Ascent Solar Technologies CEO to Attend Spacepower Conference, Liaise with Prominent Space Technology Industry Leaders
11 Diciembre 2023 - 6:30AM
Ascent Solar Technologies, Inc. (“Ascent Solar'' or the “Company”)
(Nasdaq: ASTI), a U.S. innovator in the design and manufacturing of
featherweight, flexible thin-film photovoltaic (PV) solutions,
today announced that its Chief Executive Officer Paul Warley will
attend the Space Force Association’s inaugural Spacepower
Conference in Orlando, Florida, from December 12-13, 2023.
The conference highlights the latest, prominent updates from the
space technology industry with its over 2,000 attendees spanning
military leaders, private sector organizations, industry
innovators, top-tier media personnel, and more. Ascent’s attendance
will enable the Company to liaise with these influential industry
decision-makers and familiarize them with the latest, promising
updates to Ascent’s thin-film solar technology, and its capability
to thrive in a space environment.
“The Spacepower Conference is the ideal venue for Ascent to
demonstrate the value propositions of its thin-film solar
technology for on-orbit deployment, especially with respect to
efficiency, durability and cost of production,” said Paul Warley,
CEO of Ascent Solar Technologies. “As space technology continues to
evolve, concern around the worsening issue of dangerous space
debris is growing. With that, the durability, efficiency, and
low-cost of flexible thin-film solar is going to prove to be an
incredibly valuable asset for the industry.”
This year, Ascent has reached several key milestones in its
continued work toward improving the efficiency of its thin-film PV
for space applications. Most recently, the Company announced that
the latest test results of its technology showed an efficiency
increase from 17.55% to 17.73%. This significant improvement will
allow the Company’s solar array subsystems to generate more power,
with less mass and volume requirements, allowing them to outperform
their heavier and costlier solar panel counterparts. The Company
has also developed Titan, a solar module optimized for use in a
space environment, which is expected to ship as early as Q1
2024.
ABOUT ASCENT SOLAR TECHNOLOGIES, INC.
Backed by 40 years of R&D, 15 years of
manufacturing experience, numerous awards, and a comprehensive IP
and patent portfolio, Ascent Solar Technologies, Inc. is a leading
provider of innovative, high-performance, flexible thin-film solar
panels for use in environments where mass, performance,
reliability, and resilience matter. Ascent’s photovoltaic (PV)
modules have been deployed on space missions, multiple airborne
vehicles, agrivoltaic installations, in industrial/commercial
construction as well as an extensive range of consumer goods,
revolutionizing the use cases and environments for solar power.
Ascent Solar’s research and development center and 4.5-MW nameplate
production facility is in Thornton, Colorado. To learn more, visit
https://www.ascentsolar.com or follow the Company on LinkedIn and X
(formerly Twitter).
FORWARD-LOOKING STATEMENTS
Statements in this press release that are not
statements of historical or current fact constitute
"forward-looking statements" including statements about the
financing transaction, our business strategy, and the potential
uses of the proceeds from the transaction. Such forward-looking
statements involve known and unknown risks, uncertainties and other
unknown factors that could cause the company's actual operating
results to be materially different from any historical results or
from any future results expressed or implied by such
forward-looking statements. We have based these forward-looking
statements on our current assumptions, expectations, and
projections about future events. In addition to statements that
explicitly describe these risks and uncertainties, readers are
urged to consider statements that contain terms such as “will,”
"believes," "belief," "expects," "expect," "intends," "intend,"
"anticipate," "anticipates," "plans," "plan," to be uncertain and
forward-looking. No information in this press release should be
construed as any indication whatsoever of our future revenues,
stock price, or results of operations. The forward-looking
statements contained herein are also subject generally to other
risks and uncertainties that are described from time to time in the
company's filings with the Securities and Exchange Commission
including those discussed under the heading “Risk Factors” in our
most recently filed reports on Forms 10-K and 10-Q.
MEDIA CONTACT
Spencer HerrmannFischTank PRascent@fischtankpr.com
INVESTOR CONTACT
ir@ascentsolar.com
Ascent Solar Technologies (NASDAQ:ASTI)
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