SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
(Rule 13d-102)
INFORMATION STATEMENT PURSUANT TO RULES 13D-1 AND 13D-2
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(Amendment No. _)1
AstroPower, Inc.
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(Name of Issuer)
Common Stock, $.01 par value
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(Title of Class of Securities)
04644A 10 1
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(CUSIP Number)
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1 The remainder of this cover page shall be filled out for a reporting person's
initial filing on this form with respect to the subject class of securities, and
for any subsequent amendment containing information which would alter the
disclosures provided in a prior cover page.
The information required in the remainder of this cover page shall not
be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange
Act of 1934 ("Act") or otherwise subject to the liabilities of that section of
the Act but shall to all other provisions of the Act (however, see the Notes).
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CUSIP NO.04644A 10 1 Page 2 of 6 Pages
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1 NAME OF REPORTING PERSON
S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
(ENTITIES ONLY)
Astrosystems, Inc.
13-5691210
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A
GROUP*
(a) |_|
(b) |_|
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3 SEC USE ONLY
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4 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
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5 SOLE VOTING POWER
943,750
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NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
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6 SHARED VOTING POWER
-0-
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7 SOLE DISPOSITIVE POWER
943,750
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8 SHARED DISPOSITIVE POWER
-0-
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9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH
REPORTING PERSON
943,750
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10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
CERTAIN SHARES*
[ ]
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11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
11.1%
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12 TYPE OF REPORTING PERSON*
CO
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*SEE INSTRUCTION BEFORE FILLING OUT!
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Item 1(a) Name of Issuer:
AstroPower, Inc.
Item 1(b) Address of Issuer's Principal Executive Offices:
Solar Park
Newark, Delaware 19716-2000
Item 2(a) Name of Person Filing:
Astrosystems, Inc.
Item 2(b) Address of Principal Business Office or, if none, Residence:
1220 Market Street, Suite 603
Wilmington, DE 19801
Item 2(c) Citizenship:
Delaware
Item 2(d) Title of Class of Securities:
Common Shares, par value $.01 per share
Item 2(e) CUSIP Number:
04644A 10 1
Item 3 This statement is not filed pursuant to Rule 13d-l(b) or 13d-2(b).
Item 4(a) Amount Beneficially Owned as of December 31, 1998:
943,750
Item 4(b) Percent of Class:
11.1%
Item 4(c) Number of shares as to which such person has:
(i) sole power to vote or to direct the vote: 943,750
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(ii) shared power to vote or to direct the vote: -0-
(iii) sole power to dispose or to direct the disposition of: 943,750
(iv) shared power to dispose or to direct the disposition of: -0-
Item 5 Ownership of Five Percent or Less of a Class.
Inapplicable.
Item 6 Ownership of More than Five Percent on Behalf of Another Person.
Inapplicable.
Item 7 Identification and Classification of the Subsidiary Which Acquired the
Security Being Reported on By the Parent Holding Company.
Inapplicable.
Item 8 Identification and Classification of Members of the Group.
Inapplicable.
Item 9 Notice of Dissolution of Group.
Inapplicable.
Item 10 Certification.
Inapplicable.
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SIGNATURE
After reasonable inquiry and to the best of our knowledge and belief,
we certify that the information set forth in this statement is true, complete
and correct.
August 9, 1999
------------------------
Date
ASTROSYSTEMS, INC.
By:\s\ Giblert H. Steinberg
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Gilbert H. Steinberg,
Vice President
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