Ascent Solar and FTL Solar Sign Strategic Alliance Supply Agreement
Source/Type: News - Staff reports

Author: CompoundSemi News Staff

March 3, 2010... Ascent Solar Technologies, Inc., a maker of thin-film photovoltaic modules, has signed a strategic supply agreement with FTL Solar, LLC of Austin, Texas. The agreement includes a minimum purchase commitment of $6.5 million over a three year period for Ascent Solar's flexible CIGS photovoltaic two meter and premier modules. FTL Solar will distribute Ascent Solar's flexible thin-film CIGS solar cells on fabric.

Some of Ascent Solar's products that FTL Solar will distribute will take advantage of Ascent Solar recently obtained certification MIL-STD 810G, which allows the company to provide solar products for defense applications.

FTL Solar CEO Tony Saxton, stated, “We are pleased to announce that FTL Solar is a US distributor for Ascent's light weight photovoltaic (PV) modules for fabric awnings, airbeams, tents, tensile structures, sailboat sails, tarps and umbrellas." Saxton said, "We have hit the market with FTL Solar's PowerMod™ tents with Ascent Solar PV modules 'outside' for military and tent rental industry sales, and with FTL Solar's PowerFold™ hand-held battery chargers for military and consumer sales." Ascent Solar says it is scheduled to begin shipments to FTL Solar of their lightweight solar integrated tensile fabric product line that is intended to serve defense/disaster relief, and the portable power segments. Ascent Solar News Release

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