An article that came out yesterday:
NASA’s on Board With ASTI Stock
Today, Ascent announced it has been selected by NASA’s Marshall Space Flight Center to participate in two flight demonstrations. These demonstrations include the Lightweight Integrated Solar Array and anTenna (LISA-T) project, as well as the Solar Cruiser solar sail project. Indeed, investors have cheered this announcement. This validation of the company’s portfolio of PV products is encouraging.
The photovoltaic technologies Ascent produces are integral to high-performing power generation and communications for small spacecraft. Additionally, these technologies help solve the power limitation of today’s smaller satellites. According to the company, they have received significant commercial, scientific and exploratory interest.
It appears there’s potential for Ascent to benefit from future NASA missions to the moon and Mars as well. The company has been undertaking demanded and elongated simulation tests to gain approval. Accordingly, investors waiting patiently for this announcement have been generously rewarded today.
Indeed, the fact that Ascent now has a very large potential customer for its technology is encouraging.
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