 AUSTIN, Texas, Feb. 08, 2021 GLOBE NEWSWIRE -- Ideal Power Inc. Nasdaq: IPWR the Company or Ideal Power, pioneering the development and commercialization of highly efficient and broadly patented B-TRANTM bi-directional power switches, today announced that it has commenced an underwritten public offering of shares of its common stock. The Company expects to grant the underwriters a 30-day option to purchase up to an additional 15 of the shares of common stock offered in the public offering. All shares of common stock to be sold in the offering will be offered by the Company. The offering is subject to market conditions, and there can be no assurance as to whether or when the offering may be completed, or the actual size or terms of the offering. 