Ascent Solar Technologies to Fly Space Solar Modules on NASA’s Upcoming LISA-T Mission
26 Febbraio 2024 - 1:30PM
Ascent Solar Technologies, (Nasdaq: ASTI) (“Ascent'' or the
“Company”), the leading U.S. innovator in the design and
manufacture of featherweight, flexible, and durable CIGS thin-film
photovoltaic (PV) solutions, announced today that the Company’s
solar module products will fly on NASA’s upcoming Lightweight
Integrated Solar Array and AnTenna (LISA-T) mission, scheduled for
launch this summer. The mission, led by NASA’s Space Technology
Mission Directorate and the agency’s Marshall Space Flight Center
in Huntsville, will demonstrate the capability to deploy large-area
arrays on lightweight, low-cost and small spacecraft.
LISA-T is the fourth mission in NASA’s Pathfinder Technology
Demonstrator (PTD) series of missions evaluating novel, small
spacecraft capabilities on orbit. Managed by NASA’s Ames Research
Center in Silicon Valley, these demonstration missions facilitate
the direct infusion of new technologies into the agency’s future
science and exploration missions. LISA-T (PTD-4)’s solar arrays are
lower mass and stowed volume, and produce three times more
power than alternative PV solutions traded within the system
envelope. PTD-4’s deployable solar arrays are designed to scale
larger than the mission’s CubeSat form factor with options capable
of generating kilowatts of power to small spacecraft.
“Selection for this upcoming space mission is the culmination of
years of Ascent’s work with NASA to optimize the PV modules that
enabled LISA-T’s ambitious spacecraft mass and power budgets to
close,” said Paul Warley, CEO of Ascent Solar Technologies. “This
mission will demonstrate that previously unachievable spacecraft
requirements can in fact be met. It also provides a shining example
of the benefits of public-private partnerships that leverage new
and innovative commercial technologies, as NASA programs like MISSE
& PTD lead the way for even more capable spacecraft for
government and commercial space missions. The modules developed for
LISA-T informed the design of Ascent’s Titan line of space
products, facilitating further maximization of power generation to
the extent that spacecraft can produce kilowatts per kilogram of
array in the space environment with minimal degradation over the
life of the mission.”
Leading up to this spacecraft demonstration, Ascent’s PV
products were previously evaluated on the International Space
Station. Modules tested on NASA’s MISSE-X experiment validated the
resilience of the company’s CIGS material in the space environment,
both bare and encapsulated. Additional Ascent modules with
lower-cost and lighter-weight laminates are being evaluated on the
upcoming MISSE payload slated to fly on SpaceX’s 30th Commercial
Resupply Mission to the space station scheduled for March.
ABOUT ASCENT SOLAR TECHNOLOGIES, INC.
Backed by 40 years of R&D, 15 years of manufacturing
experience, numerous awards, and a comprehensive IP and patent
portfolio, Ascent Solar Technologies, Inc. is a leading provider of
innovative, high-performance, flexible thin-film solar panels for
use in environments where mass, performance, reliability, and
resilience matter. Ascent’s photovoltaic (PV) modules have been
deployed on space missions, multiple airborne vehicles, agrivoltaic
installations, in industrial/commercial construction as well as an
extensive range of consumer goods, revolutionizing the use cases
and environments for solar power. Ascent Solar’s research and
development center and 5-MW nameplate production facility is in
Thornton, Colorado. To learn more, visit
https://www.ascentsolar.com or follow the Company on LinkedIn and X
(formerly Twitter).
FORWARD-LOOKING STATEMENTS
Statements in this press release that are not statements of
historical or current fact constitute "forward-looking statements"
including statements about the financing transaction, our business
strategy, and the potential uses of the proceeds from the
transaction. 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. We have
based these forward-looking statements on our current assumptions,
expectations, and projections about future events. In addition to
statements that explicitly describe these risks and uncertainties,
readers are urged to consider statements that contain terms such as
“will,” "believes," "belief," "expects," "expect," "intends,"
"intend," "anticipate," "anticipates," "plans," "plan," to be
uncertain and forward-looking. No information in this press release
should be construed as any indication whatsoever of our future
revenues, stock price, or results of operations. 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 including those discussed under the heading
“Risk Factors” in our most recently filed reports on Forms 10-K and
10-Q.
MEDIA CONTACT
Spencer HerrmannFischTank PRascent@fischtankpr.com
INVESTOR CONTACT
ir@ascentsolar.com
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