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Ascent Solar Technologies to Deliver Thin-Film Solar Technology to a Colorado-based Space Solar Array Provider for Product Evaluation
Globenewswireยท 2025-07-16 12:00
Core Insights - Ascent Solar Technologies has entered into an agreement to supply its thin-film photovoltaic technology to a Colorado-based power systems provider for evaluation and potential integration into their product offerings [1][2] - The company emphasizes its ability to fulfill orders rapidly, with delivery of evaluation units expected by the end of July 2025, showcasing its competitive edge in the market [1][2] Company Overview - Ascent Solar Technologies specializes in lightweight, flexible thin-film solar panels, particularly suited for demanding environments such as space and military applications [2][3] - The company has a strong foundation with 40 years of research and development, 15 years of manufacturing experience, and a robust intellectual property portfolio [3] - Ascent's production facility in Thornton, Colorado, has a capacity of 5 MW, allowing for quick delivery of solar array solutions within six to eight weeks, significantly faster than competitors [2][3] Market Position and Strategy - The partnership with another Colorado-based solar technology provider aims to enhance supply chain control, facilitating better support for customers in sectors like the Department of Defense and the space industry [2] - Ascent's CIGS PV product line is designed for mission optimization, leveraging its spaceflight heritage to meet the growing demand for space defense solutions and space-based solar power [2]