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Stock impact report

Ascent Solar Completes Shipment of its First Ultralight Thin-Film Modules for High-Altitude Airship Applications

Ascent Solar Technologies, Inc (ASTI) 
Company Research Source: GlobeNewswire
THORNTON, CO , April 02, 2018 (GLOBE NEWSWIRE) -- Ascent Solar Technologies, Inc. (OTCBB: ASTI), a developer and manufacturer of state-of-the-art, lightweight and flexible thin-film photovoltaic (PV) solutions, announces that the company has successfully developed and shipped its next-generation laminated aerospace product, using Ultralight technology. The Ultralight PV module represents a major breakthrough over its industry-leading Superlight technology in terms of weight and performance for ready-to-integrate PV modules for aerospace applications, such as high-altitude airships. The value proposition of Ultralight has been validated in terms of a major contract from a European-based customer. The shipment is valued over $300K and was delivered ahead of schedule before the end of the first quarter of 2018. This substantial sale equates to approximately 50% of the Company’s 2017 full-year revenue. The Ultralight PV module is the first of its kind for Ascent Solar to introduce t Show less Read more
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