Management anticipates EBITDA-positive operations of the acquired assets as early as the second half of 2023. This modern equipment supports ASTI’s focus on operational efficiency & optimization and is capable of roll-to-roll thin-film outputs up to one meter in width and one kilometer in length.
Market Expansion: The transaction is expected to immediately provide ASTI with the opportunity and proven manufacturing capacity to establish new revenue streams in the Luxury Goods and Building Integrated Photovoltaics (BIPV) markets.ASTI’s management will pursue extending and expanding customer contracts, as the direct counterparty, as renewals become due.
Committed Contractual Revenue: ASTI will service production for Flisom AG’s outstanding contracts using the acquired assets.Transaction Rationale / Key Benefits & Capabilities in Agreement: This strategic transaction reflects a significant milestone in ASTI’s turnaround plan by helping to deliver new committed contract revenue, increased production capacity and an international foothold as European and Asian governments adopt legislation to increase solar energy production and domestic manufacturing capabilities. The Company 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. innovator in the design and manufacture of featherweight, flexible, and durable CIGS thin-film photovoltaic (PV) solutions, announced today that it has completed a transaction to acquire the Zurich-based manufacturing assets of thin-film solar manufacturer, Flisom AG. ASTI (“ASTI” or the “Company”), the leading U.S. and NIEDERHASLI, Switzerland, April 18, 2023 (GLOBE NEWSWIRE) - Ascent Solar Technologies, Inc. The current status of the company is Active.THORNTON, Colo. 36 KALANAGAR BANDRA EAST MUMBAI MAHARASHTRA MUMBAI Mumbai City Maharashtra 400051 India. The company is registered with email address company is incorporated with the address BUNGALOW NO.
#Vallum advisors registration
VALLUM CAPITAL ADVISORS PRIVATE LIMITED's unique Corporate Identification Number (CIN) is U67190MH2010PTC206628 and its registration number is 206628. VALLUM CAPITAL ADVISORS PRIVATE LIMITED's Annual General Meeting (AGM) was last held on and as per records from Ministry of Corporate Affairs (MCA), its balance sheet was last filed on. As per MCA the main line of business is Activities Auxiliary TO Financial Intermediation. It is classified as Private UnListed Indian Non-Government Company. VALLUM CAPITAL ADVISORS PRIVATE LIMITED is a 12.10 Years old company, incorporated on.
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