Ideal Power (IPWR) Status update summary

Leadership and Organizational Updates

• New CEO and President with extensive semiconductor experience joined in November to accelerate B-TRAN commercialization.

• Chief Commercial Officer and Chief Operating Officer, both industry veterans, were added to strengthen commercialization and operations.

Technology and Product Highlights

• B-TRAN is a proprietary, disruptive bidirectional semiconductor switch offering lower conduction losses and fewer components than conventional solutions.

• Over 100 patents granted and 78 pending, covering device architecture, packaging, and manufacturing techniques.

• Commercial products include discrete devices, SymCool/multi-die modules, and known-good die for OEMs and custom packaging.

Market Opportunity and Growth

• Addressable market for static applications is $3.5B today, growing to $6.6B by 2030; future switching applications could double this to $14B.

• Serviceable available market projected to grow from $3.7B in 2026 to $14.2B by 2030.

• B-TRAN enables significant energy savings in data centers, with a 1–2% efficiency gain translating to $750M–$1.5B in annual savings by 2030.

• Data centers, EVs, and EV charging represent significant near-term opportunities, with B-TRAN content per system ranging from tens to hundreds of dollars.