Ideal Power Secures $14 Million to Advance B-TRAN® Technology and Commercialization Efforts

Ideal Power Advances B-TRAN® Technology Through Strategic Financing

Ideal Power Inc. (Nasdaq: IPWR) announces a significant financial maneuver aimed at propelling the commercialization of its innovative B-TRAN® bidirectional semiconductor power switch. The company successfully completes an underwritten public offering, which comprises 4,458,736 shares of common stock, along with a private placement of pre-funded warrants, cumulating in anticipated gross proceeds of approximately $14 million. The participation in this offering marks a strong endorsement from Ideal Power's largest institutional shareholders, as well as contributions from insiders, including the CEO. These funds are earmarked for critical activities such as customer design-ins, custom development programs, and ramping up initial production in collaboration with strategic partners.

With its eyes set on meeting the rising demands for advanced power management solutions, Ideal Power's B-TRAN® technology offers formidable advantages over conventional methods. The semiconductor's unique bidirectional capability not only enhances power efficiency by reducing conduction losses but also simplifies the design of solid-state power solutions. This positions the technology as a suitable alternative for applications across diverse industries, such as data centers, energy grids, and electric vehicle infrastructure. Ideal Power plans to allocate the newly acquired capital for furthering these applications, alongside general corporate needs, thereby reinforcing its market positioning in an increasingly competitive landscape.

The effective execution of this offering highlights Ideal Power's strategy to solidify its financial standing and accelerate growth within the energy sector, particularly in the power conversion field. As the renewable energy market expands, Ideal Power remains committed to innovating its technologies to meet customer needs for efficient, reliable power solutions. Through its successful financing, the company not only secures immediate funding but also signals its intent to play a pivotal role in transforming energy management at a broader scale.

In addition to this financial initiative, Ideal Power announces a business update webcast scheduled for February 26, 2026. Led by CEO David Somo, the session is designed to engage equity research analysts and investors with an interactive Q&A component. This transparency underlines the company's focus on fostering open communication with stakeholders, essential for building continued trust and support in its ambitious plans.

Additionally, following the successful funding round, Ideal Power highlights its commitment to enhancing the architectural design and control capabilities of its power solutions. By directing resources towards innovative applications such as solid-state circuit breakers and static transfer switches, Ideal Power seeks to meet the evolving needs of modern energy systems, thereby laying the groundwork for sustained growth in the renewable energy sector.