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Why SolarWindow Technologies Inc (OTCMKTS: WNDW) Is A Long-term Investment Play

Why SolarWindow Technologies Inc (OTCMKTS: WNDW) Is A Long-term Investment Play
Written by
Jim Bloom
Published on
June 13, 2019
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SolarWindow Technologies Inc (OTCMKTS: WNDW) is primed for further gains after powering through a tight trading range. The stock bottoming out of all-time lows comes at a time when the Company is flying higher on the development of transparent liquid coatings that allow passive windows to generate electricity.

WNDW Catalysts And Price Analysis

A $25 million investment from the chair of the board underscores insider confidence about the Company’s long-term prospects and growth metrics. New board appointments are also set to expand SolarWindow Technologies footprint into the commercial real estate space where the Company is targeting opportunities for growth.In addition, SolarWindow Technologies has unveiled a brand awareness campaign ahead of the commercial launch of the electricity generating window product line. With the future looking bright by the day, the stock spiking high does not come as a surprise.A rally followed by a close above the $3.60 resistance level has since opened the door for the stock to continue climbing the ladder as a bounce-back play. As it stands, the stock could make a run for the $5 level where the next resistance waits in the fringes. WNDW Daily ChartA sell-off, followed by a close below the $3.60 support level, would leave the stock exposed to further drops or continue trading sideways, as has been the case for the better part of the first half of the year. However, as it stands, SolarWindow Technologies looks set to continue powering high after breaking out of the $2 to $3 tight trading range.

What Does SolarWindow Technologies Do?

SolarWindow Technologies is a company engaged in the development of electricity-generating see-through windows and products. Its technology provides a way of harvesting light energy from the sun and artificial sources, consequently generate electricity from a transparent coating or photovoltaic solar cells.[embed]https://www.youtube.com/watch?v=xBK9-mrBnS0&t=2s[/embed]

Recent developments

Renewed investor interest follows the announcement that SolarWindow Technologies has ordered high volume manufacturing equipment as it looks to ramp up the production of electricity generating windows.Ramping up production comes on the heels of the company securing a $25 million funding from the Chairman, Harmel Rayat. With the bolstered balance sheet, the Company remains well positioned to bring to market the brand new form of electrification as part of an effort of turning buildings into vertical power generators

“We’re driving our production plans, hard,” said Mr. Rayat. “With ample funds on hand and plenty of opportunities before us, these are certainly exciting times for all our valued shareholders and all of us here at SolarWindow,” he added.

Brand Awareness Campaign

The Company is in the process of launching a brand awareness campaign ahead of the launch of the electricity-generating window product line. Plans are underway to introduce the electricity generating glass products to potential customers, architects, designers, and engineers as well as contractors and commercial building owners.The ultimate goal is to build awareness ahead of the full commercial launch of the products. The Company intends to introduce the largest solar window ever produced among an array of iterations.

“With specialized high-output manufacturing equipment on order, and additional process equipment being specified; and as we get closer to being able to accept sales orders, we believe it is prudent to educate and inform as many people as we possibly can about a brand-new form of electrification – the SolarWindow™,” said Mr. Rayat.

Ahead of the commercial launch, SolarWindow continues to strengthen its board of directors, as it looks to gain access to much-needed expertise and experience for accelerating core business growth. Steve Horvitz, a 25-year commercial real estate veteran is the latest inclusion into the board following the appointment of Mr. Bob Levine.The two join the company with vast experience in real estate. Their expertise and connection should be of great help at a time when SolarWindow is planning to target commercial buildings with its solar generating windows.

Bottom Line

SolarWindow has started showing signs of climbing the ladder as investors take note of its long-term prospects supported by proprietary electricity generating solar windows. The future can only get brighter as the company hits the market with the new products.A transition into a revenue-generating entity is a development that should strengthen market sentiments consequently fuel further upside action. The stock is likely to continue edging higher after bottoming out ahead of the commercial launch of the solar windows.We will be updating our subscribers as soon as we know more. For the latest updates on WNDW, sign up below!Disclosure: We have no position in WNDW and have not been compensated for this article.

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