Business
Ideal Power Announces Collaboration with Fourth Global Tier 1 Automotive Supplier
Ideal Power Inc. (Nasdaq: IPWR) ("Ideal Power," the "Company," "we," "us" or "our"), developer and innovative provider of the highly efficient and broadly patented B-TRAN® bidirectional semiconductor power switch, today announced the Company is collaborating with a fourth global Tier 1 automotive supplier that serves several top 10 global automotive OEMs. Ideal Power is engaged with multiple engineering teams of this global Tier 1 automotive supplier on the use of B-TRAN®-enabled contactors as a
About this update from Ideal Power Inc.
[{"type":"text","content":"AUSTIN, Texas, June 24, 2025 /PRNewswire/ -- Ideal Power Inc. (Nasdaq: IPWR) ("Ideal Power," the "Company," "we," "us" or "our"), developer and innovative provider of the highly efficient and broadly patented B-TRAN® bidirectional semiconductor power switch, today announced the Company is collaborating with a fourth global Tier 1 automotive supplier that serves several top 10 global automotive OEMs. Ideal Power is engaged with multiple engineering teams of this global Tier 1 automotive supplier on the use of B-TRAN®-enabled contactors as a potential replacement for electromechanical contactors in electric vehicle (EV) and hybrid EV applications.","length":708,"tagName":"p"},{"type":"text","content":""We are pleased to announce the recent shipment of devices to a fourth Tier 1 automotive supplier. It's exciting to witness the heightened levels of customer engagement and collaboration for solid-state EV contactors. B-TRAN®-enabled solid-state EV contactors are generating strong interest from global automotive OEMs and their Tier 1 suppliers due to the ultra-low conduction losses and inherent bidirectionality of our B-TRAN® technology. This represents another engagement for us with the world's leading automakers and suppliers as we previously announced engagements with three global automakers, including Stellantis, and three other Tier 1 auto suppliers," said Dan Brdar, President and Chief Executive Officer of Ideal Power.","length":752,"tagName":"p","attribs":{}},{"type":"text","content":"A conventional EV contactor is an electromechanical device that disconnects electric vehicle subsystems from the vehicle's battery in the event of a crash or fault or when the vehicle or subsystem is not operational. Contactors are a vital safety feature to control high-current and high-voltage loads to and from the battery. Several contactors, typically 5 to 8, are used in an electric vehicle to disconnect the battery from loads such as the motor drive, heating and cooling systems, and charging systems. Automotive OEMs and their Tier 1 suppliers are looking at solid-state, or semiconductor-based, contactors as a fast acting, safer and more reliable solution for EV contactors with the added benefits of programmability and diagnostic capability.","length":758,"tagName":"p...