Ideal Power Inc. Earnings Recaps
Q3 2025
Nov 14, 2025
Ideal Power's third quarter 2025 results showcase strategic momentum with key customer engagements and a new CEO focused on accelerating revenue growth in high-potential markets.
Key takeaways
- Secured a significant purchase order from Stellantis for custom B-TRAN devices aimed at multiple EV applications, with the first milestone completed.
- Anticipate a multiyear EV contactor program with Stellantis, potentially deploying B-TRAN technology in test vehicles by late 2026.
- Engaged in preliminary discussions with a sixth global automaker for next-generation high-voltage EV applications using B-TRAN.
- Successfully completed tests with a design win customer on updated solid-state circuit breakers, moving towards final product design and sampling.
- Continued shipment of solid-state circuit breaker reference designs to major global players, enhancing commercialization efforts for B-TRAN technology.