Ascent Solar (ASTI) To Supply FTL Solar

Ascent Solar just announced that they will be supplying FTL Solar with solar modules to use in its research and development contract with the New York State Energy Research and Development Authority. Under the contract, FTL will work on developing lighter, more flexible solar energy production systems using Ascent’s modules.

In a press release, Ascent Solar President and CEO Farhad Moghadam commented on the news:

“FTL Solar has developed a variety of multi-purpose solar integrated flexible tensile structures. These structures are ideally suited for the incorporation of Ascent Solar’s high energy, flexible and light weight photovoltaic modules. We are excited about our relationship with FTL Solar and NYSERDA and the opportunity to embed our modules into a wide range of structures serving various market segments. FTL Solar has the expertise and deep history in developing these unique products and Ascent Solar has the ability to power them with our unique modules.”

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