Getting your player ready...
Thornton- based Ascent Solar Technologies Inc. announced Thursday it would issue 5.25 million additional shares of stock to raise about $20 million.
The money will be used to complete the construction of Ascent’s factory, said spokesman Brian Blackman. The additional cash will help extend the company’s operating reserves in 2011, Blackman said.
Ascent is a manufacturer of flexible thin-film solar cells that can be used in building materials. The Department of Defense is examining the product for military applications.
