UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549

 

FORM 8-K

 

CURRENT REPORT

 

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

 

Date of Report (Date of Earliest Event Reported):  December 18, 2007

 

ASCENT SOLAR TECHNOLOGIES, INC.
(Exact name of registrant as specified in its charter)

 

Registrant’s telephone number, including area code:  (303) 420-1141

 

Not Applicable
Former name or former address, if changed since last report

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

o       Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
o       Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
o       Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
o       Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

 

 

 

Item 1.01  Entry into a Material Definitive Agreement.

 

On December 18, 2007, Ascent Solar Technologies, Inc. (“Ascent”) executed a definitive Cooperation Agreement (the “Agreement”) with Norsk Hydro Produksjon AS (“Hydro”), a roughly 23% shareholder of Ascent.  In the Agreement, Ascent agrees to supply its photovoltaic modules for use in building integrated photovoltaic solutions offered by Hydro and its affiliated companies.  Hydro agrees to utilize its expertise to assist Ascent in optimizing and streamlining Ascent’s manufacturing lines, and to support Ascent in establishing strategic alliances with key players in the European solar industry.

 

Item 9.01  Financial Statements and Exhibits

 

(d)	Exhibits
	10.1	Cooperation Agreement between Ascent Solar Technologies, Inc. and Norsk Hydro Produksjon AS, dated December 18, 2007.
	99.1	Press Release dated December 19, 2007

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

	ASCENT SOLAR TECHNOLOGIES, INC.
December 19, 2007	By:	/s/ Matthew B. Foster
		Name: Matthew B. Foster
		Title: President and CEO

 

 

 

 

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