Ideal Power Inc at Precious Metals Summit Planet Microcap Showcase Transcript
Thank you all for coming. Now presenting Tim Burns with Ideal Power.
All right. So our technology at Ideal Power is what we call the B-TRAN. It is a disruptive power semiconductor technology that has pretty significant advantage over conventional power systems like IGBTs in many markets. B-TRAN has the potential to displace conventional power semiconductor technologies in a pretty significant, large, and growing market with some macro trends behind them, things like electric vehicles, renewable energy, energy storage, and solid-state circuit breakers as well as [motors].
We introduced our first commercial product here earlier this year in January, and we expect our first commercial sales of that product here later this year.
Our business model is asset-light fab-less business model. We leverage the existing silicon infrastructure that's already out there. So we just have a core technical team, a testing lab, and a small outward-facing business development team as part of the
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