Monday, June 30, 2008

Ascent Solar Gets USAF Win

Littleton, Colorado-based Ascent Solar Technologies disclosed Monday afternoon that the firm has been selected by the U.S Air Force Research laboratory has selected the firm for an award, worth $1.5M over 48 months. According to Ascent, the AFRL has selected the firm as part of an award to develop high-performance, thin-film multijunction photovoltaics (PV) based on Ascent Solar's flexible monolithically integrated CIGS technology. The award is the latest for Ascent from the AFRL, which has prviously funded aspects of its photovoltaics technology.