Ascent Solar Technologies (NASDAQ:ASTI) (NASDAQ:ASTI) is a developer and manufacturer of flexible, lightweight thin-film photovoltaic solar modules based on copper indium gallium selenide (CIGS) technology. The company’s proprietary manufacturing process produces solar films that can be integrated into a variety of substrates, from fabrics and plastics to rigid surfaces, enabling applications across consumer electronics, defense, aerospace and specialty power markets. Ascent Solar’s modules offer low-profile, ruggedized power solutions that combine high performance with mechanical flexibility, making them suitable for unmanned aerial vehicles (UAVs), portable chargers, and building-integrated photovoltaics.
Founded in 2005 and headquartered in Thornton, Colorado, Ascent Solar Technologies has built a track record of research and development in thin-film photovoltaics. Early in its history, the company established its “Roll-to-Roll” deposition platform, allowing continuous production of flexible solar films. Ascent Solar has pursued numerous technology partnerships and licensing agreements to expand its application footprint, including collaborations in the electronics and automotive sectors. The company has also invested in advanced encapsulation techniques to enhance durability and lifetime performance in challenging environments.
Ascent Solar serves a global customer base through direct sales and distribution partnerships in North America, Europe and Asia. Its manufacturing facilities in Colorado are complemented by strategic relationships with contract manufacturers and integration partners abroad, facilitating rapid deployment of custom solar solutions. The company’s modules have been deployed in defense training systems, remote monitoring stations, wearable power garments and roadside advertising displays, demonstrating the versatility of its flexible photovoltaic products.
Leadership at Ascent Solar Technologies is spearheaded by President and Chief Executive Officer Paul A. Tice, who brings extensive experience in renewable energy and product commercialization. Under his guidance, the company continues to refine its thin-film processes and expand its market reach. Supported by a team of engineers and solar industry veterans, Ascent Solar remains focused on advancing its CIGS technology, reducing production costs, and scaling applications for next-generation portable and integrated solar power solutions.
