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Ideal Power Inc. (IPWR) is a Delaware corporation headquartered in Austin, Texas, focused on the development and commercialization of its Bidirectional bipolar junction TRANsistor (B-TRAN®) solid-state switch technology. The company has launched its first two commercial products: the discrete B-TRAN® and the SymCool® Power Module, targeting the solid-state circuit protection and electric vehicle contactor markets. It has secured a product development agreement with Stellantis for EV applications and announced its first design win for solid-state circuit breakers with a major Asian circuit protection equipment manufacturer. The company is filing an S-1 registration statement to facilitate the resale of up to 631,332 shares of its common stock by the selling securityholder, Lytton-Kambara Foundation, which holds pre-funded warrants. Ideal Power will not receive any proceeds from these sales. The offering is being conducted to provide liquidity for the selling securityholder and to register shares for public resale, as the company continues its commercialization efforts and seeks to build its patent portfolio, which includes 52 U.S. and 48 foreign issued patents as of February 28, 2026.
Offering Amount
$2.0M
Shares Offered
50,000,000
Shares Offered
631,332
Offering Amount
Not disclosed (company receives $0 proceeds)
Share Type
Common Stock
Exchange
NASDAQ
Ticker
IPWR
Use of Proceeds: The company will not receive any proceeds from the sale of the shares by the Selling Securityholder.
Ideal Power Inc. is focused on the further development and commercialization of its Bidirectional bipolar junction TRANsistor (B-TRAN®) solid-state switch technology.