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Ascent Solar Technologies Reflects On 2025 Achievements and Milestones; Outlines 2026 Strategy and Goals
THORNTON, Colo., Jan. 22, 2026 (GLOBE NEWSWIRE) -- Ascent Solar Technologies (“Ascent&...
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[{"type":"text","content":"Ascent Solar Technologies Reflects On 2025 Achievements and Milestones; Outlines 2026 Strategy and Goals\nTHORNTON, Colo., Jan. 22, 2026 (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 commented on the commercial progress, industry partnerships and solar PV efficiency improvements it achieved in 2025, as the Company’s leadership team looks ahead to continued corporate growth in 2026. “Over the last year, we’ve seen where the market is headed and positioned our thin-film solar offerings accordingly. The defense industry has displayed an increasing demand for efficient, readily available technologies; we have made ourselves an ideal provider by offering a highly efficient product, produced in the United States, that is ready for rapid delivery,” said Paul Warley, CEO of Ascent Solar Technologies. “We expect to maintain this momentum throughout the year by meeting with more potential partners and achieving even greater efficiency milestones. Our thin-film product is uniquely qualified to withstand the rigors of space and other punishing environments; as the market demand grows, we expect increased sales and revenue in 2026.” Key Company milestones and achievements included: Initiating new strategic partnerships and teaming agreements with NovaSpark, Emtel Energy, CisLunar Industries, Defiant Space, Star Catcher Industries, NOVI Space, and more, to meet mutually beneficial commercial goals in the defense industry and beyond;Establishing rapid product delivery capabilities to meet the swift needs of civil and defense space missions;Advancing its thin-film PV product’s capabilities, including its space-based power beaming abilities, marine environment durability, hydrogen production through field-based hydrolyzers, and more;Closing a private placement of up to $5.5 million; andPartnering with the Georgia Institute of Technology to apply thin-film technology to unmanned aerial vehicle (UAV) wings for a demonstration aiming to enable continuous flight for ocean monitoring via sea plane vehicles. Ascent’s leadership aims to build upon this positive business momentum in 2026 via: Beginn...