Trooperstocks
2 weeks ago
$ASTI News: Ascent Solar Technologies Enters into Teaming Agreement to Supply US-based Defense Solutions Provider with Thin-Film Solar Technology for Orbital Application
Ascent Solar Technologies, Inc.
Fri, June 27, 2025 at 8:59 AM EDT
In This Article: ASTI
Ascent Solar Technologies, Inc.
THORNTON, Colo., June 27, 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, announced today that it has entered into a Teaming Agreement to supply a US-based defense solutions provider with its cutting edge, thin-film solar technology solutions for upcoming orbital applications and future missions.
“Our thin-film solar technology’s ability to reliably deliver power solutions on short timelines makes Ascent the perfect choice for agreements with defense tech brands,” said Paul Warley, Chief Executive Officer of Ascent Solar Technologies. “There are a number of hurdles slowing the deployment of reliable solar solutions in space that few are equipped to face. However, Ascent’s technology differentiators - specifically our lightweight, flexible and durable design -continue to provide a market-ready solution that mitigates many space environment challenges, allowing for long-term application on a wide variety of spacecraft.”
Ascent is able to offer mission-optimized solar array solutions using its CIGS PV product line that has been developed with spaceflight heritage. These high-maturity CIGS PV products are produced domestically in the Company’s 5 MW facility in Thornton, CO, enabling array deliveries in just six-to-eight weeks. In contrast, most competitors are unable to meet tight delivery deadlines, often requiring lead times of nine-to-twelve months. Earlier this year, the Company received several orders for spaceflight hardware assemblies that are on schedule to be completed and delivered this summer.
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.
Media Contact
Spencer Herrmann
FischTank PR
ascent@fischtankpr.com
Trooperstocks
2 weeks ago
$ASTI News: Ascent Solar Technologies Enters Collaborative Agreement Notice with NASA to Advance Development of Thin-Film PV Power Beaming Capabilities
Ascent Solar Technologies, Inc.
Thu, June 26, 2025 at 8:00 AM EDT 5 min read
In This Article: ASTI
Ascent Solar Technologies, Inc.
THORNTON, Colo., June 26, 2025 (GLOBE NEWSWIRE) -- Ascent Solar Technologies (Nasdaq: ASTI) (“Ascent” or the “Company”), the leading U.S. innovator in the design and manufacture of featherweight, flexible, and durable CIGS thin-film photovoltaic (PV) solutions, announced today that the company is commencing work on a Collaborative Agreement Notice (CAN) with NASA Marshall Space Flight Center (MSFC) and support from NASA Glenn Research Center (GRC) to efficiently advance capabilities for receiving beamed power using CIGS PV modules.
The CAN program targets rapid iterative development to mature commercial products for enabling mission architectures to include beamed power. The public-private partnership includes Ascent contributing design and prototyping services with NASA providing technical subject matter expertise and test services through combined MSFC & GRC efforts. This 12-month technology maturation will result in commercial products being made available for distributed space power infrastructure, drastically lowering the cost, complexity and risk of NASA missions.
Launched in 2023, NASA’s Psyche Mission has demonstrated deep space laser communications across 19 million miles of space, validating the efficacy of tight-beaming technologies over vast distances. Bench-testing conducted by NASA MSFC in 2024 demonstrated receiving beamed power using Ascent’s commercial-off-the-shelf (COTS) products as a preceding validation of the technology prior to the CAN award.
The CAN is evaluating the ability of Ascent’s CIGS PV modules to generate power while illuminated by energy-dense beams of light, with goals to convert more usable power from the equivalent of tens of Earth’s Sun. The ability to remotely receive 10x more power on-demand while using the same PV cells tasked with collecting sunlight can significantly reduce solar array mass and volume required to meet mission power needs. In practice, this suggests that beamed-power architectures can lead to reductions of both spacecraft mass and volume budgets. These size efficiencies will result in agency payloads proportionally increasing relative to the spacecraft as a whole, thus allowing the prioritization of more technology, science and exploration within limited mission budgets.
Planetary missions require advanced surface mobility logistics and depend on power generation subsystems that comprise a substantial proportion of the landed downmass. It is here where Ascent technology poses a potential solution for reducing spacecraft power system mass and volume needs, creating a significant impact on the overall mission.
The CAN’s goals include increasing the array power output while lengthening the operational duty cycles to verify that improvements to this emerging technology can help enable NASA to effectively and efficiently achieve the agency’s Commercial Lunar Payload Services (CLPS) missions, Artemis campaign to the Moon, and planetary science objectives. This includes enabling surviving the lunar night as well as powering remote access to areas of scientific interest such as cold traps and permanently shadowed regions on the Moon (PSRs) where water, the potential key to lunar in-situ resource utilization (ISRU), is believed to be located in high concentrations. Ultimately, this could lead to an order of magnitude reduction in the downmass required to access expensive space exploration and science mission destinations. The going rate for robotic landers on the Moon is between 6 & 7-figures per kilogram delivered to the lunar surface, equating to upwards of tens of millions of potential savings per lander mission.
“This collaboration with NASA further bolsters our longstanding belief that the unique capabilities of thin-film solar technology will play an integral role in overcoming the challenges of reliably converting solar energy and also receive beamed power in a breadth of harsh space environments,” said Paul Warley, CEO of Ascent Solar Technologies. “Through our work together, we plan to bring an even more capable product line to market that will reduce mission costs and complexities while improving PV efficiency, making our technology a crucial piece of future space missions.”
This cross-NASA-center teaming is demonstrative of rallying together with commercial partners to achieve the agency’s broader Lunar program goals. Beamed power stands to allow NASA program dollars to accomplish more at a fraction of the cost. With 55 countries having signed the Artemis Accords since 2020, the establishment of critical Lunar infrastructure with less resources required facilitates achieving more together with international partners.
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
Trooperstocks
4 weeks ago
$ASTI News: Ascent Solar Technologies Achieves Record New Efficiency of 15.7% at Production Scale for its CIGS Solar Technology
Ascent Solar Technologies, Inc.
Mon, June 9, 2025 at 8:30 AM EDT
In This Article:
ASTI Ascent Solar Technologies, Inc.
THORNTON, Colo., June 09, 2025 (GLOBE NEWSWIRE) -- Ascent Solar Technologies, (Nasdaq: ASTI) ("Ascent" or the "Company"), the leading U.S. innovator in the design and manufacture of featherweight, flexible, and durable CIGS thin-film photovoltaic (PV) solutions, today announced that its thin-film CIGS technology reached record efficiency at 15.7% (AM0) at production scale. This achievement aligns with the Company’s previously announced 2025 strategy which aimed to continue improving upon its thin-film PV’s material quality, technological efficiency and production design optimization to increase the applicability of the technology in the space market.
Using the Titan™, a module approximately one square foot in size, Ascent can now produce a formidable 15.7 watts in power per unit. These modules are approximately 0.03mm in thickness and just over eight grams in weight, possess an impressive power density of 1960W/kg before encapsulation.
Ascent’s engineering and production teams have consistently achieved increases in device efficiency and overall performance since September 2023. In the last 18 months, Ascent has reached significant milestones in efficiency testing, with the latest achievement of 15.7% representing a significant increase from Q1 2024:
Q3 2023: 11.6 watts
Q4 2023: 13.3 watts
Q1 2024: 14.0 watts
Q2 2025: 15.7 watts
(Note: Power generation figures reflect STC conditions and AM0)
"These continued efficiency improvements for our CIGS arrays are the direct result of our U.S.-based manufacturing team’s tireless focus on process improvement and advanced device engineering," said Paul Warley, CEO of Ascent Solar Technologies. "The jump in device efficiency we’ve experienced over the past two years has dramatically enhanced our technology’s readiness for the space market, positioning it as an ideal solar material choice for satellite power systems and other spacecraft."
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
Trooperstocks
3 months ago
$ASTI NEWS: Ascent Solar Technologies Leadership Offers Thin-Film Solar Facility Tours to Prospective Customers During 40th Annual Space Symposium
Ascent Solar Technologies, Inc.
Tue, April 1, 2025 at 7:30 AM EDT 4 min read
In This Article:
ASTI -Ascent Solar Technologies, Inc.
THORNTON, Colo., April 01, 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 announced that its Director of Space Solutions, Julian Miller, will be taking meetings during the 40th Annual Space Symposium in Colorado Springs from April 7th-10th. Leading up to and throughout the event the Company will conduct tours of its 5MW production facility at its headquarters in Thornton, Colorado for symposium attendees and major defense contractors. Ascent will present its thin-film PV offerings and discuss potential space Hardware Developer Kit partnerships, as well as upcoming mission and program opportunities.
The Space Symposium unites global space professionals from all sectors to connect and explore critical space issues. Miller will have the opportunity to meet with potential customers and partners across the commercial, civil and defense space industry sectors to discuss the adept performance and benefits of Ascent’s thin-film PV in orbital and planetary surface environments.
“Our team is actively working to establish standard combined offerings to make a greater depth of test data available for prospective space industry buyers evaluating how to best interface and integrate lighter-weight, lower mass solar arrays,” said Julian Miller, Director of Space Solutions at Ascent Solar Technologies. “As we continue to hold discussions with industry-leading providers of solar array structures and deployable mechanisms that enable satellites and other spacecraft to utilize our efficient thin-film PV products, we welcome new entities to connect with us and take a tour of our facilities while they are in the area for the Symposium.”
Ascent’s 5MW production facility currently has the capacity to ship orders in excess of 100kW this summer. Meetings with prospective customers include interest in trade studies for rapidly deliverable solutions that are drop-in replacements and backward compatible with existing capabilities enabled by the Company’s most recent PV product performance increases. Other 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
ProfitScout
3 months ago
$ASTI News: Ascent Delivers Spaceflight-Ready PV Blankets to European Space Systems Provider in Record-Breaking Two Weeks for Launch this Year
THORNTON, Colo., March 28, 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 announced the delivery of spaceflight-ready PV blankets to a leading European space systems provider, enabling an innovative new capability for making spacecraft lighter and more powerful. It is expected to be flown to space later this year.
Ascent’s flexible CIGS PV design allows the delivered space solar array products to provide mission-enabling rollability within challenging mass and volumetric constraints. Qualification test and spaceflight operational data is expected to be made available to prospective customers as available as part of Ascent’s Hardware Developer Kit program, aimed at making it easier for space mission managers and spacecraft engineers to unlock both mass savings and increased performance with Plug & Fly™ solar array hardware assemblies.
“This space systems partner approached us with tough mission requirements that needed to be met in less than four weeks,” said Paul Warley, CEO of Ascent Solar Technologies. “Thankfully, our technology’s unique design allows for swift customization for situations like these. Opportunities like this will be instrumental as we continue to expand our presence in Europe’s growing space market.”
Ascent’s spaceflight-proven, high-TRL solar array products allow for rapid customization and short delivery timelines, thanks to its 5 MW production facility and refined manufacturing processes. This partnership enables the European space systems provider to leverage Ascent’s expertise, reducing both mission risk and cost.
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
https://www.globenewswire.com/newsroom/ti?nf=OTQxMjgxOSM2ODM5NzMxIzUwMDExNDU4Mw==
https://ml.globenewswire.com/media/ZTBjYjcyNWItYzY4ZS00YjhmLTg1MDYtZGM4YzVlNDQ1YWNjLTUwMDExNDU4My0yMDI1LTAzLTI4LWVu/tiny/Ascent-Solar-Technologies-Inc-.png
Source: Ascent Solar Technologies, Inc.
INV4
3 months ago
Ascent Solar Technologies Receives Order for Advanced Space PV Module Design Revision
March 27 2025 - 5:15PM
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 announced that it has received an order to revise the design of its space solar products after being evaluated by a potential customer interested in technologies capable of receiving beamed power.
Ascent’s CIGS PV products have undergone performance testing by multiple third parties evaluating technologies for receiving beamed power. An initial beamed-power optimized module was designed, prototyped, and delivered to multiple third parties for testing and evaluation in less than one month’s time.
Analysis of both the preliminary commercial off-the-shelf CIGS PV module and the beamed power optimized CIGS PV module prototype test data validated Ascent’s CIGS PV material’s superior thermal properties and demonstrated a pathway to further increase performance and power output. This design iteration was the basis of the most recent order received for the enhanced prototype after additional testing conducted this week. The Company is now fine-tuning module design modifications.
“As interest grows for power beaming and space-based solar power, our thin-film PV technology will stand out as a clear solution for that maximizing efficiency while mitigating the risks around solar solutions in space,” said Paul Warley, CEO of Ascent Solar Technologies. “As we continue to fine-tune our technology to meet each of our customers’ unique needs, we expect to experience increased demand and revenue opportunities.”
Ascent’s ability to quickly design, iterate, and refine space solar array products in its 5MW manufacturing facility in Thornton, CO demonstrates the reliable Manufactured Readiness Levels (MRLs) for current and prospective customers. The Company is differentiated from traditional space solar providers’ silicon-based PV products, as Ascent’s CIGS manufacturing process allows design features and production processes to be adjusted for each customer’s application needs. These agile and bespoke design capabilities enable the Company to provide superior products relative to other prospective solar providers, meeting the needs of global customers as the space-based solar power market expands.
To receive sales and demonstration information, please submit an inquiry here: https://ascentsolar.com/contact-us.
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.
https://ih.advfn.com/stock-market/NASDAQ/ascent-solar-technologies-ASTI/stock-news/95724633/ascent-solar-technologies-receives-order-for-advan
$ASTI
Trooperstocks
4 months ago
$ASTI NEWS: Ascent Solar Technologies Publishes Business Update on Progress to Establish Long-Term Revenue Through Space Solar Solutions Underway
Ascent Solar Technologies, Inc.
Tue, March 18, 2025 at 8:00 AM EDT
In This Article: ASTI +9.60%
Ascent Solar Technologies, Inc.
THORNTON, Colo., March 18, 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 commercial progress and achievement of stated annual goals as the Company continues to execute upon its 2025 growth initiatives.
Ascent is currently engaged with multiple strategic partners in the space market, including a major defense contractor, multiple deployable technology companies, as well as a satellite company to complete extensive integration testing of the Company’s unique thin-film CIGS solar technology. The expected result of successful testing and integration of Ascent’s technology is to secure long-term agreements for consistent annual revenue with a diverse set of customers in the space market.
“I am happy to report that Ascent’s challenging turnaround process is in the rear-view mirror, as our products now regularly achieve the higher device performance needed to meet customer needs for space-based power,” said Paul Warley, CEO of Ascent Solar Technologies. “Our latest solar efficiency milestones are opening new revenue streams driven by the increasing demand to power space vehicles and beam solar energy. Ascent products - all produced domestically in our facility in Thornton, CO - are uniquely poised to reliably meet that demand in the harsh environment of space, reducing costs and increasing operational efficiency for customers in the public, private and government sectors.”
Ascent’s leadership team looks forward to building upon its success for the remainder of 2025 and is eager to update its stockholder community with impactful Company announcements and milestones as they are finalized. Interested parties seeking to learn more about the Company, its products/technology, and market opportunity are encouraged to visit https://www.ascentsolar.com or email IR@ascentsolar.com.
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
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