New Ideal Power leadership focused on EV and data center applications for B-TRAN® tech

Proactive - Interviews for investors

Ideal Power CEO David Somo joined Steve Darling from Proactive to discuss the company’s third-quarter results for the period ended September 30, 2025, highlighting recent achievements and his strategic vision as he steps into the leadership role. Somo, who officially assumed the position of CEO just eight days ago, shared his early impressions and outlined plans to guide Ideal Power into its next phase of growth and commercialization. With more than 30 years of semiconductor industry experience, including senior executive roles at Advanced Micro Devices (AMD) and Onsemi, Somo brings deep operational and market expertise to the company. Describing his management approach, Somo emphasized his hands-on leadership style, stating, “I’m not coaching from up in the rafters. I like to be in the game.” He noted that Ideal Power’s culture of innovation and agility will be key as it scales production and strengthens its commercial partnerships. Somo underscored how the company’s patented B-TRAN® technology is well aligned with major global megatrends, including the shift in electric vehicle (EV) and data center architectures from 400 volts to 800 volts and growing power demands across energy grids worldwide. These changes are driving demand for more efficient, compact, and higher-performing power semiconductor devices, positioning Ideal Power to capitalize on a rapidly evolving market. Reflecting on the company’s recent momentum, Somo acknowledged the progress made under previous leadership and highlighted Ideal Power’s ongoing transition into commercialization, with multiple customer engagements currently in development. These applications span circuit protection, uninterruptible power supplies (UPS), and inverters, representing diverse opportunities across industrial and energy markets. He also stressed the importance of maintaining a global operational footprint, noting that Ideal Power continues to collaborate with customers and partners across Asia, North America, and Europe. This distributed approach supports both R&D advancement and scalable supply chain capabilities. Somo said his immediate focus will be on meeting with key stakeholders—including employees, customers, suppliers, and investors—to reinforce alignment and establish a disciplined operating cadence to support execution and accountability. Ideal Power recently achieved a design win and purchase order from Stellantis, one of the world’s largest automotive manufacturers, marking a key milestone as the company builds momentum heading into 2026. Somo concluded that these advancements mark a pivotal stage for Ideal Power, as it positions B-TRAN® as a transformative semiconductor technology driving the next generation of innovation in automotive electrification, renewable energy systems, and advanced power management. #proactiveinvestors #idealpowerinc #nasdaq #ipwr #EVTechnology #Davidsomo #Stellantis #SemiconductorInnovation #SymCool #ElectricVehicles #BTRAN #EnergyStorage #ProactiveInvestors #SolidStateCircuitBreakers #ElectricVehicles #Stellantis #EVTech #PowerElectronics #CleanEnergy #TechInnovation #ProactiveInvestors