Ideal Power Lands Stellantis EV Order
Ideal Power(NASDAQ:IPWR) reported second quarter 2025 results on August 14, delivering notable progress in design wins and high-profile collaborations while reaffirming a significant near-term transition to initial commercial revenue. Cash burn from operating and investing activities totaled $2.5 million in Q2 2025, and the company held $11.1 million in cash as of June 30, 2025, no debt, and management signaling a 2025 revenue ramp anchored by industrial and automotive opportunities.
In Q2 2025, the company completed third-party automotive prequalification reliability testing of its B-TRAN (bidirectional bipolar junction transistor) devices without a single test failure, exceeding key reliability thresholds. To strengthen customer confidence, management highlighted that B-TRAN devices passed 50,000 power cycles—more than three times the 15,000-cycle requirement for automotive qualification.
This test outcome materially de-risks adoption in automotive and industrial markets by validating long-term device reliability, positioning Ideal Power’s B-TRAN technology as a compelling alternative to legacy silicon carbide and IGBT (insulated-gate bipolar transistor) solutions.
Source Fool.com
