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 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

CORRECTION: iPower Ticker Is 'IPW'.

Portfolio Pulse from Benzinga Newsdesk

May 15, 2024 | 11:28 am

iPower shares are trading higher after the company reported better-than-expected Q3 financial results.

Portfolio Pulse from Benzinga Newsdesk

May 15, 2024 | 11:10 am

Ideal Power Inc. (NASDAQ:IPWR) has entered into an agreement with a global leader in circuit protection, industrial fuses, and power conversion electronics to test and evaluate its B-TRAN bidirectional semiconductor power switch. This collaboration aims to explore B-TRAN's application in various industrial markets such as renewable energy, energy storage, rail/transportation, and electric vehicle (EV) power management. The partnership could lead to design wins or a customer development agreement, leveraging B-TRAN's advantages in efficiency and system cost reduction.

Portfolio Pulse from Benzinga Newsdesk

May 07, 2024 | 1:28 pm

Ideal Power Inc. (IPWR) received an order for SymCool power modules from a Forbes Global 500 power management market leader, part of its B-TRAN test and evaluation program. The modules, offering lower conduction losses and improved efficiency over IGBTs, are being evaluated for use in solid-state circuit breaker products for industrial markets. Ideal Power expects sales to ramp up in the second half of 2024 and has provided high-volume quotes for these modules.

Portfolio Pulse from Benzinga Newsdesk

April 30, 2024 | 1:29 pm

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