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Manufacturing Close-Up
September 12, 2017 Tuesday
416 words
SolarWindow Production & Product Addresses Electricity-Generating Glass

SolarWindow Technologies provided an update on the manufacturing, marketing and product fabrication targets for its electricity-generating products for tall towers and skyscrapers.

According to a media release, this update provides further details about the company's key in-place and planned initiatives for the upcoming quarters and follows on the heels of its recently announced production agreement with Triview Glass Industries.

"Our first goal was to invent transparent liquid electricity-generating coatings for commercial use," states John Conklin, President and CEO of SolarWindow Technologies. "Now, our goals are to turn those inventions into fabricated commercial products and bring those products to market in order to turn entire buildings into vertical power generators."

SolarWindow has entered into a Process Integration and Production Agreement with Triview Glass Industries, which will serve as the company's regional glass fabricator.

Important goals and features of the Agreement and SolarWindow partnership with Triview include:

-Integration of SolarWindow coatings and methods into the Triview manufacturing processes;

-Fabrication of specific SolarWindow electricity-generating products at commercial scale, at Triview;

-Development of any patents, intellectual property, and new inventions or discoveries will be owned by SolarWindow; and

-Existing processes at Triview are highly-adaptable to the development of new SolarWindow product lines, especially those featuring tempered, laminated, and insulated glass products.

In preparation of meeting immediate manufacturing, marketing, and expanded product application goals, SolarWindow is pleased to provide the following key in-place and planned initiatives:

-Q4 (2017) - Q2 (2018): Capital raise for integration of SolarWindow at Triview, the acquisition of coating and ancillary equipment for installation at Triview to fabricate electricity-generating glass products, and for working capital.

SolarWindow will provide ongoing updates on fabrication and production targets, and additional commercial collaborations.

-Q2 - Q3 (2018): Follow-on capital raise for the build-out of technical and production personnel; and purchase and installation of additional manufacturing equipment, raw materials and supplies.

Ongoing updates on product lines; sales and marketing, and distribution channels will be provided by SolarWindow.

More Information:

http://www.solarwindow.com

((Comments on this story may be sent to newsdesk@closeupmedia.com))
September 12, 2017
      
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