Ascent Solar Technologies, Inc.

Ascent Solar Technologies, Inc. is a solar technology company that manufactures and sells flexible, durable photovoltaic (PV) solar modules. These modules offer attractive power-to-weight and power-to-area performance. The company provides renewable power solutions for high-value production and specialty solar markets where traditional rigid solar panels are not suitable. These markets include space power beaming, aerospace, satellites, near-earth orbiting vehicles, fixed-wing unmanned aerial vehicles (UAV), aquatic, terrestrial, and other weight-sensitive markets, such as DoD drone and space operations. Ascent designs and develops finished products for end users in these areas and collaborates with strategic partners to design and develop integrated solutions for products like satellites, spacecraft, airships, and UAVs. The company focuses on these target markets due to their specialized power generation needs and attractive pricing, driven by significant technological requirements. Ascent's solar modules are integrated into space, near-space, and aeronautic vehicles, offering ultra-lightweight and flexible solutions. Customers in this market require high durability, high voltage, and conversion efficiency. The company continues to focus on improving cell and aerial efficiency for its Copper-Indium-Gallium-diSelenide (CIGS)-based solar cells.