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Ideal Power Inc. develops and commercializes innovative power semiconductor technology, focusing on bidirectional bipolar junction transistors (B-TRAN). Its core products include power modules for energy storage, electric vehicles, and industrial applications. The company leverages strategic partnerships, licensing, and product sales to target markets such as renewable energy, EVs, and grid modernization, offering high-efficiency, bidirectional switching solutions to improve power conversion performance.
This description was generated via AI from an annual report. Updated about 1 year ago.