Duyuru • Apr 28
Ascent Solar Technologies, Inc., Annual General Meeting, Jun 17, 2026 Ascent Solar Technologies, Inc., Annual General Meeting, Jun 17, 2026. Location: 12300 grant street, suite 160, co 80241, thornton United States Duyuru • Feb 25
Ascent Solar Technologies' PV Blankets to Power NOVI AI Pathfinder Spacecraft Scheduled for Launch This Spring Ascent Solar Technologies announced that its previously delivered solar blankets have been successfully integrated into NOVI's Pathfinder spacecraft, scheduled to fly on a SpaceX Falcon 9 Transporter launch no earlier than March 29th. NOVI's spring mission will demonstrate GENIE™? (Geospatial Ecosystem for Near Real-Time Information at the Edge), the company's open-access, multi-sensor, edge-compute platform designed to provide low-cost, low-latency Earth observation data and real-time geospatial intelligence. Integration of Ascent's flexible CIGS array allows for a tightly rolled configuration that minimizes the stowed volume. Pathfinder, the toaster-sized hyperspectral imaging spacecraft will generate 150W, an amount of power typically seen on larger spacecraft at higher costs. NOVI is poised to recognize compounded savings across its planned constellation by partnership with Ascent. Duyuru • Feb 06
Ascent Solar Technologies Spurs Development of CIGS PV Modules Capable of Generating Multiple Times More Power for Space Beaming Ascent Solar Technologies announced its plans to continue development of distributed power receiving products in 2026 to account for growing demand for space-based energy beaming technologies. These development efforts include both internally funded research and development as well as continued Collaborative Agreement Notice program work with the NASA Marshall Spaceflight Center and Glenn Research Center, which is on schedule to successfully conclude this spring. The Company plans to present the results of these development programs at select space industry conferences to be announced later this year. These solar module technology advancements are uniquely enabled by Ascent's in-house manufacturing capabilities at its 5-MW production facility in Thornton, Colorado. The facility allows for the company's commercial-off-the-shelf CIGS PV products to be further optimized in order to be able to receive both sunlight in addition to more distributed power from a number of transmission sources and providers such as Star Catcher Industries. The Company further plans for continued technology progression through partnerships like that with Cislunar Industries that stand to effectively enable spacecraft to generate and utilize multiple times more power with a solar array of any given size. Duyuru • Jan 27
Ascent Solar Technologies, Inc. announced that it has received $9.999865 million in funding On January 26, 2026, Ascent Solar Technologies, Inc. closed the transaction. Duyuru • Dec 09
Ascent Solar Technologies, Inc. announced that it has received $1.999978 million in funding On December 8, 2025, Ascent Solar Technologies, Inc. closed the transaction. Duyuru • Dec 08
Ascent Solar Technologies, Inc. announced that it expects to receive $2.000004 million in funding Ascent Solar Technologies, Inc. announced that it has entered into a definitive agreement for the purchase and sale of an aggregate of 1,025,643 common shares (or pre-funded warrants in lieu thereof) at a price of $1.95 per share of common stock (or per pre-funded warrant in lieu thereof) for gross proceeds of $2,000,003.85 and series A warrants to purchase up to 1,025,643 shares of common stock and short-term series B warrants to purchase up to 1,025,643shares of common stock and accompanying warrants in a private placement priced at-the-market under Nasdaq rules on December 8, 2025. The series A warrants and the short-term series B warrants will have an exercise price of $1.70 and will be exercisable immediately upon issuance. The series A warrants will expire five years from the effective date of the Resale Registration Statement and the short-term series B warrants will expire eighteen months from the effective date of the Resale Registration Statement. The private placement is expected to close on or about December 8, 2025, subject to the satisfaction of customary closing conditions and other offering expenses payable by the Company. The potential additional gross proceeds to the Company from the series A warrants and the short-term series B warrants, if fully exercised on a cash basis, will be approximately $3.5 million. No assurance can be given that any of the series warrants will be exercised, or that the Company will receive cash proceeds from the exercise of the series warrants. The securities described above are being offered in a private placement under Section 4(a)(2) of the Securities Act of 1933, as amended (the “Securities Act”), and/or Regulation D promulgated thereunder and, along with the shares of common stock underlying the warrants, have not been registered under the Securities Act, or applicable state securities laws. Accordingly, the securities issued in the private placement and shares of common stock underlying the warrants may not be offered or sold in the United States except pursuant to an effective registration statement or an applicable exemption from the registration requirements of the Securities Act and such applicable state securities laws. Duyuru • Oct 14
Ascent Solar Technologies Delivers Thin-Film PV for Saltwater Environment Durability and Space-Based Power Beaming Testing Ascent Solar Technologies announced that it has delivered test samples of its thin-film PV technology to an ocean monitoring technology company, a developer of autonomous underwater vehicles capable of reaching anywhere in the ocean with a high degree of speed, endurance and sensing; and a cutting-edge power lasing company focused on advancing space and defense technologies. With these test deliveries, Ascent continues to push the limits of its solar technology in extreme environments. The ocean monitoring company will test the technology's functionality and durability in aquatic terrestrial applications, with the intent of enabling persistent equipment operation of ocean-based monitoring technologies. The space power Lasering company will test the technology's space-based power beaming receiving capabilities, as it seeks out technologies that enable the transmission of power between satellites on orbit. Duyuru • Aug 08
Ascent Solar Technologies Establishes Rapid Thin- Film Pv Delivery Process to Provide Customized Space Solar Products Ahead of Schedule on Mission Enabling Timelines Ascent Solar Technologies continues to set precedent via its new standard for rapid delivery of space-mission enabling PV products. The Company has now delivered mission-optimized solar array blanket spaceflight hardware assemblies to multiple customers, each in under three weeks from order. The Plug & Fly™? integrated and encapsulated solar array blanket assemblies delivered were custom-designed to conform to each customer's requirements using Ascent's commercial-off-the-shelf CIGS PV modules in conjunction with new spaceflight heritage derived CIGS PV module designs. Enhancements to the Company's designs previously flown in space include lighter weight and thinner space-rated laminates that allow more power to be reliably produced on orbit by being able to roll and stow higher power solar arrays within each spacecraft's dimensional constraints. The Company's manufacturing production processes have been continuously refined for over a decade, enabling rapid delivery of NASA TRL9-derived solutions that are customized to space mission needs. The efficacy of Ascent's vertical integration was demonstrated with its most recent order, which included a CIGS PV module and array custom designed for the satellite bus' requirements, going from critical design review to acceptance tested spaceflight hardware packaged and ready to ship in 20 days. Duyuru • Aug 06
Ascent Solar Technologies, Inc. Provides Sales Guidance for the Full Year 2026 and Year 2027 Ascent Solar Technologies, Inc. provided sales guidance for the full year 2026 and year 2027. For the year 2026 company expects sales to reach $5 million to $20 million.
For full year 2027 company expects sales to achieve $25 million to $40 million. Duyuru • Jul 01
Ascent Solar Technologies, Inc. has completed a Follow-on Equity Offering in the amount of $1.999951 million. Ascent Solar Technologies, Inc. has completed a Follow-on Equity Offering in the amount of $1.999951 million.
Security Name: Common Stock
Security Type: Common Stock
Securities Offered: 507,000
Price\Range: $2
Discount Per Security: $0.14
Security Name: Pre-Funded Warrants
Security Type: Equity Warrant
Securities Offered: 493,000
Price\Range: $1.9999
Discount Per Security: $0.14
Security Name: Warrants
Security Type: Equity Warrant
Securities Offered: 1,000,000 Duyuru • Jun 25
Ascent Solar Technologies, Inc. has filed a Follow-on Equity Offering in the amount of $5 million. Ascent Solar Technologies, Inc. has filed a Follow-on Equity Offering in the amount of $5 million.
Security Name: Common Stock
Security Type: Common Stock
Securities Offered: 3,205,129
Security Name: Pre-Funded Warrants
Security Type: Equity Warrant
Securities Offered: 3,205,129
Security Name: Warrants
Security Type: Equity Warrant
Securities Offered: 3,205,129 Duyuru • Jun 10
Ascent Solar Technologies Achieves Record New Efficiency of 15.7% at Production Scale for its CIGS Solar Technology Ascent Solar Technologies announced that its thin-film CIGS technology reached record efficiency at 15.7% (AM0) at production scale. This achievement aligns with the Company's previously announced 2025 strategy which aimed to continue improving upon its thin-film PV's material quality, technological efficiency and production design optimization to increase the applicability of the technology in the space market. Using the Titan™?, a module approximately one square foot in size, Ascent can now produce a formidable 15.7 watts in power per unit. These modules are approximately 0.03mm in thickness and just over eight grams in weight, possess an impressive power density of 1960W/kg before encapsulation. Ascent's engineering and production teams have consistently achieved increases in device efficiency and overall performance since September 2023. In the last 18 months, Ascent has reached significant milestones in efficiency testing, with the latest achievement of 15.7% representing a significant increase from First Quarter 2024: Third Quarter 2023: 11.6 watts; Fourth Quarter 2023: 13.3 watts; First Quarter 2024: 14.0 watts; Second Quarter 2025: 15.7 watts. Duyuru • May 01
Ascent Solar Technologies, Inc., Annual General Meeting, May 29, 2025 Ascent Solar Technologies, Inc., Annual General Meeting, May 29, 2025. Location: corporate office of ascent solar technologies, inc, 12300 grant street, suite 160, colorado 80241, thornton United States Duyuru • Aug 20
Ascent Solar Technologies Announces Reverse Stock Split to Meet Nasdaq Continued Listing Standards On August 14, 2024 Ascent Solar Technologies, Inc., a Delaware corporation (the Company"), effected a reverse stock split of the Company's common stock at a ratio of one-for-one hundred (the Reverse Stock Split"). The Company believes that effecting the Reverse Stock Split will assist in its efforts to meet the Nasdaq continued listing standards and to continue to have its common stock remain listed and traded on Nasdaq. In particular, we expect that the Reverse Stock Split will increase the per share bid price of its common stock above the $1.00 required by Nasdaq's Minimum Bid Price Requirement. Duyuru • Jun 22
Ascent Solar Technologies, Inc., Annual General Meeting, Aug 07, 2024 Ascent Solar Technologies, Inc., Annual General Meeting, Aug 07, 2024. Location: ascent solartechnologies, inc., 12300 grant street, thornton, colorado,80241, United States Duyuru • Jun 17
Ascent Solar Technologies, Inc. Provides Non-Compliance Update As previously disclosed, on December 11, 2023, Ascent Solar Technologies, Inc. (the Company") received written notice from the Listing Qualifications Department of The Nasdaq Stock Market LLC (Nasdaq") indicating that theCompany was not in compliance with the $1.00 minimum bid price requirement set forth in Nasdaq Listing Rule 5550(a)(2) for continued listing on The Nasdaq Capital Market (the Bid Price Requirement"). In accordance withthe Nasdaq Listing Rules, the Company was granted a grace period of 180 calendar days, through June 10, 2024, to regain compliance with the Bid Price Requirement. The Company did not evidence compliance with the Bid Price Requirement by June 10, 2024 and was not eligible for a second grace period under the Nasdaq Listing Rules. Accordingly, on June 11, 2024, the Company received formal notice from Nasdaq that the deficiency could serve as an additional basis for delisting. At a hearing before the Nasdaq Hearings Panel on May 9, 2024, the Company addressed its plan to evidence compliance with both (i) the Nasdaq stockholders equity continued listing requirement (the Equity Requirement"), and (ii) the Bid Price Requirement. By decision dated June 5, 2024, the Panel granted the Company's request for continued listing on Nasdaq subject to the Company demonstrating compliance with all applicable criteria for continued listing on The Nasdaq Capital Market by August 22, 2024. The Company intends to monitor the closing bid price of its common stock and is considering its options to regain compliance with the Bid Price Requirement on or before August 22, 2024. Duyuru • May 17
Ascent Solar Technologies, Inc. has filed a Follow-on Equity Offering in the amount of $4.219 million. Ascent Solar Technologies, Inc. has filed a Follow-on Equity Offering in the amount of $4.219 million.
Security Name: Common Stock
Security Type: Common Stock
Transaction Features: At the Market Offering Duyuru • Mar 12
The Listing Qualifications Staff of the Nasdaq Stock Market LLC Notifies Ascent Solar Technologies Regarding No Longer Satisfies the $2.5 Million Stockholders’ Equity Requirement as Set Forth in Nasdaq Listing Rule 5550(b)(2) As previously disclosed, on May 25, 2023, Ascent Solar Technologies, Inc. (the ‘Company’) was notified by the Listing Qualifications Staff (the ‘Staff’) of The Nasdaq Stock Market LLC (‘Nasdaq’) that the Company no longer satisfied the $2.5 million stockholders’ equity requirement for continued listing on The Nasdaq Capital Market as set forth in Nasdaq Listing Rule 5550(b)(2) (the ‘Equity Rule’). The Company thereafter presented its plan to evidence compliance with the Equity Rule for the Staff’s review. Ultimately, however, by letter dated July 28, 2023, the Staff issued a delist determination based upon, among other things, the Company’s stockholders’ equity deficiency. The Company thereafter requested a hearing before the Nasdaq Hearings Panel (the ‘Panel’) to address the deficiencies and request a further extension to regain compliance with all criteria for continued listing on The Nasdaq Capital Market. On October 2, 2023, the Company completed a public offering of units for gross proceeds of $10.3 million. As a result of the offering, the Company had more than $2.5 million in stockholders’ equity and had therefore regained compliance with the Equity Rule. As a result, the Company’s hearing with the Panel was cancelled and Nasdaq subsequently confirmed the Company’s compliance with the Equity Rule. On March 5, 2024, the Staff notified the Company that it no longer satisfied the Equity Rule based upon stockholders’ equity of $1,526,611 as reported in the Form 10-K for the year ended December 31, 2023 and, as a result, the Company’s common stock was subject to delisting from Nasdaq unless the Company timely requests a hearing before the Panel. The Company plans to timely request a hearing before the Panel, which request will stay any further suspension or delisting action by Nasdaq at least pending the hearing and the expiration of any extension period that may be granted to the Company following the hearing. There can be no assurance however, that the Panel will grant the Company’s request for continued listing or that the Company will be able to evidence compliance with all applicable listing criteria prior to the expiration of any extension period that may be granted to the Company by the Panel. Duyuru • Mar 09
Ascent Solar Technologies, Inc. Provides Revenue Guidance for the Second Quarter, Third Quarter, Fourth Quarter and Full Year of 2024 and for the Full Year 2025 Ascent Solar Technologies, Inc. provided revenue guidance for the second quarter, third quarter, fourth quarter and full year of 2024 and for the full year 2025. The company's report outlines revenue projects for the remainder of 2024, including $1 million to $1.2 million in Q2; $3 million to $5 million in Q3; and $5 million to $7 million in fourth quarter, totaling $9 million to $13.2 million for the entire year.Further, the Company anticipates 2025 revenue reaching $50 million to $80 million. Duyuru • Feb 29
Ascent Solar Technologies, Inc.'s Solar Module Products to Fly Space Solar Modules on NASA’s Upcoming LISA-T Mission Ascent Solar Technologies, Inc. announced that the Company’s solar module products will fly on NASA’s upcoming Lightweight Integrated Solar Array and AnTenna (LISA-T) mission, scheduled for launch this summer. The mission, led by NASA’s Space Technology Mission Directorate and the agency’s Marshall Space Flight Center in Huntsville, will demonstrate the capability to deploy large-area arrays on lightweight, low-cost and small spacecraft. Leading up to this spacecraft demonstration, Ascent’s PV products were previously evaluated on the International Space Station. Modules tested on NASA’s MISSE-X experiment validated the resilience of the company’s CIGS material in the space environment, both bare and encapsulated. Additional Ascent modules with lower-cost and lighter-weight laminates are being evaluated on the upcoming MISSE payload slated to fly on SpaceX’s 30th Commercial Resupply Mission to the space station scheduled for March. Duyuru • Jan 23
Ascent Solar Technologies, Inc. Adds Major General Casey Blake as Strategic Advisor Ascent Solar Technologies, Inc. announced it has established a Strategic Advisory Board with the addition of its inaugural member, Major General Casey Blake, in the title of Strategic Advisor. General Blake joins Ascent after an expansive career with the United States Air Force. Most recently, General Blake served as the Deputy Assistant Secretary for Contracting in the Office of the Assistant Secretary of the Air Force for Acquisition, in Washington, D.C. He was tasked with managing all aspects of Air Force contracting relating to the acquisition of weapon systems, logistics, and operational support. General Blake led a highly skilled staff which oversaw training, organizing, and equipping a workforce of about 8,000 contracting professionals that executed programs worth more than $65 billion annually. In his new role as the first member of Ascent’s Strategic Advisory Board, General Blake will advise Company leadership on government contracting processes and strategies and will lead development of a marketing program that will enable Ascent to better engage with both the US Air Force and Space Force to assist in their space solar solutions needs. Duyuru • Dec 16
Ascent Solar Technologies Receives Non-Compliance Notice From Nasdaq On December 11, 2023, Ascent Solar Technologies, Inc. (the “Company”) received a written notice (the “Notice”) from the Listing Qualifications Department of The Nasdaq Stock Market (“Nasdaq”) indicating that the Company is not in compliance with the $1.00 Minimum Bid Price requirement set in Nasdaq Listing Rule 5550(a)(2) for continued listing on The Nasdaq Capital Market (the “Bid Price Requirement”). The Notice does not result in the immediate delisting of the Company’s common stock from The Nasdaq Capital Market. The Nasdaq Listing Rules require listed securities to maintain a minimum bid price of $1.00 per share and, based upon the closing bid price of the Company’s common stock for the 30 consecutive business days for the period October 27 through December 8, 2023, the Company no longer meets this requirement. The Notice indicated that the Company will be provided 180 calendar days (or June 10, 2024) in which to regain compliance. If at any time during this 180 calendar day period the bid price of the Company’s common stock closes at or above $1.00 per share for a minimum of ten consecutive business days, the Nasdaq staff (the “Staff”) will provide the Company with a written confirmation of compliance and the matter will be closed. Alternatively, if the Company fails to regain compliance with Rule 5550(a)(2) prior to the expiration of the initial 180 calendar day period, the Company may be eligible for an additional 180 calendar day compliance period, provided (i) it meets the continued listing requirement for market value of publicly held shares and all other applicable requirements for initial listing on The Nasdaq Capital Market (except for the Bid Price Requirement) and (ii) it provides written notice to Nasdaq of its intention to cure this deficiency during the second compliance period by effecting a reverse stock split, if necessary. In the event the Company does not regain compliance with Rule 5550(a)(2) prior to the expiration of the initial 180 calendar day period, and if it appears to the Staff that the Company will not be able to cure the deficiency, or if the Company is not otherwise eligible, the Staff will provide the Company with written notification that its securities are subject to delisting from The Nasdaq Capital Market. At that time, the Company may appeal the delisting determination to a Hearings Panel. The Company intends to monitor the closing bid price of its common stock and is considering its options to regain compliance with the Bid Price Requirement. The Company’s receipt of the Notice does not affect the Company’s reporting requirements with the Securities and Exchange Commission. Duyuru • Nov 03
Ascent Solar Technologies, Inc. to Release Newly Developed Solar Module - Titan Ascent Solar Technologies announced that it will soon release a newly developed solar module -- Titan -- that is optimized for use in a space environment, possessing a record power output of 17.55% efficiency. The product is expected to ship as early as First Quarter 2024. Titan will be the first standardized product specially designed for space with a specific power of 2100 W/kg, coupled with best-in-class resilience and flexibility feature. The Titan module is approximately one square foot in size, 10 grams in weight, and possesses a target output of 17 watts. Like all Ascent solar modules, Titan can be used alone or configured into an array, enabling an easy Plug & Fly(TM) approach for customers to meet mission specific power and electricity needs. Titan modules will be the standard building block for Ascent's line of Space Hardware Developer Kits (HDKs), the Company's integrated array product offerings that are available in body-mounted, foldable deployable, and rollable deployable configurations. Titan modules are approximately one-foot square sheets, representing a solution that is significantly larger than the typical rigid silicon solar PV cells which are the size of business cards. This drastic part count reduction allows integrated arrays to require less clean room labor and other resources during spacecraft assembly, integration, and test (AIT). Titan modules are also engineered for efficient program schedules with production of over 5MW of product a year out of Ascent's Thornton facility. Titan modules also scale efficiently beyond the Company's current capacity, with the ability to achieve similar production volumes via dedicated fabless production lines that can produce Titan-comprised solar arrays at the pace required by even the most ambitious megaconstellations. Duyuru • Oct 25
Ascent Solar Technologies, Inc., Annual General Meeting, Dec 05, 2023 Ascent Solar Technologies, Inc., Annual General Meeting, Dec 05, 2023, at 10:00 US Mountain Standard Time. Location: 12300 Grant Street Thornton Colorado United States Agenda: To elect two Class A directors, two Class B directors, and one Class C director; to ratify the selection of Haynie & Company as the independent registered public accounting firm; to vote on the 2023 Ascent Solar Technologies, Inc. Equity Incentive Plan; to conduct an advisory vote on the compensation of executive officers; to conduct a vote on the frequency of the vote on the compensation of executive officers; and to transact such other business as may properly come before the meeting or any adjournment or postponement of the meeting. Duyuru • Oct 05
Ascent Solar Technologies, Inc. Regains Compliance with the Minimum Bid Price Requirement As previously disclosed, on March 23, 2023, Ascent Solar Technologies, Inc. received a written notice from the Listing Qualifications Department of The Nasdaq Stock Market indicating that the Company was not in compliance with the $1.00 Minimum Bid Price requirement set in Nasdaq Listing Rule 5550(a)(2) for continued listing on Nasdaq (the Bid Price Requirement"). The notice indicated that the Company would be provided 180 calendar days in which to regain compliance with the Bid Price Requirement. On September 29, 2023, the Nasdaq staff notified the Company that the Company had regained compliance with the Minimum Bid Price Requirement based on the closing bid price of the Company's common stock having been at $1.00 per share or greater for ten consecutive business days. The Staff's notification indicated that this matter is now closed. The Company remains non-compliant with the minimum $2,500,000 stockholders' equity requirement for continued listing set in Listing Rule 5550(b) and the minimum 500,000 publicly held shares requirement under Listing Rule 5550(a)(4). These remaining matters will be addressed at the Company's upcoming Nasdaq Listing Panel hearing. Duyuru • Sep 16
Ascent Solar Technologies Receives a Written Notice from Nasdaq On September 13, 2023, Ascent Solar Technologies, Inc. received a written notice from Nasdaq indicating that the Company was not in compliance with Nasdaq Listing Rule 5550(a)(4) for continued listing, which rule requires Nasdaq listed companies to maintain at least 500,000 publicly held shares. As previously disclosed on July 28, 2023, the Company received notice that the Nasdaq staff had determined to delist the Company’s common stock from Nasdaq, unless the Company timely requested an appeal of the staff’s determination to a Hearings Panel (the “Panel”), pursuant to the procedures set forth in the Nasdaq Listing Rule 5800 Series. The Company has requested a hearing before the Panel, which hearing is expected to occur in mid-October. At such hearing, the Company will address all outstanding Nasdaq compliance matters. The Company is currently pursuing a registered public offering of its securities. If such offering is completed as planned, the Company believes that such offering will bring the Company into compliance with (i) the Publicly Held Shares Requirement, and also (ii) Nasdaq Rule 5550(b)(1), which requires companies listed on Nasdaq to maintain a minimum of $2,500,000 in stockholders’ equity. While the appeal process is pending, the suspension of trading of the Company’s common stock will be stayed and the common stock will continue to trade on Nasdaq through the hearing and the expiration of any additional extension period granted by the Panel following the hearing. There can be no assurances however, that a favorable decision will be obtained from the Panel. Duyuru • Sep 12
Ascent Solar Technologies Announces Reverse Stock Split to Regain Compliance Ascent Solar Technologies, Inc. (“Ascent Solar” or the “Company”) announced that effective before market open on September 12, 2023, it will complete a 1-for-200 reverse stock split of its common stock. On June 26, 2023, ASTI’s majority stockholders approved an amendment to the Company’s Amended and Restated Certificate of Incorporation to affect a reverse stock split with the exact ratio to be set by its Board of Directors. The Board resolved to set the reverse stock split at the ratio of 1-for-200. ASTI filed an amendment to its Certificate of Incorporation with the Secretary of State in Delaware effective September 11, 2023, at 5:00 p.m. Eastern Time. As a result, every two hundred issued shares of common stock will automatically be combined into one share of common stock. As explained in ASTI’s Information Statement filed July 28, 2023, the Company believes that affecting the reverse stock split will assist in its efforts to meet the Nasdaq continued listing standards and to continue to have its common stock remain listed and traded on Nasdaq. In particular, ASTI expects the reverse stock split to increase the per share price and bid price of its common stock above the $1.00 required by Nasdaq’s Minimum Bid Price Rule. Shares of the Company’s common stock will be assigned a new CUSIP number (043635705) and are expected to begin trading on a split-adjusted basis on Tuesday, September 12, 2023. Duyuru • Sep 06
Ascent Solar Technologies, Inc. Increases Cell Production Efficiency in Production Trials from 10.8% to 15.2% for its CIGS Solar Technology Ascent Solar Technologies, Inc. announced that it has achieved cell production efficiency of 15.2% in its CIGS solar technology, a significant increase from the 10.8% standard efficiency measured for production material in 2012. This increase is attributed to the targeted optimization of the existing Cadmium Sulfide (Cds) deposition and manufacturing processes behind the Company's CIGS technology. Parallel development efforts have been successful in the replacement of the Cds deposition in the production process. Cds is a known harsh material, which ASTI has strategically sought to shift away from, to limit hazardous production components and eliminate the need for specialty waste mitigation processes. The preliminary efficiency measurements of this next generation material (which utilizes Zinc Oxysulfide in lieu of Cds) indicate that yields are 5% to 8% higher than that of Cds, which would translate to a theoretical efficiency of 16% to 16.4%. With continued promising results such as these production trials, the Ascent team is redefining what is possible for thin-film CIGS technology efficiencies through consistent ongoing process optimization, guided by decades of manufacturing experience. These efficiency improvements reflect the confidence in Ascent's product portfolio, as well as the brand's strategic direction, growth opportunities, and leadership to execute upon its vision. Duyuru • Aug 01
Ascent Solar Technologies Receives Non-Compliance Notice from Nasdaq As previously disclosed, on March 23, 2023 the Ascent Solar Technologies, Inc. received a written notice (the “Notice”) from the Listing Qualifications Department of The Nasdaq Stock Market (“Nasdaq”) indicating that the Company was not in compliance with the $1.00 Minimum Bid Price requirement set forth in Nasdaq Listing Rule 5550(a)(2) for continued listing on The Nasdaq Capital Market (the “Bid Price Requirement”). In accordance with Nasdaq Listing Rule 5810(c)(3)(A), the Company was provided 180 calendar days to regain compliance with the Bid Price Requirement. On July 28, 2023, the Company received notice (the “Second Notice”) from the Staff that the Staff had determined that the Company’s securities had a closing bid price of $0.10 or less for ten consecutive trading days triggering application of Listing Rule 5810(c)(3)(A)(iii) which states in part: if during any compliance period specified in Rule 5810(c)(3)(A), a company’s security has a closing bid price of $0.10 or less for ten consecutive trading days, the Listing Qualifications Department shall issue a Staff Delisting Determination under Rule 5810 with respect to that security (the “Low Priced Stocks Rule”). As a result, the Staff determined to delist the Company’s Common Stock from Nasdaq, unless the Company timely requests an appeal of the Staff’s determination to a Hearings Panel (the “Panel”), pursuant to the procedures set forth in the Nasdaq Listing Rule 5800 Series. The Company intends to request a hearing before the Panel to appeal the Second Notice and to address all outstanding matters, including compliance with the Bid Price Requirement, the Low Priced Stocks Rule and Nasdaq Listing Rule 5550(b)(1) (which requires companies listed on Nasdaq Market to maintain a minimum of $2,500,000 in stockholders’ equity). While the appeal process is pending, the suspension of trading of the Company’s common stock, will be stayed and the Common Stock will continue to trade on The Nasdaq Capital Market until the hearing process concludes and the Panel issues a written decision. The Company has been informed that hearings are typically scheduled to occur approximately 30-45 days after the date of the hearing request. There are no assurances however, that a favorable decision will be obtained from the Panel. Duyuru • Jul 14
Ascent Solar Technologies, Inc. announced that it has received $0.9 million in funding On July 13, 2023, Ascent Solar Technologies, Inc. closed the transaction. The transaction included participation from 2 investors pursuant to exemption provided under Regulation D. Duyuru • Jul 01
Ascent Solar Technologies, Inc. announced that it has received $0.9 million in funding Ascent Solar Technologies, Inc. announced that it has entered into a securities purchase agreement with accredited investors for the private placement of 900 series 1B convertible preferred shares at an issue price of $1,000 per share for the gross proceeds of $900,000 on June 29, 2023. The shares of the Series 1B Preferred Stock will be convertible at the option of the holder into common stock at an initial conversion price of equal to $0.14 per share. The conversion price shall be equal to the lower of $0.14 and 90% of the lowest VWAP for the company’s common stock out of the 10 trading days commencing 5 trading days immediately prior to the reset date, provided that the conversion price may not be adjusted to less than $0.028 per share. All of the securities will be offered and sold in reliance upon exemptions from registration pursuant to Section 4(a)(2) under the Securities Act of 1933, as amended and Rule 506 of Regulation D promulgated thereunder. Duyuru • May 05
Ascent Solar Technologies, Inc. Announces Executive Changes Ascent Solar Technologies, announced that the Board of Directors has terminated Jeffrey Max, as Chief Executive Officer, effective April 26, 2023. The Company also announced that it has named its Chief Financial Officer, Paul Warley, as the Chief Executive Officer, effective immediately. Mr. Warley will remain in his current role as CFO on an interim basis until his replacement is appointed by the Company's Board. Thrilled that Paul has agreed to take on this leadership role at Ascent during such an important moment in the Companys journey, said David Peterson, Chairman of the Board at Ascent Solar Technologies. Paul brings tremendous financial and executive leadership experience serving middle market companies, that coupled with his depth of thin-film solar knowledge, will propel the Company to its next phases of growth and commercial adoption. Prior to joining Ascent as its Chief Financial Officer in December 2022, Mr. Warley spent nearly 40 years specializing in corporate turnarounds, restructurings, cross-border trade and capital advisory mandates at Bank of America, Bankers Trust, GE Capital, Deloitte Corporate Finance, and his consulting firm, Warley &Company. The firm provided executive management, capital and M&A advisory services to middle-market companies in the manufacturing, service, construction, technology, oil and gas, clean energy, food, retail and green-building sectors. Mr. Warley graduated from The Citadel with a BS in Business Administration with a concentration in accounting, and served in the U.S. Army, attaining the rank of Captain. Duyuru • May 04
Ascent Solar Technologies, Inc. Announces Termination of Jeffrey Max as President Ascent Solar Technologies, announced that the Board of Directors has terminated Jeffrey Max, ASTIs President, effective April 26, 2023. Duyuru • Aug 20
Ascent Solar Technologies, Inc. announced that it has received $5.000004 million in funding from Fleur Capital (S) Pte Ltd. On August 19, 2022, Ascent Solar Technologies, Inc. closed the transaction. Duyuru • Aug 09
Ascent Solar Technologies, Inc. announced that it expects to receive $4 million in funding Ascent Solar Technologies, Inc. announced that it has entered into a securities purchase agreement for a private placement of units for gross proceeds of $4,000,000 on August 8, 2022. Each unit consists of one common share and warrants exercisable for one and half common shares at a price of $5.3 per unit. Each warrant can be exercised at a price of $5.3 per common share and for five years. The units issued are not transferable. The transaction is expected to close on or before August 31, 2022. Duyuru • Apr 20
Ascent Solar Technologies, Inc Common Stock Deleted from Other OTC Ascent Solar Technologies, Inc.'s Common Stock has been deleted from other OTC effective from April 19, 2022 due to Market Center Change Listed on NASDAQ. Duyuru • May 18
Ascent Solar Technologies, Inc. announced delayed 10-Q filing On 05/17/2021, Ascent Solar Technologies, Inc. announced that they will be unable to file their next 10-Q by the deadline required by the SEC. Duyuru • Mar 11
Ascent Solar Technologies, Inc. announced that it has received $3 million in funding from Bay Bridge Capital Management LLC On March 9, 2021, Ascent Solar Technologies, Inc. (OTCPK:ASTI) closed the transaction. Duyuru • Mar 03
NASA’s Marshall Space Flight Center Selects Ascent Solar Technologies CIGS Modules for Their LISA-T and Solar Cruiser Flight Experiments Ascent Solar Technologies, Inc. announced that the company has been selected by NASA's Marshall Space Flight Center in Huntsville, Alabama, for participation in two upcoming flight demonstrations – the Lightweight Integrated Solar Array and anTenna (LISA-T) project and the Solar Cruiser solar sail project. Ascent’s flexible, ultra-lightweight, monolithically-integrated photovoltaics (PV) are based on the copper-indium-gallium-selenium (CIGS) chemistry and could benefit various future missions, ranging from CubeSats, solar sails, and potentially for missions to the moon and Mars. In order to obtain the necessary data to determine how flexible CIGS performs in the space environment, Ascent’s PV module has been undergoing extensive evaluation for years, including protracted and demanding ground simulation test and, most recently, as a part of the 10th Materials International Space Station Experiment (MISSE-X) flight experiment aboard the International Space Station that was launched on November 17, 2018 for a duration of over 1 year. The upcoming LISA-T demonstration, part of NASA’s Pathfinder Technology Demonstrator 4 CubeSat slated for launch in 2022, will also include Ascent’s flexible CIGS as part of its further photovoltaic experiment. LISA-T is a fully thin-film, high-performing power generation and communications array for small spacecraft to solve the power limitation of today’s small satellites, which are becoming an attractive option for scientific, exploratory, and commercial interests. Utilizing an ultra-lightweight, easily stowable flexible array with integrated antenna elements, LISA-T will demonstrate a new approach using flexible PV that would solve the delicate weight and power issues. In addition, LISA-T would expedite the maturation of flexible PV technology that is much needed for space applications, and also provides a virtually identical PV array (minus the antenna) for the Solar Cruiser solar sail project. The Solar Cruiser mission will fly a small spacecraft with a large (>1,600 square meter) solar sail. Solar Cruiser will demonstrate the deployment of a large, high-performance solar sail, validation of all sail subsystems, controlled station-keeping, attitude control of the sail, demonstration of pointing performance for science imaging, and an increase in heliocentric inclination. Thus, power generation for both near-earth and deep space missions are being demonstrated by these two NASA efforts. Duyuru • Oct 01
Ascent Solar Technologies, Inc. announced that it expects to receive $5 million in funding Ascent Solar Technologies, Inc. (OTCPK:ASTI) announced that it has entered into a securities purchase agreement for a private placement of 5,000 series 1A convertible preferred stock at a price of $1,000 per preferred stock for gross proceeds of up to $5,000,000 on September 22, 2020. The transaction will include participation from Crowdex Investments, LLC. The preferred stock will be convertible at the option of the holder into common stock at a fixed conversion price equal to $0.0001. There is no redemption for the series 1A preferred stock. The company will issue securities pursuant to exemption provided under Regulation D.
On the same date, the company issued 2,000 preferred stock for gross proceeds of $2,000,000 in its first tranche. The company will issue 3,000 shares shares for gross proceeds of $3,000,000 in its second tranche on November 20, 2020.