Ascent Solar Technologies, Inc. (NASDAQ:ASTI) stock surged after it was revealed that the company has entered into a 12-month Collaborative Agreement Notice with NASA. The company will be working with the space agency's Marshall Space Flight Center and Glenn Research Center to develop and mature commercial copper-indium-gallium-selenide (CIGS) thin-film photovoltaic (PV) modules for space power applications involving beamed power technology.
Ascent Solar (NASDAQ: ASTI ) stock is up on Friday after the solar technology company announced the payoff of its debts. This is in connection to convertible notes that were issued to institutional investors on Dec. 19, 2022.
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