Ascent Solar signs MOU with Star Catcher Industries

Ascent Solar (ASTI) Technologies announced the signing of a memorandum of understanding, MOU, with Star Catcher Industries, a company pioneering the first space energy grid, to achieve mutually beneficial goals that would aid the proliferation of thin-film PV solutions in space environments. “Working in tandem with Star Catcher opens up several new possibilities and market opportunities for Ascent,” said Paul Warley, CEO of Ascent Solar Technologies. “Through this MOU, our companies will be able to tackle joint customer and mission objectives. Beyond that, this marks an incredible chance for our companies to further work toward the proliferation of improved solar solutions in orbit to meet growing demand for next generation power solutions.”