Flexible Electronics News

Ascent Solar Secures $20 Million New Funding

Gains investment from Hong Kong Boone Group Limited.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Ascent Solar Technologies, Inc. announced that the company has entered into a securities purchase agreement with Hong Kong Boone Group Limited on Feb. 8, 2017 for the investment of $20 million by purchasing the company’s newly designated Series K Convertible Preferred Stock.   Hong Kong Boone Group, is a major, multinational industrial group of companies that specializes in industrial control system integration and hydraulic pressure systems. Boone Group also specializes in the procurement, pl...

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