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Ideal Power advances B-TRAN tech with new found...

Ideal Power reported Q2 progress on its B-TRAN semiconductor switch technology, highlighted by a long-term supply agreement with an Asian wafer foundry and continued prototype work tied to Nvidia’s 800V DC data center power architecture. The company also completed solid-state circuit breaker prototypes for testing, shipped custom samples to Stellantis for EV applications, and launched a new 800V circuit breaker design kit. While the quarter still showed a $3.4 million net loss, the funding raise of $27.7 million and 105 issued patents suggest improved execution and potential commercialization momentum across data center, automotive, and grid markets. The news is constructive for the stock, as it signals advancing product development and a stronger manufacturing path.

Category

NVIDIA

Sentiment

Bullish

Event

Partnership

Reading time

1 min