Ideal Power

IPWR NASDAQ
0.4030
+0.0114
+2.91%
Closed 16:00 05/24 EDT
Open
0.3900
Prev Close
0.3916
High
0.4400
Low
0.3900
Volume
497.53K
Avg Vol (3M)
625.76K
52 Week High
1.250
52 Week Low
0.2038
% Turnover
3.38%
Market Cap
5.93M
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5D
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Company Profile

Ideal Power Inc. (Ideal Power) designs, markets and sells electrical power conversion products using its Power Packet Switching Architecture (PPSA) technology. The Company's PPSA is a power conversion technology that utilizes standardized hardware with application specific embedded software. It sells products to systems integrators for integration into their system, which enable end users to manage their electricity consumption by reducing demand charges or fossil fuel consumption, integrating renewable energy sources and form their own microgrid. It focuses on licensing PPSA-based product designs to original equipment manufacturers (OEMs) within its target markets. Its products use multiple insulated gate bipolar transistors (IGBTs), which switch power in a direction, including direct current (DC) to alternating current (AC), or AC to DC. The PPSA uses indirect power flow in which power flows through input switches, and is temporarily stored in its AC link inductor.
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