Since the installation of new leadership in
Using the Titan™ module to illustrate improvement, Ascent’s CIGS technology has steadily increased its power generation capabilities over the past seven months. The Titan™ module is approximately one square foot in size with a thickness of 0.03mm and a weight of just over eight grams.
Below are the recent calculations for power generation* at Titan™ module dimensions:
• | 11.6 watts |
• October 30, 2023 | 13.1 watts |
• November 16, 2023 | 13.3 watts |
• March 20, 2024 | 14.0 watts |
Note: Power generation figures reflect STC conditions and AM0
Ascent anticipates reaching its next milestone of 16 watts output for the Titan™ module in the next eight to ten (8-10) weeks, expected primarily because of planned improvements to process changes in thin film. The increases in power generation for its CIGS PV technology align with Ascent’s strategy and revenue goals for 3rd and 4th quarters 2024 and 2025, meeting the technological needs for Ascent’s customers in space to achieve end of life power.
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FORWARD-LOOKING STATEMENTS
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Source:
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