Business
Ideal Power Secures Order from a Fifth 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 received an order from a global Tier 1 automotive supplier that provides power train, safety and other power electronic systems to several Top 10 global automotive OEMs. The order is for numerous packaged B-TRAN® devices, SymCool® power modules, solid-state
About this update from Ideal Power Inc.
[{"type":"text","content":"AUSTIN, Texas, June 26, 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 received an order from a global Tier 1 automotive supplier that provides power train, safety and other power electronic systems to several Top 10 global automotive OEMs. The order is for numerous packaged B-TRAN® devices, SymCool® power modules, solid-state circuit breaker reference design boards and drivers that the Tier 1 will evaluate for an innovative solid-state electric vehicle ("EV") contactor design implementation. In connection with this engagement, the Tier 1 automotive supplier requested and was provided with budgetary quoting for millions of SymCool® power modules as part of their product planning.","length":979,"tagName":"p"},{"type":"text","content":""This order is a significant milestone in the commercialization of our B-TRAN® technology as it shows continued momentum with large, prospective customers for EV contactor applications. The benefits that B-TRAN® brings to solid-state EV contactors are similar to the benefits it brings to solid-state circuit breakers - very low conduction losses and bidirectionality. We are now engaged with three global automakers, including Stellantis, and five global Tier 1 auto suppliers. Our growing number of engagements with global automakers and their Tier 1 suppliers is indicative of the ongoing transition from legacy electromechanical contactors to solid-state circuit protection solutions and the benefits of B-TRAN® compared to other semiconductor technologies for these applications," said Dan Brdar, President and Chief Executive Officer of Ideal Power.","length":870,"tagName":"p","attribs":{}},{"type":"text","content":"An EV contactor disconnects electric vehicle subsystems from the vehicle's battery during events such as crashes and faults, and when the vehicle or subsystem is being serviced or otherwise not operational. Contactors are essential for safety, controlling high-current and high-voltage loads to and from the battery. Several contactors, typically 5 to 8, are employed in an electric vehicle t...