AUSTIN,
Texas, Feb. 13, 2025 /PRNewswire/ -- Ideal Power
Inc. (Nasdaq: IPWR) ("Ideal Power," the "Company," "we," "us"
or "our"), developer and innovative provider of the highly
efficient and broadly patented B-TRAN® bidirectional semiconductor
power switch, today announced that management will hold a
conference call on Thursday, February 27,
2025 at 10:00 AM Eastern Time
to discuss its results for the fourth quarter and full year ended
December 31, 2024. A press release
detailing these results will be issued prior to the call.
Ideal Power President and CEO Dan
Brdar and CFO Tim Burns will
host the conference call, followed by a question-and-answer period.
Analysts and investors may pose questions for management during the
live conference call on February 27,
2025, and may submit questions HERE in advance of the
conference call.
Interested persons may access the live conference call by
dialing 888-506-0062 (U.S./Canada
callers) or 973-528-0011 (international callers), using passcode
894831. It is recommended that participants call or login 10
minutes ahead of the scheduled start time to ensure proper
connection. An operator will register your name and organization.
An audio replay will be available one hour after the live call
until Midnight on March 13, 2025 by
dialing 877-481-4010 using passcode 51998.
The live webcast and interactive Q&A will be accessible on
the Company's Investor Relations website under the Events tab HERE.
The webcast will be archived on the website for future viewing.
2025 Milestones
For 2025, the Company has set the following milestones:
- Secure next phase of development program with Stellantis
- Complete deliverables in 1H 2025 related to first design
win
- Capture additional design wins / custom development
agreements
- Start initial sales ramp in second half of year
- Increase current rating of products
- Complete third-party automotive qualification testing
Upcoming Investor Conferences
Emerging Growth Virtual Conference on February 18, 2025
Ideal Power plans to
present at the Emerging Growth Virtual Conference on February 18 at 2:55 PM
ET. The live, interactive webcast and slide presentation
will be accessible on the Company's Investor Relations website
under the Events tab HERE. The webcast will be archived on the
website for future viewing.
Planet MicroCap Showcase in Las
Vegas on April 23 and 24,
2025
Ideal Power plans to participate at the Planet MicroCap
Showcase in Las Vegas, NV on
April 23 and 24. Ideal Power's
presentation webcast is on April 23,
and its one-on-one investor meetings are on April 24. The Planet MicroCap Showcase is in
partnership with MicroCapClub.
Ideal Power's presentation webcast at the Planet MicroCap
Showcase in Las Vegas is
April 23 at 10:30 AM PT. The live, interactive webcast and
slide presentation will be accessible on the Company's Investor
Relations website under the Events tab HERE. The webcast will be
archived on the website for future viewing.
Planet MicroCap Showcase attendees in Las Vegas are encouraged to register and
request HERE a one-on-one meeting with Ideal Power on
April 24.
About Ideal Power Inc.
Ideal Power (NASDAQ: IPWR) is the developer and innovative
provider 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 that delivers substantial
performance improvements over today's conventional power
semiconductors. Ideal Power's B-TRAN® can reduce conduction and
switching losses, complexity of thermal management and operating
cost in AC power switching and control circuitry. For more
information, visit the Company's website at www.IdealPower.com, on
LinkedIn, on Twitter, and on Facebook.
Safe Harbor Statement
All 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.
Such forward-looking statements include, but are not limited to,
statements regarding the Company's 2025 milestones. 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 our
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 success of our B-TRAN®
technology, including whether the patents for our technology
provide adequate protection and whether we can be successful in
maintaining, enforcing and defending our patents, our inability to
predict with precision or certainty the pace and timing of
development and commercialization of our B-TRAN® technology, the
rate and degree of market acceptance for our B-TRAN®, the impact of
global health pandemics on our business, supply chain disruptions,
and the expected performance of future products incorporating our
B-TRAN®, and uncertainties set forth in our quarterly, annual and
other reports filed with the Securities and Exchange Commission.
Furthermore, we operate 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. We
disclaim any intention to, and undertake no obligation to, update
or revise forward-looking statements, except as required by
applicable law.
Ideal Power Investor Relations Contact
Jeff Christensen
Darrow Associates Investor Relations
jchristensen@darrowir.com
703-297-6917
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SOURCE IDEAL POWER INC.
