Ascent Solar Technologies, Inc. (Ascent) is a development stage company formed to commercialize flexible photovoltaic (PV) modules using a technology. The Company�s manufacturing process deposits multiple layers of materials, including a thin film of copper-indium-gallium-diselenide (CIGS) semiconductor material, on a flexible, lightweight, plastic substrate and then laser patterns the layers to create interconnected PV cells, or PV modules, in a process known as monolithic integration. The Company continues to design and manufacture PV integrated consumer electronics, as well as portable power applications for commercial and military users. The Company manufactures its products by affixing a thin CIGS layer to a flexible, plastic substrate, and the Company uses monolithic integration techniques that enable it to form complete PV modules without engaging in back end assembly of inter-cell connections.