Ascent Solar Technologies, Inc · NASDAQ:ASTI
Ascent Solar Technologies — IPO Roadshow (September 2023)
18 slides from Ascent Solar Technologies's IPO roadshow presentation, Sep 15, 2023
Slide 1: Free Writing Prospectus Explanatory Note
www.ascentsolar.com Page | 1 Filed Pursuant to Rule 433 Free Writing Prospectus dated September 15, 2023 Relating to Preliminary Prospectus dated September 13, 2023 Registration No. 333 - 274231 Explanatory Note This free writing prospectus relates to the proposed public offering of securities of As
Slide 2: Ascent Solar Technologies, Inc. Free-Writing Prospectus
Ascent Solar Technologies, Inc. Free - Writing Prospectus September 15, 2023
Slide 3: Forward-Looking Statements
www.ascentsolar.com Page | 3 Forward - Looking Statements This presentation includes statements that are, or may be deemed, “forward - looking statements” . In some cases, these forward - looking statements can be identified by the use of forward - looking terminology, including the terms “believes,
Slide 4: Offering Summary
www.ascentsolar.com Page | 4 • Ascent Solar Technologies, Inc. Issuer • NASDAQ / ASTI Listing / Ticker • [xxx] UNITS CONSISTING OF ONE SHARE OF COMMON STOCK, OR ONE PRE - FUNDED WARRANT TO PURCHASE ONE SHARE OF COMMON STOCK, AND ONE WARRANT TO PURCHASE ONE SHARE OF COMMON STOCK Offering Type • $12,5
Slide 5: Ascent Solar Technologies, Inc. (ASTI)
www.ascentsolar.com Page | 5 ASTI is the leading provider of feather - weight, flexible, monolithically - integrated thin - film solar modules for the Space/Near - space, UAV/Defense, Agrivoltaic and Specialty markets. The revolutionary attributes and superior performance of ASTI’s photovoltaic (PV)
Slide 6: History and Awards & Validation
www.ascentsolar.com Page | 6 1990 - 2005 2005 - 2007 2011 2015 2017 2021 Thin - film dev begins at Martin Marietta (1990), ITN Energy created (1992) to develop thin - film on polyimide Market Launch, Silent Flacon UAV: ISO9001:2015 Quality Management manufacturing organization ISO Ascent Solar spun
Slide 7: Robust Patent Portfolio Protects Technology Investment
www.ascentsolar.com Page | 7 Robust Patent Portfolio Protects Technology Investment Ascent US & Foreign Granted Patents 13 Granted (Active) 14 Granted (Inactive) 27 Granted (All) Published Patent Applications 7 Published Patent Applications (Active) 30 Published Patent
Slide 8: Our Thin-Film PV is Lightweight and Fit for Purpose
www.ascentsolar.com Page | 8 Our Thin - Film PV is Lightweight and Fit for Purpose… ASTI panels are lighter than feathers and weigh significantly less than conventional c - Si panels CIGS chemistry – highest thin - film conversion efficiency on polyimide Lightweight Simplified electrical and mechani
Slide 9: While Remaining Incredibly Reliable and Durable
www.ascentsolar.com Page | 9 While Remaining Incredibly Reliable and Durable Patented cell design allows power to be collected at more points within the solar module Increased collection points provides system redundancy and unchallenged durability – in the event of surface damage or partial light c
Slide 10: ASTI's Flexibility is Unmatched by the Competition
www.ascentsolar.com Page | 10 ASTI’s Flexibility is Unmatched by the Competition Significant applications compared to rigid based PV Simplified Roll - to - Roll fabrication Simplified shipping of rolled modules Rollable - deployable configurations increase packing efficiency in launch vehicles (furt
Slide 11: ASTI PV vs Other Technologies
www.ascentsolar.com Page | 11 ASTI PV vs Other Technologies Gallium Arsenide Monocyrstalline & Polycrystalline Amorphous Silicon Highly Flexible Shatterproof Easy to customize Voltage & Current Weight per Watt Non - Traditional Shapes Available Long - term Power Stability Specific Power Price Per Wa
Slide 12: Sector: Aerospace/Space
www.ascentsolar.com Page | 12 Sector: Aerospace/Space Strategic Market Type High Margin Lightweight • 68.4 g/m Durable • Radiation tolerant • Withstands physical damage Flexible • 3mm radius of curvature High Specific Power • Highest available W/kg Fit for Purpose • High voltage available for propul
Slide 13: Space Market PV Need
www.ascentsolar.com Page | 13 Space Market PV Need ○ Currently 7 to 10 of MW per year of market demand for space solar PV arrays and projected to continue growing in the coming years ○ The space market is trending towards an inflection point into +60 to 100 of MW per year of demand before the end of
Slide 14: Sector: Agrivoltaics
www.ascentsolar.com Page | 14 Sector: Agrivoltaics Industrial Scale Market Type Low - Medium Margin Lightweight • 68.4 g/m Flexible • 3mm radius of curvature • Suitable for applications where rigid panels are inappropriate High Specific Power • Highest available W/kg Value Proposition Dual Use Innov
Slide 15: Focusing on CIGS Optimization and Perovskites to Improve Efficiency
www.ascentsolar.com Page | 15 Focusing on CIGS Optimization and Perovskites to Improve Efficiency This quantum leap in thin - film efficiency, combined with the superior dynamics of CIGS , will deliver efficiency characteristics and price competitiveness with mono / polycrystalline hard panels produ
Slide 16: ASTI Leadership Team
www.ascentsolar.com Page | 16 ASTI Leadership Team CEO - Paul Warley CFO - Jin Jo COO - Bobby Gulati Paul has over 35 years of experience and joined ASTI as CFO in December 2022 and was promoted to CEO in April 2023. Prior to Ascent, Warley was president of Warley & Company LLC, a strategic advisory
Slide 17: Future Growth Opportunities
www.ascentsolar.com Page | 17 Future Growth Opportunities There are a few large constellations consisting of thousands of satellites that are currently being fielded. ASTI has been researching the prospective opportunities, mapping out corporate enterprise and opportunities, and charting out sales a
Slide 18: Investor Opportunity
www.ascentsolar.com Page | 18 Investor Opportunity Markets for ASTI’s products have accelerated in the last 12 months and is expected grow in the next 5 to 8 years. ASTI is in early discussions with several parties now, which potentially could materialize into +$80 million in revenue by 2025. ● Targ
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