Ideal Power Inc. — Company profile
Technology · Semiconductors · United States
Last price 2.95 USD (Oct 29, 2026, 4:00 PM EDT) · Market cap 48.48M
Overview · Financial statements · Key statistics · Dividends · Company profile · Price history · Reports
Company profile
Ideal Power Inc. focuses on the development and commercialization of its bidirectional bipolar junction TRANsistor solid-state switch technology. The company offers SymCool Power Module designed to meet low conduction loss needs of the solid-state circuit protection and EV contactor markets. It serves electric and hybrid electric vehicles, electric vehicle charging, renewable energy and energy storage system uninterruptible power supplies, industrial motor drives, solid-state transformers, power distribution and transmission switches, and other industrial and defense markets. It has a collaboration with Power Integrations, Inc. to deliver a self-powered, intelligent, ultra-fast SSCB. The company was formerly known as Ideal Power Converters Inc. and changed its name to Ideal Power Inc. in July 2013. The company was incorporated in 2007 and is headquartered in Austin, Texas.
Details
| Name | Ideal Power Inc. |
| Sector | Technology |
| Industry | Semiconductors |
| Employees | 17 |
| Founded | 2007 |
| Ipo Date | 2013-11-22 |
| Ceo | David Somo |
| Country | United States |
| Exchange | NASDAQ |
| Fiscal Year | January - December |
| Reporting Currency | USD |
| Isin | US4516222035 |
| Cusip | 451622203 |
| Cik | 0001507957 |
| Sic | 3674 |
| Stock Type | Common Stock |
Key executives
| Name | Title |
|---|---|
| David Somo | Chief Executive Officer, President and Director |
| Timothy W. Burns CPA | Chief Financial Officer, Secretary and Treasurer |
Contact
| Address | 5508 Highway 290 West, Suite 120, Austin, Texas 78735, United States |
| Phone | 512 264 1542 |
| Website | https://www.idealpower.com |