Ascent Solar Technologies CEO Talks About The Space Market And What A Recent SpaceX Flight Means To The C

Paul Warley, CEO of Ascent Solar Technologies Inc. (NASDAQ:ASTI), was recently a guest on Benzinga All Access.

Warley discussed the progress Ascent Solar is making in the space market with its flexible thin-film photovoltaic (PV) blankets, including integration into the NOVI N-1 ATLAS satellite and another undisclosed customer that is part of the SpaceX Falcon 9 Transporter-16 mission.

"We had two customers on that flight...it was exciting to have two on one launch," Warley told Benzinga. The company expects to get data from that flight soon. "It's basically a live demo of the product in space," he said.

As for the future, Warley said the industry continuously needs more and more power, and with the company's flexible panels, it can bring them that at a lower price point. Plus, he said Ascent's products perform particularly well at Low Earth Orbit (LEO) and Geostationary Earth Orbit (GEO) levels. "I'm more excited about the company now than I've ever been," said the CEO.

Watch the full video here:

Featured image from Shutterstock.

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