Ideal Power Completes B-TRAN™ Driver for Customer Sampling Program
March 04 2021 - 8:30AM
Ideal Power Inc. (Nasdaq: IPWR), pioneering the development
and commercialization of highly efficient and broadly patented
B-TRAN™ bi-directional power switches, today announced that, in
collaboration with The University of Texas at Austin’s
Semiconductor Power Electronics Center, it has finalized the
development and fabrication of a new B-TRAN™ driver for use in its
customer sampling program.
As a double-sided device with a unique
architecture, B-TRAN™ requires a driver that is designed to control
and coordinate the operation of both sides of the device
simultaneously. The final driver design builds on the prototype
driver and incorporates additional functionality and reduces the
size of the original design. It also improves B-TRAN™ switching
performance through faster turn-off, resulting in significantly
lower switching losses. As part of the driver development process,
Ideal Power identified improvements in performance and device
protection that enhance the capability of B-TRAN™. Patent
protection for these inventions was filed with the US Patent
Office.
“Developing, designing and fabricating this
driver removes the need for potential customers to do so,
facilitating their technical evaluation by presenting them with
test-ready engineering prototype samples,” stated Dan Brdar,
President and Chief Executive Officer of Ideal Power. “The feedback
we expect to receive through our sampling effort should give us
valuable input into how to best combine the driver and packaged
B-TRAN™ into the intelligent power module that we plan bring to
market as part of our future commercialization of B-TRAN™. We
expect that offering an intelligent power module rather than a
discrete device will help accelerate B-TRAN™’s eventual commercial
adoption. This completed driver design is an important step toward
catalyzing our B-TRAN™ vision for into reality.”
About Semiconductor Power Electronics
Center (SPEC)SPEC is a center of excellence in power
electronics research and development at The University of Texas at
Austin. For details please visit spec.ece.utexas.edu.
About Ideal Power Inc.Ideal
Power (NASDAQ: IPWR) is pioneering the development of its broadly
patented bi-directional power switches, creating highly efficient
and ecofriendly energy control solutions for electric vehicle,
electric vehicle charging, renewable energy, energy storage, UPS /
data center and other industrial and military applications. The
Company is focused on its patented Bi-directional, Bi-polar
Junction Transistor (B-TRAN™) semiconductor technology. B-TRAN™ is
a unique double-sided bi-directional AC switch able to deliver
substantial performance improvements over today's conventional
power semiconductors. Ideal Power believes B-TRAN™ modules will
reduce conduction and switching losses, complexity of thermal
management and operating cost in medium voltage AC power switching
and control circuitry. For more information, visit
www.IdealPower.com.
Forward-Looking StatementsAll
statements in this release that are not based on historical fact
are “forward-looking statements” within the meaning of the Private
Securities Litigation Reform Act of 1995 and the provisions of
Section 27A of the Securities Act of 1933, as amended, and Section
21E of the Securities Exchange Act of 1934, as amended. While Ideal
Power’s management has based any forward-looking statements
included in this release on its current expectations, the
information on which such expectations were based may change. These
forward-looking statements rely on a number of assumptions
concerning future events and are subject to a number of risks,
uncertainties and other factors, many of which are outside of Ideal
Power’s control that could cause actual results to materially
differ from such statements. Such risks, uncertainties, and other
factors include, but are not limited to, the risks and
uncertainties associated with market conditions, as well as risks
and uncertainties set forth in Ideal Power’s quarterly, annual and
other reports filed with the SEC. Furthermore, Ideal Power operates
in a highly competitive and rapidly changing environment where new
and unanticipated risks may arise. Accordingly, investors should
not place any reliance on forward-looking statements as a
prediction of actual results. Ideal Power disclaims any intention
to, and undertake no obligation to, update or revise
forward-looking statements.
Ideal Power Investor Relations Contact:LHA
Investor RelationsCarolyn Capaccio, CFA; Keith FetterT:
212-838-3777IdealPowerIR@lhai.com
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