Alta Pursuing Military, $20 Billion IPad Solar Market
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Alta Devices Inc., a U.S. maker of thin-film solar cells, expects military applications from drones to gadget-charging tents and backpacks will generate about 80 percent of its revenue this year. After that, Chief Executive Officer Christopher Norris is aiming at the global mobile-phone market.
The U.S. Department of Defense will pay a premium for Alta’s flexible, high-performance solar cells that are sewn into backpacks, tents and clothing and generate power in remote locations, Norris said yesterday in an interview.