-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
Originator-Key-Asymmetric:
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 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 PjyA+8Ng37gJgiia5Yy1fkSygTyAA7MdXZgmFxyO/LLoJE4XbHJSsn6hmM5zFCXh
 PxANWLKPOOEAoa7C3aXoKA==

<SEC-DOCUMENT>0001001277-04-000061.txt : 20040129
<SEC-HEADER>0001001277-04-000061.hdr.sgml : 20040129
<ACCEPTANCE-DATETIME>20040129145037
ACCESSION NUMBER:		0001001277-04-000061
CONFORMED SUBMISSION TYPE:	3
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20040119
FILED AS OF DATE:		20040129

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			DIGITAL POWER CORP
		CENTRAL INDEX KEY:			0000896493
		STANDARD INDUSTRIAL CLASSIFICATION:	ELECTRONIC COMPONENTS, NEC [3679]
		IRS NUMBER:				941721931
		STATE OF INCORPORATION:			CA
		FISCAL YEAR END:			1231

	BUSINESS ADDRESS:	
		STREET 1:		41920 CHRISTY ST
		CITY:			FREMONT
		STATE:			CA
		ZIP:			94538
		BUSINESS PHONE:		5106572635

	MAIL ADDRESS:	
		STREET 1:		41920 CHRISTY STREET
		CITY:			FREMONT
		STATE:			CA
		ZIP:			94538

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			WAX JONATHAN
		CENTRAL INDEX KEY:			0001277500

	FILING VALUES:
		FORM TYPE:		3
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-12711
		FILM NUMBER:		04551994

	BUSINESS ADDRESS:	
		STREET 1:		C/O DIGITAL POWER CORP
		STREET 2:		41920 CHRISTY STREET
		CITY:			FREMONT
		STATE:			CA
		ZIP:			94535
		BUSINESS PHONE:		5108572635

	MAIL ADDRESS:	
		STREET 1:		C/O DIGITAL POWER CORP
		STREET 2:		41920 CHRISTY STREET
		CITY:			FREMONT
		STATE:			CA
		ZIP:			94535
</SEC-HEADER>
<DOCUMENT>
<TYPE>3
<SEQUENCE>1
<FILENAME>for011904_ex.xml
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0201</schemaVersion>

    <documentType>3</documentType>

    <periodOfReport>2004-01-19</periodOfReport>

    <noSecuritiesOwned>0</noSecuritiesOwned>

    <issuer>
        <issuerCik>0000896493</issuerCik>
        <issuerName>DIGITAL POWER CORP</issuerName>
        <issuerTradingSymbol>DPC</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001277500</rptOwnerCik>
            <rptOwnerName>WAX JONATHAN</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>C/O DIGITAL POWER CORP</rptOwnerStreet1>
            <rptOwnerStreet2>41920 CHRISTY STREET</rptOwnerStreet2>
            <rptOwnerCity>FREMONT</rptOwnerCity>
            <rptOwnerState>CA</rptOwnerState>
            <rptOwnerZipCode>94535</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>0</isDirector>
            <isOfficer>1</isOfficer>
            <isTenPercentOwner>0</isTenPercentOwner>
            <isOther>0</isOther>
            <officerTitle>CEO and President</officerTitle>
        </reportingOwnerRelationship>
    </reportingOwner>

    <derivativeTable>
        <derivativeHolding>
            <securityTitle>
                <value>Options</value>
            </securityTitle>
            <conversionOrExercisePrice>
                <value>1.16</value>
            </conversionOrExercisePrice>
            <exerciseDate>
                <footnoteId id="F1"/>
            </exerciseDate>
            <expirationDate>
                <value>2014-01-19</value>
            </expirationDate>
            <underlyingSecurity>
                <underlyingSecurityTitle>
                    <value>Common</value>
                </underlyingSecurityTitle>
                <underlyingSecurityShares>
                    <value>150000</value>
                </underlyingSecurityShares>
            </underlyingSecurity>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </derivativeHolding>
    </derivativeTable>

    <footnotes>
        <footnote id="F1">37,500 vested on 1/19/04, 37,500 vests on 1/19/05, 37,500 vests on 1/19/06 and 37,500 vests on 1/19/07.</footnote>
    </footnotes>

    <ownerSignature>
        <signatureName>/s/ Jonathan Wax</signatureName>
        <signatureDate>2004-01-28</signatureDate>
    </ownerSignature>
</ownershipDocument>

</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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