When it comes to advancement in Photovoltaic technology, very few companies stand out from the rest as Ascent Solar Technologies, Inc. (OTCMKTS:ASTI) does. Affirming the company’s prospects in the solar energy space is its CIGs solar modules that are already sending shockwaves after been selected by Japan’s Aerospace Exploration Agency for upcoming deep space missions.
Ascent CIGs Technology
The company’s technology modules have already found their way into EnerPlex charging devices that include the likes of Kicker IV Portable-Foldable-Flexible Solar charger and Portable power Packs. It is for this reason that Ascent Solar Technologies is set to continue dominating the ever-evolving solar energy space.
Ascent Technologies is also aggressively expanding its wings into the consumer, military and aviation markets as the race for growth opportunities heats up. Its products are currently available in all the major retail stores including Wal-Mart Stores, Inc. (NYSE:WMT), Best Buy Co Inc (NYSE:BBY), and Amazon.com, Inc. (NASDAQ:AMZN) as it continues to bolster its sales channels.
Japan Aerospace Exploration selecting the company’s thin-film solar for its upcoming deep space missions to Jupiter is yet another milestone achievement for the company. On being subjected to environmental extremes Ascent’s flexible monolithically integrated copper-indium-gallium selenide performed well, further justifying their usage in the upcoming missions.
Bright Future
Ascent is now planning to expand the usage of its patented CIGS technology into other areas of application mostly targeting electronic products in defense, transportation, drone, and space applications. The fact that the materials in use guarantee an attractive increase in power-to-weight ratio all but continues to provide them an edge to other flexible PV thin film technologies in the market.
Given what is at hand with the CIGS technology the future can only be bright for Ascent Technology, which was one of Deloitte’s 2016, Fast 500 technologies companies. The fact that the company’s CIGs technology can adapt to various solar energy products regardless of size and shape means it will continue playing a central role in the evolution of photovoltaic technology.
