Sep. 2 at 12:07 AM
$IPWR CEO claiming that
$STLA has approved an order for an significant expansion of the use of B-TRAN in upcoming Stellantis EVs. From LinkedIn post a week ago:
"The shift to high-efficiency, bidirectional power solutions is accelerating - and Ideal Power is leading the way. Ideal Power is advancing quickly in EV and industrial markets as our first design win customer is completing B-TRAN®-enabled SSCB prototype testing ahead of an expected product rollout later this year.
Other highlights:
✔ Stellantis approved an order for custom B-TRAN® devices targeting multiple EV applications
✔ Collaborations with 4th and 5th global Tier 1 automotive suppliers
✔ New distribution partnership with Taiwan’s Kaimei Electronic Corp
✔ 96 issued patents spanning major global markets"
If the 4th largest global automaker and five Tier-1 suppliers are adopting B-TRAN, then how much longer will shares be available with a
$5 handle?
