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Ideal Power

Austin, Texas, United States · Energy, Manufacturing, Renewable Energy · 24 employees

Ideal Power (Nasdaq: IPWR) is the developer and innovative provider of its broadly patented bidirectional semiconductor power switch, creating highly efficient and ecofriendly energy control solutions for electric vehicle, electric vehicle charging, renewable energy, energy storage, UPS/data center, solid-state circuit breaker and other industrial and military applications. The Company is focused

Funding history

  • Series public offering — $12.3M — Feb 2026
  • Funding Round — $15.0M — Mar 2017

Recent signals

  • Jun 03, 2026: SEC 8-K (5.02): On June 3, 2026, Ideal Power Inc. held its 2026 Annual Meeting of Stockholders, during which stockholders approved an amendment to the Amended & Restated Ideal Power Inc. 2013 Equity Incentive Plan. The amendment included increasing the number of authorized shares under the plan by 800,000 shares, modifying terms related to repricing, repurchase or cancellation of options without stockholder approval, and extending the plan's term to June 3, 2036. The plan became effective immediately upon approval, allowing for a more flexible and expansive equity incentive strategy going forward.
  • May 14, 2026: SEC 8-K (1.01): On May 14, 2026, Ideal Power Inc. entered into a securities purchase agreement with certain investors for the offering of 3,220,961 shares of common stock and pre-funded warrants to purchase an additional 2,070,044 shares. The securities purchase agreement was made in connection with the offering that closed on May 18, 2026, resulting in gross proceeds of approximately $30.0 million. The Pre-Funded Warrants have an exercise price of $0.001 per share and are immediately exercisable. This strategic financing is expected to enhance Ideal Power’s capital resources for future growth initiatives.
  • Feb 25, 2026: Raised $12.3M in Series public offering
  • Feb 23, 2026: SEC 8-K (1.01): On February 23, 2026, Ideal Power Inc. entered into an Underwriting Agreement with Titan Partners Group LLC for an underwritten public offering of 3,505,855 shares of the Company's common stock and pre-funded warrants to purchase an additional 952,881 shares. The expected gross proceeds from the offering are approximately $12.3 million. The Pre-Funded Warrants have an exercise price of $0.001 per share and will expire when exercised in full. This agreement signifies a strategic step for the company to enhance its capital structure as it continues to grow.
  • Nov 03, 2025: Ideal Power Inc. Appoints David Somo as President and Chief Executive Officer
  • Nov 20, 2024: Ideal Power partners with global automaker and Tier 1 supplier to advance B-TRAN technology in EVs
  • Aug 08, 2024: Ideal Power Announces Global Distribution Agreement with RYOSHO U.S.A.
  • Mar 20, 2017: Raised $15.0M

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