Ascent Solar Secures Deal to Deliver Thin-Film Solar Tech to Space Solar Array Provider

Ascent Solar Technologies has partnered with a Colorado-based power systems provider to deliver its thin-film PV technology for evaluation and potential product integration. The agreement strengthens Ascent's position in the space and defense markets, leveraging its rapid delivery capabilities and strategic geographical supply chain advantage. Delivery is scheduled by July 2025.

Ascent Solar Technologies (NASDAQ: ASTI) has secured an agreement to supply its thin-film photovoltaic (PV) technology to a Colorado-based power systems provider for evaluation and potential integration into their array products. The delivery is scheduled for completion by the end of July 2025 [1].

Ascent's CIGS (Copper Indium Gallium Selenide) PV product line, developed with spaceflight heritage, is manufactured at their 5 MW facility in Thornton, CO. A key competitive advantage is Ascent's ability to deliver arrays within 6-8 weeks, significantly faster than the industry standard of 9-12 months [1].

The agreement represents a strategic move for Ascent to strengthen its domestic space technology supply chain. By partnering with another Colorado-based provider, Ascent is creating a more geographically consolidated supply chain that could enhance operational efficiency for Department of Defense and space industry customers [1].

Ascent's rapid fulfillment capability is particularly notable. Their six-to-eight week delivery timeline substantially outpaces competitors' nine-to-twelve month lead times, which can be decisive in time-sensitive defense applications or missions with tight launch windows [1].

Ascent's CIGS PV technology is well-positioned for the space sector due to its lightweight, flexible properties and proven spaceflight heritage. Their 5 MW domestic production facility in Thornton gives them control over manufacturing, which is crucial for space and defense applications where supply chain security is critical [1].

While the immediate financial impact remains unquantified, this agreement aligns with Ascent's strategy to capitalize on growing demand for space-based solar solutions as both commercial space activities and space defense initiatives continue to expand [1].

References:
[1] https://www.stocktitan.net/news/ASTI/ascent-solar-technologies-to-deliver-thin-film-solar-technology-to-a-p2fz7hw5uwcj.html
[2] https://www.marketscreener.com/quote/stock/ASCENT-SOLAR-TECHNOLOGIES-111313590/news/Ascent-Solar-Technologies-to-Deliver-Thin-Film-Solar-Technology-to-A-Colorado-Based-Space-Solar-Arr-50526711/
[3] https://solarquarter.com/2025/07/16/ascent-solar-to-supply-thin-film-solar-tech-for-evaluation-by-colorado-space-solar-array-provider/