Ideal Power Receives Order From Global Tier 1 Automotive Supplier For B-TRAN Devices

Author: Benzinga Newsdesk | June 26, 2025 09:22am

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.

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