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Monday May 23rd, 2016
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Ascent Solar Technologies, Inc. (ASTI)
Profitable Trader Authority, Investors Underground, StreetInsider, PennyStocks24, Stockgoodies, PennyPro, Shah’s Insights & Indictments, and Stock News Now reported on Ascent Solar Technologies, Inc. (ASTI), and we report on the Company as well, here at the QualityStocks Daily Newsletter.
Incorporated in 2005, Ascent Solar Technologies, Inc. is a developer and manufacturer of state-of-the-art, flexible, thin-film photovoltaic modules integrated into its EnerPlex™ series of consumer products. The Company is a developer of award-winning thin-film photovoltaic modules with substrate materials that are more flexible, versatile, and strong than traditional solar panels. EnerPlex is Ascent Solar Technologies’ brand of consumer products. EnerPlex is a division of Ascent Solar. Ascent Solar’s Research and Development and its 30 MW nameplate production facility is in Thornton, Colorado.
Ascent Solar’s technology is thin-film CIGS on flexible, plastic substrate. The Company’s manufacturing is roll-to-roll manufacturing, monolithic integration & intelligent process control. Its business divisions are: Solar Solutions - Aerospace, UAVs, Military, Specialty Applications, Consumer Market & Transportation; and
Power Storage Solutions - Mobility, Outdoor & Emergency Portable Power.
Ascent Solar Technologies’ flexible, lightweight CIGS modules enable seamless integration of solar power into an unlimited number of applications without the restrictions of normal glass panels. The Company’s modules can be directly integrated into consumer products and off-grid applications. They can also be directly integrated into aerospace and building integrated applications. Its CIGS panels weigh a small fraction of conventional c-Si panels. Concerning CIGS chemistry, they have the highest thin-film conversion efficiency. Moreover, they have the best Power-to-Weight Ratio (50 - 250 watt/kg).
Ascent Solar Technologies has achieved a major breakthrough in power-to-weight ratio for its superlight solar module, delivering in excess of 1700 watts of power per kilogram, operating at AM0, technically called the space environment. With this performance, its superlight module would weigh 66 percent less than a comparable PV system utilizing the highest-quality crystalline silicon and with much less design complexity. Ascent Solar said that elimination of two-thirds of the weight is a critical improvement for satellites, space vehicles, as well as space stations.
This month, Ascent Solar Technologies announced it expanded its European retail footprint to include 95 Robert Dyas stores in the United Kingdom (UK).
Mr. Justin R. Jacobs, Director of Marketing for Ascent Solar Technologies & EnerPlex, said, "We are very pleased to bring our Mobility Power offering to an expanded group of British customers, EnerPlex's innovative battery solutions are a perfect fit for the discerning Robert Dyas shopper. Our partnership with Robert Dyas further deepens EnerPlex's footprint in the vital market of the United Kingdom, and will further serve as a launch-pad for additional business in the region."
Ascent Solar Technologies, Inc. (ASTI), closed Monday's trading session at $0.023, down 4.17%, on 6,856,919 volume with 269 trades. The average volume for the last 60 days is 8,558,410 and the stock's 52-week low/high is $0.0199/$0.8369.
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