Ideal Power Secures Pivotal Design Win for Solid-State Circuit Breakers

Ideal Power (NASDAQ: IPWR), a pioneer in energy-efficient semiconductor power switches, announced a significant breakthrough today by securing its first design win for solid-state circuit breakers (SSCBs). This collaboration is with one of Asia’s largest circuit protection equipment manufacturers, a leader in serving industrial and utility markets.

This milestone agreement marks the beginning of a joint development project to integrate Ideal Power’s patented B-TRAN® technology into SSCB products. With the project slated for completion by Q2 2025 and commercial sales expected to follow, the venture opens the door to substantial revenue potential for Ideal Power. Initial projections suggest revenues could reach several hundred thousand dollars in the first year of sales and surpass $1 million in the second year.

Moreover, the partnership positions Ideal Power as a key player in the solid-state switchgear market, with the customer intending to incorporate B-TRAN® across a suite of SSCB products with varying performance ratings. Ultimately, the collaboration could lead to sales of up to one million units annually, according to the customer’s forecasts.

Driving Innovation in Circuit Protection

The collaboration builds on Ideal Power’s innovative B-TRAN® technology, which stands out for its ultra-low conduction losses and inherent bidirectionality. These attributes make it a preferred alternative to silicon carbide (SiC) MOSFETs for SSCB applications, as evidenced by the customer’s decision to select B-TRAN® after extensive evaluation.

The customer, an established leader with a decades-long history of innovation, produces over 200,000 circuit breakers annually for the Asian market. Their product portfolio targets key applications, including renewable energy, industrial circuit protection, utility grid infrastructure, and power distribution. Their initial B-TRAN®-enabled SSCB product will focus on grid-tied solar systems, energy storage equipment, and utility electric distribution networks.

Beyond this initial launch, the collaboration holds potential for expanding B-TRAN® integration into data centers, lighting systems, air conditioning, electric vehicles (including vehicle-to-grid solutions), and other advanced energy storage technologies.

A Game-Changer for Solid-State Circuit Breakers

B-TRAN® technology represents a paradigm shift in SSCBs by offering performance advantages over both electromechanical and silicon-based alternatives. Compared to traditional electromechanical breakers, B-TRAN®-enabled SSCBs operate at speeds that are orders of magnitude faster, providing programmability, diagnostic capabilities, and enhanced safety and reliability.

For solid-state SSCBs, B-TRAN® delivers reduced conduction losses and eliminates the need for additional devices due to its bidirectionality. These benefits create a compelling value proposition for industries transitioning to advanced energy management systems, particularly in renewable energy, industrial automation, and utility infrastructure.

“Today’s design win is a milestone representing significant validation of B-TRAN® as an enabling technology for SSCBs and a catalyst for our revenue ramp in industrial markets,” said Dan Brdar, President and CEO of Ideal Power. “We will leverage this win to secure additional design wins with other SSCB customers in the coming months, driving long-term value creation for our shareholders.”

Tapping Into a $1 Billion Market Opportunity

The partnership highlights the broader potential of B-TRAN® in the $1 billion solid-state switchgear market, which includes SSCBs. Ideal Power’s focus on industrial, utility, and military applications positions the company to address a growing demand for energy-efficient and reliable circuit protection solutions.

As global markets shift toward renewable energy and electrification, technologies like B-TRAN® are set to play a critical role in enabling safer, faster, and more efficient energy management. This design win not only validates Ideal Power’s technological leadership but also strengthens its position as a key innovator in the transition to a sustainable energy future.

Looking Ahead

The success of this initial partnership could set the stage for Ideal Power to expand its footprint in the SSCB market. With its technology poised to redefine circuit breaker performance standards, the company is well-positioned to capitalize on emerging opportunities in the energy, industrial, and utility sectors.

As Ideal Power builds momentum, the B-TRAN® platform may unlock new avenues for partnerships and revenue streams, further solidifying the company’s role as a leader in advanced semiconductor solutions.

In conclusion, Ideal Power’s first design win for SSCBs represents a major step forward in its mission to deliver next-generation power management technologies. By aligning with an industry leader in circuit protection, the company is paving the way for broader adoption of B-TRAN® technology, signaling a bright future for Ideal Power and its stakeholders.

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