We’ve kept fairly routine track of Ascent Solar Technologies, Inc. (OTCMKTS:ASTI) here on Street Register throughout the course of 2017 thus far, and today, the company has given us reason to look even more closely, and take it that much more seriously.
Joint news with a big-time player suddenly has ASTI looking many times more attractive than it did previously, with its technology set to be used in some very high profile products.
Ascent Solar Technologies, Inc. (OTCMKTS:ASTI) has been selected by PowerKeep, in partnership with Energizer®, one of the world’s largest manufacturers of primary batteries, portable flashlights and lanterns, to develop and supply solar panels to the PowerKeep™ line of solar products.
PowerKeep™ designs and markets the Energizer® PowerKeep line of portable solar power solutions. Designed for active lifestyles, PowerKeep products provide off-the-grid power for the portable electronic devices. Using lightweight and durable solar panels (provided by ASTI) instead of traditional glass, the PowerKeep solar power solutions provide power in a portable package.
“Today’s consumers demand power for an ever-growing array of mobile devices, like smartphones and tablets, that are with them wherever they go,” said Kevin Magenis, chairman and CEO of PowerKeep. “Partnering with Ascent Solar allows us to develop leading-edge, solar-integrated products that are lightweight, durable and keep consumers connected to their favorite mobile devices no matter where they are. We are excited to launch our initial products and look forward to growing the Energizer® PowerKeep product line globally in the coming months.”
“The Energizer brand is immediately recognizable worldwide, and we are gratified to have earned the opportunity to be selected as the PV developer,” said Victor Lee, President & CEO of Ascent Solar. “Working with a company with such established brand equity will enable Ascent to serve not the only consumer market for mobility power, but also the currently untapped potential of commercial mobility power markets in North America.” (Source: Marketwired)
There’s no doubt that collusion with one of the biggest names in portable power will certainly push ASTI to the next level. If you visit EnergizerSolar.com, you can actually see that Energizer has placed a “Powered by Ascent Solar” for all to see.
Not only is it huge news for ASTI and its shareholders, but it’s timely as well. With a record-breaking number of Florida residents left without power (to the tune of 10M) in the wake of Hurricane Irma, and the widespread troubles caused by Hurricane Harvey in Texas less than two weeks before, a great deal of focus has been on the best ways to cope with a natural disaster. Especially for those many millions of citizens who were directly in the path of one of those super-storms. Lack of power can be not only a minor inconvenience, but has the potential to be life-threatening, in extreme circumstances. That’s where advances in solar tech like the Powerkeep line really show their true value.
We’ve already witnessed some nice moves in ASTI stock, but where this most recent revelation takes it from here is anybody’s guess. One thing’s for sure, we’re definitely going to want to continue to keep tabs on the situation. All you need to do is stay locked to Street Register for updates, and we’ll deliver important developments on ASTI as they unfold. In the meantime, if you’ve yet to sign up for our 100% free newsletter, do so now! Just enter your active email address into the box below and submit!
Disclosure: No one at Street Register has been compensated in any way for the publishing of this article, nor do we hold any position in ASTI stock, short or long.