Ideal Power, Inc. (NASDAQ: IPWR) is a designer and manufacturer of advanced power conversion systems aimed at supporting the global transition to clean energy. The company’s core technology is its proprietary Power Packet Switching Architecture (PPSA), which enables highly efficient, bidirectional DC-to-DC and DC-to-AC power conversion. Ideal Power’s solutions are engineered to serve applications in stationary energy storage, microgrids, solar and wind power integration, as well as fast-charging infrastructure for electric vehicles.
The company’s flagship products include modular bi-directional converters and solid-state transformers that leverage PPSA, together with SoftSwitching techniques to reduce switching losses and thermal stress. These products are offered in a range of power ratings, from small-scale units for residential and commercial energy storage systems to larger converters for utility-scale microgrid deployments. Ideal Power also provides customization and engineering support, helping customers optimize system performance, reliability and cost.
Founded in 2003 and headquartered in Austin, Texas, Ideal Power serves customers across North America, Europe and Asia. Over the years, the company has partnered with energy storage integrators, renewable project developers, electric vehicle charging network operators and research institutions to validate and deploy its technology in diverse climates and grid conditions. Ideal Power’s solutions have been tested in key markets such as California, Texas, Germany and Japan, demonstrating adaptability in both grid-tied and off-grid scenarios.
Ideal Power is led by an experienced management team with deep expertise in power electronics, semiconductor design and renewable energy systems. The company continues to invest in research and development, with a focus on enhancing system scalability, cost-effectiveness and integration with emerging energy markets. As global demand for grid modernization and decarbonization accelerates, Ideal Power aims to expand its product portfolio and strategic partnerships to support the evolution of smarter, more resilient energy infrastructures.
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