Ideal Power (IPWR) Completes Phase II of Development Program with Stellantis

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Go back to Ideal Power (IPWR) Completes Phase II of Development Program with Stellantis

Ideal Power Successfully Completes Phase II of Development Program with Stellantis

February 22, 2024 9:22 AM EST

AUSTIN, TX / ACCESSWIRE / February 22, 2024 / Ideal Power Inc. ("Ideal Power," the "Company," "we," "us" or "our") (NASDAQ: IPWR), pioneering the development and commercialization of the highly efficient and broadly patented B-TRAN" bidirectional semiconductor power switch, today announced the successful completion of Phase II deliverables of a product development agreement with Stellantis, a top 10 global automaker.

Ideal Power is partnering with Stellantis' advanced technology development team to develop a custom B-TRAN" power module for use in electric vehicle ("EV") drivetrain inverters in Stellantis' next generation EV... More