Company Description
Ideal Power Inc. focuses on the development and commercialization of its bidirectional bipolar junction TRANsistor solid-state switch technology.
The company offers SymCool Power Module designed to meet low conduction loss needs of the solid-state circuit protection and EV contactor markets.
It serves electric and hybrid electric vehicles, electric vehicle charging, renewable energy and energy storage system uninterruptible power supplies, industrial motor drives, solid-state transformers, power distribution and transmission switches, and other industrial and defense 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.
| Country | United States |
| Founded | 2007 |
| IPO Date | Nov 22, 2013 |
| Industry | Semiconductors |
| Sector | Technology |
| Employees | 17 |
| CEO | David Somo |
Contact Details
Address: 5508 Highway 290 West, Suite 120 Austin, Texas 78735 United States | |
| Phone | 512 264 1542 |
| Website | idealpower.com |
Stock Details
| Ticker Symbol | IPWR |
| Exchange | NASDAQ |
| Stock Type | Common Stock |
| Fiscal Year | January - December |
| Reporting Currency | USD |
| CIK Code | 0001507957 |
| CUSIP Number | 451622203 |
| ISIN Number | US4516222035 |
| Employer ID | 14-1999058 |
| SIC Code | 3674 |
Key Executives
| Name | Position |
|---|---|
| David Somo | Chief Executive Officer, President and Director |
| Timothy W. Burns CPA | Chief Financial Officer, Secretary and Treasurer |
Latest SEC Filings
| Date | Type | Title |
|---|---|---|
| May 14, 2026 | 8-K | Current Report |
| Apr 27, 2026 | DEF 14A | Other definitive proxy statements |
| Apr 27, 2026 | SCHEDULE 13G/A | Filing |
| Apr 3, 2026 | EFFECT | Notice of Effectiveness |
| Mar 31, 2026 | UPLOAD | Filing |
| Mar 27, 2026 | S-1 | General form for registration of securities under the Securities Act of 1933 |
| Mar 27, 2026 | 10-K | Annual Report |
| Mar 10, 2026 | 8-K | Current Report |
| Mar 2, 2026 | SCHEDULE 13G | Filing |
| Feb 25, 2026 | 8-K | Current Report |