This is a big deal:
AUSTIN, Texas, Jan. 25, 2023 (GLOBE NEWSWIRE) -- Ideal Power Inc. (“Ideal Power” or the “Company”) (Nasdaq: IPWR), pioneering the development and commercialization of the highly efficient and broadly patented B-TRAN™ bidirectional semiconductor power switch, today announced the launch of its first commercial product, the SymCool™ Power Module. This multi-die B-TRAN™ module, rated at 1200V 100A and incorporating double-sided cooling, is designed to meet the very low conduction loss needs of the solid-state circuit breaker (SSCB) market. Modules can be paralleled to achieve a wide range of high power SSCB ratings for utility, industrial and military applications.
“The introduction of our first commercial product marks a pivotal development for Ideal Power’s B-TRAN™ technology, and we could not be more excited,” stated Dan Brdar, President and Chief Executive Officer of Ideal Power. “The SymCool™ Power Module was designed specifically to enable SSCBs to deliver very low conduction losses. B-TRAN™-enabled SSCBs are expected to be smaller and more efficient than SSCBs using traditional semiconductor switches while operating orders of magnitude faster than conventional electromechanical breakers.
“We believe our SymCool™ Power Module is well-suited for the large, growing circuit breaker market, with the market projected to grow at a compound annual growth rate (CAGR) of over 6% to approximately $26 billion by 2027. With clear advantages over electromechanical, IGBT and MOSFET-based breakers, we believe B-TRAN™ enabled SSCBs are ideal for a range of utility, military and industrial power control applications. Today’s introduction is a tremendous achievement for our entire team and marks the realization of our vision for our bidirectional, low loss power semiconductor architecture. We look forward to our first commercial sales later in 2023 as we execute our B-TRAN™ product roadmap,” concluded Brdar.
Key advantages of the SymCool™ Power Module include: