Ideal Power CEO Daniel Brdar joined Steve Darling from Proactive to discuss the company’s fourth-quarter and full-year 2024 financial results, highlighting significant progress in its B-TRAN® technology and growth strategy for 2025. Brdar emphasized that Ideal Power’s first design win for B-TRAN® in solid-state circuit breakers (SSCBs) marks a critical milestone, validating the technology’s potential and setting the stage for a revenue ramp beginning in the second half of 2025. Based on customer projections, the initial B-TRAN®-enabled product could generate hundreds of thousands of dollars in revenue in its first year, with the potential to exceed $1 million in the second year. The company anticipates that its OEM partner will expand its SSCB offerings, further increasing revenue opportunities. He shared that a recent program review with Stellantis delivered positive feedback, opening the door to a new program focused on EV contactors. Beyond this initial success, Ideal Power aims to secure additional SSCB design wins with major customers in the coming months, driving long-term value creation. Additionally, the company reported a multi-unit order for its SymCool® IQ intelligent power module, targeting the fast-growing renewable energy, energy storage, and EV charging markets. Looking ahead, key catalysts for 2025 include, completing key deliverables for its first design win in the first half of the year, capturing additional design wins and securing new custom development agreements. The company will also initiate a revenue ramp in the second half of 2025 while also enhancing product capabilities, including increasing the current rating of its B-TRAN® technology. #proactiveinvestors #idealpowerinc #nasdaq #ipwr #EVTechnology #DanielBrdar #Stellantis #SemiconductorInnovation #SymCool #ElectricVehicles #BTRAN #EnergyStorage #ProactiveInvestors