Ascent Solar Announces Product Launch with CTC GmbH
THORNTON, Colo.--(BUSINESS WIRE)--
Ascent Solar Technologies, Inc. (NASDAQ:ASTI), a developer of
state-of-the-art, flexible thin-film photovoltaic modules, announced
today the initial sale of SOLab Basic and SOLab Premium products,
as branded by Ascent's joint development partner, CTC CarTech Company.
SOLab is an autonomous solar charger meant for automotive battery
cycling & trickle charging. The innovation of integrating Ascent's
industry leading thin-film CIGS solar modules into SOLab Basic and Solab
Premium products is the first of its kind application for automotive
battery charging solutions.
Sebastian Hotz, CarTech's Head of Sales Product Division, stated, "With
Ascent we found the best partner for delivering innovative products into
the field of autonomous solar chargers for automotive professionals."
Mr. Hotz continued, "The production of thin film solar is highly
innovative for our product and ideal to manufacture. Not only the
functionality but also the product design from Ascent makes the product
To view more product information of this pioneering application of
Ascent's solar technology please visit http://tinyurl.com/cartech-company.
Victor Lee, Ascent Solar's President & CEO, stated, "We are extremely
pleased with these innovative products and are proud to be able to work
closely with CarTech to bring them to market. These products are a good
illustration of the multitude of applications that Ascent's unique
technology can be utilized in."
About Ascent Solar Technologies, Inc.
Ascent Solar Technologies, Inc. is a developer of thin-film photovoltaic
modules using flexible substrate materials that can transform the way
solar power generation integrates into everyday life. Ascent
Solar modules, which were named one of TIME Magazine's
50 best inventions for 2011, can be directly incorporated into standard
building materials, commercial transportation, automotive solutions,
space applications, consumer electronics for portable power and durable
off-grid solutions. More information can be found at www.ascentsolar.com.
About CTC Car Tech Company
CTC Cartech Company is positioned as a development service provider for
automotive electronics and manufacturer of accordingly complex systems
as well. We help our clients to accomplish product development along the
entire value chain. In doing so, we focus on mobility including
efficient energy consumption and green mobility.
Forward Looking Statements
Statements in this press release that are not statements of historical
or current fact constitute "forward-looking statements." Such
forward-looking statements involve known and unknown risks,
uncertainties and other unknown factors that could cause the Company's
actual operating results to be materially different from any historical
results or from any future results expressed or implied by such
forward-looking statements. In addition to statements that explicitly
describe these risks and uncertainties, readers are urged to consider
statements that contain terms such as "believes," "belief," "expects,"
"expect," "intends," "intend," "anticipate," "anticipates," "plans,"
"plan," to be uncertain and forward-looking. The forward-looking
statements contained herein are also subject generally to other risks
and uncertainties that are described from time to time in the Company's
filings with the Securities and Exchange Commission.
Ascent Solar Technologies, Inc.
Source: Ascent Solar Technologies, Inc.
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