STOCK TITAN

Ascent Solar Technologies and NovaSpark Energy Enter Teaming Agreement to Bring Lightweight, Reliable Power Solutions for Drone Powering and Other Terrestrial Defense Applications

Rhea-AI Impact
(Moderate)
Rhea-AI Sentiment
(Neutral)
Tags

Ascent Solar Technologies (NASDAQ:ASTI) announced a teaming agreement with NovaSpark Energy on November 12, 2025 to combine Ascent’s lightweight flexible thin-film photovoltaic panels with NovaSpark’s mobile hydrogen generation systems.

The package is designed to be air-droppable for battlefield or disaster-zone deployment to power long-range drones, military devices for U.S. Army, Marines, Navy and other national security stakeholders, and to support rapid disaster recovery and critical infrastructure needs. Both CEOs highlighted scalability, rapid production delivery, and deployable clean power at the edge.

Loading...
Loading translation...

Positive

  • None.

Negative

  • None.

News Market Reaction 2 Alerts

+2.42% News Effect
+20.0% Peak Tracked
+$136K Valuation Impact
$6M Market Cap
0.1x Rel. Volume

On the day this news was published, ASTI gained 2.42%, reflecting a moderate positive market reaction. Argus tracked a peak move of +20.0% during that session. Our momentum scanner triggered 2 alerts that day, indicating moderate trading interest and price volatility. This price movement added approximately $136K to the company's valuation, bringing the market cap to $6M at that time.

Data tracked by StockTitan Argus on the day of publication.

THORNTON, Colo., Nov. 12, 2025 (GLOBE NEWSWIRE) -- Ascent Solar Technologies (“Ascent”), the leading U.S. innovator in the design and manufacturing of featherweight, flexible thin-film photovoltaic (PV) solutions, today announced the signing of a teaming agreement with NovaSpark Energy (“NovaSpark”), a pioneer in mobile hydrogen generation systems for fueling long-range drones and powering critical infrastructure.

The agreement brings the two companies’ technologies together to achieve mutually beneficial goals. It packages Ascent’s lightweight thin-film PV with NovaSpark’s mobile hydrogen generation systems, allowing customers to airdrop NovaSpark equipment into the battlefield or disaster zone to power a multitude of terrestrial applications. This includes powering drones and other military devices for the U.S. Army, Marines, Navy, and other national security stakeholders.

“Through this agreement with NovaSpark, our thin-film solar technology is now being deployed everywhere: land, sea, air, and space,” said Paul Warley, CEO of Ascent Solar Technologies. “The need for lightweight, durable and reliable solar technology spans a vast spectrum of applications in both the defense and commercial sectors, both of which are considered high growth for emerging technologies. We’re meeting their needs with a proven solution that is ready for scalable production and delivery at rapid speeds.”

“Ascent’s lightweight solar technology helps make our mobile hydrogen generation systems nimble, air-droppable, and easily deployable whenever and wherever needed,” said Rick Harlow, CEO of NovaSpark Energy. “This capability not only enables defense providers to deliver clean, reliable power to the edge of operations with minimal effort but also allows rapid deployment for disaster recovery and mobile hydrogen production across commercial and critical infrastructure applications.”

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.

About NovaSpark Energy

NovaSpark is a veteran-founded, venture-backed energy innovation company based in Louisiana and Texas. The company designs and manufactures mobile hydrogen generation and power systems that produce fuel from water in the air, enabling zero-emission energy for defense, emergency response, aviation, and critical infrastructure.

Learn more at www.novasparkenergy.com.

Ascent Solar Media Contact:

Spencer Herrmann
FischTank PR
Ascent@FischTankPR.com


FAQ

What did Ascent Solar (ASTI) announce on November 12, 2025?

Ascent Solar announced a teaming agreement with NovaSpark Energy to pair its lightweight thin-film PV with NovaSpark mobile hydrogen generation systems.

How will the Ascent Solar and NovaSpark agreement power drones for military use?

The combined system packages lightweight solar with mobile hydrogen generators to enable air-droppable power for long-range drones and other field devices.

Which military branches are cited as potential users of the ASTI–NovaSpark solution?

The announcement specifically cites the U.S. Army, Marines, Navy and other national security stakeholders as intended users.

Does the teaming agreement include production or delivery timelines for ASTI products?

The announcement states the solution is ready for scalable production and rapid delivery but does not specify firm timelines or volumes.

How could the ASTI and NovaSpark partnership be used in disaster recovery?

Their combined systems are described as air-droppable and rapidly deployable to provide clean, reliable power for disaster recovery and critical infrastructure support.

What advantages did Ascent Solar and NovaSpark highlight for the joint solution?

Both companies emphasized lightweight, durable, air-droppable deployment, scalable production, and delivering reliable clean power to the edge of operations.
Ascent Solar Tec

NASDAQ:ASTI

ASTI Rankings

ASTI Latest News

ASTI Latest SEC Filings

ASTI Stock Data

22.64M
4.01M
9.98%
0.75%
18.9%
Solar
Semiconductors & Related Devices
Link
United States
THORNTON