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Ascent Solar Technologies Selected by U.S. Air Force Small Business Innovative Research Phase 2 Award

Ascent Solar Technologies (NASDAQ: ASTI) announced
today that it has been selected for an Air Force Small Business
Innovative Research (SBIR) Phase 2 award to demonstrate a
next-generation photovoltaic product that builds upon its award-winning
flexible monolithically integrated copper-indium-gallium-diselenide
(CIGS) technology.

Subject to contract finalization, the Air Force SBIR Phase 2 program is
expected to run 24 months with a program value of up to $750,000.

“Solar cells perform best at lower temperatures, but they can get hot
during normal operation,” stated Victor Lee, President and CEO at Ascent
Solar Technologies, Inc. “Modifying our existing technology can improve

See full press release

Posted-In: News Guidance Contracts Management M&A

 

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