Ideal Power announces a global distribution partnership with RYOSHO for its products. A sizable international client interested in the company’s solutions for solid-state circuit protection applications has already placed orders with Ideal Power through RYOSHO, revelaed its official release.
Ideal Power leverages the significant investments previously made in silicon processing, distribution, demand generation, and support infrastructure by using an asset-light business model.
With this business model, the company may minimize capital requirements and continue to focus on innovative B-TRAN technological improvements and commercialization.
“This is a significant development in the commercialization of our B-TRAN™ technology as we add a second distributor for our products. RYOSHO has a strong technical sales team with expertise in securing sales for new technologies and global reach, with particular strength in Asia. We look forward to collaborating with RYOSHO to secure additional orders that may potentially lead to design wins and/or custom development agreements,”said Dan Brdar, President and Chief Executive Officer of Ideal Power.