Invest in Cleantech

Invest in Cleantech

Friday, December 02, 2011

Nanotech/Solar Stock Investor Alert: Magnolia Solar (OTC.BB: MGLT) Reports $750,000 Project for US Air Force Research Lab

Nanotech/Solar Stock Investor Alert: Magnolia Solar (OTC.BB: MGLT) Reports $750,000 Project for US Air Force Research Lab

Nanostructured solar cells for being developed for space power applications

Point Roberts WA-, December 2, 2011 (Investorideas.com renewable energy/green newswire) Investorideas.com, a leader in sector research, issues an investor alert for nanotech/solar stock Magnolia Solar Corporation (OTC.BB: MGLT).

The Company’s stock traded in a range of $0.15 to $0.30 in the past two days.

Magnolia Solar Corporation (OTCBB: MGLT) announced its wholly owned subsidiary, Magnolia Solar, Inc., recently received a $750,000 Phase II award from the United States Air Force Research Laboratory as part of the Small Business Innovative Research (SBIR) program. The award will fund a two-year project to develop flexible, lightweight, ultra-high efficiency multi-junction solar cells for space power applications.

This award follows a Phase I program that demonstrated that Magnolia’s approach to simultaneously increase the current and voltage output of photovoltaic devices for space power applications. The Phase II award is to optimize the device and apply advanced anti-reflective coatings to build ultra-high efficiency flexible solar power solutions for defense applications. Magnolia is building a patent portfolio around its proprietary technologies for this award and other work with government funding from the New York State Energy Research and Development Authority and the National Aeronautical Space Administration. Recently Magnolia announced demonstration of several significant milestones and this award provides a pathway to support its ultimate goal of developing low-cost, high-efficiency, thin-film solar cells for commercial and defense requirements.

According to its November 15th 10K news release, “Magnolia is accelerating the development of a thin-film solar product that offers significant cost savings per watt over traditional silicon-based solar cells, with the goal of achieving efficiencies of 20% or greater at a cost of $0.50 per watt for the commercial market. Magnolia believes it is moving closer every quarter to this goal, through continued development of this proprietary technology at the Albany NanoTech facility in Albany, New York. “


About Magnolia Solar Corporation
Based in Woburn, MA and Albany, NY, Magnolia Solar was founded in 2008 to develop and commercialize revolutionary new thin film solar cell technologies that employ nanostructured materials and designs. Both higher current and voltage outputs are expected from thin film solar cells that combine Magnolia’s exclusive material structures with advanced optical coatings. Magnolia’s patent-pending technology has the ability to capture a larger part of the solar spectrum to produce high efficiency solar cells, and incorporates a unique nanostructure-based antireflection coating technology to further increase the solar cell’s efficiency, thereby reducing the cost per watt. Magnolia Solar technology targets electrical power generation applications, such as power for electrical grids and distributed power applications ranging from commercial and residential lighting to specialized military applications.
For more information, please visit www.MagnoliaSolar.com, or visit us on Facebook, Twitter, You Tube, or LinkedIn.



Use the renewable energy stocks directory to research 1300 green stocks including solar stocks on global stock exchanges http://www.investorideas.com/Companies/RenewableEnergy/Stock_List.asp


About Investorideas.com – a leader in cleantech investor research
Investorideas.com was on the of the first investor sites covering investing in water and renewable energy stocks and has become a global go-to destination for investors researching the cleantech sector, with stock directories, company news, commentary from experts, research reports and industry resources and links. Investors can follow solar stocks commentary on our site with solar expert, J. Peter Lynch.

Visit Investorideas.com green and renewable showcase stocks and more investor research in the sector: http://www.investorideas.com/Companies/RenewableEnergy/ or
http://www.renewableenergystocks.com/


Investors - sign up for free green stocks trading alerts and news
http://www.investorideas.com/Resources/Newsletter.asp


Follow Renewable Energy Stocks on Facebook.com
http://www.facebook.com/renewableenergystocks


Disclaimer: Our sites do not make recommendations. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. We attempt to research thoroughly, but we offer no guarantees as to the accuracy of information presented. All Information relating to featured companies is sourced from public documents and/ or the company and is not the opinion of our web sites. This site is currently compensated by featured companies, news submissions and online advertising. Investorideas.com has been compensated for the dissemination and publishing of MGLT (Magnolia Solar Corporation) news through Investorideas.com site and subscribers and its partner sites by a third party IR firm (fiftteen hundred)
www.InvestorIdeas.com/About/Disclaimer.asp
BC Residents and Investor Disclaimer : Effective September 15 2008 - all BC investors should review all OTC and Pink sheet listed companies for adherence in new disclosure filings and filing appropriate documents with Sedar. Read for more info: http://www.bcsc.bc.ca/release.aspx?id=6894

For more information about Investorideas.com contact:
800.665.0411

7 comments:

green investments said...

The real bump in Magnolia's stock price will come from follow-on awards, as US$750K is practically peanuts. Also, when their patents are approved there might be a nice jump as well. With such small and thinly traded stocks, it doesn't take much to push them up hundreds of percent!

solar water said...

It is kinda interesting that they had developed this project.Thanks a lot for sharing it.

Penny Stock Newsletter said...

I love the name Magnolia star

Penny Stock Newsletter said...

Nanotech Scares me this thing has to be controled.

hasan said...

In this world there are some unique investing source where people can easily invest their fund.Farmland agriculture sector is like of sector where people can gain profit.

farmland investments

rain bow said...

I read this article and i think idea is fine. This is very helpful for future use.

mold damage monterey

Shannon Baker said...

This type of write-up may be mind-numbing. While as i are aware that examine, A lot of people once-in-a-lifetime.

book publicist