Ideal Power said its second-quarter 2026 net loss widened to $3.4 million from $3.0 million a year earlier as operating expenses rose, while the company continued pushing commercialization of its B-TRAN bidirectional semiconductor switch for solid-state circuit breakers and EV applications. The company said it is finalizing low-current SSCB (solid-state circuit breaker) prototype units for shipment later in August to its lead customer in Asia, with that customer expected to have B-TRAN-enabled SSCB prototypes available for 800V AI data center and energy grid end-customers in Q4 2026. Ideal Power also said it is working with an industry partner on an intelligent SSCB prototype planned for evaluation by a U.S. hyperscaler in the NVIDIA Rubin Ultra 800V DC AI data center power distribution architecture, with delivery targeted for the end of Q4 2026. The company highlighted a long-term supply agreement with a high-volume wafer foundry in Asia, saying the foundry has already fabricated functional B-TRAN first silicon and has capacity to support industrial and automotive customers at scale. It also reported a second shipment of next-generation custom packaged samples and development kits to Stellantis for EV applications, introduced a new 800-volt SSCB reference design kit, and said one distribution partner had placed its first stocking order. Cash and cash equivalents totaled $41.3 million at June 30, 2026, after Ideal Power raised $27.7 million in net proceeds during the quarter in a registered direct offering of common stock and pre-funded warrants. No long-term debt was outstanding at quarter-end.