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Ascent Solar Expands into Defense Sector with New Agreement

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Ascent Solar Expands into Defense Sector with New Agreement

Confident Investing Starts Here:

Ascent Solar Technologies ( (ASTI) ) just unveiled an update.

On June 26, 2025, Ascent Solar Technologies announced a Collaborative Agreement Notice with NASA’s Marshall Space Flight Center and support from NASA Glenn Research Center to advance thin-film photovoltaic power beaming capabilities using CIGS PV modules. This collaboration aims to mature commercial products for distributed space power infrastructure, potentially reducing the cost, complexity, and risk of NASA missions. On June 27, 2025, Ascent entered a Teaming Agreement to supply a US-based defense solutions provider with its solar technology for orbital applications and future missions, indicating a strategic expansion in the defense sector.

Spark’s Take on ASTI Stock

According to Spark, TipRanks’ AI Analyst, ASTI is a Neutral.

Ascent Solar Technologies’ overall stock score is primarily impacted by its weak financial performance, characterized by persistent losses and negative cash flows. While technical indicators show some positive short-term momentum, the overbought RSI suggests caution. The valuation is unattractive due to a negative P/E ratio, and the lack of dividend yield further detracts from the stock’s appeal.

To see Spark’s full report on ASTI stock, click here.

More about Ascent Solar Technologies

Ascent Solar Technologies, Inc. is a leading provider of innovative, high-performance, flexible thin-film solar panels designed for environments where mass, performance, reliability, and resilience are crucial. Their photovoltaic modules have been utilized in space missions, airborne vehicles, agrivoltaic installations, industrial/commercial construction, and various consumer goods, showcasing the versatility of solar power. The company is based in Thornton, Colorado, with a research and development center and a 5-MW production facility.

Average Trading Volume: 1,859,981

Technical Sentiment Signal: Sell

Current Market Cap: $2.11M

Find detailed analytics on ASTI stock on TipRanks’ Stock Analysis page.

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