3.27000 USD
0.22
6.30%
Last update Dec 17, 3:59 PM EST
Post-market
Day range
3.27000
3.5
Previous close
3.49000
Open
3.5
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Ideal Power Inc.
3.27
0.22
6.30%

Overview

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Description

Ideal Power Inc. is a company that specializes in the design and development of innovative power conversion technologies. Its primary function is to provide efficient power conversion solutions for renewable energy, electric vehicles, and industrial applications. Ideal Power's proprietary technologies and products are centered around its novel power switch architecture, which aims to enhance performance while reducing energy losses. The company's products are particularly significant in sectors focused on energy efficiency, sustainable energy solutions, and emerging transportation technologies. By developing advanced power conversion technology, Ideal Power plays a crucial role in facilitating the transition towards cleaner energy sources, enabling the integration of renewable energy on a broader scale and supporting the electrification of transportation. Such contributions make it an important entity in the ongoing global energy transformation landscape, as industries and societies strive for reduced carbon footprints and enhanced energy efficiency.

About

CEO
Mr. David Somo
Employees
16
Address
5508 Highway 290 West
Suite 120
Austin, 78735, TX
United States
Phone
512 264 1542
Website
Instrument type
Common stock
Sector
Technology
Industry
Semiconductors
Country
United States
MIC code
XNCM
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