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$ASTI, The Company moved -5.91% down right now a

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Post# of 23078
Posted On: 02/10/2016 10:18:11 PM
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Posted By: fitzkarz
$ASTI,
The Company moved -5.91% down right now and is at $0.10. Stock is trading in the real-time trading session with the total volume of 3.60 million shares, as compared to its average volume of 12.69 million shares. The 52-week range of the share price is from $0.06 – $2.08. The beta value for this stock stands at 3.08 points, while its earnings per share (EPS) was $-2.00. The company has total market capitalization of $16.81 million and a total of 169.64 million outstanding shares.

On February 8, 2016, Ascent Solar Technologies, Inc. (ASTI) declared the Company has achieved a major breakthrough in power-to-weight ratio for its superlight solar module, delivering over 1700 watts of power per kilogram, operating at AM0, technically known as the space environment. At this performance, Ascent’s superlight module would weigh 66% less than a comparable PV system using the highest-quality crystalline silicon and with far less design complexity. The elimination of two-thirds of the weight is a critical improvement for satellites, space vehicles and space stations.

For space and near-space applications, power-to-weight ratio is a key performance metric. As well to simplicity, our modules could dramatically impact cost. Depending on the application, such as low earth orbit all the way to manned flights, including contemplated missions to Mars, the fully burdened cost can be anywhere from thousands of dollars to $1 Million per pound for a space launch.
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