Ideal Power just announced a global distribution partnership with RYOSHO
Ideal Power Inc. (Nasdaq: IPWR), an innovator in semiconductor power switch technology, has announced a strategic agreement with RYOSHO U.S.A., Inc., a subsidiary of RYODEN CORPORATION, for the global distribution of its B-TRAN technology. RYOSHO has placed initial orders from a large global customer interested in utilizing Ideal Power’s products for solid-state circuit protection applications.
This partnership marks a significant step in Ideal Power’s commercialization strategy by expanding its distribution network with a second major distributor. RYOSHO, known for its technical sales expertise and strong market presence, especially in Asia, is expected to enhance the reach of Ideal Power’s B-TRAN technology. Ideal Power’s CEO, Dan Brdar, highlighted the importance of this collaboration, noting that RYOSHO’s expertise in securing sales for new technologies will help secure additional orders and potentially lead to design wins and custom development agreements.
Ideal Power’s asset-light business model focuses on leveraging existing silicon processing and distribution infrastructure, allowing the company to concentrate on advancing its B-TRAN technology without significant capital investment. This strategy aligns with the growing demand for efficient semiconductor solutions across various industries.
The B-TRAN bidirectional semiconductor power switch offers significant advantages over traditional power switches, including higher efficiency and cost-effectiveness. It is designed for applications requiring solid-state circuit protection and aligns with global trends toward more sustainable energy solutions.
Through this partnership, Ideal Power aims to capitalize on the expanding global market for advanced semiconductor power solutions. By collaborating with RYOSHO, Ideal Power is well-positioned to accelerate the adoption of B-TRAN technology and expand its market presence across key industries, including automotive, energy, and industrial applications.
In summary, the partnership with RYOSHO strengthens Ideal Power’s global distribution capabilities and underscores its commitment to commercializing its innovative B-TRAN technology. This collaboration is expected to drive growth and innovation, positioning Ideal Power as a leader in the semiconductor industry’s transition toward more efficient and sustainable power solutions.