Ascent Solar Technologies
Thornton, Colorado, United States · Energy, Financial Services, Information Technology
Ascent Solar Technologies, Inc. is a U.S. innovator with 40 years of R&D and 15 years of manufacturing experience, providing innovative, high-performance, flexible thin-film solar panels for use in space missions, multiple airborne vehicles, agrivoltaic installations, industrial/commercial construction, and an extensive range of consumer goods.
Key facts
- Headquarters
- Thornton, Colorado, United States
- Employees
- 81
- Industries
- Energy, Financial Services, Information Technology
- Status
- Public (ASTI)
- Website
- ascentsolar
- Company page
Recent activity at Ascent Solar Technologies
- : SEC 8-K (8.01):
- : SEC 8-K (5.02): On June 17, 2026, during the Company's 2026 Annual Meeting of Stockholders, significant changes were made regarding the Company's executive leadership and governance. The stockholders approved an amendment to the 2023 Equity Incentive Plan, increasing the shares of common stock available from 893,611 to 1,700,000, which enhances the company's ability to motivate and retain its executives. The meeting also resulted in the election of two new Class A directors, Louis Berezovsky and Forrest Reynolds, each to serve a three-year term ending in 2029. Additionally, the shareholders ratified the appointment of the accounting firm Haynie & Company as the independent auditor, reflecting confidence in the firm's financial oversight. These approvals and elections are strategic steps to strengthen the company's governance and operational performance.
- : Ascent Solar Technologies
- : SEC 8-K (1.01): On January 23, 2026, Ascent Solar Technologies, Inc. entered into a securities purchase agreement with certain institutional and accredited investors for a private placement involving the issuance and sale of 454,546 shares of common stock, along with various warrants. The securities include pre-funded warrants for 1,363,636 shares and Series A and B warrants to purchase up to 1,818,182 and 909,091 shares respectively, all at an exercise price of $5.50 per share. The purchase price for the shares and accompanying warrants was set at $5.50, while the pre-funded warrants were priced at $5.4999. A registration rights agreement was also established, ensuring the investors' rights regarding the registration of their securities for resale. This agreement reflects a strategic move to raise capital to support the company's initiatives.
- : SEC 8-K (5.02):
- : SEC 8-K (1.01): On December 5, 2025, Ascent Solar Technologies, Inc. entered into a securities purchase agreement with institutional and accredited investors for a private placement of 769,232 shares of common stock and various warrants. The purchase price was set at $1.95 per share, and the accompanying pre-funded and series warrants were also detailed, with specific exercise prices and terms. Notably, holders of these warrants are limited in their ownership to prevent exceeding 4.99% or 9.99% of the company’s shares, and they have rights in the event of fundamental transactions. This agreement allows for significant capital raise and strategic partnerships which could impact the company's financial standing and future operations.
- : SEC 8-K (1.01): On December 5, 2025, Ascent Solar Technologies, Inc. entered into a material definitive agreement through a securities purchase agreement with institutional and accredited investors. The agreement involves a private placement that includes the issuance of 769,232 shares of the Company’s common stock, pre-funded warrants to purchase 256,411 additional shares, and Series A and B warrants to purchase up to 1,025,643 shares at specified exercise prices. This transaction indicates a strategic move to raise capital for the Company, enhancing its financial flexibility and growth potential. Key financial terms include the exercise prices set at $0.0001 for the pre-funded warrants and $1.70 for the Series A Warrants, which highlights an attractive investment opportunity for the investors involved.
- : Ascent Solar Partners with NASA to Advance Solar Technology for Space Missions
- : Ascent Solar Technologies Announces Partnership with NASA to Develop Beamed Power Technology
- : Ascent Solar Technologies receives order for space PV module design revision
Ascent Solar Technologies funding history
| Date | Round | Amount |
|---|---|---|
| Jan 2026 | Venture | $10.0M |
| Nov 2024 | Seed | $1.9M |
| Jul 2023 | Seed | $900K |
| Apr 2023 | Debt Financing | Undisclosed |
| Apr 2023 | Venture | $9.0M |
Leadership
- Jeffrey Max, President & CEO
- Jeramie Skogg, Director, People & Culture
- G. MARSH, Director
- KIM HUNTLEY, Director
- BIAO XU, Director
- AMIT KUMAR, Director
- VICTOR LEE, Executive Officer, Director
- G. MARSH, Director
- KIM HUNTLEY, Director
- BIAO XU, Director
- AMIT KUMAR, Director
- VICTOR LEE, Executive Officer, Director
Verified email and direct lines for Ascent Solar Technologies’s decision-makers are on Fundz. See plans — or book a 15-minute walkthrough.
Employee benefit plans
Ascent Solar Technologies files 2 employee benefit plans with the U.S. Department of Labor, including a retirement plan. The next plan year renews in Dec 2026.
Ascent Solar Technologies in the news
- Ascent Solar Technologies Broadens Thin-Film Space PV - GlobeNewswire (Aug 18, 2026)
- Ascent Solar Technologies, Inc. Reflects on H1 2026 - GlobeNewswire (Jul 14, 2026)
- Ascent Solar Technologies’ PV Blankets to Power NOVI AI Pathfinder Spacecraft Scheduled for Launch This Spring - GlobeNewswire (Feb 25, 2026)
- Ascent Solar Technologies Enters Collaborative Agreement - GlobeNewswire (Jun 26, 2025)
- Ascent Solar Technologies, Inc. Announces Closing of $2.0 Million Public Offering - GlobeNewswire (Jun 30, 2025)
- Ascent Solar Technologies (N A S D A Q: ASTI): Positioned at the Intersection of the New Space Economy, Defense Innovation and Next-Generation Energy - PRLog (Jun 29, 2026)
- ASTI Ignites the Space Economy: Powering SpaceX's NOVI AI Pathfinder with Breakthrough Solar Technology: Ascent Solar Technologies (N A S D A Q: ASTI) - PRLog (Feb 25, 2026)
- Expanding Beyond Space as New Drone Market Opportunities Accelerate Growth: Ascent Solar Technologies (N A S D A Q: ASTI) - PRLog (Aug 05, 2026)
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About Ascent Solar Technologies: questions and answers
What does Ascent Solar Technologies do?
Ascent Solar Technologies, Inc. is a U.S. innovator with 40 years of R&D and 15 years of manufacturing experience, providing innovative, high-performance, flexible thin-film solar panels for use in space missions, multiple airborne vehicles, agrivoltaic installations, industrial/commercial construction, and an extensive range of consumer goods.
Where is Ascent Solar Technologies headquartered?
Ascent Solar Technologies is headquartered in Thornton, Colorado, United States.
How many employees does Ascent Solar Technologies have?
Ascent Solar Technologies has about 81 employees.
Has Ascent Solar Technologies raised funding?
Yes. Fundz has recorded 5 funding events for Ascent Solar Technologies. The most recent, $10.0M, was in Jan 2026.
Who leads Ascent Solar Technologies?
Jeffrey Max is a President & CEO at Ascent Solar Technologies.
What is the latest news on Ascent Solar Technologies?
On Jun 26, 2026, SEC 8-K (8.01):
Is Ascent Solar Technologies a public company?
Yes. Ascent Solar Technologies is publicly traded under the ticker ASTI.
Source: Fundz records from SEC filings, press releases and company announcements. How Fundz measures data accuracy