Ascent Solar Technologies Enters into Teaming Agreement to Supply US-based Defense Solutions Provider with Thin-Film Solar Technology for Orbital Application

Company Overview - Ascent Solar Technologies is a leading U.S. innovator in the design and manufacturing of lightweight, flexible thin-film photovoltaic (PV) solutions [1][3] - The company has 40 years of R&D and 15 years of manufacturing experience, supported by a comprehensive IP and patent portfolio [3] - Ascent's PV modules have been deployed in various applications, including space missions, airborne vehicles, and agrivoltaic installations [3] Recent Developments - Ascent Solar Technologies announced a Teaming Agreement to supply thin-film solar technology solutions to a U.S.-based defense solutions provider for upcoming orbital applications [1] - The company's thin-film solar technology is noted for its ability to deliver power solutions on short timelines, making it suitable for defense tech agreements [2] - Ascent's CIGS PV product line is developed with spaceflight heritage, allowing for mission-optimized solar array solutions [2] Competitive Advantage - Ascent's production facility in Thornton, CO, has a capacity of 5 MW, enabling array deliveries in just six to eight weeks, significantly faster than competitors who often require nine to twelve months [2] - The lightweight, flexible, and durable design of Ascent's technology helps mitigate challenges in space environments, providing a market-ready solution for long-term applications [2]