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Ascent Solar Technologies Inc - ASTI STOCK NEWS

Welcome to our dedicated news page for Ascent Solar Technologies (Ticker: ASTI), a resource for investors and traders seeking the latest updates and insights on Ascent Solar Technologies.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Ascent Solar Technologies's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Ascent Solar Technologies's position in the market.

News
Ascent Solar Begins Advocacy Outreach to Brief Private Sector Space Activities Interagency Steering Group Members on Advantages of Thin-Film Solar PV in Space
Rhea-AI Summary
Ascent Solar Technologies, Inc. has initiated advocacy outreach to the White House's United States Novel Space Activities Authorization and Supervision Framework to collaborate with the commercial space industry and address the hazard of space debris. The company's thin-film PV technology has the unique ability to continue functioning after sustaining damage from impacts with orbital debris, making it a leader in the proliferation of thin-film solar modules in space environments. Ascent seeks to work closely with several government departments on projects that will further establish thin-film solar technology as a viable, efficient, and resilient energy solution for satellites and other space vehicles.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.68%
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none
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News
Ascent Solar Technologies, Inc. Establishes Strategic Advisory Board, Adds Major General Casey Blake as Inaugural Member
Rhea-AI Summary
Ascent Solar Technologies, Inc. (ASTI) has appointed Major General Casey Blake as the inaugural member of its Strategic Advisory Board. General Blake brings extensive experience from the United States Air Force, particularly in contracting and acquisition. This move is expected to bring valuable insights and expertise to Ascent Solar's strategic planning and development.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.49%
Tags
management
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News
Ascent Solar Technologies, Inc. Announces Letter of Intent to Supply Yearly Solar Array Orders to a Private Company Starting in 2027
Rhea-AI Summary
Ascent Solar Technologies (ASTI) announced a Letter of Intent (LOI) with an undisclosed private company to supply future orders anticipated to exceed 2-5 MW total from 2027 to 2029 and 100 MW per year within the next decade. Ascent plans to increase the conversion efficiencies of its products to deliver superior value to this potential customer and others. The company's Space HDK line of products, built with Titan modules, will be available for 2024 customer deliveries, with enhanced modules modified to generate more power for longer. Ascent's CEO, Paul Warley, emphasized the company's ability to scale production volumes to meet high growth demand forecasts for future solar applications in space, agrivoltaics, drones, and aviation.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.44%
Tags
none
News
Ascent Solar Technologies Inc. Achieves Spaceflight Heritage for its Space Solar PV Array Products on Momentus’ Vigoride-6 Mission
Rhea-AI Summary
Ascent Solar Technologies (Nasdaq: ASTI) achieved spaceflight heritage for its space PV array products on the Momentus Vigoride-6 mission. The company's Plug & Fly™ solar panels, integrated into Momentus’s Tape Spring Solar Array, have operated as expected in the space environment, validating Ascent’s CIGS material, manufacturing, integration, and quality processes. Ascent is focused on developing higher efficiency lightweight products optimized for the orbital environment with its Titan Space HDK line of products. Paul Warley, CEO of Ascent Solar Technologies, stated that the company's power generation solutions are aligned with the European Space Agency’s Zero Debris Charter, drastically lowering mission risks for spacecraft specifying flexible thin-film power generation capabilities.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.21%
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none
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News
Ascent Solar Technologies, Inc. Completes First Delivery of New, Increased Efficiency Material for Lifecycle Performance Capabilities Testing in Space Environments
Rhea-AI Summary
Ascent Solar Technologies (ASTI) has completed the first delivery of its new, increased efficiency material for further testing. The company's ongoing high-fidelity lifecycle testing aims to inform iterative development paths to higher efficiencies. Ascent's Plug & FlyTM arrays have been chosen by customers for their weight and volumetric efficiencies, bolstered by recent efficiency breakthroughs. The planned tests will indicate how much less area of solar arrays will be needed to generate the end of life power for space missions. Ascent aims to refine its products to be more resilient and longer-lived in the space environment.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.49%
Tags
none
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News
Ascent Solar Technologies CEO to Attend Spacepower Conference, Liaise with Prominent Space Technology Industry Leaders
Rhea-AI Summary
Ascent Solar Technologies, Inc. (Nasdaq: ASTI) announced that its CEO will attend the Space Force Association’s Spacepower Conference to showcase the value propositions of its thin-film solar technology for on-orbit deployment, highlighting efficiency, durability, and cost-effectiveness. The company has achieved a significant efficiency increase in its technology, allowing its solar array subsystems to generate more power with less mass and volume requirements, outperforming heavier and costlier solar panel counterparts. Ascent has also developed Titan, a solar module optimized for use in a space environment, expected to ship as early as Q1 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.18%
Tags
conferences
News
Ascent Solar Technologies, Inc. Announces Adjournment of Annual Meeting, Information for Reconvened Annual Meeting
Rhea-AI Summary
Ascent Solar Technologies, Inc. (ASTI) has adjourned its 2023 Annual Meeting of Stockholders to solicit additional votes with respect to the proposals described in the Company’s definitive proxy statement. The meeting will be reconvened on December 14, 2023, at 10:00 a.m. Mountain Time. Stockholders as of October 16, 2023, are encouraged to vote as soon as possible via the Internet or by phone. At the time the Annual Meeting was adjourned, proxies had been submitted by stockholders representing approximately 42.3% of the shares of the Company’s common stock issued and outstanding as of the record date. Each of the proposals described in the Annual Meeting proxy statement had received a favorable vote from the shares that had been voted.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.27%
Tags
none
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News
Ascent Solar to Pursue Multiple Federal Funding Opportunities for Allocation in 2024
Rhea-AI Summary
Ascent Solar Technologies (Nasdaq: ASTI) is pursuing federal funding opportunities through the Department of Energy and the Small Business Administration for groundbreaking research in agrivoltaics, on-orbit manufacturing, and advanced solar cells. The Company is partnering with industry players to complement its own capabilities and has submitted concept papers for funding, with determination and allocation expected in 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
5.81%
Tags
none
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News
Ascent Solar Technologies Achieves Efficiency of 17.73% for CIGS Technology, and design improvements allow for Superior Space Solar Array Power Capabilities
Rhea-AI Summary
Ascent Solar Technologies (Nasdaq: ASTI) announced an efficiency increase in its proprietary CIGS technology from 17.55% to 17.73%. This achievement will result in more powerful and lightweight Plug & FlyTM integrated thin-film solar array subsystems, offering drop-in replacement array panels for satellites and addressing concerns about space debris. Ascent anticipates product deliveries for Q1/Q2 2024 with increased annual production capacity, providing customers with lower product costs and superior power capabilities.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.33%
Tags
none
News
Ascent Solar Develops Titan: A Solar Module Optimized for Space using 17.55% Record Efficiency Technology; Eyes Q1 for Initial Product Deliveries
Rhea-AI Summary
Ascent Solar Technologies (ASTI) announced the upcoming release of a new solar module called Titan, optimized for use in space with a record power output of 17.55% efficiency. The module is expected to ship in Q1 2024 and has a power output of 17 watts. It is one square foot in size, weighs 10 grams, and has a specific power of 2100 W/kg. Titan will be the standard building block for Ascent's line of Space Hardware Developer Kits (HDKs).
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.85%
Tags
none
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Ascent Solar Technologies Inc

Nasdaq:ASTI

ASTI Rankings

N/A Ranked by Market Cap
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ASTI Stock Data

2.14M
3.03M
1.46%
2.07%
9.87%
Semiconductor and Related Device Manufacturing
Manufacturing
Link
US
Thornton

About ASTI

ascent solar technologies, inc. headquartered in thornton, co is a developer of thin-film photovoltaic modules with substrate materials that can be more flexible and affordable than most traditional solar panels. ascent solar modules can be directly integrated into standard building materials, space applications, consumer electronics for portable power or configured as stand alone modules for large scale terrestrial deployment.