![](http://investorshub.advfn.com/images/default_ih_profile2_4848.jpg?cb=0)
Tuesday, November 10, 2015 5:40:21 PM
Backlog as of yesterday is 22MW (so including the 14.5MW recently PR'd)
power conversion market today is $50bn, will be $70bn by 2020
BESS payback is typically 3-5 years
project financing is a key enabler for turn-key solutions, most partners that don't have it already are working on adding it
GexPro just added this, and will soon announce their "Fortune500 partner" to cover project financing for their clients
will announce "additional channel partners in the coming weeks, and their names will be familiar to those who follow this market"
expect 125kW units to be the majority of the backlog from now on
a new customer in Asia will be announced by EOY
Asia TAM will likely rival that of the US, but not for another couple of years
Solar integrators are adding BESS to their mix, and expected to start placing orders soon. They bring an existing pipeline of business to the table.
Took a multi-unit order from Enerdell for mobile power military app
Boeing project for distributed generation: testing done, customer demo in Q4
VFD demo underway at UofTexas (doing a direct comparison with world leader in VFD). Results of that will impact their go-to-market strategy
First EU B-TRAN patent expected tomorrow
No need to raise capital .. orders are "self funding"
4 firms covering IPWR now (incl C. Hallum, Roth, and recently Oppenheimer)
Have "IP licensing discussions underway with another potential licensee with significant market opportunity", may be several months before this closes, if at all.
Will seek Australian certification in early 21016 -- see much C&I opportunity there
BTRAN: initial results expected in early 2016, getting more excited about its potential as they progress.
Some of the new/forthcoming partners will rival GexPro in terms of their order pipeline
Recent IPWR News
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 05/15/2024 03:19:20 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 05/15/2024 01:25:16 PM
- Richardson Electronics, Ltd. Announces Global Distribution Agreement with Ideal Power • GlobeNewswire Inc. • 03/18/2024 01:20:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 02/29/2024 02:25:11 PM
- Form SC 13G/A - Statement of acquisition of beneficial ownership by individuals: [Amend] • Edgar (US Regulatory) • 02/14/2024 08:26:50 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 01/04/2024 11:20:29 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 01/04/2024 11:19:24 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 01/04/2024 11:18:16 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 12/27/2023 09:07:44 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 08/11/2023 10:04:02 AM
- Form 8-K - Current report • Edgar (US Regulatory) • 08/10/2023 01:25:23 PM
Last Shot Hydration Drink Announced as Official Sponsor of Red River Athletic Conference • EQLB • Jun 20, 2024 2:38 PM
ATWEC Announces Major Acquisition and Lays Out Strategic Growth Plans • ATWT • Jun 20, 2024 7:09 AM
North Bay Resources Announces Composite Assays of 0.53 and 0.44 Troy Ounces per Ton Gold in Trenches B + C at Fran Gold, British Columbia • NBRI • Jun 18, 2024 9:18 AM
VAYK Assembling New Management Team for $64 Billion Domestic Market • VAYK • Jun 18, 2024 9:00 AM
Fifty 1 Labs, Inc Announces Acquisition of Drago Knives, LLC • CAFI • Jun 18, 2024 8:45 AM
Hydromer Announces Attainment of ISO 13485 Certification • HYDI • Jun 17, 2024 9:22 AM