AUSTIN, Texas, Aug. 14, 2024 /PRNewswire/ -- Ideal Power Inc. (Nasdaq: IPWR) ("Ideal Power," the "Company," "we," "us" or "our"), pioneering the development and commercialization of the highly efficient and broadly patented B-TRAN™ bidirectional semiconductor power switch, reports results for its second quarter ended June 30, 2024. "Our B-TRAN™ commercial progress continued with several significant developments over the last three months. We are now collaborating with a third global automaker and achieved t ...

About this content About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, The ...

About this content About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, The ...

AUSTIN, Texas, Aug. 7, 2024 /PRNewswire/ -- Ideal Power Inc. (Nasdaq: IPWR) ("Ideal Power," the "Company," "we," "us" or "our"), pioneering the development and commercialization of the highly efficient and broadly patented B-TRAN™ bidirectional semiconductor power switch, today announces the Company is collaborating with a third global automaker. This global automaker is working closely and meeting regularly with Ideal Power engineers on the use of B-TRAN™-enabled contactors to potentially replace electrome ...

AUSTIN, Texas, July 31, 2024 /PRNewswire/ -- Ideal Power Inc. (Nasdaq: IPWR) ("Ideal Power," the "Company," "we," "us" or "our"), pioneering the development and commercialization of the highly efficient and broadly patented B-TRAN™ bidirectional semiconductor power switch, today announces that management will hold a conference call on Wednesday, August 14, 2024 at 10:00 AM Eastern Time to discuss its results for the second quarter ended June 30, 2024. A press release detailing these results will be issued p ...

About this content About Angela Harmantas Angela Harmantas is an Editor at Proactive. She has over 15 years of experience covering the equity markets in North America, with a particular focus on junior resource stocks. Angela has reported from numerous countries around the world, including Canada, the US, Australia, Brazil, Ghana, and South Africa for leading trade publications. Previously, she worked in investor relations and led the foreign direct investment program in Canada for the Swedish government ...

Companies are accelerating their shift towards electrification with a comprehensive strategy aimed at industrial and automotive applications. Take Stellantis, for instance, the owner of iconic brands like Dodge, Fiat and Jeep. The company has ambitious milestones, including transitioning 100% of European sales and 50% of US sales to electric vehicles (EVs) by the end of the decade. By 2030, they plan to offer over 75 EV models and achieve global annual EV sales of five million units. Its efforts prioritize ...

财务数据和关键指标变化 - 公司在第一季度录得7.9万美元的商业收入 [51] - 运营费用为250万美元,较2023年同期的260万美元有所下降 [51] - 净亏损为250万美元,与2023年同期持平 [51] - 第一季度的现金消耗为190万美元,低于公司指引的230万至240万美元 [52] - 公司预计第二季度现金消耗约220万至240万美元,全年现金消耗800万至850万美元,扣除到期重金价值的100万美元收益 [53] - 截至3月31日,公司现金及等价物为2.02亿美元,无债务,资本结构清晰 [54] 各条业务线数据和关键指标变化 - 公司的SymCool电源模块已开始向客户交付,预计将成为公司销售增长的最早来源 [13] - 公司已与全球电子分销商Richardson Electronics建立合作关系,Richardson Electronics已向公司下达多笔来自大型全球客户的订单 [29][30] - 公司已成功完成与Stellantis的第二阶段开发计划,比预期提前完成 [35][36] - 公司已将一家全球领先的电路保护、工业保险丝和电力转换技术公司纳入B-TRAN测试和评估计划 [27] 各个市场数据和关键指标变化 - 根据Mordor Intelligence的研究,公司的可服务市场预计将在未来5年内翻一番,复合年增长率达16%,从2023年的36亿美元增长到2028年的76亿美元 [10] - 公司的B-TRAN技术可以为电动汽车提供7%-10%的续航里程提升,同时相比碳化硅器件提供显著的成本优势 [33] - 公司正在为汽车行业的认证测试做准备,这将使B-TRAN成为下一代电动车动力系统的核心 [39][40] 公司战略和发展方向及行业竞争 - 公司的B-TRAN技术可广泛应用于工业、电网、电动车等领域,具有降低成本和提高效率的优势 [9][11] - 公司正在加强与分销商的合作,以扩大销售渠道覆盖 [29][30][31][32] - 公司正在建立第二家高容量晶圆制造合作伙伴,以支持未来的销售和产能扩张 [43][44][45] - 公司拥有86项已授权的B-TRAN专利,并正在不断扩大专利组合 [47] 管理层对经营环境和未来前景的评论 - 电网基础设施升级、电动车和充电桩的普及,以及政策支持,为公司的固态断路器和电路保护产品带来了巨大需求 [17][18][19][20][21] - 公司正在积极推进与大型客户的合作,将测试和评估项目转化为设计合作和订单 [25][26][48] - 公司预计2024年的商业收入将较为温和,因为客户正在进行产品规划和设计周期 [29] - 公司有信心在2024年完成既定的商业化里程碑 [48][49] 问答环节重要的提问和回答 问题1 **提问内容** Stellantis项目的进展如何帮助公司与其他OEM的合作? [58] **回答内容** 公司在Stellantis项目中获得的测试数据和经验,可以直接应用于与其他Tier 1供应商和OEM的合作,有助于展现公司对汽车行业要求的理解,增加客户的信心 [59] 问题2 **提问内容** 公司对SymCool产品的客户反馈如何? [60] **回答内容** 公司正在与两家S&P 500公司积极互动,其中一家已下订单,但目前还为时尚早,公司预计未来12个月内将转化为设计合作和订单 [61] 问题3 **提问内容** 公司未来1-2年最看好哪些领域? [62] **回答内容** 公司看好电路保护领域的短期机会,以及汽车行业的长期机会,正在平衡并积极推进这两个领域 [63]

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ______________ to _______________ Commission File Number 001-36216 IDEAL POWER INC. (Exact name of registrant as specified in its charter) D ...

Exhibit 99.1 Ideal Power Reports First Quarter 2024 Financial Results AUSTIN, TX – May 15, 2024 -- Ideal Power Inc. (“Ideal Power,” the “Company,” “we,” “us” or “our”) (Nasdaq: IPWR), pioneering the development and commercialization of the highly efficient and broadly patented B-TRAN™ bidirectional semiconductor power switch, reports results for its first quarter ended March 31, 2024. “Commercial momentum continues as we commenced shipments of SymCool™ power modules to fulfill customer orders in the first q ...