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Stock impact report

MPS Created an Open-Source Ventilator to Battle COVID-19

Monolithic Power Systems, Inc. (MPWR) 
Last monolithic power systems, inc. earnings: 4/28 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.monolithicpower.com/investor-relations
Company Research Source: GlobeNewswire
SAN JOSE, Calif., April 09, 2020 (GLOBE NEWSWIRE) -- Monolithic Power Systems, Inc. (MPS) (Nasdaq: MPWR), a leading company in high-performance power solutions, today announced it has assembled an emergency ventilator inspired by the open-source MIT design to aid in the fight against COVID-19. MPS is applying its expertise in power management and motor controls toward a solution that can safely and easily automate a manual resuscitator when a full ICU ventilator may not be available. Watch the video for more info: https://www.monolithicpower.com/en/mps-open-source-ventilator.  “We want to contribute our expertise and resources to help combat the pandemic,” said Michael Hsing, CEO and founder of MPS. “Our team has worked nonstop to create a working prototype in less than 8 days and now we are working with medical experts to ready the device. But we need help to scale the production as quickly as possible.” MPS’s low-cost automated Bag Valve Mask (BVM) resuscitator mechanizes th Show less Read more
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