WTR Fireside Chat Series: CEO Dan Brdar Provides an Introduction to B-TRAN™ Bi-Directional Power Switches and Addressable Markets on Thursday, April 22, 2021 at 2:00 pm EDT



KEY POINTS

On Thursday, April 22nd at 2:00 pm EDT, we will be hosting Ideal Power's CEO Dan Brdar covering an introduction to B-TRAN™ Bi-Directional power switches and addressable markets. Ideal Power Inc. (IPWR) is an innovative power semiconductor company focused exclusively on the development and commercialization of its patented Bi-directional, Bi-polar Junction Transistor (B-TRAN™) solid state switch technology. The event is open to all.

B-TRAN™ is a vertically symmetric, four-terminal, three-layer, vertical-current-flow semiconductor device that has a somewhat similar structure to an IGBT switch but also has a control switch on each side. The B-TRAN™ topology for power semiconductors is a basic but drastically different topology. It combines a MOSFET's fast, low-loss switching, an IGBT's high-current density, a Bipolar Junction Transistor’s (BJT) low forward voltage drop, and a unique bi-directionality, allowing it to be used in highly advantageous AC connection converter topologies.

You can access the Initiation of Coverage report here.

Register for the event here.

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COMPANY OVERVIEW

Ideal Power Inc. (IPWR) is an innovative power semiconductor and power conversion technology company currently focused exclusively on the development and commercialization of its patented Bi-directional, Bi-polar Junction Transistor (B-TRAN™) solid state switch technology. Commercialization of the B-TRAN™ technology is progressing well, with proof of concept completed, a B-TRAN™-enabled demonstration project underway, a customer sampling program expected in 2021, and initial B-TRAN™ sales expected in 2022. Necessary funding for technology development and working capital is already in place with the recent $21.2 million public offering.

Once commercialized, the company’s operational revenues could reach $60-$120 million assuming just a 1-2% share of the current IGBT $6.0 billion market, a market which is expected to grow to $11.0 billion by 2026 according to company sources. Initial end-use target markets for the technology include EVs, EV charging, renewables, and energy storage.

ABOUT THE EXECUTIVE
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Dan Brdar

President, Chief Executive Officer and Director

Ideal Power Inc.

Mr. Brdar has over 25 years of experience in the power systems and energy industries and has held a variety of leadership positions during his career. From 2012 through April 2018, Mr. Brdar served as Chief Executive Officer and President of Ideal Power Inc. From 2006 through 2011, he was President and CEO of FuelCell Energy Inc., a Nasdaq-listed company with a market cap of over $250 million. During his tenure, the company's revenues increased 235%, to $100 million, manufacturing production increased by over 200% and over $100 million was raised from institutional and strategic investors.

Prior to joining Ideal Power Inc., Mr. Brdar served as the Chief Operating Officer of Petra Solar, a privately held, venture funded solar and smart grid company, where he held full P&L responsibility and led a cross-functional management team across several international markets. From 1997 to 2000, Mr. Brdar held management positions, including Gas Turbine Product Manager, for GE's Power Systems Division, a world leader in power generation systems and products. Additionally, Mr. Brdar has extensive research and development experience at the U.S. Department of Energy through various roles at the National Energy Technology Laboratory in Morgantown, WV and Pittsburgh, PA. Mr. Brdar has a BS in Engineering from the University of Pittsburgh.

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