Ideal Power Inc. (FRA:5ILA)
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3.160
+0.140 (4.64%)
Last updated: Nov 26, 2025, 8:03 AM CET

Ideal Power Company Description

Ideal Power Inc. focuses on the development and commercialization of its bidirectional bipolar junction TRANsistor solid-state switch technology.

It offers SymCool Power Module designed to meet low conduction loss needs of the solid-state circuit breaker market.

The company serves electric and hybrid electric vehicles, electric vehicle charging, renewable energy and energy storage system power converters, uninterruptible power supplies for data centers, industrial motor drives, solid-state circuit breakers, distribution and transmission switches and controls, and other industrial and military markets.

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.

Ideal Power Inc.
CountryUnited States
Founded2007
IndustrySwitchgear and Switchboard Apparatus
Employees16
CEODavid Somo

Contact Details

Address:
5508 Highway 290 West
Austin, Delaware 78735
United States
Phone512 264 1542
Websiteidealpower.com

Stock Details

Ticker Symbol5ILA
ExchangeFrankfurt Stock Exchange
Stock TypeCommon Stock
Fiscal YearJanuary - December
Reporting CurrencyUSD
SIC Code3613

Key Executives

NamePosition
David SomoChief Executive Officer
Timothy BurnsChief Financial Officer