Ideal Power Inc (IPWR)

[ynotcookit]

I wonder why the customer's name was not revealed.

My 1st guess would be Gexpro, since if I remember correctly, they placed a 5MW order 3 months ago, for which the market took a loud, drawn-out yawwwnnnn. If so, the 3-fold expansion in a few months would indicate meaningful traction going forward from just one source.

Alternatively, I would second-guess that, because IPWR revealed their name on the previous order, but not this time -- and why would that be? Soooo, my 2nd guess would be Enerdell, given that today's PR indicated Hawaii as one of the destinations, which is a haven for micro-grids, one of Enerdell's speciality areas.

Either way, the market seemed to be more engaged with the news than previously, or at least since the secondary offering.