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Ascent Solar Technologies Publishes Business Update on Progress to Establish Long-Term Revenue Through Space Solar Solutions Underway
Ascent SolarAscent Solar(US:ASTI) Newsfilterยท2025-03-18 12:00

Core Insights - Ascent Solar Technologies is making significant progress in its commercial initiatives and achieving its annual goals for 2025 [1][3] - The company is collaborating with various strategic partners in the space market to test and integrate its thin-film CIGS solar technology, aiming for long-term revenue agreements [2][3] - Ascent's products are designed to meet the increasing demand for space-based power, with a focus on efficiency and reliability in harsh environments [3][4] Company Overview - Ascent Solar Technologies has 40 years of R&D and 15 years of manufacturing experience, supported by a strong IP and patent portfolio [4] - The company specializes in high-performance, flexible thin-film solar panels suitable for various applications, including space missions and commercial construction [4] - Ascent's production facility is located in Thornton, Colorado, with a nameplate capacity of 5 MW [4]