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Ascent Solar Technologies Hosts Customer and Partner Discussions During Space Symposium

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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) ha organizzato incontri con clienti e partner durante il 40º Annual Space Symposium nell'aprile 2025. Il direttore delle soluzioni spaziali, Julian Miller, ha condotto visite guidate presso la sede di Thornton per sei organizzazioni, mostrando le loro soluzioni fotovoltaiche flessibili a film sottile.

L'azienda è attualmente impegnata in discussioni RFP/RFQ, esplorando collaborazioni per la produzione congiunta e conducendo test di fattibilità con potenziali partner. Il loro impianto produttivo da 5MW ha la capacità di evadere ordini superiori a 100kW già da questa estate.

Le discussioni si sono concentrate sulle applicazioni dei prodotti fotovoltaici CIGS nei settori commerciale, civile e della difesa, includendo mercati emergenti come la produzione nello spazio, le reti di energia distribuita spaziale e le operazioni sulla superficie lunare.

Ascent Solar Technologies (NASDAQ: ASTI) organizó reuniones con clientes y socios durante el 40º Simposio Espacial Anual en abril de 2025. El director de Soluciones Espaciales, Julian Miller, realizó visitas a las instalaciones en Thornton para seis organizaciones, mostrando sus soluciones fotovoltaicas flexibles de película delgada.

La compañía está actualmente involucrada en discusiones de RFP/RFQ, explorando emprendimientos conjuntos de fabricación y realizando pruebas de viabilidad con posibles socios. Su planta de producción de 5MW tiene la capacidad para cumplir pedidos superiores a 100kW este verano.

Las conversaciones se centraron en las aplicaciones de productos fotovoltaicos CIGS en los sectores comercial, civil y de defensa, incluyendo mercados emergentes como la fabricación en el espacio, redes de energía espacial distribuidas y operaciones en la superficie lunar.

Ascent Solar Technologies (NASDAQ: ASTI)는 2025년 4월 개최된 제40회 연례 우주 심포지엄에서 고객 및 파트너 미팅을 주최했습니다. 우주 솔루션 담당 이사인 Julian Miller가 Thornton 위치에서 여섯 개 조직을 대상으로 시설 투어를 진행하며 유연한 박막 태양광 솔루션을 선보였습니다.

회사는 현재 RFP/RFQ 논의에 참여 중이며, 공동 제조 사업을 모색하고 잠재 파트너와 타당성 테스트를 진행하고 있습니다. 5MW 생산 시설은 올여름 100kW 이상의 주문을 소화할 수 있는 능력을 갖추고 있습니다.

논의는 상업용, 민간 및 국방 부문에서의 CIGS 태양광 제품 적용에 집중되었으며, 우주 내 제조, 분산 우주 전력망, 달 표면 작전 등 신흥 시장도 포함되었습니다.

Ascent Solar Technologies (NASDAQ : ASTI) a organisé des réunions avec ses clients et partenaires lors du 40e Symposium spatial annuel en avril 2025. Julian Miller, le directeur des solutions spatiales, a conduit des visites de leurs installations à Thornton pour six organisations, présentant leurs solutions photovoltaïques flexibles à couche mince.

L'entreprise est actuellement engagée dans des discussions RFP/RFQ, explorant des partenariats de fabrication conjointe et réalisant des tests de faisabilité avec des partenaires potentiels. Leur usine de production de 5 MW a la capacité de traiter des commandes supérieures à 100 kW cet été.

Les discussions ont porté sur les applications des produits photovoltaïques CIGS dans les secteurs commercial, civil et de la défense, incluant des marchés émergents tels que la fabrication dans l’espace, les réseaux électriques spatiaux distribués et les opérations sur la surface lunaire.

Ascent Solar Technologies (NASDAQ: ASTI) veranstaltete im April 2025 während des 40. jährlichen Space Symposium Kundentreffen und Partnergespräche. Der Direktor für Raumfahrtlösungen, Julian Miller, führte sechs Organisationen durch die Einrichtung in Thornton und präsentierte ihre flexiblen Dünnschicht-Photovoltaiklösungen.

Das Unternehmen ist derzeit in RFP/RFQ-Diskussionen involviert, prüft gemeinsame Fertigungsprojekte und führt Machbarkeitstests mit potenziellen Partnern durch. Die 5MW-Produktionsanlage hat die Kapazität, diesen Sommer Bestellungen über 100kW zu erfüllen.

Die Gespräche konzentrierten sich auf die Anwendungen von CIGS-PV-Produkten in den kommerziellen, zivilen und Verteidigungsbereichen, einschließlich aufstrebender Märkte wie der Fertigung im Weltraum, verteilten Raumstromnetzen und Operationen auf der Mondoberfläche.

Positive
  • Production facility ready to fulfill significant orders (>100kW) by summer 2025
  • Active engagement in RFP/RFQ discussions and joint manufacturing ventures
  • Strong interest from multiple organizations in space sector
Negative
  • None.

THORNTON, Colo., April 24, 2025 (GLOBE NEWSWIRE) -- Ascent Solar Technologies ("Ascent" or the "Company") (Nasdaq: ASTI), the leading U.S. innovator in the design and manufacturing of featherweight, flexible thin-film photovoltaic (PV) solutions, today reported on its in-person tours and meetings hosted during the 40th Annual Space Symposium in Colorado Springs earlier in April 2025.

Director of Space Solutions, Julian Miller, hosted six organizations onsite at the Company’s Thornton facility, and met with several others while attending the conference. Visitors reviewed the scale of Ascent’s operations, met with its technical team to better understand its customization and features, and further discussed collaborations for future space programs with respect to both product development and direct sales. The Company is now engaging in RFP/RFQ discussions, pursuing joint manufacturing ventures, and performing feasibility testing with prospective partners and customers.

"The market feedback received at the Space Symposium speaks volumes, not just about Ascent technology, but also our manufacturing processes in the U.S. that enable our supply chain to remain strong," said Julian Miller, Director of Space Solutions at Ascent Solar Technologies. "We will continue to engage the biggest and brightest brands in space tech and demonstrating that our product is second to none in the low earth environment."

Ascent’s 5MW production facility currently has the capacity to ship orders in excess of 100kW this summer. Space industry discussions include the exploration of new advanced capabilities enabled by Ascent’s CIGS PV products’ combination of resiliency with mass, volume, cost and schedule efficiencies. These opportunities span across commercial, civil and defense market sectors and include emerging markets such as in-space manufacturing, distributed space power grids and Lunar surface operations, among others.

All parties interested in participating in a facility tour are encouraged to reach out via Ascent’s contact page.

About Ascent Solar Technologies, Inc.

Backed by 40 years of R&D, 15 years of manufacturing experience, numerous awards, and a comprehensive IP and patent portfolio, Ascent Solar Technologies, Inc. is a leading provider of innovative, high-performance, flexible thin-film solar panels for use in environments where mass, performance, reliability, and resilience matter. Ascent’s photovoltaic (PV) modules have been deployed on space missions, multiple airborne vehicles, agrivoltaic installations, in industrial/commercial construction as well as an extensive range of consumer goods, revolutionizing the use cases and environments for solar power. Ascent Solar’s research and development center and 5-MW nameplate production facility is in Thornton, Colorado. To learn more, visit https://www.ascentsolar.com.

Forward-Looking Statements

Statements in this press release that are not statements of historical or current fact constitute "forward-looking statements" including statements about the financing transaction, our business strategy, and the potential uses of the proceeds from the transaction. Such forward-looking statements involve known and unknown risks, uncertainties and other unknown factors that could cause the company's actual operating results to be materially different from any historical results or from any future results expressed or implied by such forward-looking statements. We have based these forward-looking statements on our current assumptions, expectations, and projections about future events. In addition to statements that explicitly describe these risks and uncertainties, readers are urged to consider statements that contain terms such as "will," "believes," "belief," "expects," "expect," "intends," "intend," "anticipate," "anticipates," "plans," "plan," to be uncertain and forward-looking. No information in this press release should be construed as any indication whatsoever of our future revenues, stock price, or results of operations. The forward-looking statements contained herein are also subject generally to other risks and uncertainties that are described from time to time in the company's filings with the Securities and Exchange Commission including those discussed under the heading "Risk Factors" in our most recently filed reports on Forms 10-K and 10-Q.

Media Contact

Spencer Herrmann
FischTank PR
ascent@fischtankpr.com


FAQ

What manufacturing capacity does Ascent Solar (ASTI) currently have for space-related orders?

Ascent Solar's 5MW production facility can fulfill orders exceeding 100kW in summer 2025.

What markets is Ascent Solar (ASTI) targeting with their CIGS PV technology?

ASTI is targeting commercial, civil, and defense space sectors, including in-space manufacturing, distributed space power grids, and Lunar surface operations.

How many organizations toured Ascent Solar's (ASTI) facility during the Space Symposium 2025?

Six organizations toured Ascent Solar's Thornton facility during the Space Symposium in April 2025.

What type of discussions is Ascent Solar (ASTI) currently engaged in following the Space Symposium?

ASTI is engaged in RFP/RFQ discussions, pursuing joint manufacturing ventures, and performing feasibility testing with prospective partners and customers.
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