Welcome to our dedicated page for Ascent Solar Tec news (Ticker: ASTI), a resource for investors and traders seeking the latest updates and insights on Ascent Solar Tec stock.
Ascent Solar Technologies (ASTI) delivers innovative thin-film photovoltaic solutions for aerospace, agrivoltaics, and specialized industrial applications. This news hub provides investors and industry professionals with essential updates on technological advancements, strategic partnerships, and market developments.
Access curated press releases and analysis covering product innovations, manufacturing milestones, and sector-specific deployments of ASTI's lightweight solar modules. Our repository includes updates on space program collaborations, agrivoltaic system integrations, and performance data from extreme environment testing.
Key content categories feature earnings reports, intellectual property updates, and deployment case studies across defense, agriculture, and consumer electronics sectors. Bookmark this page for streamlined tracking of ASTI's progress in advancing flexible solar technology for critical infrastructure and next-generation energy solutions.
Ascent Solar Technologies (NASDAQ: ASTI), a U.S. manufacturer of CIGS thin-film photovoltaic solutions, has announced a $2.0 million public offering. The offering consists of 1,000,000 shares of common stock (or pre-funded warrants) and warrants to purchase up to 1,000,000 additional shares at a combined price of $2.00 per share and warrant.
The warrants will be immediately exercisable at $2.00 per share with a five-year expiration term. The offering, managed by H.C. Wainwright & Co. as exclusive placement agent, is expected to close around June 30, 2025. The company plans to use the proceeds for working capital, product development, administrative expenses, and other corporate purposes.
Ascent Solar Technologies (Nasdaq: ASTI) has signed a Teaming Agreement to provide thin-film solar technology solutions to a US-based defense solutions provider for orbital applications. The company's CIGS PV product line, manufactured at their 5 MW facility in Thornton, CO, offers significant advantages including rapid delivery times of 6-8 weeks compared to industry standard 9-12 months.
The agreement leverages Ascent's lightweight, flexible, and durable solar technology design, which is specifically suited for space environment challenges. The company has previously received orders for spaceflight hardware assemblies scheduled for delivery in summer 2025.
Ascent Solar Technologies (Nasdaq: ASTI) has entered into a 12-month Collaborative Agreement Notice (CAN) with NASA Marshall Space Flight Center and NASA Glenn Research Center to advance thin-film PV power beaming capabilities. The collaboration aims to develop CIGS PV modules capable of generating power from energy-dense light beams at intensities up to 10 times that of Earth's Sun.
The partnership builds on NASA's successful 2023 Psyche Mission demonstration of deep space laser communications and 2024 bench-testing of Ascent's commercial products. This technology could significantly reduce spacecraft mass and volume requirements, potentially saving millions per lunar mission, where delivery costs range from $1-10 million per kilogram.
Ascent Solar Technologies (NASDAQ: ASTI) has signed a Master Services Agreement with NOVI Space to provide rollable photovoltaic (PV) array blankets for NOVI's AI-powered satellite constellation, set to launch in early 2026. The agreement includes NOVI sharing orbital performance data of the solar arrays with Ascent.
As a key advantage, Ascent can deliver mission-optimized solar arrays in just 6-8 weeks, significantly outpacing competitors who typically require 9-12 months. The company manufactures its CIGS PV products at its 5MW facility in Thornton, CO. The partnership aims to support NOVI's mission of delivering real-time Earth Observation insights directly from space.
Ascent Solar Technologies (NASDAQ: ASTI) hosted customer and partner meetings during the 40th Annual Space Symposium in April 2025. The company's Director of Space Solutions, Julian Miller, conducted facility tours at their Thornton location for six organizations, showcasing their flexible thin-film photovoltaic solutions.
The company is currently engaged in RFP/RFQ discussions, exploring joint manufacturing ventures, and conducting feasibility testing with potential partners. Their 5MW production facility has the capacity to fulfill orders exceeding 100kW this summer.
Discussions focused on CIGS PV products applications across commercial, civil, and defense sectors, including emerging markets like in-space manufacturing, distributed space power grids, and Lunar surface operations.
Ascent Solar Technologies (NASDAQ: ASTI) announced that its Director of Space Solutions, Julian Miller, will be conducting meetings and facility tours during the 40th Annual Space Symposium in Colorado Springs from April 7th-10th, 2025.
The company will showcase its thin-film photovoltaic (PV) solutions at its 5MW production facility in Thornton, Colorado, to symposium attendees and major defense contractors. The facility currently has capacity to fulfill orders exceeding 100kW by summer.
Discussions will focus on Hardware Developer Kit partnerships and potential collaborations across commercial, civil, and defense space sectors. Applications include in-space manufacturing, distributed space power grids, and Lunar surface operations. The company is working to provide comprehensive test data for buyers interested in integrating lightweight solar arrays.
Ascent Solar Technologies (ASTI) has successfully delivered spaceflight-ready photovoltaic (PV) blankets to a major European space systems provider in a record-breaking two-week timeframe. The delivery showcases Ascent's flexible CIGS PV technology, which enables rollable solar arrays within strict mass and volume constraints.
The PV blankets are scheduled for space deployment later this year, with qualification test and spaceflight operational data to be shared through Ascent's Hardware Developer Kit program. This program aims to help space mission managers implement Plug & Fly™ solar array hardware assemblies.
The rapid delivery was made possible by Ascent's 5 MW production facility and refined manufacturing processes, allowing for quick customization while reducing mission risk and cost for the European partner.
Ascent Solar Technologies (NASDAQ: ASTI) has received an order to revise its space solar products design following evaluation for beamed power capabilities. The company's CIGS photovoltaic products underwent performance testing by multiple third parties, leading to the development of a beamed-power optimized module prototype within one month.
Test results confirmed the superior thermal properties of Ascent's CIGS PV material and showed potential for increased performance. The company is now implementing design modifications based on recent testing outcomes. Operating from its 5MW manufacturing facility in Thornton, CO, Ascent demonstrates reliable Manufacturing Readiness Levels (MRLs) with the ability to quickly design and iterate space solar array products.
The company's CIGS manufacturing process offers advantages over traditional silicon-based PV products, allowing customization of design features and production processes for specific customer applications in the expanding space-based solar power market.
Ascent Solar Technologies (ASTI) has provided a business update highlighting its progress in establishing long-term revenue through space solar solutions. The company is currently collaborating with multiple strategic partners in the space market, including a major defense contractor, deployable technology companies, and a satellite company for integration testing of their thin-film CIGS solar technology.
CEO Paul Warley announced that the company's turnaround process has been completed, with their products now achieving higher device performance necessary for space-based power applications. The company's solar efficiency improvements are creating new revenue opportunities driven by increasing demand for space vehicle power and solar energy beaming. All products are manufactured domestically at their Thornton, CO facility.
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