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[QUOTE]Originally posted by a surfer: [QB] United Solar Ovonic Awarded $9.1 Million Contract From Air Force Research Laboratory Thursday March 15, 10:30 am ET The contract will continue funding the development of lightweight and high- efficiency solar cells and solar modules for airship and space applications AUBURN HILLS, Mich., March 15 /PRNewswire-FirstCall/ -- United Solar Ovonic LLC, the world leader in thin-film amorphous-silicon solar technology and a wholly owned subsidiary of Energy Conversion Devices, Inc. (ECD Ovonics) (Nasdaq: ENER - News), announced today that the Air Force Research Laboratory (AFRL) in Kirtland AFB, New Mexico, has exercised an 18-month contractual option for $9.1 million with United Solar Ovonic to develop new solar cell technology to be used in space and airship vehicles addressing defense and homeland security applications. ADVERTISEMENT Today's announcement builds upon the success of earlier contracts with the Air Force. Since May 2003, United Solar Ovonic has been working with the Advanced Space Power Generation Group in the Space Vehicles Directorate of AFRL to develop ultralightweight solar arrays on thin stainless steel foils and polymers for use in space and airship vehicles. Solar cells on thin stainless steel foil are already being tested in AFRL experimental missions such as TacSat-2 satellite, which was launched in December, 2006. UNI-SOLAR® space photovoltaic (PV) products offer an ultralight, low- cost alternative to conventional space PV modules made of crystalline silicon or gallium arsenide. UNI-SOLAR® triple-junction modules, originally developed for terrestrial applications, are made of amorphous silicon-based thin-film alloys, which are deposited on a 5-mil flexible stainless steel substrate. By utilizing a polymeric substrate, space cells have already been developed that have a specific power greater than 1000 Watts per kilogram (W/kg), which is significantly higher than what is currently available. A high specific power is required for airship application. The radiation hardness and superior high-temperature performance of amorphous silicon make it an attractive material for space application. "Next generation solar arrays for Air Force missions need to be cheaper, lighter and more stowable than what are currently available," said John Merrill, Program Manager of the AFRL Advanced Power Generation Program at Kirtland AFB. "We are impressed with the work that United Solar Ovonic has been carrying out under AFRL contracts to address these goals." "We are delighted to collaborate with AFRL to develop products for this rapidly expanding market," said Subhendu Guha, President and Chief Operating Officer of United Solar Ovonic. "The new funding will accelerate our commercial goal of supplying solar cells for satellite and airship applications." About United Solar Ovonic United Solar Ovonic, building on technology invented and pioneered by ECD Ovonics, is the world leader in thin-film amorphous photovoltaics. Because of characteristics unique to the United Solar Ovonic solar cell technology, such as lightweight, ruggedness and flexibility, it is ideal as building-integrated photovoltaic roofing systems for residential and industrial customers. ECD Ovonics and United Solar Ovonic hold the basic patents covering the continuous roll-to-roll manufacturing of thin-film amorphous-silicon alloy multi-junction solar cells and related products. More information is available at [URL=http://www.uni-solar.com.]www.uni-solar.com.[/URL] This release may contain forward-looking statements within the meaning of the Safe Harbor Provisions of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements are based on assumptions which ECD Ovonics, as of the date of this release, believes to be reasonable and appropriate. ECD Ovonics cautions, however, that the actual facts and conditions that may exist in the future could vary materially from the assumed facts and conditions upon which such forward-looking statements are based. The risk factors identified in the ECD Ovonics filings with the Securities and Exchange Commission, including the company's most recent Annual Report on Form 10-K, could impact any forward-looking statements contained in this release. -------------------------------------------------------------------------------- Source: United Solar Ovonic LLC [/QB][/QUOTE]
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