IPWR News & Events

"We're excited to have signed two new customer agreements for the development of B-TRAN-enabled solutions addressing focus applications that span solid-state circuit protection for data centers, renewable energy and energy storage systems, grid, electric vehicles and charging infrastructure," said David Somo, President and CEO of Ideal Power. "We detailed the company's strategy, commercial opportunities, priorities and expectations on our recent Business Update Webcast Call. It's a plan designed to accelerate commercialization and deliver increased value to our shareholders and our customers. Now that we have set out a clear path, our focus is on disciplined execution."

Ideal Power announced the pricing of its underwritten public offering of 4,458,736 shares of common stock for gross proceeds of approximately $12.3M. Concurrent with the Public Offering, the Company also priced a private placement of pre-funded warrants to purchase up to 631,332 shares of common stock for gross proceeds of approximately $1.7M. Total gross proceeds from the financings are expected to be an aggregate of approximately $14M, before deducting underwriting discounts, commissions, and other offering expenses payable by the company. The financings are expected to close on February 25, 2026, subject to customary closing conditions. The Public Offering includes participation from existing institutional shareholders and company insiders, including its CEO.The company intends to use the net proceeds from these financings to advance commercialization of B-TRAN(R), including customer design-ins, custom development programs, and initial production ramp with strategic partners, and for general corporate and working capital purposes. Titan Partners, a division of American Capital Partners, is acting as the sole bookrunner for the financing.

Ideal Power announced that it has commenced an underwritten public offering for the sale of its common stock. Titan Partners, a division of American Capital Partners, is acting as the sole bookrunner for the proposed offering.

Ideal Power files $50M mixed securities shelf