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Ideal Power announces 2024 milestones

For 2024, the Company has set or achieved the following milestones: Successfully completed Phase II of development program with Stellantis; Secure Phase III of development program with Stellantis; Complete qualification of second high-volume production fab; Convert large OEMs in our test and evaluation program to design wins/custom development agreements; Add distributors for SymCool products; Initial sales of SymCool IQ intelligent power module; Begin third-party automotive qualification testing.

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