Get the Latest Investment Ideas Delivered Straight to Your Inbox.

TICKERS: WNDW

SolarWindow Shares Heat Up 34% as Firm Develops High-Speed Production of Electricity-Generating Flexible Glass

Share on Stocktwits

Source:

Shares of SolarWindow Technologies reached a new 52-week high after the company reported it has created the "first-ever" electricity-generating flexible glass using a high-speed manufacturing process.

Developer of transparent solar electricity generating coatings SolarWindow Technologies Inc. (WNDW:OTC) today announced that "for the first time ever, the company has successfully produced its electricity-generating flexible glass using roll-to-roll processing, a high-speed method typical to commercial manufacturing of tinted window films, digital displays, printed electronics and semiconductors."

The firm indicated that the flexible sheets of SolarWindow™ electricity-generating glass are as thin as a business card. These sheets have the capability to generate power from both sunlight and indoor artificial light and are now being developed to electrify windows along with otherwise passive surfaces that can be incorporated into commercial buildings, vehicles, marine watercraft, aerospace and other products.

SolarWindow Technologies' Chairman and CEO Jay S. Bhogal commented, "The world's leading manufacturers use roll-to-roll production, an innovative process successfully demonstrated by the SolarWindow team today. Importantly, this roll-to-roll processing marks a significant advancement in our mission to enable commercial manufacturing in the U.S. and Asia."

The company stated that this news comes at an opportune time as it has recently made several strategic hires and is expanding its operations to Asia by establishing a new office in Seoul, South Korea. The firm advised that the move to open the office in Seoul is driven by the need to gain access to the region's many advanced-technology manufacturers of next-generation building materials, commercial transportation systems, electric vehicles and electronics. The company believes that all of these areas offer great potential and are a natural fit for its proprietary LiquidElectricity™ coatings for films, glass, and plastics utilizing employing high speed roll-to-roll processing.

SolarWindow stated that this manufacturing breakthrough was achieved when multiple layers of its LiquidElectricity™ coatings were applied to ultra-thin flexible glass. The layers then underwent a manufacturing process using precision lasers and a roll-to-roll system. The company noted that the controls improve the power and performance of its SolarWindow™ electricity-generating glass and also increase efficiency, lower costs and reduce material waste.

SolarWindow Technologies described itself as "a developer of transparent LiquidElectricity™ coatings that generate electricity when deposited onto glass or plastic." The company explained that its coatings generate electricity, producing power under natural, artificial, low, shaded and reflected light conditions and are designed and engineered to be applied to ordinary glass on balcony railings and facades, curtain walls, skylights and other surfaces and can additionally be deployed in autos, trucks, ships and aircraft.

SolarWindow began the day with a market capitalization of around $243.6 million with approximately 53 million shares outstanding. WNDW shares opened nearly 9% higher today at $5.00 (+$0.40, +8.70%) over Friday's $4.60 closing price and reached a new 52-week high this morning of $6.60. The stock has traded today between $4.75 and $6.60 per share and is currently trading at $6.17 (+$1.57, +34.13%).

[NLINSERT]

Disclosure:
1) Stephen Hytha compiled this article for Streetwise Reports LLC and provides services to Streetwise Reports as an independent contractor. He or members of his household own securities of the following companies mentioned in the article: None. He or members of his household are paid by the following companies mentioned in this article: None.
2) The following companies mentioned in this article are billboard sponsors of Streetwise Reports: None. Click here for important disclosures about sponsor fees.
3) Comments and opinions expressed are those of the specific experts and not of Streetwise Reports or its officers. The information provided above is for informational purposes only and is not a recommendation to buy or sell any security.
4) The article does not constitute investment advice. Each reader is encouraged to consult with his or her individual financial professional and any action a reader takes as a result of information presented here is his or her own responsibility. By opening this page, each reader accepts and agrees to Streetwise Reports' terms of use and full legal disclaimer. This article is not a solicitation for investment. Streetwise Reports does not render general or specific investment advice and the information on Streetwise Reports should not be considered a recommendation to buy or sell any security. Streetwise Reports does not endorse or recommend the business, products, services or securities of any company mentioned on Streetwise Reports.
5) From time to time, Streetwise Reports LLC and its directors, officers, employees or members of their families, as well as persons interviewed for articles and interviews on the site, may have a long or short position in securities mentioned. Directors, officers, employees or members of their immediate families are prohibited from making purchases and/or sales of those securities in the open market or otherwise from the time of the decision to publish an article until three business days after the publication of the article. The foregoing prohibition does not apply to articles that in substance only restate previously published company releases.





Recommendation for Streetwise Reports Readers

Be the First to Hear Direct from the Experts…Live and in Real Time!

StreetSmart Live! Was founded by the same team that that brought you Streetwise Reports.

Subscribe to the StreetSmart Live! YouTube channel and be the first to hear about interesting investment ideas live and in real time... straight from the experts. This type of intellectual capital is usually not made available to the general public, but StreetSmart Live! is your "In."

Subscribe Now (It's Free)

Want to read more about Alternative - Solar and Alternative Energy investment ideas?
Get Our Streetwise Reports Newsletter Free and be the first to know!

A valid email address is required to subscribe
Last StreetSmart Live! Show