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.
| Country | United States |
| Founded | 2007 |
| IPO Date | Nov 22, 2013 |
| Industry | Semiconductors |
| Sector | Technology |
| Employees | 16 |
| 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 |
|---|---|---|
| Mar 2, 2026 | SCHEDULE 13G | Filing |
| Feb 25, 2026 | 8-K | Current Report |
| Feb 25, 2026 | 424B5 | Filing |
| Feb 23, 2026 | 424B5 | Filing |
| Jan 29, 2026 | SCHEDULE 13G/A | Filing |
| Jan 9, 2026 | EFFECT | Notice of Effectiveness |
| Dec 30, 2025 | S-3 | Registration statement under Securities Act of 1933 |
| Nov 13, 2025 | 10-Q | Quarterly Report |
| Nov 13, 2025 | 8-K | Current Report |
| Nov 10, 2025 | SCHEDULE 13G/A | Filing |