Paul Warley, CEO of Ascent Solar Technologies Inc. (NASDAQ:ASTI), was recently a guest on Benzinga's All Access.
Ascent Solar Technologies is a maker of featherweight, flexible and durable CIGS thin-film photovoltaic (PV) solutions. The company's PV modules have been deployed on space missions, multiple airborne vehicles, agrivoltaic installations, in industrial and commercial construction and in consumer goods, helping revolutionize the use cases and environments for solar power.
Looking out to the future of solar in space and ocean applications, Warley said he expects solar to play an important role in powering satellites in space, largely because they cause less space debris and take up a smaller footprint. In oceanic applications, the CEO said not only the Navy but the Marines and the Army should be interested in using solar in the ocean. As for how fast the market will grow in both areas, that still remains to be seen.
Watch the full interview here.
Featured photo from Shutterstock.
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