Ideal Power Reports First Quarter 2026 Financial Results

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• Ideal Power is on track to complete the Stellantis deliverables under its existing purchase order by mid-2026.

  60% confidence

• B-TRAN® is uniquely positioned to address the emerging opportunities created by the industry's transition toward next-generation, high-voltage DC power architectures.

  60% confidence

• We had a strong start to the year as we initiated two additional projects with our lead Asia customer, signed a letter of intent with an industry partner to co-develop a B-TRAN®-enabled prototype for evaluation by a U.S. hyperscaler supporting the new NVIDIA Rubin Ultra 800V DC AI data center power distribution architecture, advanced Stellantis deliverables on schedule, and engaged on new opportunities with several multinational customers.

  60% confidence

• Ideal Power currently holds 103 issued B-TRAN® patents, with 50 of those issued outside of the United States, covering North America, China, Taiwan, Japan, South Korea, India, and Europe.

  60% confidence

• B-TRAN® intelligent SSCB prototype for U.S. hyperscaler evaluation is targeted for delivery at end of Q4 2026.

  60% confidence

• Ideal Power's focus remains on converting its expanding sales funnel into production orders, revenue growth and long-term shareholder value creation.

  60% confidence

• The industry's transition toward next generation, high-voltage DC power architectures is real and in its early stages, creating what we believe will be a significant demand for advanced solid-state power solutions.

  60% confidence

• Low current SSCB prototype units expected to be available for 800V AI data center and energy grid customers in Q4 2026.

  60% confidence

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