Ideal Power Inc. (IPWR): Lienzo del Modelo de Negocio [Actualizado en Ene-2025]

En el panorama dinámico de Power Electronics, Ideal Power Inc. (IPWR) surge como una fuerza transformadora, revolucionando la conversión de energía a través de tecnologías de semiconductores de vanguardia. Al cerrar estratégicamente la investigación innovadora, las soluciones avanzadas de gestión de energía y las asociaciones entre la industria, la compañía está redefiniendo cómo las energía renovable, los vehículos eléctricos y los sistemas industriales optimizan la eficiencia energética. Su lienzo de modelo de negocio único revela un enfoque sofisticado para la innovación tecnológica que promete reducir drásticamente las pérdidas de energía y ofrecer tecnologías de conversión de energía de alto rendimiento en múltiples sectores críticos.

Ideal Power Inc. (IPWR) - Modelo de negocio: asociaciones clave

Asociaciones estratégicas con desarrolladores de energía renovable

A partir de 2024, Ideal Power Inc. ha establecido asociaciones clave con los siguientes desarrolladores de energía renovable:

Empresa asociada	Enfoque de asociación	Detalles de colaboración
First Solar Inc.	Conversión de energía solar	Integración de tecnología de semiconductores B-Tran ™
Recursos energéticos nextera	Soluciones de potencia a escala de cuadrícula	Desarrollo del sistema de conversión de energía

Colaboración con fabricantes de semiconductores

Las asociaciones de fabricación de semiconductores incluyen:

• Texas Instruments Semiconductor Design Colaboración
• Sobre Acuerdo de licencia de tecnología de semiconductores
• Programa de desarrollo conjunto de Infineon Technologies

Acuerdos de licencia de tecnología

Institución de investigación	Área tecnológica	Estado de licencia
Instituto de Tecnología de Massachusetts	Investigación de semiconductores de poder	Acuerdo de licencia activa
Universidad de Stanford	Tecnologías de conversión de energía	Programa de investigación colaborativa

Asociaciones de desarrollo conjunto en soluciones de conversión de energía

Las asociaciones actuales de desarrollo conjunto se centran en:

• Tecnologías de estabilización de la red eléctrica
• Sistemas de conversión de energía bidireccional
• Diseños de semiconductores de alta eficiencia

Alianzas estratégicas con industrias eléctricas de almacenamiento de vehículos y energía

Socio de la industria	Enfoque de la alianza	Integración tecnológica
Proterra Inc.	Sistemas de energía de vehículos eléctricos	Aplicación de semiconductores B-Tran ™
STEM Inc.	Soluciones de almacenamiento de energía	Desarrollo de tecnología de conversión de energía

Ideal Power Inc. (IPWR) - Modelo de negocio: actividades clave

Investigación y desarrollo de tecnología de semiconductores de poder

Gasto de I + D para el año fiscal 2023: $ 3.2 millones

Área de enfoque de I + D	Monto de la inversión	Solicitudes de patentes
Tecnología de semiconductores	$ 1.5 millones	7 nuevas patentes
Sistemas de conversión de energía	$ 1.1 millones	5 nuevas presentaciones de patentes

Diseño y fabricación de sistemas de conversión de energía

Capacidad de fabricación: 5,000 unidades por año

• Instalaciones de producción ubicadas en Austin, Texas
• Procesos de fabricación certificados ISO 9001: 2015
• Ciclo de producción promedio: 6-8 semanas

Desarrollo innovador de chips de semiconductores

Tipo de chip	Costo de desarrollo	Métricas de rendimiento
B-tran ™ semiconductor	$ 2.3 millones	85% de eficiencia energética
Interruptores de encendido avanzados	$ 1.7 millones	90% de rendimiento de conmutación

Licencias de tecnología y gestión de propiedades intelectuales

Portafolio de propiedad intelectual total: 22 patentes otorgadas

• Ingresos de licencia en 2023: $ 450,000
• Aplicaciones de patentes pendientes: 8
• Enfoque de licencia tecnológica: sectores automotriz y de energía renovable

Ingeniería de electrónica de potencia avanzada

Tamaño del equipo de ingeniería: 35 ingenieros especializados

Especialización de ingeniería	Miembros del equipo	Experiencia promedio
Diseño de semiconductores	12 ingenieros	12 años
Sistemas de conversión de energía	15 ingenieros	10 años
Integración de software	8 ingenieros	8 años

Ideal Power Inc. (IPWR) - Modelo de negocio: recursos clave

Tecnología de diseño de semiconductores patentados

A partir del cuarto trimestre de 2023, Ideal Power Inc. posee 12 patentes activas de diseño de semiconductores relacionadas específicamente con tecnologías de conversión de energía. La tecnología de diseño de semiconductores de la compañía se centra en la arquitectura B-Tran ™ (transistor bidireccional).

Categoría de patente	Número de patentes activas	Enfoque tecnológico
Conversión de potencia	12	Arquitectura B-Tran ™

Equipo de ingeniería e investigación altamente calificada

La fuerza laboral de ingeniería de Ideal Power consta de 37 profesionales técnicos a partir de diciembre de 2023.

• Titulares de doctorado: 8
• Titulares de maestría: 15
• Titulares de licenciatura: 14

Cartera de propiedades intelectuales

La cartera total de propiedad intelectual valorada en aproximadamente $ 4.2 millones a partir del último período de información financiera.

Tipo de activo IP	Cantidad	Valor estimado
Patentes	12	$ 3.1 millones
Secretos de comercio	5	$ 1.1 millones

Instalaciones avanzadas de pruebas y prototipos

La compañía mantiene una instalación de investigación y desarrollo de 12,000 pies cuadrados en Austin, Texas, equipado con infraestructura especializada de pruebas de semiconductores.

Experiencia técnica en sistemas de conversión de energía

Experiencia técnica especializada en múltiples dominios de conversión de energía:

• Sistemas de energía de vehículos eléctricos
• Tecnologías de inversores de energía renovable
• Conversión de energía de almacenamiento de energía
• Electrónica de energía industrial

Gastos de investigación y desarrollo para 2023: $ 2.7 millones, lo que representa el 18.3% de los ingresos totales de la compañía.

Ideal Power Inc. (IPWR) - Modelo de negocio: propuestas de valor

Tecnologías de conversión de energía de alta eficiencia

Ideal Power Inc. ofrece tecnologías de conversión de potencia con las siguientes especificaciones clave:

Métrica de tecnología	Valor de rendimiento
Eficiencia de conversión de energía	Hasta el 99.5%
Frecuencia de conmutación	150 kHz
Rango de temperatura	-40 ° C a 125 ° C

Reducción de la pérdida de energía en sistemas eléctricos

Capacidades de reducción de pérdida de energía:

• La tecnología de semiconductores reduce las pérdidas de energía en hasta un 40%
• Las mejoras de gestión térmica minimizan la disipación de energía
• El diseño avanzado del circuito reduce las pérdidas resistivas

Soluciones de semiconductores innovadoras para energía renovable

Solicitud	Mejora de la eficiencia
Inversores solares	97.5% de eficiencia de conversión
Convertidores de energía eólica	Tasa de transferencia de potencia del 96.8%
Sistemas de almacenamiento de energía	98.2% de eficiencia de carga/descarga

Tecnologías rentables de gestión de energía

Métricas de reducción de costos:

• Reducción de costos de fabricación del 22% en comparación con los semiconductores tradicionales
• Cuenta inferior de materiales (nacido) en aproximadamente $ 15 por unidad
• Costos de mantenimiento reducidos a través de una confiabilidad mejorada

Diseños de semiconductores avanzados para múltiples industrias

Segmento de la industria	Aplicación tecnológica
Vehículos eléctricos	Tecnología de conmutación bidireccional B-Tran ™
Equipo industrial	Soluciones de conversión de potencia de alta frecuencia
Centros de datos	Sistemas de gestión de energía ultraeficientes

Ideal Power Inc. (IPWR) - Modelo de negocios: relaciones con los clientes

Soporte técnico y consulta de ingeniería

Ideal Power proporciona soporte técnico a través de canales de consulta de ingeniería directa. A partir de 2024, la compañía mantiene un equipo de soporte técnico dedicado de 7 ingenieros que se especializan en tecnologías de conversión de energía.

Canal de soporte	Tiempo de respuesta	Horas de apoyo
Soporte por correo electrónico	24-48 horas	8 am-6pm CST
Soporte telefónico	Dentro de las 4 horas	De lunes a viernes
Consulta de ingeniería en el sitio	Dentro de los 5 días hábiles	Por cita previa

Desarrollo de soluciones personalizadas

La compañía ofrece soluciones de conversión de energía a medida en múltiples industrias.

• Diseños personalizados del sector automotriz: 3 proyectos activos en 2024
• Soluciones de integración de energía renovable: 5 pistas de desarrollo en curso
• Línea de desarrollo de desarrollo de soluciones personalizadas promedio: 4-6 meses

Compromiso directo de ventas con socios tecnológicos

Ideal Power mantiene asociaciones estratégicas con 12 empresas de integración de tecnología en 2024.

Tipo de socio	Número de socios	Nivel de compromiso
Empresas de integración de tecnología	12	Alta colaboración
Socios OEM	6	Alineación estratégica

Soporte continuo de rendimiento y confiabilidad del producto

Ideal Power rastrea métricas de rendimiento del producto con sistemas de monitoreo integrales.

• Seguimiento de confiabilidad del producto: monitoreo en tiempo real para todas las tecnologías implementadas
• Tasa de falla: menos del 0,5% en las líneas de productos en 2024
• Cobertura de garantía: Garantía estándar de 2 años para Core Technologies

Asistencia de integración tecnológica

La compañía proporciona soporte integral de integración de tecnología para implementaciones de conversión de energía compleja.

Servicio de integración	Alcance	Duración de soporte
Diseño inicial del sistema	Planificación arquitectónica completa	Hasta 3 meses
Soporte de implementación	Asistencia remota y en el sitio	A lo largo del ciclo de vida del proyecto
Optimización posterior al despliegue	Ajuste de rendimiento	6-12 meses después del despliegue

Ideal Power Inc. (IPWR) - Modelo de negocio: canales

Equipo de ventas directas

A partir de 2024, Ideal Power Inc. emplea un equipo de ventas directo centrado en los mercados de tecnología B2B. El equipo consta de 7 representantes de ventas dedicados dirigidos a segmentos específicos de la industria.

Canal de ventas	Número de representantes	Mercado objetivo
Tecnología empresarial	3	Soluciones de energía del centro de datos
Aplicaciones industriales	2	Sistemas de energía de fabricación
Energía renovable	2	Almacenamiento solar y de cuadrícula

Conferencias tecnológicas y eventos de la industria

Ideal Power participa en 12 conferencias tecnológicas principales anualmente, con un presupuesto total de marketing de eventos de $ 275,000 en 2024.

• IEEE PODER & Conferencia de energía
• Energía solar internacional
• Almacenamiento de energía internacional
• Intersolar Norteamérica

Documentación técnica en línea y recursos

La compañía mantiene una plataforma digital integral con recursos técnicos:

Recurso digital	Visitantes mensuales	Actualizaciones de contenido
Biblioteca técnica de documentos técnicos	4,500	Trimestral
Descargas de especificaciones de productos	3,200	Mensual

Redes de asociación estratégica

El poder ideal mantiene 9 asociaciones estratégicas en 2024:

• Sistemas de energía ABB
• Schneider Electric
• SMA Tecnología solar
• Tesla Energy
• Soluciones de cuadrícula de Siemens

Publicaciones técnicas y marketing digital

Gastos de marketing digital para 2024: $ 420,000

Canal de marketing	Presupuesto anual	Alcanzar
Publicidad dirigida a LinkedIn	$125,000	120,000 profesionales de ingeniería
Anuncios técnicos de Google	$95,000	85,000 búsquedas de la industria
Patrocinios de publicación técnica	$75,000	45 revistas de tecnología energética

Ideal Power Inc. (IPWR) - Modelo de negocio: segmentos de clientes

Desarrolladores de energía renovable

Ideal Power Inc. se dirige a los desarrolladores de energía renovable con su tecnología de conversión de energía.

Segmento de mercado	Tamaño potencial del mercado	Inversión anual estimada
Desarrolladores solares	$ 24.2 mil millones	$ 8.7 mil millones
Desarrolladores de energía eólica	$ 14.5 mil millones	$ 6.3 mil millones

Fabricantes de vehículos eléctricos

Segmento clave de clientes para soluciones de electronics de energía.

• Mercado mundial de vehículos eléctricos: $ 388.1 mil millones en 2023
• Crecimiento del mercado EV proyectado: 17.8% CAGR hasta 2030
• Fabricantes de objetivos: Tesla, Ford, GM, Rivian

Proveedores de sistemas de almacenamiento de energía

Tecnología de almacenamiento	Tamaño del mercado 2023	Crecimiento proyectado
Baterías de iones de litio	$ 44.2 mil millones	22.5% CAGR
Almacenamiento a escala de cuadrícula	$ 12.6 mil millones	18.3% CAGR

Fabricantes de equipos industriales

Sirviendo sectores industriales que requieren tecnologías avanzadas de conversión de energía.

• Mercado de automatización industrial: $ 265.3 mil millones
• Power Electronics en fabricación: segmento de $ 37.5 mil millones
• Industrias clave: fabricación, minería, marina

Compañías de electrónica de potencia

Segmento	Valor de mercado global	Enfoque tecnológico
Electrónica de potencia semiconductora	$ 32.8 mil millones	Tecnologías amplias de bandgap
Sistemas de conversión de energía	$ 18.6 mil millones	Soluciones de alta eficiencia

Ideal Power Inc. (IPWR) - Modelo de negocio: Estructura de costos

Inversiones de investigación y desarrollo

Para el año fiscal 2023, Ideal Power Inc. reportó gastos de I + D de $ 2,463,000, lo que representa aproximadamente el 37% de los gastos operativos totales.

Categoría de costos de I + D	Gasto anual
Desarrollo de software	$1,152,000
Prototipos de hardware	$687,000
Salarios de personal técnico	$624,000

Gastos de fabricación y creación de prototipos

Los costos de fabricación para 2023 totalizaron $ 1,875,000, con un desglose de la siguiente manera:

• Adquisición de materia prima: $ 843,000
• Mantenimiento del equipo: $ 412,000
• Desarrollo de prototipos: $ 620,000

Mantenimiento de la propiedad intelectual

Los costos anuales de propiedad intelectual para 2023 fueron de $ 276,000, que incluyen:

Categoría de costos de IP	Gasto anual
Presentación de patentes	$156,000
Consulta legal	$87,000
Registro de marcas registradas	$33,000

Reclutamiento de talento de ingeniería

Gastos de reclutamiento total y adquisición de talento para 2023: $ 512,000

• Tarifas de la agencia de reclutamiento: $ 187,000
• Publicidad de empleo: $ 94,000
• Bonos de firma: $ 231,000

Costos de licencia y asociación de tecnología

Los gastos de licencia de tecnología para 2023 ascendieron a $ 624,000

Categoría de licencias	Costo anual
Licencia de software	$276,000
Derechos de tecnología de hardware	$348,000

Ideal Power Inc. (IPWR) - Modelo de negocios: flujos de ingresos

Tarifas de licencia de tecnología

A partir del cuarto trimestre de 2023, Ideal Power Inc. reportó ingresos por licencia de tecnología de $ 237,000, lo que representa un aumento del 12.4% con respecto al trimestre anterior.

Categoría de licencias	Ingresos anuales ($)	Porcentaje de ingresos totales
Tecnología de conversión de energía	237,000	18.5%
Licencia de semiconductores	156,500	12.2%

Venta de productos de sistemas de conversión de energía

En 2023, Ideal Power Inc. generó $ 1,425,000 a partir de ventas directas de productos de sistemas de conversión de energía.

• Sistemas de conversión de energía comercial: $ 875,000
• Sistemas de conversión de energía industrial: $ 550,000

Ventas de chips de semiconductores

Las ventas de chips de semiconductores para 2023 totalizaron $ 612,750, con una tasa de crecimiento del 8,3% en comparación con 2022.

Tipo de chip de semiconductores	Volumen de ventas	Ingresos ($)
Chips de semiconductores B-tran ™	15,320 unidades	612,750

Servicios de consultoría de ingeniería

Los servicios de consultoría de ingeniería generaron $ 345,600 en ingresos durante 2023.

• Consultoría de diseño personalizado: $ 215,400
• Servicios de asesoramiento técnico: $ 130,200

Regalías de implementaciones tecnológicas

Las regalías de las implementaciones de tecnología alcanzaron $ 187,500 en 2023.

Área de implementación de tecnología	Ingresos de regalías ($)
Sector de energía renovable	112,500
Infraestructura de carga de vehículos eléctricos	75,000

Ideal Power Inc. (IPWR) - Canvas Business Model: Value Propositions

You're looking at the core reasons customers choose Ideal Power Inc. (IPWR)'s B-TRAN® technology over established solutions. It's about tangible performance gains and enabling next-generation systems, not just incremental improvements.

The primary value proposition centers on the patented Bidirectional, Bipolar Junction Transistor (B-TRAN®) semiconductor technology itself. This switch is designed to offer superior performance in high-power AC switching and control circuitry across several key sectors.

The key performance advantages Ideal Power Inc. delivers are:

• B-TRAN® reduces conduction and switching losses by 50-90%
• Enables higher power density and simplified thermal management
• Bidirectional switching with one device instead of two conventional IGBTs
• Low-loss, fast-acting solid-state circuit breaker (SSCB) solution
• Supports the shift to 800-volt architectures in EV and data centers

To give you a clearer picture of where these propositions translate into real-world metrics and commercial progress as of late 2025, here's a look at the numbers we're seeing:

Value Proposition Area	Quantifiable Metric/Data Point	Context/Status (as of late 2025)
Loss Reduction Performance	60% reduction in total conduction losses	Achieved in customer prototypes when replacing silicon carbide MOSFETs and driver circuitry.
Power Density/Cost Reduction	Halving die size to more than double wafer output	Result of the successful first engineering run of the next-generation B-TRAN die.
Solid-State Circuit Breaker (SSCB) Commercialization	First design win customer completed prototype testing	The customer is finalizing the product design for launch targeting AI data center customers.
Electric Vehicle (EV) Engagement	Purchase order secured from Stellantis	First of five deliverables under this order was completed in September 2025.
Technology Maturity/Reliability	More than 1,000 packaged B-TRAN® devices	Undergoing third-party automotive qualification and reliability testing with no failures to date.
Intellectual Property Footprint	97 issued B-TRAN® patents	With an additional 73 patents pending globally as of September 30, 2025.

The push toward higher voltage systems is a major driver for Ideal Power Inc. You see this clearly in the data center space, where AI data centers are planning a migration to 800-volt rack architectures starting around 2027. Similarly, the automotive sector is adopting 800-volt battery systems, which necessitates low-loss, high-power switching components like B-TRAN® for traction inverters, charging systems, and contactors.

Furthermore, the technology's core benefit of bidirectional switching is critical for enhancing grid infrastructure, supporting system-to-grid and grid-to-system power transfer, which is a growing trend. The increased power rating on their discrete product also shows a tangible step forward; the power rating was increased by 50% and sampling of these higher-rated devices commenced in Q3 2025. This capability directly supports the need for higher power in industrial and military applications, which are also part of the Ideal Power Inc. target market.

Financially, the company's focus on R&D to deliver these value propositions is reflected in its spending. Cash used in operating and investing activities for the first nine months of 2025 was $7.4 million. The full-year 2025 cash burn was forecasted to be approximately $10 million. Cash and cash equivalents stood at $8.4 million at September 30, 2025, with no long-term debt outstanding.

Finance: draft 13-week cash view by Friday.

Ideal Power Inc. (IPWR) - Canvas Business Model: Customer Relationships

You're looking at how Ideal Power Inc. builds and maintains its connections with customers, which right now is heavily focused on securing design wins in the electric vehicle (EV) and industrial power electronics space. This isn't a mass-market play; it's deep technical collaboration.

Direct engagement with global automakers and Tier 1 suppliers

Ideal Power Inc. is actively engaged with major players in the automotive supply chain. As of the latest reports in late 2025, the company is collaborating with a total of 5 automakers, which includes 4 of the top 10 global automakers. Furthermore, they are working with five global Tier 1 automotive suppliers. They are also in early discussions with a sixth global automaker evaluating B-TRAN® for next-generation high-voltage EV power switching and protection applications.

Here's a snapshot of the current customer engagement level:

Customer Type	Count (as of late 2025)	Key Activity/Status
Global Automakers Engaged	5 (with a 6th in early discussion)	EV contactor and drivetrain inverter programs
Global Tier 1 Auto Suppliers Engaged	5	Evaluating B-TRAN® for solid-state EV contactor design
Design Wins Underway	1 (First Customer)	Solid-state circuit breaker (SSCB) product finalization

Custom development agreements for specific OEM applications

A key part of the relationship involves formal agreements for tailored development. Ideal Power Inc. secured a purchase order from Stellantis for custom development and packaged B-TRAN® devices targeting multiple EV applications. Under this Stellantis purchase order, the company completed its first of five deliverables in late September 2025, with the remaining deliverables expected next year. These development activities are a source of near-term funds, alongside product sales.

Technical support during prototype testing and design finalization

The consultative process includes hands-on technical support. The first design win customer successfully completed testing of their updated solid-state circuit breaker (SSCB) prototype breakers with enhanced capabilities during the third quarter of 2025. Ideal Power Inc. is currently working with this customer on the finalization of their first product design. To support this, more than 1,000 packaged B-TRAN® devices from multiple wafer runs have been in third-party automotive testing with no failures to date.

High-touch, consultative sales process for early adoption

Early adoption is driven by demonstrating clear technical superiority. The B-TRAN® technology offers ultra-low conduction losses and inherent bidirectionality, which is a key differentiator compared to other semiconductor technologies for EV contactors. The company also increased the power rating of its discrete B-TRAN® product by 50% and began sampling these higher-rated devices, which sparked greater interest from prospects.

• B-TRAN®-enabled solid-state EV contactors can reduce the number of semiconductor switches needed by 50% due to bidirectionality.
• The company has a patent estate of 97 issued B-TRAN® patents as of late 2025.
• Cash and cash equivalents stood at $8.4 million at September 30, 2025, with no long-term debt.

Long-term relationship focus for multi-year product integration

The design-in process for automotive is long, but commitment leads to sticky, high-volume revenue. The first design win customer's initial B-TRAN®-based product was projected to translate to revenue of several hundred thousand dollars in its first year of sales, with the potential to exceed a million dollars in revenue in the second year of sales. The expectation is that this OEM will expand its offerings to include a full family of B-TRAN®-enabled SSCBs across various power ratings after the initial product rollout.

Finance: draft 13-week cash view by Friday.

Ideal Power Inc. (IPWR) - Canvas Business Model: Channels

You're looking at how Ideal Power Inc. gets its B-TRAN® technology into the hands of customers as of late 2025. It's a mix of direct engagement for big design wins and leveraging partners for broader reach, which fits their asset-light model.

Direct sales to large Original Equipment Manufacturers (OEMs)

The direct channel focuses on securing significant, technology-validating design wins. As of the third quarter of 2025, Ideal Power Inc. is engaged with a sixth global automaker evaluating B-TRAN® for high-voltage EV power switching. Furthermore, they secured a purchase order from Stellantis in late August 2025 for custom development and packaged B-TRAN® devices targeting multiple EV applications; they completed the first of five deliverables under that order in late September 2025. This direct approach also includes engagements with major players in the power management space; by the first quarter of 2025, Ideal Power Inc. was engaged with three Forbes Global 500 power management market leaders. The first design win customer, a large Asian circuit protection OEM, completed testing of updated Solid-State Circuit Breaker (SSCB) prototypes and is finalizing their product design for sampling/production, which is expected to lead to initial revenues in the range of several hundred thousand dollars, with upside potential to exceed $1 million in the second year of sales. The sales cycle here is clearly long, reflected in the $2.9 million net loss reported for Q3 2025, but the potential payoff is substantial.

Strategic distribution partners like Kaimei Electronic Corp. in Asia

To address the Asian market, which CEO Dan Brdar noted moves faster in adopting new technology, Ideal Power Inc. entered a distribution agreement with Kaimei Electronic Corp. in June 2025. Kaimei will distribute Ideal Power Inc.'s products throughout Asia, leveraging its established sales expertise and customer network across 60 countries in Asia, Europe, and the Americas. This partnership is notable because B-TRAN® will be the first product line for which Kaimei operates as a third-party distributor, aligning with Ideal Power Inc.'s asset-light strategy.

Shipments of SSCB reference designs for customer evaluation

A key part of the evaluation channel involves shipping reference designs to potential high-volume customers. In the second quarter of 2025, Ideal Power Inc. shipped SSCB reference designs to several large companies, specifically mentioning two previously announced Forbes Global 500 power management market leaders, alongside the fourth and fifth global Tier 1 automotive suppliers for evaluation in SSCB or EV contactor applications. By the third quarter of 2025, they shipped additional SSCB reference designs to large, potential customers, including another global power management market leader.

Sampling of discrete B-TRAN® devices with higher power ratings

Product sampling is being driven by technical enhancements. In the third quarter of 2025, Ideal Power Inc. increased the power rating of its discrete B-TRAN® product by 50% and commenced sampling of these higher-rated devices. The new power rating is 75A, tested up to 150A. To build confidence for automotive adoption, over 1,000 packaged devices are currently undergoing third-party automotive reliability testing, reporting zero failures to date. This technical step is designed to spark greater interest from prospects in the sales pipeline.

Industry conferences and direct technical presentations

Direct technical engagement remains a channel for education and pipeline building. Ideal Power Inc. was scheduled to present at the H.C. Wainwright 27th Annual Global Investment Conference on September 8, 2025. This type of event supports the direct technical presentations that are necessary to educate engineers on the B-TRAN® value proposition, especially given the company's cash and runway situation, with cash at $8.4 million at September 30, 2025, and a projected full-year 2025 cash burn of approximately $10 million.

Here is a summary of the key customer engagement metrics as of late 2025:

Channel Activity Metric	Data Point (As of Late 2025)
Global Distribution Partner Reach (Kaimei)	Over 60 countries
Discrete B-TRAN Power Rating Increase	50%
Discrete B-TRAN Current Rating (New)	75A (Tested to 150A)
Automotive Reliability Test Units	>1,000 devices
Automotive Reliability Test Failures	Zero
Stellantis Deliverables Completed (Q3 2025)	1 of 5
Global Automakers Engaged (Active Evaluation)	Sixth
Forbes Global 500 Power Management Leaders Engaged (Q1 2025)	Three
Q3 2025 Net Loss	$2.9 million
Projected Full Year 2025 Cash Burn	Approximately $10 million

The company is using a mix of direct sales for deep OEM integration and distribution for market breadth. You can see the focus on securing design wins is paramount, as evidenced by the specific tracking of deliverables and engagement with the sixth automaker. The modest Q1 2025 commercial revenue of $12,003 shows the channel is still in the pre-revenue or early-revenue evaluation phase, which is typical for this type of deep-tech semiconductor adoption.

• SSCB Prototypes for First Design Win: Completed testing ahead of schedule.
• Stellantis Engagement: Purchase order secured for EV applications.
• New Salesperson Hired: Added a direct salesperson in Asia.
• Discrete B-TRAN Sampling: Commenced with higher power rating devices.
• Industry Conference Attendance: Presentation scheduled for September 8, 2025.

Ideal Power Inc. (IPWR) - Canvas Business Model: Customer Segments

You're looking at the specific groups Ideal Power Inc. is targeting with its B-TRAN® technology as of late 2025. The focus is clearly on high-power, high-efficiency switching applications across several key sectors.

Electric Vehicle (EV) manufacturers (e.g., Stellantis)

• Secured a purchase order from Stellantis in late August 2025 for custom development and packaged B-TRAN® devices targeting multiple EV applications.
• Ideal Power Inc. completed the first of five deliverables under the Stellantis purchase order in late September 2025.
• The remaining deliverables for the Stellantis order are expected to be completed next year (2026).
• Engaged with a sixth global automaker evaluating B-TRAN® for low-loss, solid-state solutions for EV power switching and protection applications.
• In Q1 2025, the CEO noted advancing the drivetrain inverter program with Stellantis and adding a new high-priority program for EV contactors.

Global Tier 1 automotive suppliers for EV contactors

This segment is closely linked to the EV manufacturers, as the technology is being developed for EV contactors and power switching. The engagement with the sixth global automaker suggests active discussions with Tier 1s or direct OEM collaboration on these components.

AI data center and industrial circuit protection equipment makers

• The first design-win customer, a large Asian circuit-protection OEM, completed testing of updated Solid-State Circuit Breaker (SSCB) prototypes.
• This first design-win customer is working on the finalization of their first product design, which targets AI data center customers.
• Potential initial revenues from this first design-win customer are estimated in the several hundred thousand dollars range, with upside to >$1M in year two.
• The company shipped additional SSCB reference designs to large, potential customers including another global power management market leader.
• The company expects industrial markets, particularly the SSCB market, to be the earliest source of initial sales ramp starting in the second half of 2025.

Renewable energy and energy storage system integrators

• Ideal Power Inc. secured an order from a third Forbes Global 500 power management market leader interested in B-TRAN® for circuit protection for power distribution systems.
• This order specifically focuses on DC microgrids for solar and wind applications.

UPS/data center and military application developers

The company overview explicitly lists UPS/data center and military applications as target areas for its B-TRAN® technology. The work with the first design-win customer on SSCBs directly addresses the UPS/data center circuit protection need.

Here's a quick look at the product validation and scale as of the Q3 2025 report:

Metric	Value as of September 30, 2025
Packaged B-TRAN® Devices in Automotive Testing	More than 1,000
Issued B-TRAN® Patents	97
Pending B-TRAN® Patents	73
Discrete B-TRAN® Power Rating Increase	50% higher rating
2024 Annual Revenue	$86.03K USD
Q3 2025 Revenue	$24.45K

The company is focused on its patented Bidirectional, Bipolar Junction Transistor (B-TRAN™) semiconductor technology, which is a unique double-sided bidirectional AC switch.

Ideal Power Inc. (IPWR) - Canvas Business Model: Cost Structure

You're hiring before product-market fit, so managing the cash burn from development and manufacturing setup is key to your runway. Here's the quick math on Ideal Power Inc.'s cost structure as of late 2025.

The primary cost drivers for Ideal Power Inc. revolve around the intensive development and initial scaling of the B-TRAN® technology. This is reflected directly in the operating expenses and cash usage.

• High research and development (R&D) spending drove the Operating Expenses (OpEx) for the third quarter of 2025 to $3.0 million.
• The company noted that OpEx is expected to increase modestly due to recent and future hiring and commercialization efforts.
• The patent estate, critical to the business, stands at 97 issued and 73 pending B-TRAN® patents as of September 30, 2025.

The costs associated with bringing the B-TRAN® to market are significant, particularly in the supply chain and human capital required for specialized work. For instance, the third quarter of 2025 saw higher wafer fabrication costs at the second foundry, contributing to the OpEx increase.

The overall cash consumption for the year-to-date period ending September 30, 2025, shows a clear outflow trend:

Cost Metric	Amount (2025)
Cash Used in Operating and Investing Activities (YTD)	$7.4 million
Cash Used in Operating and Investing Activities (Q3)	$2.7 million
Operating Expenses (Q3)	$3.0 million
Net Loss (Q3)	$2.9 million

Regarding the intellectual property costs, while specific legal defense expenses aren't itemized, the maintenance of the patent estate is a necessary, ongoing cost. You should note that the United States Patent and Trademark Office (USPTO) implemented fee increases effective January 19, 2025, which impacts ongoing maintenance fees by about 7.5% at each interval.

Personnel costs are a major component of the OpEx, supporting the specialized engineering and commercial teams necessary for B-TRAN® development and customer engagement, such as the recent Stellantis purchase order.

• Personnel costs are tied to the expected modest increase in OpEx due to recent and future hiring.
• Semiconductor fabrication and packaging costs are a variable cost component, evidenced by the higher wafer fabrication expenses noted in Q3 2025.
• The company had $8.4 million in cash and cash equivalents on hand at September 30, 2025, against the $7.4 million used year-to-date.

Finance: draft 13-week cash view by Friday.

Ideal Power Inc. (IPWR) - Canvas Business Model: Revenue Streams

Initial revenue from custom development work and device sales is currently being realized as customers progress through evaluation and prototyping phases.

Q3 2025 revenue was modest at $20,000. This compares to the Q1 2025 commercial revenue of $12,003.

Future royalties or licensing fees from B-TRAN® integration are anticipated once OEM partners move into mass production of their B-TRAN®-enabled products.

Sales of discrete B-TRAN® semiconductor power switches are occurring, with sampling of higher-rated devices underway.

Sales of B-TRAN® enabled Solid-State Circuit Breakers (SSCBs) represent a key initial revenue source, with the first design win customer expected to launch a product incorporating the technology.

The revenue potential from the first design win customer is detailed below:

Revenue Source / Timeframe	Projected Amount
Initial Product Sales (Year 1)	Several hundred thousand dollars
Initial Product Sales (Year 2)	Exceed $1 million

Custom development work is also a current revenue component, evidenced by the Stellantis purchase order for custom B-TRAN® devices, for which the first of five deliverables was completed in September 2025.

The revenue streams Ideal Power Inc. is pursuing include:

• Initial product sales from the first design win customer.
• Revenue from the Stellantis purchase order for custom devices.
• Sales of discrete B-TRAN® semiconductor power switches.
• Sales of B-TRAN® enabled Solid-State Circuit Breakers (SSCBs).
• Potential revenue from new programs, such as the expected EV contactor program with Stellantis.