Ascent discloses new patent; shares +24.4%

|About: Ascent Solar Technologies, ... (ASTI)|By:, SA News Editor

CTO Joseph Armstrong: "As Ascent pioneers the next generation of CIGS (Copper-Indium-Gallium-di-Selenide), this novel back contact, and the improvements related to our demonstrated ability to manufacture our PV on thinner plastics will lead to significant application opportunities not only in Ascent's aerospace products, but in the Company's EnerPlex consumer products as well."

Shares have risen to $0.17 premarket. They're still down 84% YTD.

This was corrected on 12/29/2015 at 01:02 PM. The post has been corrected to note Ascent hasn't struck a patent licensing deal with an Acacia subsidiary.