Palm City, Fla.-headquartered SOL Inc. (formerly Solar Outdoor Lighting Inc.), a manufacturer of solar lighting products, has announced the acquisition of Advanced Science and Technology Inc. (AST), a Stuart, Fla.-based designer, developer and manufacturer of electronic devices.
‘Our competitive advantage lies in the efficacy of our lamp technology and the way we drive the lamps, charge and discharge the batteries to assure their long life,’ says Michael W. Sonnenfeldt, chief executive officer of SOL Inc. ‘AST has made significant contributions in the past to improve the efficacy of our solar systems for the benefit of our customers. It is only natural that we want to secure this important source of proprietary technology for us to prepare for the explosive growth that will follow the introduction of our new LED-based lighting products.’