Ascent Solar Technologies Inc.

Company Snapshot

Founded: 2005
Entity Type: Public
Employees: 20
Region: U.S.
Revenue: $0.04 Millions
Revenue Year: 2024
Headquarter: Colorado, U.S.
Key Geographics: U.S.
Corporate Address: 12300 Grant Street, Suite 160 Thornton, Colorado 80241 U.S. Tel. +1-720-872-5000 www.ascentsolar.com

Company Overview

Ascent Solar Technologies Inc. develops and sells thin-film photovoltaic modules with substrate materials. The company also commercializes its CIGS technology for manufacturing flexible and thin-film photovoltaic modules on plastic substrates. The company’s monolithic integration helps deposit several layers of materials, including highly efficient thin-film CIGS semiconductor material lightweight, flexible, and high-tech plastic substrate, by using R2R manufacturing followed by laser patterning layers to develop photovoltaic modules. The company’s PV modules are widely utilized across end-use industries such as agrivoltaics, space, unmanned aerial vehicles (UAV), Drones, aerospace, and defense. In 2024, Ascent Solar Technologies received an order from a leading satellite manufacturer to supply PV modules for evaluation. This development underscores the potential of CIGS technology for powering future satellite constellations.

Financial Highlights (FY 2024)

Net Revenue: ***
Total Current Liabilities: ***
Total Current Assets: ***
R&D expenses: ***
Operating Income: ***

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Ascent Solar Technologies Inc. In Reports

Global Markets for Roll-to-Roll Technologies for Flexible Devices

BCC Research Report: Dive into Roll-to-Roll Flexible Devices Market report, 2023 will be considered a base year, 2024 will be the estimated year, and the market values will be forecasted for five years until 2029.

Building-Integrated Photovoltaics (BIPV): Technologies and Global Markets

Global market size for building-integrated photovoltaics (BIPVs) is estimated to increase from $12.4 billion in 2022 to $34.8 billion by 2027, at a CAGR of 22.9% through 2027.

Solar Energy Markets

BCC Research Market Report says global market for solar power technologies is estimated to increase from $182.5 billion in 2022 to $371.7 billion by 2027, at a CAGR of 15.3% during 2022-2027.

Company's Business Segments

  • Photovoltaic Modules and Solutions : The company manufacture and sells photovoltaic products (PV) solar modules that are flexible and durable and renewable energy solutions to high-value production and specialty solar markets.

Applications/End User Industries

  • Agriculture
  • Aerospace
  • Unmanned Aerial Vehicle
  • Defense and Emergency
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