It's much bigger than that it is car and house. Their patents are very interesting and they are rolling out this system and they have potential customers and if it is adopted this wil surely fly like an eagle. I like what I se so far.
Hmmm. This company is to the chip industry like a small biotech is to the pharma industry. Interesting.
If nothing else we have discovered a new name for kids to identify with B-Tran. About Ideal Power Inc. Ideal Power (NASDAQ: IPWR) is pioneering the development of its broadly patented bidirectional semiconductor power switch, creating highly efficient and ecofriendly energy control solutions for electric vehicle, electric vehicle charging, renewable energy, energy storage, UPS / data center, solid-state circuit breaker and other industrial and military applications. The Company is focused on its patented Bidirectional, Bipolar Junction Transistor (B-TRAN™) semiconductor technology. B-TRAN™ is a unique double-sided bidirectional AC switch able to deliver substantial performance improvements over today's conventional power semiconductors. Ideal Power believes B-TRAN™ 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.
Stoney... Its not car to house OK?! Don't be dense. It does have huge potential... but it has NOTHING to do with car to house for god sake. Quit!
CEO came from FuelCell R. Daniel BrdarChief Executive Officer R. Daniel Brdar President, Chief Executive Officer and Director Dan has over 30 years of experience in the power systems and energy industries and has held a variety of leadership positions during his career. In addition to his role at Ideal Power, Dan served as President and CEO of FuelCell Energy Inc., a Nasdaq-listed company with a market cap of over $250 million.
See what you did... you made me miss the bounce off of $35 on the Ark. edit... thats ok, we want $34.50 for the win.
They have a good amount of cash and no debt to speak of.- Addressable market is huge. COMPANY DESCRIPTION Ideal Power is focused on the development and commercialization of its B-TRAN™ technology. Its patented Bidirectional,Bipolar Junction Transistor(B-TRAN™) semiconductor technology is a unique double-sided bidirectional AC switch able to deliver substantial performance improvements over today’s conventional power semiconductors. The bidirectional switch is a highly efficient and eco-friendly control solution for electric vehicles, electric vehicle charging, renewable energy, energy storage, UPS/data center,solid-state circuit breaker, and other industrial and military applications. Ideal Power believes its B-TRAN modules will reduce conduction and switching losses, complexity of thermal management and operating costs in medium voltage AC power switching and control circuitry. SUMMARY •Disruptive semiconductor technology–IdealPower’sB-TRAN™ semiconductor technology is a unique double-sided bidirectional AC switch able to deliver substantial performance improvements over today’s conventional power semiconductors.The Company believes its B-TRAN™modules will reduce conduction and switching losses,complexity of thermal management and operating costs in medium voltage AC power switching and control circuitry.All of which should provide it with competitive advantages vs. existing solutions. •Patent portfolio protection–The Company’s technology is protected by 65 issued patents along with 23pending patents globally. The patents cover the B- TRAN™ device architecture, control methodologies and techniques, double-sided device manufacturing techniques, and application specific uses of B-TRAN™. •Large and expanding market–The total addressable market for the Company’s B-TRAN™ technology is estimated at ~$6B in 2020 and is forecasted to reach $11B by 2026, representing an approximate 11% CAGR.The Company’s initial focus will be on the EV and EV charging market, along with renewable, and data center UPS, which combined,represents ~ 50% of the overall market. The Company is also targeting the solid-state circuit breaker market.<----! •Government funded demo underway–Ideal Power signed a $1.2M subcontract under a2-yeargrantinJun’20to supply B-TRAN™devices to the US Navy/NAVSEA for the development and demonstration of a B-TRAN™ enabled high-efficiency DC circuit breaker. The device is part of mission critical technology for the ship electrification program.Additionally,the Company recently announced a SBIR Phase I award from the Department of Energy for an AC circuit breaker.The Company anticipates it ability to leverage the demonstrations to enter military, industrial, and utility DC markets. •Recent test and evaluation agreements point positive–YTD,Ideal Power announced multiple testing and evaluation collaborations for its B-TRAN™ device that include (1)a top 10 global automaker, (2) a top 10 global solar power conversion providers, (3) an EV charging company and most recently,(4) a Forbes Global 500 leader in power management.Feedback and data from the testing will be shared with Ideal Power for incorporation into its commercial intelligent power modules.This is all leading toa2H22commerciallaunch of its B-TRAN™. •Ample current liquidity with low burn–In Feb’21, the Company completed a public offering of ~1.4M shares at $17.00per share for net proceeds of$21.2M. With Q3F21 cash at $24.5M, and a projected F21 cash burn of ~ $4.5M, the Company has ample liquidity to continue the development and commercialization of its B-TRAN™technology. •Valuation–Given the early-stage nature of Ideal Power, we are using a potential 2026market share scenario analysis to help frame valuation. To this end, we are making various, long-term assumptions and discounting the value to present day. Our various assumptions arrive at a valuation range of$13.00to $55.50, with a mid-point of $30.75.
Van- the company’s operational revenues could reach $60-120 million assuming just a 1-2% share of the current IGBT $6.0 billion market.
Hit $200 yesterday we dipped too soon. CHDN Churchill Downs Incorporated s $198.42-0.24(-0.12%)10:53 AM 10/14/22 NASDAQ |$USD |IEX real time price