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5N Plus Signs Exclusive Arrangement with Sierra Space to Supply the Rapidly Growing Space Solar Power Market with Revolutionary Solar Cells
5N Plus Signs Exclusive Arrangement with Sierra Space to Supply the Rapidly Growing Space...
About this update from 5n Plus Inc.
[{"type":"text","content":"\n \n \n \n 5N Plus Signs Exclusive Arrangement with Sierra Space to Supply the Rapidly Growing Space Solar Power Market with Revolutionary Solar Cells\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n \n \n MONTREAL\n \n \n ,\n \n \n Oct. 17, 2022\n \n \n /CNW Telbec/ - 5N Plus Inc. (TSX: VNP) (\"5N Plus\" or the \"Company\"), a leading global producer of specialty semiconductors and performance materials, is pleased to announce that, through its wholly-owned subsidiary AZUR SPACE Solar Power GmbH (\"AZUR\"), it has signed a ten-year extension to its exclusive teaming arrangement with\n \n \n \n Sierra Space\n \n \n \n , a leading U.S. based commercial space company at the forefront of space innovation and commercialization. AZUR, which was acquired by 5N Plus in 2021, is a recognized advanced technology company and manufacturer of high-efficiency solar space cells bringing over 50 years of experience and expertise developing specialty semiconductor materials for the global space industry.\n \n \n \n \n \n \n \n \n \n Under the terms of the agreement, AZUR will produce a new solar cell, referred to as the MWT, exclusively for\n \n Sierra Space\n \n for use in the production of\n \n Sierra Space's\n \n unique and patented Space Solar Surface Mount Technology solar array systems. This solar cell technology, developed in partnership by both companies, which enables automated production and assembly, is expected to revolutionize solar array cost of assembly, resiliency and power density. The MWT solar cells enable arrays with higher power density, reducing the size of the arrays for equivalent power of a conventional design, and are more cost-effective when completing the laydown to satellite solar power arrays. The automation enables\n \n Sierra Space\n \n to deliver solar power arrays with less than one-half the conventional array lead times. In addition, the panel configurations can be easily modified for specific applications and accommodate a wide range of power levels, from a few watts to Megawatts.\n \n \n \"This stra...