Ideal Power Inc (IPWR)

[electricuniverse]

May be the most significant power semiconductor since the IGBT...

"Given the performance predictions for this new power switch topology, the B-TRAN may be the most significant new type of power semiconductor since the introduction of the IGBT," says Dr. Richard Blanchard, a B-TRAN co-inventor and holder of over 200 patents primarily related to power semiconductors including the widely used trench MOSFET.

I didn't really know if this "most significant since IGBT" amounted to a hill of beans, so I did a little research.
Apparently ipwr may have stumbled across the Golden Goose and her eggs.

Here is the link to the guy who invented the IGBT, and how significant the IGBT is to power electronic applications.

link

From the article...

"Every equipment from your refrigerator to lights to motor vehicles has the need to use energy efficiently. If you take away the IGBT today, almost everything will come to a standstill,” Baliga told IANS on the eve of receiving the award in St. Petersburg, which was to be presented by Russian President Vladimir Putin on Friday.

Professor Baliga, who now teaches at the North Carolina university as “distinguished university professor,” said the invention has possibly saved the world around $24 trillion by raising energy efficiency.

He said every motor today is at least 40 percent more efficient, the light bulb like the CFL is better by almost 75 percent and a motor vehicle saves over 10 percent fuel because of his invention.