Ascent Solar (ASTI) Technologies announced that the company is commencing work on a Collaborative Agreement Notice with NASA Marshall Space Flight Center and support from NASA Glenn Research Center to efficiently advance capabilities for receiving beamed power using CIGS PV modules. The CAN program targets rapid iterative development to mature commercial products for enabling mission architectures to include beamed power. The public-private partnership includes Ascent contributing design and prototyping services with NASA providing technical subject matter expertise and test services through combined MSFC & GRC efforts. This 12-month technology maturation will result in commercial products being made available for distributed space power infrastructure, drastically lowering the cost, complexity and risk of NASA missions.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on ASTI:
- Ascent Solar files to sell 3.21M shares of common stock, warrants
- Ascent Solar Reduces Authorized Shares to 200 Million
- Ascent Solar achieves record new efficiency of 15.7% at production scale
- Ascent Solar Approves Key Proposals at Annual Meeting
- Ascent Solar signs master services agreement with NOVI Space