With Energizer (NYSE:ENR) Onboard, Will Other Large Consumer Product Manufacturers turn to Ascent Solar Technologies’ (OTCMKTS:ASTI) Flexible Solar Panels?

Until now, describing solar panels as “portable, flexible and virtually indestructible” was unheard of. That’s because conventional solar panels are made of crystalline glass. These outdated panels break easily, weigh more and are virtually impossible to integrate in non-flat consumer products.

It comes as no surprise, then, that Ascent Solar Technologies’ (OTCMKTS:ASTI) flexible, lightweight (CIGS) solar panels were the perfect fit for Energizer’s (NYSE:ENR) latest consumer product line, Energizer® PowerKeep™. Ascent Solar’s flexible photovoltaic allows seamless integration of solar power into a myriad of applications with minimal restrictions. Ascent Solar Technologies’ proprietary photovoltaic modules are 100% made in America at the Company’s 120,000 square foot manufacturing facility in Thorton, Colorado.

Ascent Solar Technologies currently owns a manufacturing facility in Thornton, Colorado that has an estimated worth of over $11 million. The Company has put over $300 million into research and development since their establishment in 2005, a testament to their meticulous design process and dedication to their craft.

Ascent Solar is focused on the development and promotion of their cutting-edge CIGS (Copper, indium, gallium, selenide) photovoltaic technology on flexible, plastic substrate. These panels are designed to convert sunlight into electric power by laying a thin layer of the elements above onto a plastic backing. And, as a leader in the CIGS field, Ascent is the only manufacturer in the world commercially producing CIGS solar on a plastic substrate with monolithic-integration, a key differentiator that sets them ahead of the pack for selected sector use.

Through the utilization of CIGS cells, the solar modules designed by Ascent allow for maximum efficiency and durability while minimizing weight load – a combination that has the potential to revolutionize the ways solar panels can get utilized in everyday applications. Because CIGS has a higher sunlight absorption coefficient than other semiconductor materials, a much thinner layer of film is needed for the panel to function, allowing for the use of a flexible plastic substrate. In effect, this gives the technology the best power-to-weight ratio relative to its competitors, which opens up the possibility of use in situations where weight is a significant constraint. For example, the high-voltage, low current module makes the technology suitable for both space and aerospace travel, and ASTI has focused a particular emphasis toward the drone industry, where ASTI believes a substantial opportunity is in play.

The functionality of Ascent Solar’s panels has granted Energizer® PowerKeep™ the ability to develop their initial four consumer products; the PowerKeep™ 12, PowerKeep™ 36, PowerKeep™ Pro, and the PowerKeep™ Wanderer. More products are expected to come in the first quarter of 2018.

The PowerKeep™ 12 and PowerKeep™ 36 are four-panel, foldible, solar charging kits, providing consumers the ability to charge on the go. The PowerKeep™ 12 is built to charge four Energizer®  NiMH rechargeable AA batteries and USB Devices while the PowerKeep™ 36 is built around function and longevity, incorporating a compact 10,000mAh power bank that can charge a variety of mobile devices.

The PowerKeep™ Pro and PowerKeep™ Wanderer are backpacks with Ascent Solar Technologies’ flexible solar panels affixed to the back. Each models has an integrated 10,000 mAh power bank that can charge laptops, cellphones, and other USB charged devices. The PowerKeep™ Wanderer includes a hydration pack intended for outdoor adventures.

The Energizer® legacy dates all the way back to 1896, with W.H. Lawrence inventing the first drycell battery for consumer use. Today, Energizer® is a global leader in consumer power solutions. Energizer Holdings (NYSE:ENR) reported net sales of 1.63 billion in 2016 and current has a 2.87 Billion market cap.

PowerKeep™, having scored the brand name with consumer product giant, Energizer®, will certainly grant Ascent Solar Technologies the means of generating some well-deserved exposure for its proprietary flexible photovoltaic solar modules.

The future is looking bright for the Thorton, Colorado based photovoltaic company, as Ascent Solar Technologies' (OTCMKTS:ASTI) proprietary solar technology is changing the way consumers charge their devices on the go.

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