Ascent Solar Technologies Delivers Thin-Film PV for Saltwater Environment Durability and Space-Based Power Beaming Testing

Ascent Solar Technologies (Nasdaq: ASTI) (“Ascent” or the “Company”), the leading U.S. innovator in the design and manufacturing of featherweight, flexible thin-film photovoltaic (PV) solutions, announced that it has delivered test samples of its thin-film PV technology to an ocean monitoring technology company, a developer of autonomous underwater vehicles capable of reaching anywhere in the ocean with a high degree of speed, endurance and sensing; and a cutting-edge power lasing company focused on advancing space and defense technologies.

With these test deliveries, Ascent continues to push the limits of its solar technology in extreme environments. The ocean monitoring company will test the technology’s functionality and durability in aquatic terrestrial applications, with the intent of enabling persistent equipment operation of ocean-based monitoring technologies. The space power lasering company will test the technology’s space-based power beaming receiving capabilities, as it seeks out technologies that enable the transmission of power between satellites on orbit.

“We see underwater and space applications as unique opportunities for thin-film PV to thrive, as the technology’s lightweight, flexible and durable design allows it to withstand the immense pressures and tempestuous conditions that define these environments,” said Paul Warley, CEO of Ascent Solar Technologies. “Our team looks forward to reviewing the findings from each of these tests, as we aim to unlock thin-film solar technology’s potential in both markets.”

Ascent Solar | www.ascentsolar.com