ASTI ASCENT SOLAR TECHNOLOGIES INC.

Ascent Solar Achieves Specific Power Milestone of 1900 W/kg at AM0 Using CIGS Technology

Ascent Solar Achieves Specific Power Milestone of 1900 W/kg at AM0 Using CIGS Technology

THORNTON, Colo., Oct. 25, 2023 (GLOBE NEWSWIRE) -- Ascent Solar Technologies, (Nasdaq: ASTI) (“ASTI” or the “Company”), the leading U.S. innovator in the design and manufacture of featherweight, flexible, and durable CIGS thin-film photovoltaic (PV) solutions, announced today its latest CIGS technology has achieved a measured Specific Power of 1900 W/kg at AM0. Specific Power refers to the power-to-weight ratio for a system or component, specifically watts per kilogram.

The Specific Power rate is the most important factor for solar applications where overall array mass is crucial, including those in the Aerospace sector, where the cost per kilogram is between 2-25k dollars to launch payloads into low earth orbit (LEO). Higher energy orbits such as geosynchronous equatorial orbit (GEO) or cislunar space typically run an order of magnitude more per kg, with payloads intended for moon landing having been booked for over $1 Million/kg.

AM0, also known as Air Mass 0, refers to the standard solar spectrum that represents solar radiation outside Earth's atmosphere, in the vacuum of space. The current range of Specific Power for crystalline solar technologies deployed in space is 100-400 watts per kilogram, making ASTI’s latest achievement particularly impressive as a power solution in the space environment.

Ascent’s thin-film solar is ideal for use in a space environment due to its radiation resistance, resilience to physical damage, self-annealing, as well as ultralight weight and flexibility. With recent advances in power density, Ascent can provide meaningful power for space customers without the increased cost of mass. There is a fixed amount of mass and volume available for current mission launches, and by increasing power density Ascent can increase the system power available, with no increases to mass and volume. As a result, there is no impact to launch cost, enabling space missions to get even more out of the current and growing number of orbital launch providers.

“Ascent streamlines the otherwise onerous process of assembly, integration, and testing for solar arrays for satellites and other spacecrafts,” said Paul Warley, CEO of Ascent Solar Technologies. “Our Plug & FlyTM array solutions eliminate the scheduling impacts needed to pick, place, wire, solder, and test individual cells while simultaneously reducing the cleanroom space bottleneck that the process typically requires. Ascent technology can prevent space vehicle and system integrators from having to deal with thousands of credit card sized components and delicate interconnects between them by instead providing them a single thin-film solar array with pre-integrated and tested PV modules.”

“Our most recent performance improvements now make Ascent space products viable drop-in replacement power generation solutions that can also produce more power over the course of a mission. This translates to saving multiple kilograms for mission managers and spacecraft engineers balancing spacecraft power and mass budgets. We’re excited to advance the technology that enables the next generation of more efficient, higher-powered space vehicles, and the emerging markets they are now poised to create and serve with these new efficiencies.”

ABOUT ASCENT SOLAR TECHNOLOGIES, INC.

Backed by 40 years of R&D, 15 years of manufacturing experience, numerous awards, and a comprehensive IP and patent portfolio, Ascent Solar Technologies, Inc. is a leading provider of innovative, high-performance, flexible thin-film solar panels for use in environments where mass, performance, reliability, and resilience matter. Ascent’s 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. Ascent Solar’s research and development center and 5-MW nameplate production facility is in Thornton, Colorado. To learn more, visit  or follow the Company on  and 

FORWARD-LOOKING STATEMENTS

Statements in this press release that are not statements of historical or current fact constitute "forward-looking statements" including statements about the financing transaction, our business strategy and the potential uses of the proceeds from the transaction. Such forward-looking statements involve known and unknown risks, uncertainties and other unknown factors that could cause the company's actual operating results to be materially different from any historical results or from any future results expressed or implied by such forward-looking statements. We have based these forward-looking statements on our current assumptions, expectations and projections about future events. In addition to statements that explicitly describe these risks and uncertainties, readers are urged to consider statements that contain terms such as “will,” "believes," "belief," "expects," "expect," "intends," "intend," "anticipate," "anticipates," "plans," "plan," to be uncertain and forward-looking. No information in this press release should be construed as any indication whatsoever of our future revenues, stock price, or results of operations. The forward-looking statements contained herein are also subject generally to other risks and uncertainties that are described from time to time in the company's filings with the Securities and Exchange Commission including those discussed under the heading “Risk Factors” in our most recently filed reports on Forms 10-K and 10-Q.

MEDIA CONTACT



Spencer Herrmann

FischTank PR



INVESTOR CONTACT





EN
25/10/2023

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on ASCENT SOLAR TECHNOLOGIES INC.

 PRESS RELEASE

Ascent Solar Technologies Establishes Rapid Thin-Film PV Delivery Proc...

Ascent Solar Technologies Establishes Rapid Thin-Film PV Delivery Process to Provide Customized Space Solar Products Ahead of Schedule on Mission Enabling Timelines THORNTON, Colo., Aug. 07, 2025 (GLOBE NEWSWIRE) -- (“Ascent” or the “Company”) (Nasdaq: ASTI), the leading U.S. innovator in the design and manufacturing of featherweight, flexible thin-film photovoltaic (PV) solutions, continues to set precedence via its new standard for rapid delivery of space-mission enabling PV products. The Company has now delivered mission-optimized solar array blanket spaceflight hardware assemblies to...

 PRESS RELEASE

Ascent Solar Technologies Provides Corporate Update Detailing Customer...

Ascent Solar Technologies Provides Corporate Update Detailing Customer Pipeline and Sales Progress in Space and Aerospace Industries THORNTON, Colo., Aug. 06, 2025 (GLOBE NEWSWIRE) -- , (Nasdaq: ASTI) (“Ascent'' or the “Company”), the leading U.S. innovator in the design and manufacture of featherweight, flexible, and durable CIGS thin-film photovoltaic (PV) solutions, today 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 , projecting 2026 sales to reach $5 ...

 PRESS RELEASE

Ascent Solar Technologies to Deliver Thin-Film Solar Technology to a C...

Ascent Solar Technologies to Deliver Thin-Film Solar Technology to a Colorado-based Space Solar Array Provider for Product Evaluation THORNTON, Colo., July 16, 2025 (GLOBE NEWSWIRE) -- (“Ascent” or the “Company”) (Nasdaq: ASTI), the leading U.S. innovator in the design and manufacturing of featherweight, flexible thin-film photovoltaic (PV) solutions, today announced it has entered into an agreement to supply a Colorado-based power systems provider with the Company’s thin-film PV technology for evaluation and potential incorporation into the provider’s established array product offering....

 PRESS RELEASE

Ascent Solar Technologies Reflects on H1 2025 Achievements and Milesto...

Ascent Solar Technologies Reflects on H1 2025 Achievements and Milestones, Looks Ahead to Executing Upon H2 2025 Strategy THORNTON, Colo., July 08, 2025 (GLOBE NEWSWIRE) -- (“Ascent” or the “Company”) (Nasdaq: ASTI), the leading U.S. innovator in the design and manufacturing of featherweight, flexible thin-film photovoltaic (PV) solutions, today commented on its commercial progress and solar material development in the first half of 2025, as the Company looks ahead to continued growth and advancement in the second half of the year. “At the outset of the year, we sought to enter into a s...

 PRESS RELEASE

Ascent Solar Technologies, Inc. Announces Closing of $2.0 Million Publ...

Ascent Solar Technologies, Inc. Announces Closing of $2.0 Million Public Offering THORNTON, Colo., June 30, 2025 (GLOBE NEWSWIRE) -- (NASDAQ: ASTI) (“Ascent” or the “Company”), the leading U.S. innovator in the design and manufacture of featherweight, flexible, and durable CIGS thin-film photovoltaic (PV) solutions, today announced the closing of its previously announced public offering of an aggregate of 1,000,000 shares of its common stock (or pre-funded warrants in lieu thereof) and warrants to purchase up to 1,000,000 shares of common stock (the “Warrants”), at a combined public offe...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch