Ascent Solar Establishes Rapid Space Solar Delivery, Projects Strong Aerospace Sales Growth

Ascent Solar Technologies (ASTI), a leading U.S. manufacturer of flexible thin-film photovoltaic (PV) solar modules, is rapidly advancing in the aerospace and space industries with innovative, lightweight, and durable solar power solutions. The company has developed mission-optimized solar array blankets that can be delivered in under three weeks, leveraging proprietary CIGS technology to produce high power-to-weight ratio solar panels ideal for space applications. ASTI projects significant revenue growth, estimating sales of $5-20 million in 2026 and $25-40 million in 2027, driven by strategic partnerships with NASA, NOVI, and other defense and space organizations. Since its 2023 restructuring, ASTI has improved operational efficiency, reducing order fulfillment times to just days and enhancing technology performance to meet growing market demand. The company emphasizes its ability to accelerate hardware development cycles and reduce launch costs for spacecraft, positioning itself as a key player in expanding access to space power. ASTI's flexible, featherweight solar panels offer unmatched durability and reliability in challenging environments, supporting expanding markets including space, UAV/defense, and agrivoltaic sectors.