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Operator: Good morning, ladies and gentlemen, and welcome to the Ideal Power Second Quarter 2023 Results Call. [Operator Instructions]. As a reminder, this event is being recorded.
Operator: Good afternoon, ladies and gentlemen, and welcome to the Ideal Power First Quarter 2023 Results Call. At this time, all participants are in listen-only mode.
Ideal Power Inc (NASDAQ:IPWR) has an innovative architecture that enables circuitry to be designed that is more efficient than conventional circuits.
There has become an increasing need for electric cars on the market – and, surprisingly enough, it may not just be tied in to increasing gas prices and care for the environment.