Ascent Solar (ASTI) Technologies announced the signing of a teaming agreement with NovaSpark Energy. The agreement brings the two companies’ technologies together to achieve mutually beneficial goals. It packages Ascent’s lightweight thin-film PV with NovaSpark’s mobile hydrogen generation systems, allowing customers to airdrop NovaSpark equipment into the battlefield or disaster zone to power a multitude of terrestrial applications. “Through this agreement with NovaSpark, our thin-film solar technology is now being deployed everywhere: land, sea, air, and space,” said Paul Warley, CEO of Ascent Solar Technologies. “The need for lightweight, durable and reliable solar technology spans a vast spectrum of applications in both the defense and commercial sectors, both of which are considered high growth for emerging technologies. We’re meeting their needs with a proven solution that is ready for scalable production and delivery at rapid speeds.”
TipRanks Black Friday Sale
- Claim 60% off TipRanks Premium for the data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on ASTI:
