THORNTON, Colo. - s4story --  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.

Research and Development Center and 5-MW Nameplate Production Facility.

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.

MOU with Star Catcher Industries to Improve Power Capabilities for Thin-Film Solar Technology in Space.

Projections for 2026 sales to Reach $5 Million to $20 Million, and 2027 Sales to Achieve $25 Million to $40 Million.

New Agreement to Deliver Thin-Film Solar Technology to Colorado-Based Space Solar Array Provider.

Ascent Solar Technologies Enters Collaborative Agreement Notice with NASA to Advance Development of Thin-Film PV Power Beaming Capabilities.

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.

Thin-Film PV for Saltwater Environment Durability and Space-Based Power Beaming Testing

On October 14^th ASTI announced that it has delivered test samples of its thin-film PV technology to an ocean monitoring technology company, a developer of autonomous underwater vehicles capable of reaching anywhere in the ocean with a high degree of speed, endurance and sensing; and a cutting-edge power lasing company focused on advancing space and defense technologies.

With these test deliveries, ASTI continues to push the limits of its solar technology in extreme environments. The ocean monitoring company will test the technology's functionality and durability in aquatic terrestrial applications, with the intent of enabling persistent equipment operation of ocean-based monitoring technologies. The space power lasering company will test the technology's space-based power beaming receiving capabilities, as it seeks out technologies that enable the transmission of power between satellites on orbit.

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Strategic Partnership with Defiant Space Corp. to Advance Global Defense and Space Market Opportunities

On September 17^th ASTI announced a strategic partnership with Defiant Space Corporation, an emerging space company focused on scalable solutions for the defense and national security market. Through this partnership, the companies will pursue opportunities in the U.S. defense and national security sectors, combining ASTI space-proven solar technology with Defiant's ability to develop and integrate mission-focused space solutions. The collaboration is designed to address the growing demand for resilient, cost-effective capabilities supporting defense and security objectives.

In addition, ASTI and Defiant will collaborate to explore opportunities across allied and international space markets, including NATO and Five Eyes partner nations. By combining Defiant's strategic relationships with ASTI proprietary thin-film solar technology, the companies aim to identify areas where advanced American solar solutions can contribute to shared defense, security, and commercial initiatives.

This partnership reflects the growing importance of resilient, dual-use space technologies in both government and commercial domains. By aligning their capabilities, ASTI and Defiant are well positioned to serve the rapidly expanding $1 trillion global space economy projected by 2040.

Teaming Agreement with Emtel Energy USA to Advance Thin-Film PV Energy Storage Capabilities

On September 16^th ASTI announced the signing of a teaming agreement with Emtel Energy USA, a provider of graphene-based electrostatic long duration energy storage (ELDES). The agreement is intended to achieve mutually beneficial goals that would advance Emtel Energy's energy storage capabilities and aid the proliferation of ASTI thin-film PV solutions in space environments.

Emtel Energy has developed a high-agility solid-state graphene battery alternative that circumvents the low energy density and swift degradation concerns that plague flow batteries. This durable power storage technology, paired with ASTI thin-film PV, will be instrumental in powering satellites, spacecraft and other space architecture.

MOU with Star Catcher Industries to Improve Power Capabilities for Thin-Film Solar Technology in Space

On August 28^th ASTI announced the signing of a memorandum of understanding (MOU) with Star Catcher Industries, a company pioneering the first space energy grid, to achieve mutually beneficial goals that would aid the proliferation of thin-film PV solutions in space environments. Star Catcher is creating the first-of-its kind space-to-space power beaming service. By transmitting concentrated solar energy to clients' existing onboard solar arrays – with no retrofit required – it provides satellite operators with up to five to ten times more power.

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Corporate Update Detailing Customer Pipeline and Sales Progress in Space and Aerospace Industries

On August 6^th ASTI published a corporate update detailing its customer and sales progress, as well as its strategy to meet growth opportunities in the aerospace and space industries.

The full report can be viewed here:   https://ascentsolar.com/hubfs/23126419/ASTI%20Presentation%20August%202025.pdf?hsLang=en and projects 2026 sales to reach $5 million to $20 million, and 2027 sales to achieve $25 million to $40 million.

Agreement to Deliver Thin-Film Solar Technology to a Colorado-Based Space Solar Array Provider for Product Evaluation

On July 16^th ASTI announced an agreement to supply a Colorado-based power systems provider with thin-film PV technology for evaluation and potential incorporation into the provider's established array product offering. ASTI will deliver the units for evaluation before the end of July 2025, demonstrating its market-leading speed to fulfill orders.

Collaborative Agreement Notice with NASA to Advance Development of Thin-Film PV Power Beaming Capabilities

On June 26^th ASTI announced 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 is evaluating the ability of ASTI 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.

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

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