GBA Presents: RADIO SAVANT-!

hummmmmmmmm

they report mon!

Ideal Power (NASDAQ:IPWR)+16.3%in Monday's trading after saying it has entered into aproduct development agreement with a "top 10 global automaker" for a custom B-TRAN power module for use in electric vehicle drivetrain inverters in its next generation EV platform.

Ideal Power (IPWR) said it was selected for the program because "B-TRAN potentially offers significant EV inverter efficiency improvements while using the established silicon supply chain, which will offer cost advantages over competing technologies that rely on high-cost materials like silicon carbide."

Under the development program, Ideal Power (IPWR) also will collaborate with an "innovative packaging company" that will produce the custom B-TRAN modules.

The delivery of production-ready B-TRAN-based modules is targeted for 2025, the company said.
 
stonedinvestor said:
with a "top 10 global automaker"
More...
Certainly a strong endorsement of their chips, I just wonder who the automaker is. It could be someone like Lucid, ie 6000 vehicles estimated in 2023.

Assuming their legal dept. vetted that release...


Top 10 Biggest Car Companies in the World:
1. VOLKSWAGEN
Revenue: $263.6 billion
2. TOYOTA
Revenue: $258.7 billion
3. DAIMLER
Revenue: $182.5 billion
4. FORD
Revenue: $127.1 billion
5. HONDA
Revenue: $125.2 billion
6. GENERAL MOTORS
Revenue: $122.5 billion
7. BMW
Revenue: $117.1 billion
8. SAIC
Revenue: $107.6 billion
9. STELLANTIS
Revenue: $104.8 billion
10. HYUNDAI
Revenue: $93.2 billion

Hyundai is #10, and they sold 4.9M vehicles last year.

I mean this could be a huge deal Stoney, albeit it only applies to (whatever automaker's) EV line.

I don't think these earnings will be much of a catalyst, as the analysts will all be focusing on their future prospects.

Funny... this was another of the rare GBA stocks that received the vaunted VZ/Stoney 2 thumbs up.
 
This looks interesting...

Daseke deal to buy back founder's stock done 'at great terms,' says Craig-Hallum 14:17 DSKE After Daseke announced an agreement to repurchase founder and former CEO Don Daseke's 17.9M shares, or 29% of the outstanding shares, Craig-Hallum analyst Ryan Sigdahl called this "a well-structured deal" for the company and shareholders that is "highly accretive" and being done "at great terms" for the company. The deal is also structured to keep financial flexibility, said Sigdahl, who has a Buy rating and $14 price target on Daseke shares.
 
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