Ideal Power announces distribution agreement with Sekorm Advanced

Ideal Power announces an agreement with Sekorm Advanced Technology Co. for the distribution of Ideal Power’s products throughout China. “This is a significant development in the commercialization of our B-TRAN(TM) 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(TM) 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.