First Design Win for Solid-State Circuit Breakers
Secured first design win with one of Asia's largest circuit protection equipment manufacturers, ahead of schedule for prototype completion and commercial sales later in 2025.
Order for SimCool IQ Intelligent Power Modules
Received an order for SimCool IQ modules targeting renewable energy, energy storage, EV charging, and data centers, opening a $1.4 billion serviceable addressable market.
New Program with Stellantis for EV Contactors
Stellantis to award an additional program for B-TRAN-enabled EV contactors, accelerating revenue timeline and complementing existing inverter program.
Positive Automotive Qualification Testing
Began third-party automotive qualification and reliability testing with zero die failures to date, expected to complete later this year.
Expanding Technology Pipeline and Partnerships
Engagement with several tier-one auto suppliers and global automakers, and expanding distribution network with new orders from China.