Ideal Power Inc at HC Wainwright Investment Conference - New York Transcript

Sep 11, 2023 / 07:30PM GMT
Zachary Berman - H.C. Wainwright & Co. - Analyst

Good afternoon, everyone, and thank you for joining the H.C. Wainwright 25th Annual Global Investment Conference on September 11 through September 13, 2023. My name is Zachary Berman and I'm an investment banking analyst at H.C. Wainwright. I'd like to introduce our next presenter, Tim Burns, who is the Chief Financial Officer of Ideal Power.

Tim Burns - Ideal Power Inc. - CFO

Thank you. I'll get right into the story. Our technology is what we call the B-TRAN. It's a disruptive semiconductor architecture. It has compelling advantages over conventional technologies such as IGBTs, and it's really focused on some very large and growing target markets. Things like electric vehicles, electric vehicle charging, renewables paired with energy storage, standalone energy storage, motor drives, solid-state circuit breaker, and other industrial applications.

We introduced our first commercial product earlier this year, that's what we call the SymCool Power Module. It's a multi-die module targeted at the solid

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