Ascent Solar publishes update on progress to establish long-term revenue

Ascent Solar (ASTI) Technologies reported on its commercial progress and achievement of stated annual goals as the Company continues to execute upon its 2025 growth initiatives. Ascent is currently engaged with multiple strategic partners in the space market, including a major defense contractor, multiple deployable technology companies, as well as a satellite company to complete extensive integration testing of the Company’s unique thin-film CIGS solar technology. The expected result of successful testing and integration of Ascent’s technology is to secure long-term agreements for consistent annual revenue with a diverse set of customers in the space market.