reports
Ascent Solar Technologies, Inc. Announces Full Year 2022 Financial Res...
Ascent Solar Technologies, Inc. Announces Full Year 2022 Financial Results THORNTON, CO, March 10, 2023 (GLOBE NEWSWIRE) -- via -- Ascent Solar Technologies, Inc. (NASDAQ: ASTI) (“ASTI” or the “Company”), the leading U.S. innovator in the design and manufacture of featherweight, flexible thin-film photovoltaic (PV) solutions, announced today its results for the full year ended December 31, 2022. Full Year 2022 Financial Results Total revenues during 2022 were $1.2 million, representing a 101% year-over-year increase. The increase in revenues was due primarily to milestone and engineeri...
Ascent Solar Technologies, Inc. Announces First Step of Strategic Plan...
Ascent Solar Technologies, Inc. Announces First Step of Strategic Plan; Executes Term Sheet for Acquisition of Assets From Leading European Thin-Film Solar Manufacturer Ascent Solar’s Turnaround Plan Starts With Acquiring New Revenue, Manufacturing Capabilities and Intellectual Property to Fuel Global Expansion THORNTON, CO & ZURICH, CH, March 07, 2023 (GLOBE NEWSWIRE) -- via – (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 that it has s...
Ascent Solar Technologies Secures $50 Million Equity-Based Financing
Ascent Solar Technologies Secures $50 Million Equity-Based Financing THORNTON, CO, Dec. 20, 2022 (GLOBE NEWSWIRE) -- via – , Inc. (NASDAQ: ASTI) (“ASTI” or the “Company”) – ASTI, the leading U.S. innovator in the design and manufacture of featherweight, flexible thin-film photovoltaic (PV) solutions, announced today that it has secured an equity-based financing facility in an aggregate principal amount of up to $50 million from two institutional investors. Bryan Garnier & Co acted as sole placement agent and financial advisor to the Company. On December 19, 2022, the Company entered in...
Ascent Solar Reports Inducement Grant to New Chief Executive Officer, ...
Ascent Solar Reports Inducement Grant to New Chief Executive Officer, Jeffrey Max THORNTON, CO, Sept. 27, 2022 (GLOBE NEWSWIRE) -- via – (“Ascent Solar”, “Ascent” or the “Company”) (), a developer and manufacturer of state-of-the-art, lightweight, flexible thin-film photovoltaic (PV) solutions, announced today that the compensation committee of Ascent’s board of directors have granted Mr. Jeffrey Max, the Company’s newly appointed Chief Executive Officer, an inducement grant of restricted stock units (“RSUs”) for an aggregate of 3,534,591 shares of Ascent Solar’s common stock, on Septemb...
Ascent Solar Names Jeffrey Max as New Chief Executive Officer
Ascent Solar Names Jeffrey Max as New Chief Executive Officer THORNTON, CO, Sept. 27, 2022 (GLOBE NEWSWIRE) -- via (“Ascent Solar”, “Ascent” or the “Company”) (), a developer and manufacturer of state-of-the-art, lightweight, flexible thin-film photovoltaic (PV) solutions, announced today that the Company has named Jeffrey Max as Ascent Solar’s new Chief Executive Officer. As part of Ascent’s ongoing , Jeffrey Max, a seasoned technology CEO with more than three decades of experience in scaling technology organizations, has succeeded Victor Lee as the Company’s CEO, effective immed...
Ascent Solar Announces Board and Executive Leadership Transition
Ascent Solar Announces Board and Executive Leadership Transition THORNTON, CO, Sept. 23, 2022 (GLOBE NEWSWIRE) -- via – (“Ascent Solar”, “Ascent” or the “Company”) (), a developer and manufacturer of state-of-the-art, lightweight, flexible thin-film photovoltaic (PV) solutions, today announced a transition of its leadership at the board and executive levels. Four new directors have been appointed to the Company’s Board of Directors: Louis Berezovsky, Mike French, Felix T. Mantke, and Forest Reynolds. These directors will serve as part of the new leadership team that will help guide the...
Ascent Solar to Present at the H.C. Wainwright 24th Annual Global Inve...
Ascent Solar to Present at the H.C. Wainwright 24th Annual Global Investment Conference; Announces New Corporate Presentation THORNTON, CO, Sept. 12, 2022 (GLOBE NEWSWIRE) -- via – (), a developer and manufacturer of state-of-the-art, lightweight and flexible thin-film photovoltaic (PV) solutions (“Ascent Solar”, “Ascent” or the “Company”), announced today that Mr. Victor Lee, President & CEO of Ascent Solar, will be presenting virtually at the H.C. Wainwright 24th Annual Global Investment Conference (the “Conference”) to be held on September 12–14, 2022. The in-person venue for the ev...
Ascent Solar Announces Effective Date for Uplisting to Nasdaq Capital ...
Ascent Solar Announces Effective Date for Uplisting to Nasdaq Capital Market THORNTON, CO, Aug. 22, 2022 (GLOBE NEWSWIRE) -- via – (), a developer and manufacturer of state-of-the-art, lightweight and flexible thin-film photovoltaic (PV) solutions (“Ascent Solar”, “Ascent” or the “Company”), announced today the completion of the previously announced $5 million private placement pursuant to the securities purchase agreement dated August 3, 2022 (“SPA”). The Company also announced that Ascent Solar’s common stock is expected to commence trading on Nasdaq at the opening of the market on ...
Ascent Solar Receives Approval for Listing on Nasdaq Capital Market
Ascent Solar Receives Approval for Listing on Nasdaq Capital Market THORNTON, CO, Aug. 17, 2022 (GLOBE NEWSWIRE) -- via – (), a developer and manufacturer of state-of-the-art, lightweight and flexible thin-film photovoltaic (PV) solutions (“Ascent Solar”, “Ascent” or the “Company”), announced today that the Company’s shares of common stock have been approved for listing on the Nasdaq Capital Market (“Nasdaq”). The Nasdaq listing is conditioned upon the closing of the Company’s previously announced $5 million private placement (the “Private Placement”) pursuant to the securities purchase ...
Ascent Solar Completes Delivery of Another Major Contract and Announce...
Ascent Solar Completes Delivery of Another Major Contract and Announces Improved Second Quarter and First Six-Months Financial Results for 2022 THORNTON, CO, Aug. 15, 2022 (GLOBE NEWSWIRE) -- via – (“Ascent Solar” or the “Company”) (), a developer and manufacturer of state-of-the-art, lightweight, flexible thin-film photovoltaic (PV) solutions, reported results for the quarter and first six-months ended June 30, 2022. Financial & Operational Highlights: The Company successfully delivered on a major contract in June 2022 for its HyperLight thin-film modules designed for high altitu...
Ascent Solar Announces First Quarter 2022 Financial Results
Ascent Solar Announces First Quarter 2022 Financial Results THORNTON, CO, May 13, 2022 (GLOBE NEWSWIRE) -- via – (“Ascent Solar” or the “Company”) (), a developer and manufacturer of state-of-the-art, lightweight, flexible thin-film photovoltaic (PV) solutions, reported results for the quarter ended March 31, 2022. First Quarter 2022 Financial Summary: Net revenue for the first quarter 2022 was $566k, an increase of $401k, or 243%, from the corresponding quarter in 2021. Net revenue included non-recurring engineering fees of $512k. Costs and expenses increased 102% to $2.8M in the fi...
Ascent Solar Files 2021 10-K and Reports Full Year 2021 Financial Resu...
Ascent Solar Files 2021 10-K and Reports Full Year 2021 Financial Results THORNTON, CO, March 15, 2022 (GLOBE NEWSWIRE) -- via – Ascent Solar Technologies, Inc. (“Ascent Solar” “Ascent” or the “Company”) (OTCMKTS: ASTI), a developer and manufacturer of state-of-the-art, lightweight, and flexible thin-film photovoltaic (PV) solutions, reported full year financial results for the year ended December 31, 2021 in its 10-K filed on March 14, 2022. Full Year 2021 Financial Summary: Revenue for the year 2021 was $608K, an increase of $541K, or 812%, from 2020. Costs and expenses were $9.4M, ...
Ascent Solar Selected By Momentus to Produce Flexible CIGS Space-Quali...
Ascent Solar Selected By Momentus to Produce Flexible CIGS Space-Qualifiable Laminated PV Modules for Upcoming Space Flight Low Earth Orbit Space Flights Will Demonstrate First Space-Grade Large-Area Laminated Modules THORNTON, CO, Jan. 31, 2022 (GLOBE NEWSWIRE) -- via – Ascent Solar Technologies, Inc. (“Ascent Solar”, “Ascent” or the “Company”) (OTCMKTS: ASTI), a developer and manufacturer of state-of-the-art, lightweight and flexible thin-film photovoltaic (PV) solutions, announced today that the Company was selected by Momentus, Inc. (“Momentus"), a developer and manufacturer of...
Ascent Solar Announces Reverse Stock Split
Ascent Solar Announces Reverse Stock Split THORNTON, CO, Jan. 28, 2022 (GLOBE NEWSWIRE) -- via – Ascent Solar Technologies, Inc. (“Ascent Solar” or the “Company”) (OTCMKTS: ASTI), a developer and manufacturer of state-of-the-art, lightweight and flexible thin-film photovoltaic (PV) solutions, today announced a 1-for-5,000 reverse stock split of the Company’s common stock to become effective at 5 p.m., Eastern Time, on January 28, 2022. The Company has filed an amendment to its Certificate of Incorporation with the Delaware Secretary of State to effect such reverse stock split at that tim...
Ascent Solar Issues Update on Reverse Stock Split Process
Ascent Solar Issues Update on Reverse Stock Split Process THORNTON, CO, Dec. 02, 2021 (GLOBE NEWSWIRE) -- via -- Ascent Solar Technologies, Inc. (OTCMKTS: ASTI), a developer and manufacturer of state-of-the-art, lightweight and flexible thin-film photovoltaic (PV) solutions (“Ascent Solar”, “Ascent” or the “Company”), today released an update on its previously announced and pending process for a proposed reverse stock split (“Reverse Split”). The Company filed its definitive 14C information statement relating to the Reverse Split with the SEC on November 29, 2021, and such information s...
Ascent Solar Files for Reverse Stock Split – Initiates Process to Allo...
Ascent Solar Files for Reverse Stock Split – Initiates Process to Allow for Nasdaq Up-listing, Additional Capital and Operational Efficiencies THORNTON, CO, Nov. 18, 2021 (GLOBE NEWSWIRE) -- via – Ascent Solar Technologies, Inc. (OTCMKTS: ASTI), a developer and manufacturer of state-of-the-art, lightweight and flexible thin-film photovoltaic (PV) solutions (“Ascent Solar”, “Ascent” or the “Company”), announced that the Company has initiated the process for a proposed reverse stock split (“Reverse Split”) as part of a broader plan to position Ascent Solar for continued growth, including an...
Ascent Solar’s Largest Stakeholder Completes Full $10M Funding Commitm...
Ascent Solar’s Largest Stakeholder Completes Full $10M Funding Commitment THORNTON, CO, Nov. 08, 2021 (GLOBE NEWSWIRE) -- via – (“Ascent Solar” or the “Company”) (), a developer and manufacturer of state-of-the-art, lightweight, flexible thin-film photovoltaic (PV) solutions, is pleased to announce that the Company has received an additional $5M from BD 1 Investment Holding, LLC (“BD 1”), to complete the $10M funding commitment BD 1 made to Ascent Solar, pursuant to the securities purchase agreement dated August 2, 2021 (“SPA”). BD 1, the Company’s largest stakeholder, of its $10M fu...
Ascent Solar Recipient of Defense TechConnect Innovation Award
Ascent Solar Recipient of Defense TechConnect Innovation Award THORNTON, CO, Oct. 27, 2021 (GLOBE NEWSWIRE) -- via -- Ascent Solar Technologies, Inc. (OTCMKTS: ASTI), a developer and manufacturer of state-of-the-art, lightweight and flexible thin-film photovoltaic (PV) solutions (“Ascent” or the “Company”), announces that the Company is a proud recipient of a selective Innovation Award at the Defense TechConnect (DTC) Conference, held on October 18-21, 2021, in National Harbor, MD. DTC is an event focused on connecting top US Department of Defense (DoD) offices and industry scouts w...
Ascent Solar Custom-Designed PV Demonstrated Exceptional Device Stabil...
Ascent Solar Custom-Designed PV Demonstrated Exceptional Device Stability Retaining up to 92% of Original Power During Space Flight Experiment THORNTON, CO, Oct. 21, 2021 (GLOBE NEWSWIRE) -- via – Ascent Solar Technologies, Inc. (OTCMKTS: ASTI), a developer and manufacturer of state-of-the-art, lightweight and flexible thin-film photovoltaic (PV) solutions (“Ascent” or the “Company”), announces that its PV solution specially designed for a flight experiment conducted by NASA’s Materials International Space Station Experiment (MISSE-X), exceeded performance and power retention expectatio...
Ascent Solar Signs Strategic Partnership and Long Term Supply Agreemen...
Ascent Solar Signs Strategic Partnership and Long Term Supply Agreement with TubeSolar AG Multi-Million Dollar Joint Development Agreement Sets Course for Increased Revenue, Market Expansion and Infrastructural Growth THORNTON, CO, Sept. 21, 2021 (GLOBE NEWSWIRE) -- via – (“Ascent Solar” or the “Company”) (), a developer and manufacturer of state-of-the-art, lightweight, flexible thin-film photovoltaic (PV) solutions, is pleased to announce that the Company has signed a Joint Development Agreement (the “JDA”) with German based agrivoltaic thin-film solar tube maker, (“TubeSolar”), to ...
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