE: STLA) and added Richardson Electronics as a distributor.

Portfolio Pulse from Shivani Kumaresan

May 15, 2024 | 1:20 pm

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