Home > Boards > Commodities > Groups > Millenium Investing

Ascent Solar Achieves Major Milestone on Its 1.5MW

Public Reply | Private Reply | Keep | Last ReadPost New MsgReplies (1) | Next 10 | Previous | Next
REVOLUTION2012 Member Profile
 
Followed By 26
Posts 2,737
Boards Moderated 0
Alias Born 10/07/05
160x600 placeholder
Correction to Indianapolis Mass Shooting Article
According to police, the victims include Matthew Alexander, 32 years old; Samaria Blackwell, 19; Amarjeet Johal, 66; Jaswinder Kaur, 64; Jaswinder Singh, 68; Amarjit Sekhon, 48; Karli Smith, 19; and John Weisert, 74. "Indianapolis Mass Shooting: At Least Eight Dead at FedEx Facility," at 8:44 p.m. and 9:05 p.m. ET, gave an incorrect spelling for the names of Amarjit Sekhon and Karli Smith.
Roger Stone Is Sued as U.S. Government Alleges Unpaid Taxes -- Update
Indianapolis Mass Shooting: At Least Eight Dead at FedEx Facility -- 9th Update
Roger Stone Is Sued as U.S. Government Alleges Unpaid Taxes
Indianapolis Mass Shooting: At Least Eight Dead at FedEx Facility -- 8th Update
Top Company News of the Day
J&J, Morgan Stanley, Coinbase: Stocks That Defined the Week
NASA Picks SpaceX to Build New Lunar Lander -- 2nd Update
Lilly Ends U.S. Use of Single Covid-19 Antibody Drug Alone -- Update
Indianapolis Mass Shooting: At Least Eight Dead at FedEx Facility -- 7th Update
Stocks End Week With Fresh Records--Update
Top Stories of the Day
NASA Picks SpaceX to Build New Lunar Lander -- Update
FedEx's Limits on Phones in Spotlight After Indianapolis Shooting
When Fed Chief Talks, So Do Listeners -- and They Provide an Earful
Stocks End Week With Fresh Records
Soybeans Rise on Weather Concerns
Vaccine Manufacturing Issues Force Moderna to Cut Supplies to Canada, U.K.
Indianapolis FedEx Shooting: What We Know So Far -- Update
Boeing 737 MAX Electrical Problem Affects More Locations on Aircraft
Indianapolis Mass Shooting: At Least Eight Dead at FedEx Facility -- 6th Update
U.S. to Start Consultations With Taiwan Over Currency -- Update
Morgan Stanley Books Archegos Loss, but Profit Hits New High -- 3rd Update
Existing Home Sales Seen Down, New Home Sales Expected to Rise -- Data Week Ahead
No Causal Link Found So Far Between J&J's Covid-19 Vaccine and Blood-Clot Cases, Company Researchers Say
Indianapolis FedEx Shooting: What We Know So Far
Stocks Look to Extend Winning Streak
REVOLUTION2012   Saturday, 01/05/08 08:45:10 AM
Re: None
Post # of 42 
Ascent Solar Achieves Major Milestone on Its 1.5MW Manufacturing Line

Monday December 17, 6:00 am ET

Ascent Solar Technologies, Inc. (NASDAQ:ASTI), a developer of state-of-the-art, thin-film photovoltaic modules, announced today the successful and on-time delivery and installation of all equipment required to complete the integration of its 1.5MW production facility. Testing, integration and qualification of the new manufacturing line is set to begin in January 2008. Product qualification and certifications are planned to commence once the line completes integration and achieves initial operating capacities.

Matthew Foster, President and CEO, commented, “We are very pleased to have these complex tools delivered and installed right on schedule. This significant event completes Ascent Solar’s first major milestone and our entire team is excited to now enter the next stage of our commercial development.”

Mr. Foster further stated that “we have also been very fortunate this year in receiving additional capital through a strategic investment from Hydro and conversion of our Class A public warrants. With this additional capital, the company was able to start the development of its high-volume 100MW plant ahead of schedule. We plan to place orders for machine procurement to build our first 25MW line some time in the second quarter of 2008 and we currently envision the 25MW facility completion by year-end 2009.”

Public Reply | Private Reply | Keep | Last ReadPost New MsgReplies (1) | Next 10 | Previous | Next
Follow Board Follow Board Keyboard Shortcuts Report TOS Violation
X
Current Price
Change
Volume
Detailed Quote - Discussion Board
Intraday Chart
+/- to Watchlist
Consent Preferences