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Ascent Solar Tec Stock Price, News & Analysis

ASTI NASDAQ

Company Description

Introduction

Ascent Solar Technologies (ASTI) is a prominent developer and manufacturer of state‐of‐the‐art flexible thin‐film photovoltaic (PV) modules that harness advanced thin-film solar technology, innovative manufacturing processes, and an extensive patent portfolio. Emphasizing key performance metrics such as high power-to-weight and power-to-area ratios, ASTI’s products are engineered for applications in photovoltaics, thin-film solar, and aerospace, meeting the demands of environments where conventional solar solutions may fall short.

Core Business and Technological Innovation

At its core, Ascent Solar Technologies specializes in producing flexible, high-performance solar modules that can be integrated into a multitude of substrates and materials. The company’s innovative approach focuses on the development of thin-film solar panels that are not only lightweight and durable but also versatile enough to be directly embedded within building materials, consumer electronics, and even advanced space applications. These modules are distinctly configured to address a spectrum of requirements ranging from terrestrial installations to challenging aerospace environments—where resilience against radiation and extreme conditions is imperative.

Product Integration and Market Applications

ASTI’s technology is distinguished by its ability to seamlessly integrate into standard materials and systems. Its products are incorporated through various channels including OEM partnerships, system integrators, distributors, retailers, and specialized e-commerce platforms. This integration allows for versatile deployment:

  • In industrial and commercial construction, the modules are used to improve energy efficiency and reduce installation complexity.
  • In agrivoltaics, the technology supports dual-use applications by enabling simultaneous energy production and agricultural use.
  • For the aerospace and space sectors, the modules’ lightweight and flexible nature is leveraged in satellites, unmanned aerial vehicles (UAVs), and space missions, where maximizing output while minimizing mass is critical.
This strategic flexibility is a considerable competitive advantage, allowing ASTI to cater to a broad range of market segments with specific performance and integration requirements.

Manufacturing Expertise and Industry Positioning

Backed by decades of research and development along with extensive manufacturing experience, Ascent Solar Technologies has built a robust platform supported by a comprehensive intellectual property portfolio. The company’s production facilities, exemplified by their nameplate capacity centers, are optimized for scale and quality, ensuring that each module meets stringent standards for performance and reliability. This depth of manufacturing expertise not only underpins the quality of the product offerings but also reinforces the company’s position within competitive industries such as renewable energy, aerospace, and industrial construction.

Competitive Landscape and Value Proposition

In a rapidly evolving industry marked by a shift towards renewable energy and technological integration, ASTI differentiates itself through its commitment to innovative thin-film technology and operational efficiency. Unlike traditional rigid solar panels, ASTI’s flexible modules offer distinctive advantages in weight reduction, durability, and ease of integration, making them suitable for high-end applications in space and remote deployments. The company’s ability to combine state-of-the-art technology with tailored product solutions results in a unique value proposition that addresses complex customer needs in niche markets without compromising on reliability and performance.

Research, Development, and Intellectual Property

The backbone of Ascent Solar Technologies is its substantial investment in research and development, spanning over four decades. This commitment has led to multiple technological advancements and numerous industry awards. The company’s extensive patent portfolio and continuous innovation in chemical formulations and production processes not only validate its technological edge but also ensure that its products remain at the forefront of performance in challenging environments. These R&D initiatives are integral in refining product efficiency, enhancing power generation capabilities, and maintaining a competitive stance in the evolving PV market.

Market Significance and Operational Reach

Ascent Solar Technologies has established its market presence across diverse sectors by aligning its product development with emerging trends in energy storage and renewable applications. Its modules have been adopted in both terrestrial and extra-terrestrial environments, including use cases like space missions and high-demand industrial installations. This versatile operational reach underscores the company’s ability to satisfy varying demands ranging from consumer electronics to large-scale aerospace projects, thereby reinforcing its market significance as a provider of innovative energy solutions.

Conclusion

The comprehensive portfolio of Ascent Solar Technologies illustrates a finely tuned balance between technological innovation and practical application. By continuously refining its thin-film PV modules for optimal performance under diverse environmental conditions, the company stands out as an informed, reliable source of advanced solar solutions. This detailed understanding of its business model, technological prowess, and market positioning provides a robust framework for evaluating its role in the broader renewable energy and advanced manufacturing landscapes.

Stock Performance

$1.60
+0.98%
+0.02
Last updated: April 24, 2025 at 15:59
-84.46 %
Performance 1 year
$2.5M
Market Cap
1.7M
Shares outstanding

SEC Filings

No SEC filings available for Ascent Solar Tec.

Financial Highlights

$8,550
Revenue (TTM)
-$1,690,867
Net Income (TTM)
-$1.37
Diluted EPS (TTM)
-$2,050,694
Operating Cash Flow
-19,776.22%
Net Profit Margin
-26,443.23%
Oper. Profit Margin

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Frequently Asked Questions

What is the current stock price of Ascent Solar Tec (ASTI)?

The current stock price of Ascent Solar Tec (ASTI) is $1.585 as of April 23, 2025.

What is the market cap of Ascent Solar Tec (ASTI)?

The market cap of Ascent Solar Tec (ASTI) is approximately 2.5M.

What is the revenue (TTM) of Ascent Solar Tec (ASTI) stock?

The trailing twelve months (TTM) revenue of Ascent Solar Tec (ASTI) is $8,550.

What is the net income of Ascent Solar Tec (ASTI)?

The trailing twelve months (TTM) net income of Ascent Solar Tec (ASTI) is -$1,690,867.

What is the earnings per share (EPS) of Ascent Solar Tec (ASTI)?

The diluted earnings per share (EPS) of Ascent Solar Tec (ASTI) is -$1.37 on a trailing twelve months (TTM) basis.

What is the operating cash flow of Ascent Solar Tec (ASTI)?

The operating cash flow of Ascent Solar Tec (ASTI) is -$2,050,694.

What is the profit margin of Ascent Solar Tec (ASTI)?

The net profit margin of Ascent Solar Tec (ASTI) is -19,776.22%.

What is the operating margin of Ascent Solar Tec (ASTI)?

The operating profit margin of Ascent Solar Tec (ASTI) is -26,443.23%.

What is the current ratio of Ascent Solar Tec (ASTI)?

The current ratio of Ascent Solar Tec (ASTI) is 1.46, indicating the company's ability to pay short-term obligations.

What is the operating income of Ascent Solar Tec (ASTI)?

The operating income of Ascent Solar Tec (ASTI) is -$2,260,896.

What is the core business of Ascent Solar Technologies?

Ascent Solar Technologies develops and manufactures flexible thin-film photovoltaic modules designed for a variety of applications. Its focus is on delivering high-performance solar solutions for both terrestrial and space environments.

How do Ascent Solar’s products differ from traditional solar panels?

ASTI’s flexible thin-film modules offer superior power-to-weight and power-to-area performance compared to rigid traditional panels. Their ability to integrate seamlessly into diverse materials gives them a distinct advantage in specialized applications.

What market segments does Ascent Solar Technologies serve?

The company targets a broad spectrum of sectors including aerospace, agrivoltaics, industrial construction, and consumer electronics. Its products are designed to meet the unique demands of environments from space missions to urban installations.

How does the thin-film technology benefit space applications?

Thin-film solar modules are lightweight, flexible, and resilient to harsh space conditions such as radiation. These attributes allow them to provide sustained power generation for satellites and other space vehicles with minimal mass and complexity.

What role does research and development play at ASTI?

R&D is a cornerstone of ASTI’s operations, driving continuous innovation in chemical formulations and production processes. This dedication has led to a robust patent portfolio and significant technological advancements, ensuring the company remains competitive.

How are Ascent Solar’s products integrated into various applications?

The company utilizes multiple distribution channels, including OEM partnerships, system integrators, and e-commerce platforms. This multi-faceted approach enables seamless integration of their modules in building materials, portable devices, and complex aerospace systems.