Flexible Electronics News

Ascent Solar Reports 4Q, FY2013 Results

Total revenue for the year was $1.3M, up from $1.2M in 2012

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Ascent Solar Technologies, Inc. reported results for the fourth quarter and year ended December 31, 2013. Among its highlights for the year, Ascent Solar completed $10M preferred stock financing with Ironridge Technology Co. Funding of first $5M tranche completed in October 2013, with second $5M tranche delivered in February 2014 It also signed a definitive agreement to form a joint venture and build new manufacturing plant in Suqian of Jiangsu Province, China. Suqian will provide RMB200M ($...

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