Ascent Solar Technologies Provides Leading Space Company with Thin-Film PV modules for Spacecraft Power Generation Testing in Cislunar Space
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Rhea-AI Summary
Ascent Solar Technologies (ASTI) announced on December 3, 2025 that it provided test modules of its featherweight, flexible thin-film photovoltaic (PV) technology to a leading space company for spacecraft power generation testing in Cislunar space (between Earth and the moon).
Preliminary test results are described as promising for the modules' ability to generate power in deeper-space radiation environments. The company said its refined manufacturing supports rapid delivery and that arrays aim to add capability without significant mass penalty for lunar and beyond-moon missions.
Details
News Market Reaction – ASTI
On Dec 3, the day this news came out, ASTI closed 8.18% above the previous close.
Data tracked by StockTitan Argus for the Dec 3 session.
Key Figures
- Q3 2025 product revenue
- $28,549
- Quarter ended September 30, 2025 (10-Q)
- Q3 2025 net loss
- $2,021,640
- Quarter ended September 30, 2025 (10-Q)
- 9M 2025 revenue
- $61,134
- Nine months ended September 30, 2025 (10-Q)
- 9M 2025 net loss
- $5,761,333
- Nine months ended September 30, 2025 (10-Q)
- Cash balance
- $2,094,018
- As of September 30, 2025 (10-Q)
- ATM average price
- $2.53
- Shares sold via ATM during nine months ended Sep 30, 2025
- Shelf registration size
- $100,000,000
- Form S-3 filed October 27, 2025
- Unsold securities carried
- $74,855,618
- Rule 415(a)(6) carryforward in S-3
Historical Context
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At-the-market private placement raising upfront proceeds with additional warrants.
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Definitive agreement for up to $5.5M private placement with A and B warrants.
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Thin-film PV modules supplied for power generation testing in cislunar space.
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Teaming with NovaSpark to power drones and defense/disaster applications.
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Teaming with CisLunar Industries to extend mission power for U.S. space market.
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
Key Terms
thin-film photovoltaic (PV) technical
cislunar space technical
thin-film solar arrays technical
AI-generated analysis. How Rhea-AI works. Not financial advice.
THORNTON, Colo., Dec. 03, 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 that it recently provided test modules of its thin-film PV technology to a leading space company.
The modules are currently being tested on their ability to generate power for spacecraft in Cislunar space, the region of space between the Earth and the moon. Preliminary findings from these tests have shown promising results for the technology’s capabilities.
Reaching the moon requires significantly more energy than achieving low Earth orbit for space vehicles. Ascent’s solar power generation products are being evaluated in trade studies like these and others to help maximize space vehicle mission capabilities without adding mass that could weigh vehicles down.
“Equipping a spacecraft with Ascent’s thin-film solar arrays that can endure the extreme radiation found in deep space enables mission designs that can go farther, accomplish more, and operate longer on the lunar surface and beyond,” said Paul Warley, CEO of Ascent Solar Technologies. “Our manufacturing processes have been continuously refined for over a decade, allowing us to meet rapid delivery deadlines for customers looking to make swift decisions. We’re meeting the customer’s needs with a high-efficiency, durable technology that is ready to be delivered right when they need it.”
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.
Media Contact:
Ascent Solar Technologies
Spencer Herrmann
FischTank PR
Ascent@FischTankPR.com
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