$ASTI: Ascent Solar Technologies Leadership Offers Thin-Film Solar Facility Tours to Prospective Customers During 40th Annual Space Symposium
THORNTON, Colo., April 01, 2025 (GLOBE NEWSWIRE) -- Ascent Solar Technologies (“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 that its Director of Space Solutions, Julian Miller, will be taking meetings during the 40th Annual Space Symposium in Colorado Springs from April 7th-10th. Leading up to and throughout the event the Company will conduct tours of its 5MW production facility at its headquarters in Thornton, Colorado for symposium attendees and major defense contractors. Ascent will present its thin-film PV offerings and discuss potential space Hardware Developer Kit partnerships, as well as upcoming mission and program opportunities.
The Space Symposium unites global space professionals from all sectors to connect and explore critical space issues. Miller will have the opportunity to meet with potential customers and partners across the commercial, civil and defense space industry sectors to discuss the adept performance and benefits of Ascent’s thin-film PV in orbital and planetary surface environments.
“Our team is actively working to establish standard combined offerings to make a greater depth of test data available for prospective space industry buyers evaluating how to best interface and integrate lighter-weight, lower mass solar arrays,” said Julian Miller, Director of Space Solutions at Ascent Solar Technologies. “As we continue to hold discussions with industry-leading providers of solar array structures and deployable mechanisms that enable satellites and other spacecraft to utilize our efficient thin-film PV products, we welcome new entities to connect with us and take a tour of our facilities while they are in the area for the Symposium.”
Ascent’s 5MW production facility currently has the capacity to ship orders in excess of 100kW this summer. Meetings with prospective customers include interest in trade studies for rapidly deliverable solutions that are drop-in replacements and backward compatible with existing capabilities enabled by the Company’s most recent PV product performance increases. Other space industry discussions include the exploration of new advanced capabilities enabled by Ascent’s CIGS PV products’ combination of resiliency with mass, volume, cost and schedule efficiencies. These opportunities span across commercial, civil and defense market sectors and include emerging markets such as in-space manufacturing, distributed space power grids and Lunar surface operations, among others.
All parties interested in participating in a facility tour are encouraged to reach out via Ascent’s contact page.
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 https://www.ascentsolar.com.
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
ascent@fischtankpr.com
https://www.globenewswire.com/newsroom/ti?nf=...ExNDU4Mw==
https://ml.globenewswire.com/media/OTEyZWY5OW...s-Inc-.png
Source: Ascent Solar Technologies, Inc.
THORNTON, Colo., April 01, 2025 (GLOBE NEWSWIRE) -- Ascent Solar Technologies (“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 that its Director of Space Solutions, Julian Miller, will be taking meetings during the 40th Annual Space Symposium in Colorado Springs from April 7th-10th. Leading up to and throughout the event the Company will conduct tours of its 5MW production facility at its headquarters in Thornton, Colorado for symposium attendees and major defense contractors. Ascent will present its thin-film PV offerings and discuss potential space Hardware Developer Kit partnerships, as well as upcoming mission and program opportunities.
The Space Symposium unites global space professionals from all sectors to connect and explore critical space issues. Miller will have the opportunity to meet with potential customers and partners across the commercial, civil and defense space industry sectors to discuss the adept performance and benefits of Ascent’s thin-film PV in orbital and planetary surface environments.
“Our team is actively working to establish standard combined offerings to make a greater depth of test data available for prospective space industry buyers evaluating how to best interface and integrate lighter-weight, lower mass solar arrays,” said Julian Miller, Director of Space Solutions at Ascent Solar Technologies. “As we continue to hold discussions with industry-leading providers of solar array structures and deployable mechanisms that enable satellites and other spacecraft to utilize our efficient thin-film PV products, we welcome new entities to connect with us and take a tour of our facilities while they are in the area for the Symposium.”
Ascent’s 5MW production facility currently has the capacity to ship orders in excess of 100kW this summer. Meetings with prospective customers include interest in trade studies for rapidly deliverable solutions that are drop-in replacements and backward compatible with existing capabilities enabled by the Company’s most recent PV product performance increases. Other space industry discussions include the exploration of new advanced capabilities enabled by Ascent’s CIGS PV products’ combination of resiliency with mass, volume, cost and schedule efficiencies. These opportunities span across commercial, civil and defense market sectors and include emerging markets such as in-space manufacturing, distributed space power grids and Lunar surface operations, among others.
All parties interested in participating in a facility tour are encouraged to reach out via Ascent’s contact page.
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 https://www.ascentsolar.com.
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
ascent@fischtankpr.com
https://www.globenewswire.com/newsroom/ti?nf=...ExNDU4Mw==
https://ml.globenewswire.com/media/OTEyZWY5OW...s-Inc-.png
Source: Ascent Solar Technologies, Inc.
