Ideal Power Inc. (Ideal Power), incorporated on July 15, 2013, designs, markets and sells electrical power conversion products using its Power Packet Switching Architecture (PPSA) technology. The Company's PPSA is a power conversion technology that utilizes standardized hardware with application specific embedded software. The Company sells its products to systems integrators for integration into their system, which enable end users to manage their electricity consumption by reducing demand charges or fossil fuel consumption, integrating renewable energy sources and form their own microgrid. The Company focuses on licensing its PPSA-based product designs to original equipment manufacturers (OEMs) within its target markets. Its products use multiple insulated gate bipolar transistors (IGBTs), which switch power in a direction, including direct current (DC) to alternating current (AC), or AC to DC.
The PPSA uses indirect power flow in which power flows through input switches, and is temporarily stored in its AC link inductor. Its fast switching algorithms enable the transfer of quantum packets of power between ports in its system. The Company sells approximately five power conversion products utilizing its PPSA technology. The Company's products include 30kW Battery Converter for the commercial and industrial grid-tied distributed energy storage market; 30kW Grid-Resilient AC-DC Power Conversion System (PCS), which is capable of power conversion in approximately 50 hertz (Hz) and approximately 60 Hz AC current environments; 30kW Grid-Resilient AC-DC-DC Multi-Port PCS with approximately two DC ports enabling DC inputs, such as photovoltaic (PV) and batteries, with a power converter; 125kW Grid-Resilient AC-DC PCS for higher power applications, and 125kW Grid-Resilient AC-DC-DC Multi-Port PCS for higher power applications with multi-port capabilities. The 30kW grid-resilient AC-DC-DC multi-port power conversion system has the ability to form and manage a micro-grid, and it pairs energy storage with a distributed generation resource to support loads or allow a building to disconnect from the utility power grid. The 30kW Battery Converter is bi-directional, which means power can flow to or from batteries.
The Company competes with ABB, Ltd., Eaton Corporation plc, SMA Solar Technology AG, Schneider Electric SE and SolarEdge.
4120 Freidrich Ln Ste 100
The company trades on NASDAQ exchange. The company headquarter is located in Texas, TX. The company was established in the 2007.| Ticker | IPWR |
| Long Name | Ideal Power Inc. |
| Short Name | Ideal Power |