Trending...
- National Expansion Ignited Across Amazon $AMZN, Chewy $CHWY & Walmart $WMT: NDT Pharmaceuticals, Inc. (Stock Symbol: NDTP) $NDTP
- Custom Wooden Token Manufacturer Celebrates 10 Years of Helping Brands Stay Top of Mind
- Tarrytown Expocare Pharmacy Announces Strategic Leadership Appointments to Accelerate Growth and Innovation
Ascent Solar Technologies, Inc. (N A S D A Q: ASTI) $ASTI is Positioned to Serve the Rapidly Expanding $1 Trillion Global Space Economy Projected by 2040
THORNTON, Colo. - eTravelWire -- Provider of Innovative, High-Performance, Flexible Thin-Film Solar Panels for Environments Where Wass, Performance, Reliability and Resilience Matter.
Successful Applications in Space Missions, Aircraft, Agrivoltaic Installations, Industrial/Commercial Construction and Consumer Goods.
Development of CIGS PV Modules Capable of Generating Multiple Times More Power for Space Beaming.
Up to $25 Million Private Placement Priced At-The-Market.
Teaming Agreement with NovaSpark Energy on Lightweight, Reliable Power Solutions for Drone Powering and Other Terrestrial Defense Applications.
Teaming Agreement with CisLunar Industries to Bring Power Solutions that Lengthen Missions to U.S. Space Market.
Thin-Film PV Technology Delivered to Developer of Autonomous Underwater Vehicles Capable of Reaching Anywhere in the Ocean.
Strategic Partnership with Defiant Space Corp. to Advance Global Defense and Space Market Opportunities.
Teaming Agreement with Emtel Energy USA to Advance Thin-Film PV Energy Storage Capabilities.
Projections for 2026 Sales to Reach $5 Million to $20 Million, and 2027 Sales to Achieve $25 Million to $40 Million.
Ascent Solar Technologies, Inc. (N A S D A Q: ASTI) is backed by 40 years of R&D, 15 years of manufacturing experience, numerous awards, and a comprehensive IP and patent portfolio. ASTI is a leading provider of innovative, high-performance, flexible thin-film solar panels for use in environments where mass, performance, reliability and resilience matter. ASTI 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. The ASTI research and development center and 5-MW nameplate production facility is strategically located in Thornton, Colorado.
ASTI Spurs Development of CIGS PV Modules Capable of Generating Multiple Times More Power for Space Beaming
On February 5th ASTI announced its plans to continue development of distributed power receiving products in 2026 to account for growing demand for space-based energy beaming technologies.
These ASTI development efforts include both internally funded research and development as well as continued Collaborative Agreement Notice program work with the NASA Marshall Spaceflight Center and Glenn Research Center, which is on schedule to successfully conclude this spring. ASTI plans to present the results of these development programs at select space industry conferences to be announced later this year.
More on eTravel Wire
These solar module technology advancements are uniquely enabled by ASTI in-house manufacturing capabilities at its 5-MW production facility in Thornton, Colorado. The facility allows for ASTI commercial-off-the-shelf CIGS PV products to be further optimized in order to be able to receive both sunlight in addition to more distributed power from a number of transmission sources and providers such as Star Catcher Industries.
ASTI further plans for continued technology progression through partnerships like that with Cislunar Industries that stand to effectively enable spacecraft to generate and utilize multiple times more power with a solar array of any given size.
"Through the increased efficiency in power beaming capabilities that Ascent's product developments will achieve, our thin-film solar offerings will better enable profitable operations for space industry providers in emerging markets that require substantial amounts of on orbit power, like space data centers or in-space manufacturers," said Paul Warley, CEO of ASTI. "Ascent has already built relationships and completed deliveries to multiple companies within these burgeoning industries. As these nascent market segments continue to grow, we expect to be a major technology solutions provider in the space."
Up to $25 Million Private Placement Priced At-The-Market Under Nasdaq Rules
On January 26th ASTI announced that it has entered into definitive agreements for the purchase and sale of an aggregate of 1,818,182 shares of common stock or warrants to purchase up to 1,818,182 shares of common stock and short-term warrants to purchase up to 909,091 shares of common stock at a purchase price of $5.50 per share of common stock and accompanying warrants in a private placement priced at-the-market under Nasdaq rules. H.C. Wainwright & Co. is acting as the exclusive placement agent for the offering.
More on eTravel Wire
2025 Achievements and Milestones with Outline for 2026 Strategy and Goals
On January 22nd ASTI commented on the commercial progress, industry partnerships and solar PV efficiency improvements it achieved in 2025, as the Company's leadership team looks ahead to continued corporate growth in 2026.
"Over the last year, we've seen where the market is headed and positioned our thin-film solar offerings accordingly. The defense industry has displayed an increasing demand for efficient, readily available technologies; we have made ourselves an ideal provider by offering a highly efficient product, produced in the United States, that is ready for rapid delivery," said Paul Warley, CEO of ASTI. "We expect to maintain this momentum throughout the year by meeting with more potential partners and achieving even greater efficiency milestones. Our thin-film product is uniquely qualified to withstand the rigors of space and other punishing environments; as the market demand grows, we expect increased sales and revenue in 2026."
ASTI milestones and achievements included:
Initiating new strategic partnerships and teaming agreements with NovaSpark, Emtel Energy, CisLunar Industries, Defiant Space, Star Catcher Industries, NOVI Space, and more, to meet mutually beneficial commercial goals in the defense industry and beyond;
Establishing rapid product delivery capabilities to meet the swift needs of civil and defense space missions;
Advancing its thin-film PV product's capabilities, including its space-based power beaming abilities, marine environment durability, hydrogen production through field-based hydrolyzers, and more;
Partnering with the Georgia Institute of Technology to apply thin-film technology to unmanned aerial vehicle (UAV) wings for a demonstration aiming to enable continuous flight for ocean monitoring via sea plane vehicles.
ASTI aims to build upon this positive business momentum in 2026 via:
Beginning the year with an aggressive production schedule to deliver on existing orders for array deployments planned for Q1 2026;
CEO Paul Warley conducted business travel to Europe in January to liaise with strategic players to establish potential partnerships and customer relationships;
Developing and delivering UAV arrays for European partners in the first half of the year;
Further advancing the efficiency of ASTI CIGS thin-film technology;
Continued advanced environmental testing through Q1 2026 to quantify performance in the extremes of space, including radiation and atomic oxygen resilience testing; and further building upon the partnerships established in 2025 to meet mutually beneficial goals.
For more information on $ASTI visit: https://www.ascentsolar.com
Media Contact
Company Name: Ascent Solar Technologies, Inc (N A S D A Q: ASTI)
Contact Person: Paul Warley, CEO
Email: sales@ascentsolar.com
Phone: (720) 872-5000
Country: United States
Website: https://www.ascentsolar.com
DISCLAIMER: https://corporateads.com/disclaimer/
Disclosure listed on the CorporateAds website
Successful Applications in Space Missions, Aircraft, Agrivoltaic Installations, Industrial/Commercial Construction and Consumer Goods.
Development of CIGS PV Modules Capable of Generating Multiple Times More Power for Space Beaming.
Up to $25 Million Private Placement Priced At-The-Market.
Teaming Agreement with NovaSpark Energy on Lightweight, Reliable Power Solutions for Drone Powering and Other Terrestrial Defense Applications.
Teaming Agreement with CisLunar Industries to Bring Power Solutions that Lengthen Missions to U.S. Space Market.
Thin-Film PV Technology Delivered to Developer of Autonomous Underwater Vehicles Capable of Reaching Anywhere in the Ocean.
Strategic Partnership with Defiant Space Corp. to Advance Global Defense and Space Market Opportunities.
Teaming Agreement with Emtel Energy USA to Advance Thin-Film PV Energy Storage Capabilities.
Projections for 2026 Sales to Reach $5 Million to $20 Million, and 2027 Sales to Achieve $25 Million to $40 Million.
Ascent Solar Technologies, Inc. (N A S D A Q: ASTI) is backed by 40 years of R&D, 15 years of manufacturing experience, numerous awards, and a comprehensive IP and patent portfolio. ASTI is a leading provider of innovative, high-performance, flexible thin-film solar panels for use in environments where mass, performance, reliability and resilience matter. ASTI 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. The ASTI research and development center and 5-MW nameplate production facility is strategically located in Thornton, Colorado.
ASTI Spurs Development of CIGS PV Modules Capable of Generating Multiple Times More Power for Space Beaming
On February 5th ASTI announced its plans to continue development of distributed power receiving products in 2026 to account for growing demand for space-based energy beaming technologies.
These ASTI development efforts include both internally funded research and development as well as continued Collaborative Agreement Notice program work with the NASA Marshall Spaceflight Center and Glenn Research Center, which is on schedule to successfully conclude this spring. ASTI plans to present the results of these development programs at select space industry conferences to be announced later this year.
More on eTravel Wire
- Claude Riveloux Review 2026: How the $10B Fund Manager Dispels 'Scam' Rumors Through Education
- Pure Energy Electrical Services, LLC Announces Strong Start to 2026, Reinforcing Customer-First Electrical Service Across Northeast Florida
- Boondocking Magazine Releases Spring 2026 Issue, Offers Free Digital Access for Off-Grid Camping Enthusiasts
- Danholm Collection Launches Boutique Luxury Real Estate Brokerage in Central Florida
- Sellvia Market Expands Curated Store Portfolio for Dropshipping Sellers
These solar module technology advancements are uniquely enabled by ASTI in-house manufacturing capabilities at its 5-MW production facility in Thornton, Colorado. The facility allows for ASTI commercial-off-the-shelf CIGS PV products to be further optimized in order to be able to receive both sunlight in addition to more distributed power from a number of transmission sources and providers such as Star Catcher Industries.
ASTI further plans for continued technology progression through partnerships like that with Cislunar Industries that stand to effectively enable spacecraft to generate and utilize multiple times more power with a solar array of any given size.
"Through the increased efficiency in power beaming capabilities that Ascent's product developments will achieve, our thin-film solar offerings will better enable profitable operations for space industry providers in emerging markets that require substantial amounts of on orbit power, like space data centers or in-space manufacturers," said Paul Warley, CEO of ASTI. "Ascent has already built relationships and completed deliveries to multiple companies within these burgeoning industries. As these nascent market segments continue to grow, we expect to be a major technology solutions provider in the space."
Up to $25 Million Private Placement Priced At-The-Market Under Nasdaq Rules
On January 26th ASTI announced that it has entered into definitive agreements for the purchase and sale of an aggregate of 1,818,182 shares of common stock or warrants to purchase up to 1,818,182 shares of common stock and short-term warrants to purchase up to 909,091 shares of common stock at a purchase price of $5.50 per share of common stock and accompanying warrants in a private placement priced at-the-market under Nasdaq rules. H.C. Wainwright & Co. is acting as the exclusive placement agent for the offering.
More on eTravel Wire
- Food Journal Magazine Raises the Standard for Restaurant Reviews in Los Angeles
- Hilton Waikiki Beach Resort & Spa to Celebrate Prince Kuhio Day on March 26, 2026
- IAG7 Group Integrates Marly Camino and Strengthens Its Position in the Premium Religious Tourism Segment
- Williamsville Spa Expands Team to Meet Growing Demand for Professional Facials
- Pregis Expands Wind Energy Use, Advancing Progress Toward Net Zero by 2040
2025 Achievements and Milestones with Outline for 2026 Strategy and Goals
On January 22nd ASTI commented on the commercial progress, industry partnerships and solar PV efficiency improvements it achieved in 2025, as the Company's leadership team looks ahead to continued corporate growth in 2026.
"Over the last year, we've seen where the market is headed and positioned our thin-film solar offerings accordingly. The defense industry has displayed an increasing demand for efficient, readily available technologies; we have made ourselves an ideal provider by offering a highly efficient product, produced in the United States, that is ready for rapid delivery," said Paul Warley, CEO of ASTI. "We expect to maintain this momentum throughout the year by meeting with more potential partners and achieving even greater efficiency milestones. Our thin-film product is uniquely qualified to withstand the rigors of space and other punishing environments; as the market demand grows, we expect increased sales and revenue in 2026."
ASTI milestones and achievements included:
Initiating new strategic partnerships and teaming agreements with NovaSpark, Emtel Energy, CisLunar Industries, Defiant Space, Star Catcher Industries, NOVI Space, and more, to meet mutually beneficial commercial goals in the defense industry and beyond;
Establishing rapid product delivery capabilities to meet the swift needs of civil and defense space missions;
Advancing its thin-film PV product's capabilities, including its space-based power beaming abilities, marine environment durability, hydrogen production through field-based hydrolyzers, and more;
Partnering with the Georgia Institute of Technology to apply thin-film technology to unmanned aerial vehicle (UAV) wings for a demonstration aiming to enable continuous flight for ocean monitoring via sea plane vehicles.
ASTI aims to build upon this positive business momentum in 2026 via:
Beginning the year with an aggressive production schedule to deliver on existing orders for array deployments planned for Q1 2026;
CEO Paul Warley conducted business travel to Europe in January to liaise with strategic players to establish potential partnerships and customer relationships;
Developing and delivering UAV arrays for European partners in the first half of the year;
Further advancing the efficiency of ASTI CIGS thin-film technology;
Continued advanced environmental testing through Q1 2026 to quantify performance in the extremes of space, including radiation and atomic oxygen resilience testing; and further building upon the partnerships established in 2025 to meet mutually beneficial goals.
For more information on $ASTI visit: https://www.ascentsolar.com
Media Contact
Company Name: Ascent Solar Technologies, Inc (N A S D A Q: ASTI)
Contact Person: Paul Warley, CEO
Email: sales@ascentsolar.com
Phone: (720) 872-5000
Country: United States
Website: https://www.ascentsolar.com
DISCLAIMER: https://corporateads.com/disclaimer/
Disclosure listed on the CorporateAds website
Source: CorporateAds
Filed Under: Business
0 Comments
Latest on eTravel Wire
- National Expansion Ignited Across Amazon $AMZN, Chewy $CHWY & Walmart $WMT: NDT Pharmaceuticals, Inc. (Stock Symbol: NDTP) $NDTP
- Distributed Social Media - Own Your Content
- Tarrytown Expocare Pharmacy Announces Strategic Leadership Appointments to Accelerate Growth and Innovation
- New Environmental Thriller "The Star Thrower" Reimagines a Classic Lesson in Individual Impact
- Summit Appoints Javier Cabeza as Data, AI, and Analytics Practice Lead
- March Is Skiing's Smartest Buying Window
- Why My Place Hotel–Hurricane UT Is Known as the Preferred Stay Near Zion National Park
- Cancun Airport Transportation Expands Fleet Ahead of Record Passenger Growth at Cancun International Airport
- Tobu Group's "T-home Series" of Accommodations in Tokyo Just Opened "T-home KEI."
- Custom Wooden Token Manufacturer Celebrates 10 Years of Helping Brands Stay Top of Mind
- NaturismRE Launches the NRE Health Institute to Advance Evidence-Informed Public Health Research
- P-Wave Classics to publish Robert Bage's Hermsprong in three volumes, beginning 12 May
- Earth Day at the Wineries - April 18-19, 2026
- Progressive Dental & The Closing Institute Partner with Zest Dental Solutions to Elevate Full-Arch Growth and Patient Outcomes
- CCHR: While Damaging Antipsychotics Win Approval, Proven Non-Drug Alternatives Remain Ignored
- Arcuri Group Announces Long‑Term Partnership with WakeMed Health & Hospitals to Deliver Situational Awareness and De‑escalation Training
- National Digital Magazine to Spotlight Women Over 50 and Canada's Tourism Economy
- At 25, She Became One of the Youngest AAPI Female Founders to Win One of the World's Most Prestigious Design Awards for a Lamp That Makes You Smile
- Juego Studios Extends Full-Cycle Game Development & Outsourcing Capabilities to the UAE Market
- VENUS Goes Live on CATEX Exchange As UK Financial Ltd Activates The Premier Division Of The Maya Meme's League