Ideal Power Posts Q2 Results, Secures High-Volume Foundry Deal for B-TRAN
IPWR sits 82% above its 52-week low of $2.615.
Summary
Ideal Power reported Q2 2026 results with $41.3M cash, $3.6M operating expenses, and $27.7M raised via a registered direct offering. The company signed a long-term supply agreement with a high-volume wafer foundry that has already produced functional B-TRAN first silicon, supporting future industrial and automotive volume. Stellantis received a second shipment of B-TRAN samples, and a new 800V SSCB reference design kit drew a first stocking order from a distributor. Coherent Corp.'s CMO joined Ideal Power's advisory board, adding data center and AI infrastructure expertise. The foundry deal and customer progress mark a step toward commercialization, though revenue remains pre-volume.
At the time of this announcement, IPWR was trading at $4.75 on NASDAQ in the Technology sector, with a market capitalization of approximately $71.9M. The 52-week trading range was $2.62 to $9.30. This news item was assessed with neutral market sentiment and an importance score of 7 out of 10. Source: PR Newswire.