Ideal Power Inc (IPWR)

[tykundegex]

On the call yesterday, Brdar mentioned that their tests with VFD at the UofTexas were still on-going, and that they're using this work to determine how best to get into the VFD market with a product offering. More information expected around the end of March.

To put that sector into context, checkout slide 15 on the company's latest presentation from December, showing the expected market size for power converters by 2020, per sector:

http://content.equisolve.net/_fb278700058dbe0db1917887608b59df/idealpower/db/109/1997/pdf/IdealPower-Presentation-December2015.pdf

VFDs is $34bn, versus battery & microgrid at $2bn.

Clearly if the work they're doing at UofTexas bears fruit and they develop a competitive product for the VFD space, it's an absolute game changer for this already promising young company.