Ideal Power Inc. Company Profile
NASDAQ: IPWRTechnologySemiconductorsUSD
At close: Oct 8, 4:00 PM ET · Delayed 15 min
Ideal Power at a glance
Ideal Power Inc. (NASDAQ: IPWR) is a Semiconductors company in the Technology sector headquartered in Austin, TX. Ideal Power is led by Mr. David Somo and employs about 17 people. The company's shares have traded publicly since 2013.
At a market capitalization of $60.6 million, it is considered a small-cap company. Its SEC Central Index Key (CIK) is 0001507957, which identifies the company's filings on EDGAR.
Summary generated from market data by MetaCap's automated system. Methodology
What does Ideal Power do?
Ideal Power Inc. focuses on the development and commercialization of its bidirectional bipolar junction TRANsistor solid-state switch technology. The company offers SymCool Power Module designed to meet low conduction loss needs of the solid-state circuit protection and EV contactor markets. It serves electric and hybrid electric vehicles, electric vehicle charging, renewable energy and energy storage system uninterruptible power supplies, industrial motor drives, solid-state transformers, power distribution and transmission switches, and other industrial and defense markets. The company was formerly known as Ideal Power Converters Inc. and changed its name to Ideal Power Inc. in July 2013. The company was incorporated in 2007 and is headquartered in Austin, Texas.
Business description based on the company's public filings.
Company information
- Legal name
- Ideal Power Inc.
- Ticker
- NASDAQ: IPWR
- Sector
- Technology
- Industry
- Semiconductors
- CEO
- Mr. David Somo
- Employees
- 17
- Headquarters
- 5508 Highway 290 West, Austin, TX, United States
- Phone
- 512 264 1542
- Website
- idealpower.com
- IPO year
- 2013
- Market cap
- $60.64M
- SEC CIK
- 0001507957
- Latest annual report
- 10-K · Mar 27, 2026
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