The company forecasts a controlled cash burn while expanding its sales pipeline to over $300M for solid-state circuit breakers.
Ideal Power expects to burn $10M-$10.5M in cash during 2026 as it scales operations. The projection comes alongside efforts to grow its sales funnel to more than $300M, driven by demand for low-current solid-state circuit breakers (SSCBs).
Management highlighted progress on a key Asia customer project, targeting prototype units for 800-volt AI data centers. The company remains on track with development timelines, though no prior cash burn guidance was provided for comparison.
No immediate market reaction was disclosed in the earnings call summary.