$ASTI Victor Lee, CEO and President of Ascent Sol

$ASTI Victor Lee, CEO and President of Ascent Solar Technologies, Inc. said, "This is by far the single largest PV sales contract in the corporate history of Ascent Solar. While the contract is significant in value, it underscores the power of Ascent's technology to address these rapidly emerging and growing markets. We have noted previously that Ascent's thin-film technology produces modules with the highest power-to-weight ratio. For aerospace and space applications, this characteristic is incredibly important. Additionally, the flexibility to integrate the modules into different form factors and applications, makes our technology suitable for this growing market. This contract is only the 'tip of the iceberg' as the project, if successfully launched, is expected to be rolled out on a much larger scale in the near future."

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