a and Thank conference and full technology. development and update And proprietary power fourth call. our our B-TRAN quarter we you, XXXX Ideal switch business XXXX focus welcome, Chris. year Power for to the everyone, to transformative was as our year results shifted commercialization of
both singular private sheet our a bank of Power with placement, has and The us Conversion focus legacy XXXX. our our with cash business for fortifies divestiture million when burn, Systems reduced $X.X recent paired which, provided
our technology who like to program activities Ideal for B-TRAN those to some provide Power story. are Brdar our new I'd of you discusses detail, Dan our Before of an overview B-TRAN and in
to revolutionize our B-TRAN grow proprietary switch to is billion B-TRAN name market, is of by has power expected switch a the to that $X.X XXXX. potential patented the market technology. the power
and homes, consider think stoves, When context, conditioning switching, electric are pool pumps, other there To air of are power for switches electric machines, example, everywhere. appliances. power systems, dryers we where provide washing
automobiles, conditioning seat story. equipment systems in electrified uses charging are the conventional motors, For power HVAC breaks, their other and drive including and cars, electric any electric systems. in particularly car, with air modern There adjustment existing function systems same cars, and in system,
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manage back adoption fraction such the that hold more levels smart waste hardware waste many systems. by complexity required. off. of IGBTs IGBTs components power applications industrial, heat expensive of is dictates generated the removal And vehicle At thermal a size, and thrown management sophisticated of Expensive, to the These that is it applications. the in and operate, cost and in and and efficient controls control heat of many control consumer bulky significant characteristics other
and switching B-TRAN and systems. control present more fulfills broadly as the power switches losses, efficient proprietary importantly, But patented switches. a IGBT compact Our most reduce technology providing to will solution and B-TRAN same role and conventionalized conduction future
little facilities equipment required, power B-TRAN using special and notably, and or complex equipment. qualification less makes silicon is manufacturing most no existing A manufactured this and be Perhaps device can time-consuming. switches fabrication manufacturing
adopted on many realize. technology can program, be B-TRAN commercialization may not a that and development our of success scale immediately a With is
hours kilowatt with data U.S. to study than like XX% in XX B-TRAN I'd centers talk data applications. is billion center a power loss. year case per currently greater about One consume
our of large an losses, save For efficiency, year value commercial in technology improve uninterruptible incredible our electricity center, center $X.X This power benefit common a costs, of alone commercial would switch data per supply would implementing from the power a B-TRAN technology XX% million a data brings. source large to XX%. indicative that
a During from present, patented is to that performance to closely now the turning with plan took into our three B-TRAN a Phase is with complete, architecture, demonstrated X, switch performance power theoretical expectations - models. commercialization phases. divided which concept matches from hypothetical
them integrate in establish and their samples for and Phase targeted commercial to is fabricate is switches. commercial customers initial B-TRAN in into engage the products. and sales to process, deliver of three to for parts which two, partnerships power B-TRAN market with performance devices Phase evaluate to initiate process sectors potential to is
we our of by build our In [Technical as the delivery technology our of initial reality. evaluation. potential plan, quickly our entails Phase momentum agreements commercialization commercial and the midst partners which Difficulty] of summary, Phase partners in fabrication of to year, for three become later are two this should the and a samples parts In
Before going our of on preparations operations further, on the for impact mitigating and comment I'd like plan. our COVID-XX to
We of and are diverse working wafers to in institute geographically regions. the following, packaging dual sourcing
China, seen this have the to any yet, is more the the mature extent but impact projected to we and, United manufacturer hopefully, also China, is States, done States. in have while We much abating. with in it in great of occur, United but In it not COVID-XX
materials. We have modest stockpiles of custom
not that Fortunately, custom materials we the are of have do way in required. much
Year sampled from New and some China that the materials have We arrived before shutdown. were
So of we some have parts. supplies
ordering the that as travel capability or We be video another instituting materially Enhanced they but will is conferencing are to doing over possible. as avoid month we will not much we're two. parts, more impact next what
doing. vendor plans also is of actively something Active very we're mitigation monitoring
making acting with those or what United action us. process States plans other that United understanding for what their the of China and are other We can we parts the things in concern vendors for suggestions the both or States. in in We're taking California and in parts - of Texas, our example, and monitoring corrective other proactively
not extensive. at self-contained a in of And travel but possible now. as this logistics our travel little we problems we the phase that, self-imposed production as of of do more And we're have as necessity. right not do moment, and policies We're our course, result of company's that restrictions are only the have development. and supply to Fortunately, at are in case
of entities have Many of other had combination companies we and plans involved. and canceled travel the the by a been other ourselves
Some been of those other and measures and the we're other involve have disease events shows that as canceled, evaluating unfold. trade
like Chief to hand now of for B-TRAN an to Brdar, Officer, Dan would Commercial I our overview the over activities. Dan? call pre-commercialization
