Ideal Power reports Q2 2026 results, advances B-TRAN work and foundry agreement
Ideal Power said it reported second-quarter 2026 results, advanced its B-TRAN commercialization efforts and announced upcoming investor events.
Ideal Power said Aug. 13 that it reported second-quarter 2026 results and advanced two B-TRAN-related efforts: a low-current solid-state circuit breaker project and a long-term wafer foundry supply agreement.
The Austin, Texas-based company said it is working with customers and manufacturing partners in industrial, automotive and data center applications.
President and CEO David Somo said the company advanced a low-current solid-state circuit breaker project with its lead customer in Asia. He also said Ideal Power moved ahead on a co-development effort with an industry partner for a B-TRAN-enabled solid-state circuit breaker prototype intended for evaluation by a U.S. hyperscaler supporting the NVIDIA Rubin Ultra 800V DC AI data center power distribution architecture.
Ideal Power said engagements have broadened to several regional and multinational customers across multiple markets. The company said it entered into a long-term supply agreement with a high-volume wafer foundry after initial discussions began in the first quarter.
The company said the foundry has already fabricated functional B-TRAN first silicon. It said the foundry has capacity to support high-volume industrial and automotive customers over the long term and is at a cost that Ideal Power believes supports targeted gross margins at scale.
Ideal Power said B-TRAN is intended to offer lower conduction losses, improved efficiency and simpler design, control and diagnostics for solid-state power systems. The company said potential uses include solid-state circuit breakers, static transfer switches, battery disconnect units and EV contactors in data centers, industrial power systems, energy grid and storage systems, and electric vehicles and charging infrastructure.
The company said it will hold a conference call on Thursday, Aug. 13, 2026, at 10:00 a.m. Eastern time to discuss the results. It said the live webcast and interactive Q&A will be available on its Investor Relations Events tab. Ideal Power also said an audio replay will be available until midnight on Aug. 27.
The company said it plans to participate in the iAccess Alpha Best Ideas Virtual Fall Investment Conference on Sept. 15-16, 2026. It said its presentation webcast is scheduled for Sept. 15 at 11:00 a.m. Eastern time and one-on-one investor meetings are set for Sept. 16.
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