Business
Ascent Solar Technologies Receives Order for Advanced Space PV Module Design Revision
THORNTON, Colo., March 27, 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 it has received an order to revise the design of its space solar products after being evaluated by a potential customer interested in technologies capable of receiving beamed power. Ascent’s CIGS PV products have undergone performan
About this update from Ascent Solar Technologies, Inc
[{"type":"image","alt":"Ascent Solar Technologies, Inc.","displaySize":"","headline":null,"caption":"Ascent Solar Technologies, Inc.","className":"","disableSlideshowImg":false,"size":{"original":{"width":300,"height":174,"url":"https://media.zenfs.com/en/globenewswire.com/a1134764a85cf625b7ecc094bb3ea6c4"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/jHzgm3lQPCQhL9PDBx0jJQ--/YXBwaWQ9aGlnaGxhbmRlcjt3PTQyMDtoPTI0NDtjZj13ZWJw/https://media.zenfs.com/en/globenewswire.com/a1134764a85cf625b7ecc094bb3ea6c4","width":300,"height":174}},"lazy":false},{"type":"text","content":"THORNTON, Colo., March 27, 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 it has received an order to revise the design of its space solar products after being evaluated by a potential customer interested in technologies capable of receiving beamed power.","length":449,"tagName":"p"},{"type":"text","content":"Ascent’s CIGS PV products have undergone performance testing by multiple third parties evaluating technologies for receiving beamed power. An initial beamed-power optimized module was designed, prototyped, and delivered to multiple third parties for testing and evaluation in less than one month’s time.","length":303,"tagName":"p"},{"type":"text","content":"Analysis of both the preliminary commercial off-the-shelf CIGS PV module and the beamed power optimized CIGS PV module prototype test data validated Ascent’s CIGS PV material’s superior thermal properties and demonstrated a pathway to further increase performance and power output. This design iteration was the basis of the most recent order received for the enhanced prototype after additional testing conducted this week. The Company is now fine-tuning module design modifications.","length":484,"tagName":"p"},{"type":"text","content":"“As interest grows for power beaming and space-based solar power, our thin-film PV technology will stand out as a clear solution for that maximizing efficiency while mitigating the risks around solar solutions in space,” said Paul Warley, CEO of Ascent Solar Technologies. “As we continue to fine-tune our technology to meet each of our customers’ unique needs, we expect to experience increased demand and reven...