July 23, 2016 11:14 PM ET

Semiconductors and Semiconductor Equipment

Company Overview of PowerFilm, Inc.

Company Overview

PowerFilm, Inc., a solar technology company, develops, manufactures, markets, and sells solar modules for Government and military, custom original equipment manufacturing, and consumer markets worldwide. The company offers foldable and rollable solar panels; golf cart panels; charge controllers and cables; and marine solar panels. It also provides accessories, including marine-grade components, connectors, power port adapters, extension cords, and adventure and assurance kits. PowerFilm, Inc. was founded in 1988 and is based in Ames, Iowa.

1287 XE Place

Ames, IA 50014

United States

Founded in 1988

63 Employees

Phone:

515-292-7606

Fax:

515-292-1922

Key Executives for PowerFilm, Inc.

Co-Founder, Chief Executive Officer and Director
Age: 70
Co-Founder and Non-Executive Director
Age: 69
Chief Financial Officer
Vice President of Operations
Vice President of Building Integrated, Business Development & External Relations and Public Information Officer
Age: 56
Compensation as of Fiscal Year 2016.

PowerFilm, Inc. Key Developments

PowerFilm, Inc. Wins Military Contract

PowerFilm, Inc. has again been selected by the US Army and Thales Defense & Security, Inc. (TDSI) to support the military's continuing efforts to lighten the Soldier's load and make him or her more energy self-sustaining on the battlefield through the use of rechargeable batteries. PowerFilm's advanced lightweight 120 watt foldable solar panel was chosen as a primary accessory to the Thales Universal Battery Charger - a key system used in remote areas to charge multiple battery types. The PowerFilm solar panel is used to supply power to the UBC allowing the squad or platoon to operate for at least 72 hours without battery resupply in austere areas "off the grid." The use of systems like the UBC, and the PowerFilm solar panel used to power it, allow these War-fighters to keep their equipment charged in areas where no commercial power is available. PowerFilm's lightweight, foldable, durable, and extremely portable 120 watt solar panel fits easily into the Soldier's rucksack and can be rapidly deployed during halts offering reliable, safe, and secure power anywhere on the globe.

PowerFilm, Inc. Announces the Release of the LightSaver

In 2015, PowerFilm, Inc. announced the release of the LightSaver, the first in new consumer driven LightSaver line of products. PowerFilm will be providing the media and attendees of the upcoming Consumer Electronic's Show (CES) a sneak peak of two additional products in the line, the Pocket and the Max, scheduled for release in early 2016. The LightSaver line of products provides consumers with a green solution to remote power needs and is perfect for providing energy for a variety of electronic devices including cell phones, tablets, and cameras. In addition, PowerFilm products are manufactured in the United States using the amorphous silicon technology, making the panels incredibly flexible. As a result of using this technology, PowerFilm products provide the consumer with a number of advantages over products using competing solar technologies.

PowerFilm, Inc. Announces New LightSaver Product Line

PowerFilm, Inc. announced the unveiling of their new LightSaver product line at the summer 2015 Outdoor Retail Market scheduled to take place from August 5th through the 8th in Salt Lake City, Utah. In addition, PowerFilm will be providing a sneak preview of its new, innovative products during a pre-show media event sponsored by the Outdoor Retailer Market. PowerFilm's LightSaver products are durable, compact and lightweight and are part of a solar charging system. The smallest product in the line is the LightSaver Pocket which weighs a mere 3.5 ounces with a 2.8 Ah USB charger and is perfect for charging cell phones, tablets, MP3 players, camera batteries, GoPros®, GPS systems, etc. It features 1 USB Output and a multi-color (red/Green) LED that indicates percent of charge. The LightSaver weighs slightly more than the Pocket version at 4.7 ounces but packs more power at 3.2 Ah and twice the solar. Like the LightSaver Pocket, the standard LightSaver has 1 USB output and a multi-color LED that indicates percent of battery charge. It is perfect for charging the same items the Pocket will, but provides more bang for the buck from the solar panel. Loaded with 16Ah of power, the LightSaver Maxx comes in at a mere 1 lb in weight. The Maxx takes the basic functionality of the LightSaver but increases the battery capacity and adds a high power output for higher draw electronics such as laptops.

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