Ascent Solar Technologies, Inc. Common Stock
ASTIAscent Solar Technologies, Inc. is a developer of lightweight, flexible thin-film photovoltaic modules. The company focuses on integrating its solar products into various applications, including portable power, building-integrated photovoltaics, and military and aerospace solutions. Founded in 2005 and based in Colorado, Ascent Solar aims to provide innovative renewable energy solutions through its CIGS (Copper Indium Gallium Selenide) thin-film technology.
Company News
Ascent Solar Technologies closed a private placement offering of 1,025,643 shares and warrants, raising approximately $2 million upfront with potential additional proceeds of $3.5 million from warrant exercises.
Ascent Solar Technologies completed a public offering of 1,000,000 shares and warrants, raising $2.0 million to fund working capital, product development, and corporate expenses.
Ascent Solar Technologies announced a public offering of 1,000,000 shares and accompanying warrants priced at $2.00 per share, expecting to raise $2.0 million for working capital, product development, and general corporate purposes.
The thin film material market is projected to reach USD 19.04 billion by 2032, driven by the rising demand for lightweight, energy-efficient materials in applications such as solar energy, electronics, and semiconductors. The market is expected to grow at a CAGR of 4.30% from 2024 to 2032.
The next-generation solar cell market is projected to grow from $3.0 billion in 2023 to $7.4 billion by 2028, driven by technological advancements, government initiatives, and increasing demand in the residential and commercial sectors.
