Dan's Biz Bookshelf: 'Revenge of the Tipping Point'
Marcy's Musings: Engineering Economics
Punching Out: Should You Sell Your Company to a Private Equity Firm?
Ideal Power Announces Distribution Agreement with Sekorm Advanced Technology (Shenzhen)
September 23, 2024 | PRNewswireEstimated reading time: 1 minute
Ideal Power Inc., pioneering the development and commercialization of the highly efficient and broadly patented B-TRAN™ bidirectional semiconductor power switch, today announces an agreement with Sekorm Advanced Technology (Shenzhen) Co., Ltd. for the distribution of Ideal Power's products throughout China.
"This is a significant development in the commercialization of our B-TRAN™ technology as we add Sekorm as a third distributor for our products. Sekorm stands out for their expertise in demand creation throughout China, strong technical sales capability and securing sales for new technologies. This leading demand-creation distributor addresses B-TRAN™ target industrial and automotive markets in China, the world's largest market for power semiconductors. We look forward to collaborating with Sekorm to secure orders that may potentially lead to design wins and/or custom development agreements," said Dan Brdar, President and Chief Executive Officer of Ideal Power.
Ideal Power has agreements with three distributors with demand generation expertise and comprehensive customer networks that expand our global reach: Richardson Electronics, Ltd. for global distribution of Ideal Power's products; RYOSHO U.S.A, INC. ("RYOSHO"), a subsidiary of RYODEN CORPORATION (TSE: 8084), for the global distribution of Ideal Power's products with particular strength in Japan; and Sekorm Advanced Technology (Shenzhen) Co., Ltd. for distribution of Ideal Power's products throughout China.
Ideal Power utilizes an asset-light business model leveraging the large investment already made in silicon processing, distribution, demand creation and support infrastructure. This business model allows the Company to continue focusing on disruptive B-TRAN™ technology improvements and commercialization while driving working capital efficiency.
Share on:
Suggested Items
Quectel Introduces New 5G, 4G, Wi-Fi and LoRa IoT Antennas
10/10/2024 | BUSINESS WIREQuectel Wireless Solutions, a global IoT solutions provider, today announces the launch of a series of new antennas to further expand the global antenna offering for Quectel customers.
Menlo Microsystems Awarded Defense Innovation Unit Contract to Develop Advanced Circuit Breakers for Defense Systems
08/06/2024 | Menlo MicrosystemsMenlo Microsystems Inc. (Menlo Micro), the company responsible for bringing its Ideal Switch® technology to market, has been awarded a contract by the Department of Defense’s (DoD) Defense Innovation Unit (DIU). Menlo Micro will develop a first of its kind, high-current advanced circuit breaker for power distribution for the Naval Nuclear Propulsion Program’s Advanced Technology Innovation Pipeline (ATIP) Program. Menlo Micro was selected from a field of companies competing for the contract through DIU’s rigorous vendor selection process.
AIM Debuts New NC259FPA Ultrafine No Clean Solder Paste
11/30/2023 | AIMAIM Solder, a leading global manufacturer of solder assembly materials for the electronics industry, is pleased to announce its new NC259FPA Ultrafine No Clean Solder Paste, which it revealed recently during the Productronica Germany trade show.
YINCAE Launches Snap Cure, Highly filled,100% No-Clean Flux Residue Compatible Underfill: UF 120HA
06/23/2023 | YINCAEYINCAE, a leading manufacturer of electronic materials, has announced the launch of its new product, UF 120HA. The innovative underfill material is specifically designed to provide a fast flow, lower-temperature cure for high-throughput applications and is 100% compatible with all no-clean flux residue.
KP Performance Antennas Launches New Line of RET Antennas
06/09/2023 | KP Performance AntennasKP Performance Antennas, an Infinite Electronics brand and a manufacturer of wireless network antennas, has announced the launch of a new line of remote electrical tilt (RET) antennas for wireless communication networks.