Walmart will sell Ascent’s EnerPlex range of products, whichincludes solar-powered rechargers for mobile phones and other electronics,representing a “huge advantage for the growth of the EnerPlex brand”, saysAscent chief executive Victor Lee.
The announcement sent shares of Ascent up more than 22% to$1.04 on 3 October, putting it back into compliance with the Nasdaq’s minimumshare price requirement of $1.
The Walmart deal is the latest in a string ofrecent announcements signaling newfound momentum at the Colorado-based company, whoseproducts are based on copper, indium, selenide, gallium (CIGS) thin-filmtechnology.
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