Ascent Solar Technologies Achieves Record New Efficiency of 15.7% at Production Scale for its CIGS Solar Technology

Core Insights - Ascent Solar Technologies has achieved a record efficiency of 15.7% for its thin-film CIGS technology at production scale, aligning with its 2025 strategy to enhance material quality and technological efficiency for space market applications [1][3]. Group 1: Technology and Performance - The Titan™ module, measuring approximately one square foot, can now produce 15.7 watts of power per unit, with a thickness of 0.03mm and a weight of just over eight grams, resulting in a power density of 1960W/kg before encapsulation [2]. - Since September 2023, Ascent's engineering and production teams have consistently improved device efficiency, with the latest achievement of 15.7% representing a significant increase from 14.0 watts in Q1 2024 [3][7]. Group 2: Market Position and Applications - Ascent Solar Technologies has a strong background with 40 years of R&D and 15 years of manufacturing experience, positioning itself as a leading provider of flexible thin-film solar panels for various applications, including space missions and airborne vehicles [4]. - The advancements in efficiency and performance enhance Ascent's technology readiness for the space market, making it an ideal choice for satellite power systems and other spacecraft [3].