New solar panels from IAUS to use lucite
"Breakthrough solar power technology developed by IAUS may become the first solar power to compete with gas."
- Neldon Johnson, CEO
American Fork, Utah, USA - International Automated Systems (OTCBB: IAUS) is up 5% this morning on an announcement that it has signed a supply agreement with Lucite International, a leader in the design, development and manufacture of acrylic-based products.
IAUS is planning to build thin film-powered solar panels featuring concentrating lenses built out of lucite, at a fraction of the cost of today's photovoltaic solar panels.