Ascent Solar completes acquisition of Flisom AG's Zurich thin-film solar manufacturing assets

Ascent Solar Technologies, Inc.

Acquisition adds 15MW roll-to-roll thin-film manufacturing capacity, increasing nameplate capacity by 300%.
Management anticipates EBITDA-positive operations from the acquired assets as early as H2 2023.
Assets include committed contractual revenue from Flisom's existing contracts; ASTI to service and extend them.
Deal opens new markets in Luxury Goods and Building Integrated Photovoltaics (BIPV), particularly in Europe and Asia.

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