Ascent Solar Technologies, Inc. (NasdaqCM:ASTI) acquired Zurich-based manufacturing assets of Flisom AG on April 17, 2023. The acquisition of Flisom AG?s 15MW thin-film solar manufacturing assets in Zurich, Switzerland increases Ascent?s nameplate capacity by 300%. Ascent Solar Technologies will continue to be headquartered in Thornton, CO and will commence manufacturing using its new 15MW roll-to-roll thin-film manufacturing assets in Zurich, CH immediately.

Ascent Solar Technologies, Inc. (NasdaqCM:ASTI) completed the acquisition of Zurich-based manufacturing assets of Flisom AG for $2.8 million on April 17, 2023. Lukas Glanzmann of Baker & McKenzie (Zurich) acted as legal advisor to Ascent Solar Technologies, Inc. (NasdaqCM:ASTI)