Nanotechnology Now

Our NanoNews Digest Sponsors

Heifer International

Wikipedia Affiliate Button

Home > Press > Magnolia Solar Corporation Announces Second U.S. Air Force Award to Develop Ultra High Efficiency Quantum Dot Solar Cells

Abstract:
Magnolia Solar Corporation (MGLT 0.55, 0.00, 0.00%) ("Magnolia Solar"), a developer of high-performance, thin-film photovoltaic modules for defense and commercial applications, announced today that its wholly owned subsidiary, Magnolia Solar, Inc., recently received a second Phase I SBIR / STTR Program from the United States Air Force. This award is to develop high efficiency, thin-film quantum dot solar cells for defense applications.

Magnolia Solar Corporation Announces Second U.S. Air Force Award to Develop Ultra High Efficiency Quantum Dot Solar Cells

Woburn, MA | Posted on August 4th, 2010

The use of quantum dots in thin-film cells has the potential to produce very high efficiency single junction solar cells. Current technologies typically use multiple junctions (e.g. triple-junction solar cells) to produce high efficiency solar cells for defense applications. The Magnolia approach being developed under this award will allow significantly lower costs for the next generation thin-film solar cells with ultra high efficiency.

Dr. Ashok K. Sood, President and CEO of Magnolia Solar Corporation, commented, "This second program from the Air Force adds important core capabilities to our solar cell development effort. This technology will complement the solar cell development work underway at Magnolia under previous funding from NYSERDA, the U.S. Air Force, and other sources. We are continuing on a path to develop our core technologies for nanostructure/quantum dot based high efficiency thin-film solar cells which have applications in both defense and commercial markets."

Forward-Looking Statements: This release contains forward-looking statements, including, without limitation, statements concerning our business and possible or assumed future results of operations. Our actual results could differ materially from those anticipated in the forward-looking statements for many reasons including: our ability to continue as a going concern, adverse economic changes affecting markets we serve; competition in our markets and industry segments; our timing and the profitability of entering new markets; greater than expected costs, customer acceptance of our products or difficulties related to our integration of the businesses we may acquire; and other risks and uncertainties as may be detailed from time to time in our public announcements and SEC filings. Although we believe the expectations reflected in the forward-looking statements are reasonable, they relate only to events as of the date on which the statements are made, and our future results, levels of activity, performance or achievements may not meet these expectations. We do not intend to update any of the forward-looking statements after the date of this document to conform these statements to actual results or to changes in our expectations, except as required by law.

####

About Magnolia Solar Corporation
Magnolia Solar Corporation, through its wholly-owned subsidiary, Magnolia Solar, Inc., is commercializing its nanotechnology-based, high-efficiency, thin-film technologies that can be deposited on a variety of different substrates. This technology has the ability to capture a larger part of the solar spectrum (Ultraviolet, Visible and infrared) to produce high efficiency solar cells, and incorporates a unique nanostructure-based antireflection coating technology to further increase solar cell performance. Magnolia Solar's long term goal is to becoming a highly competitive, low cost provider of thin-film photovoltaic modules for defense and commercial markets.

For more information, please click here

Contacts:
Ronald J. Blekicki
1-303-494-3617

Copyright © Magnolia Solar Corporation

If you have a comment, please Contact us.

Issuers of news releases, not 7th Wave, Inc. or Nanotechnology Now, are solely responsible for the accuracy of the content.

Bookmark:
Delicious Digg Newsvine Google Yahoo Reddit Magnoliacom Furl Facebook

Related News Press

News and information

Graphene key to growing 2-dimensional semiconductor with extraordinary properties August 30th, 2016

University of Akron researchers find thin layers of water can become ice-like at room temperature: Results could lead to an assortment of anti-friction solutions August 30th, 2016

Nanocatalysis for organic chemistry: This research article by Dr. Qien Xu et al. is published in Current Organic Chemistry, Volume 20, Issue 19, 2016 August 30th, 2016

Continuous roll-process technology for transferring and packaging flexible LSI August 29th, 2016

Meteorite impact on a nano scale August 29th, 2016

Thin films

Continuous roll-process technology for transferring and packaging flexible LSI August 29th, 2016

Self-cleaning, anti-reflective, microorganism-resistant coatings: Researchers at the UPV/EHU-University of the Basque Country are modifying surface properties of materials to obtain specific properties at a lower cost August 9th, 2016

Govt.-Legislation/Regulation/Funding/Policy

Graphene key to growing 2-dimensional semiconductor with extraordinary properties August 30th, 2016

Analog DNA circuit does math in a test tube: DNA computers could one day be programmed to diagnose and treat disease August 25th, 2016

New approach to determining how atoms are arranged in materials August 25th, 2016

Johns Hopkins scientists track metabolic pathways to find drug combination for pancreatic cancer August 25th, 2016

Announcements

Graphene key to growing 2-dimensional semiconductor with extraordinary properties August 30th, 2016

University of Akron researchers find thin layers of water can become ice-like at room temperature: Results could lead to an assortment of anti-friction solutions August 30th, 2016

Nanocatalysis for organic chemistry: This research article by Dr. Qien Xu et al. is published in Current Organic Chemistry, Volume 20, Issue 19, 2016 August 30th, 2016

Meteorite impact on a nano scale August 29th, 2016

Energy

New electrical energy storage material shows its power: Nanomaterial combines attributes of both batteries and supercapacitors August 25th, 2016

Lehigh engineer discovers a high-speed nano-avalanche: New findings published in the Journal of Electrochemical Society about the process involving transformations in glass that occur under intense electrical and thermal conditions could lead the way to more energy-efficient glas August 24th, 2016

New flexible material can make any window 'smart' August 23rd, 2016

Researchers reduce expensive noble metals for fuel cell reactions August 22nd, 2016

Quantum Dots/Rods

Quantum dots with impermeable shell: A powerful tool for nanoengineering August 12th, 2016

Diamond-based light sources will lay a foundation for quantum communications of the future: Electrified quantum diamond can become the heart of quantum networks and computers of the future August 7th, 2016

A new type of quantum bits July 29th, 2016

Researchers develop faster, precise silica coating process for quantum dot nanorods July 12th, 2016

Solar/Photovoltaic

Let's roll: Material for polymer solar cells may lend itself to large-area processing: 'Sweet spot' for mass-producing polymer solar cells may be far larger than dictated by the conventional wisdom August 12th, 2016

NREL technique leads to improved perovskite solar cells August 11th, 2016

Making a solar energy conversion breakthrough with help from a ferroelectrics pioneer: Philadelphia-based team shows how a ferroelectric insulator can surpass shockley-queisser limit August 9th, 2016

Tiny high-performance solar cells turn power generation sideways August 5th, 2016

NanoNews-Digest
The latest news from around the world, FREE




  Premium Products
NanoNews-Custom
Only the news you want to read!
 Learn More
NanoTech-Transfer
University Technology Transfer & Patents
 Learn More
NanoStrategies
Full-service, expert consulting
 Learn More











ASP
Nanotechnology Now Featured Books




NNN

The Hunger Project







Car Brands
Buy website traffic