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InvestorNewsBreaks - Ideal Power Inc. (NASDAQ: IPWR) Prices $14M Public Offering and Private Placement to Advance B-TRAN(R) Commercialization
To view the full press release, visit https://ibn.fm/Kawzp
About Ideal Power Inc.
Ideal Power (NASDAQ: IPWR) is the developer and provider of its innovative and widely patented B-TRAN(R) bidirectional semiconductor power switch. B-TRAN(R) offers compelling advantages over conventional technologies and addresses the demanding standards of today's solid-state circuit protection and intelligent power delivery systems. It features very low conduction losses that deliver improved power efficiency, thereby reducing energy consumption and providing cost savings. The unique bidirectional capability of B-TRAN(R) simplifies the design, control and diagnostics of solid-state power solutions while enabling smaller, lower cost systems. B-TRAN(R) delivers compelling advantages for a broad spectrum of applications including solid-state circuit breakers, static transfer switches, battery disconnect units and EV contactors that are widely used in data centers, industrial power systems, energy grid and storage systems, and electric vehicles and charging infrastructure.
To learn more, visit https://idealpower.com/
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