Ideal Power IncSales funnel exceeds $400 million with growing demand for B-TRAN in AI data centers, energy, and automotive.
Ideal Power Inc is seeing growing momentum around its B-TRAN semiconductor technology as demand rises for solid-state circuit protection across AI data centers, energy infrastructure, and automotive applications. With its sales funnel now exceeding $400 million, the company is advancing prototypes while positioning itself for the shift toward high-voltage DC infrastructure. CEO David Somo highlighted progress with its lead Asian customer for a low-current solid-state circuit breaker, with first prototypes shipping in the next couple of weeks for internal testing and evaluation. The company also continues to work with Stellantis, which received a second shipment of B-TRAN samples, and is co-developing an intelligent solid-state circuit breaker prototype for a planned evaluation by a US hyperscaler. Ideal Power strengthened its balance sheet with $27.7 million in net proceeds from an offering during the quarter and ended June with $41.3 million in cash.
Ideal Power IncSales funnel exceeds $400 million with growing demand for B-TRAN in AI data centers, energy, and automotive.
Stellantis NVStellantis received a second shipment of B-TRAN samples and is co-developing a solid-state circuit breaker.
NVIDIA Corporation