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.”
Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on ASTI:
