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Ascent Solar Technologies Provides Corporate Update Detailing Customer Pipeline and Sales Progress in Space and Aerospace Industries

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Ascent Solar Technologies (NASDAQ: ASTI), a leading U.S. manufacturer of flexible CIGS thin-film photovoltaic solutions, has released a corporate update outlining its growth trajectory in aerospace and space industries. The company projects significant revenue growth, with 2026 sales estimated between $5-20 million and 2027 sales projected at $25-40 million.

The company has achieved several notable milestones, including collaboration with NASA on the LISA-T Mission, establishing a Master Services Agreement with NOVI, and forming multiple partnerships in space and defense sectors. Following its 2023 restructuring, ASTI has improved technology efficiency and streamlined order fulfillment to just a few days.

["Projected revenue growth with 2026 sales of $5-20M and 2027 sales of $25-40M", "Strategic partnerships with NASA and multiple space/defense organizations", "Improved operational efficiency with order fulfillment reduced to few days", "Successfully deployed technology in NASA's LISA-T Mission"]

Ascent Solar Technologies (NASDAQ: ASTI), un importante produttore statunitense di soluzioni fotovoltaiche flessibili in CIGS a film sottile, ha pubblicato un aggiornamento aziendale che illustra il suo percorso di crescita nei settori aerospaziale e spaziale. L'azienda prevede una significativa crescita dei ricavi, con vendite stimate tra 5 e 20 milioni di dollari nel 2026 e vendite previste tra 25 e 40 milioni di dollari nel 2027.

La società ha raggiunto diversi traguardi importanti, tra cui la collaborazione con NASA nella missione LISA-T, la stipula di un Master Services Agreement con NOVI e la creazione di molteplici partnership nei settori spaziale e della difesa. Dopo la ristrutturazione del 2023, ASTI ha migliorato l'efficienza tecnologica e ha snellito il processo di evasione degli ordini, riducendolo a pochi giorni.

Ascent Solar Technologies (NASDAQ: ASTI), un destacado fabricante estadounidense de soluciones fotovoltaicas flexibles de película delgada CIGS, ha publicado una actualización corporativa que describe su trayectoria de crecimiento en las industrias aeroespacial y espacial. La compañía proyecta un crecimiento significativo en ingresos, con ventas estimadas entre 5 y 20 millones de dólares en 2026 y ventas proyectadas entre 25 y 40 millones de dólares en 2027.

La empresa ha alcanzado varios hitos importantes, incluyendo la colaboración con NASA en la misión LISA-T, el establecimiento de un Acuerdo Maestro de Servicios con NOVI y la formación de múltiples asociaciones en los sectores espacial y de defensa. Tras su reestructuración en 2023, ASTI ha mejorado la eficiencia tecnológica y ha agilizado el cumplimiento de pedidos a solo unos pocos días.

Ascent Solar Technologies (NASDAQ: ASTI)� 유연� CIGS 박막 태양� 솔루션을 선도하는 미국 제조업체로서, 항공우주 � 우주 산업에서� 성장 경로� 담은 기업 업데이트� 발표했습니다. 회사� 2026� 매출� 500만~2,000� 달러, 2027� 매출� 2,500만~4,000� 달러� 크게 성장� 것으� 예상하고 있습니다.

� 회사� NASA� LISA-T 미션과의 협력, NOVI와� 마스� 서비� 계약 체결, 우주 � 방위 산업 � 다수� 파트너십 형성 � 여러 중요� 성과� 이뤘습니�. 2023� 구조조정 이후 ASTI� 기술 효율성을 향상시키� 주문 처리 기간� � � 일로 단축하는 � 운영 효율성을 개선했습니다.

Ascent Solar Technologies (NASDAQ : ASTI), un fabricant américain de premier plan de solutions photovoltaïques flexibles à couche mince CIGS, a publié une mise à jour d'entreprise détaillant sa trajectoire de croissance dans les industries aérospatiale et spatiale. La société prévoit une croissance significative de ses revenus, avec des ventes estimées entre 5 et 20 millions de dollars en 2026 et des ventes projetées entre 25 et 40 millions de dollars en 2027.

L'entreprise a atteint plusieurs étapes importantes, notamment une collaboration avec la NASA sur la mission LISA-T, la signature d'un accord-cadre de services avec NOVI, ainsi que la formation de multiples partenariats dans les secteurs spatial et de la défense. Suite à sa restructuration en 2023, ASTI a amélioré l'efficacité technologique et rationalisé le traitement des commandes, le réduisant à quelques jours seulement.

Ascent Solar Technologies (NASDAQ: ASTI), ein führender US-Hersteller flexibler CIGS-Dünnschicht-Photovoltaiklösungen, hat ein Unternehmensupdate veröffentlicht, das seinen Wachstumskurs in der Luft- und Raumfahrtindustrie darlegt. Das Unternehmen prognostiziert ein erhebliches Umsatzwachstum mit geschätzten Verkäufen von 5 bis 20 Millionen US-Dollar im Jahr 2026 und prognostizierten Verkäufen von 25 bis 40 Millionen US-Dollar im Jahr 2027.

Das Unternehmen hat mehrere bedeutende Meilensteine erreicht, darunter die Zusammenarbeit mit der NASA bei der LISA-T-Mission, den Abschluss eines Master Services Agreement mit NOVI sowie die Bildung mehrerer Partnerschaften im Raumfahrt- und Verteidigungssektor. Nach der Umstrukturierung im Jahr 2023 hat ASTI die Technologieeffizienz verbessert und die Auftragsabwicklung auf nur wenige Tage verkürzt.

Positive
  • None.
Negative
  • Sales projections are not based on contracted revenue
  • Current revenue figures not disclosed
  • Actual market penetration and adoption rates unclear

Insights

ASTI projecting ambitious revenue growth from space/aerospace applications, but figures remain speculative without secured contracts.

Ascent Solar has released ambitious forward revenue projections of $5-20 million for 2026 and $25-40 million for 2027, representing significant growth targets for their lightweight CIGS thin-film solar technology. The critical distinction here is that these figures are not based on secured contracts but rather on ongoing customer discussions and market potential assessments.

While the company has made technological progress with their flexible photovoltaic solutions, including having modules aboard NASA's LISA-T Mission and securing various agreements with space and defense organizations, these partnerships haven't yet translated into firm revenue commitments. The dramatic revenue range (300% spread for 2026 projections) indicates substantial uncertainty.

The company's focus on quick manufacturing turnaround ("ability to fulfill orders in just a few days") suggests production capacity isn't a limiting factor � customer adoption is. The aerospace and space sectors demand extensive qualification periods for new technologies, often taking years from testing to full implementation. Though ASTI has restructured since 2023 and made efficiency improvements, the leap from providing "test product samples" to securing multi-million dollar contracts represents a significant commercial hurdle that remains to be proven.

This update signals ASTI's confidence in their technology's market fit, but investors should recognize these projections represent aspirational targets rather than contracted backlog or high-probability pipeline conversions.

THORNTON, Colo., Aug. 06, 2025 (GLOBE NEWSWIRE) -- , (Nasdaq: ASTI) (“Ascent'' or the “Company�), the leading U.S. innovator in the design and manufacture of featherweight, flexible, and durable CIGS thin-film photovoltaic (PV) solutions, today published a corporate update detailing its customer and sales progress, as well as its strategy to meet growth opportunities in the aerospace and space industries.

The full report , projecting 2026 sales to reach $5 million to $20 million, and 2027 sales to achieve $25 million to $40 million. These figures are estimated based on current customer discussions and testing coupled with a rapidly growing market opportunity in aerospace and space. It does not reflect sales currently under contract.

The report also outlines the Company’s competitive advantages and details its customer acquisition strategies within its respective market focuses of aerospace and space. It follows a number of significant milestones achieved by Ascent in the last two years, including space solar modules ; signing a to advance the development of its thin-film PV power beaming capabilities; establishing a Master Services Agreement with NOVI; signing several teaming agreements and MOUs with various organizations in the space and defense industries; and providing test product samples to several other companies for potential adoption.

“We are very proud of the technological and commercial progress achieved since our corporate restructuring in 2023. In that short time our company has made remarkable efficiency improvements to our technology and processes, established an unrivaled ability to fulfill orders in just a few days, and connected with numerous potential customers interested in testing our technology. All of this and more is reflected in our confidence in issuing this report,� said Paul Warley, CEO of Ascent Solar Technologies. “We are laser-focused on improving efficiency and engaging a wide range of companies that represent a broad customer base, with a focus on providing technology that meets the burgeoning need for durable, reliable solar solutions in space.�

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, optimized for use in space, military and defense, and other applications where mass, performance, reliability, and resilience are paramount.

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.

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FAQ

What are Ascent Solar's (ASTI) revenue projections for 2026 and 2027?

Ascent Solar projects sales of $5-20 million for 2026 and $25-40 million for 2027, based on current customer discussions and market opportunities.

What major partnerships has Ascent Solar (ASTI) secured in the space industry?

ASTI has secured partnerships with NASA for the LISA-T Mission, signed a Collaborative Agreement with NASA for PV power beaming, established an MSA with NOVI, and formed several teaming agreements in the space and defense sectors.

How has Ascent Solar (ASTI) improved since its 2023 restructuring?

Since restructuring in 2023, ASTI has improved technology efficiency, reduced order fulfillment time to a few days, and established connections with numerous potential customers for technology testing.

What is Ascent Solar's (ASTI) main product focus?

ASTI specializes in featherweight, flexible, and durable CIGS thin-film photovoltaic (PV) solutions, primarily targeting aerospace and space industries.

Are Ascent Solar's (ASTI) projected sales figures based on existing contracts?

No, the projected sales figures are not based on current contracts but rather on ongoing customer discussions, testing activities, and market opportunities in aerospace and space sectors.
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