IPWR Ideal Power, Inc. develops and sells power converter solutions for commercial and industrial grid storage, electric vehicle charging, and photovoltaic generation. The company's principal products include battery converters and photovoltaic inverters. It offers two products, including a 30kW photovoltaic inverter for the photovoltaic market and a 30kW battery converter for the distributed grid energy storage market. The company is focused on licensing its proprietary power conversion Power Packet Switching Architecture, a universal power conversion technology to original equipment manufacturers. Ideal Power, Inc. was formerly known as Ideal Power Converters Inc. and changed its name to Ideal Power, Inc. in July 2013. The company was founded in 2007 and is based in Spicewood, Texas.
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