Ascent Solar Technologies Inc. ASTI
- Market cap
- $28.2M
- P/E
- 0.0×
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Target Price Range
Analyst price targets
Free account| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1,990,000.00 | 300,000.00 | 100,000.00 | 5,000.00 | 4,000.00 | 200,000.00 | 28,800.00 | 73.00 | 2.25 | 1.10 |
Analyst estimates 2026–2028 Powerpack |
Low Price
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| 589,000,000.00 | 7,800,000.00 | 70,000,000.00 | 1,850,000.00 | 1,100,000.00 | 9,700,000.00 | 750,000.00 | 32,500.00 | 91.00 | 7.40 |
High Price
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| 86 | 71 | 22 | 21 | 29 | 54 | 62 | 18 | 20 | 18 |
Employees
|
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| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Revenue/Emp
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| 2 | 1 | 1 | 1 | 0 | 1 | 1 | 0 | 0 | 0 |
Revenue
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| (234.43%) | (338.31%) | (17.79%) | 23.12% | (162.16%) | (213.00%) | (64.50%) | (312.92%) | (254.18%) | (155.73%) |
Gross Margin
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| (39) | (19) | (16) | (5) | 2 | (6) | (20) | (17) | (9) | (8) |
EBT
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| (2,223.35%) | (2,890.08%) | (1,859.52%) | (762.58%) | 2,428.53% | (987.17%) | (1,613.29%) | (3,724.57%) | (21,784.25%) | (10,197.79%) |
EBT Margin
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| (39) | (19) | (16) | (5) | 2 | (6) | (20) | (17) | (9) | (8) |
Net Income
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| 10 | 6 | 6 | 5 | 2 | 2 | 3 | 3 | 1 | 1 |
Depreciation
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| 0.02 | 0.11 | 0.04 | 0.00 | 666.00 | 3,039.00 | 815.20 | 45.83 | 0.05 | 0.03 |
Revenue/Sh
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| (0.42) | (3.15) | (0.69) | 0.00 | 38,612.00 | (30,800.00) | (13,200.00) | (3,419.00) | (10.38) | (3.09) |
Earnings/Sh
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| (0.18) | (2.14) | (0.17) | 0.00 | (28,849.00) | (47,022.00) | (7,004.40) | (953.69) | (9.54) | (2.70) |
Cash Flow/Sh
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| 0.00 | 0.01 | 0.00 | 0.00 | 2,544.00 | (1,401.50) | (121.33) | (387.74) | 0.00 | (0.01) |
Capex/Sh
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| (0.18) | (2.13) | (0.17) | 0.00 | (26,305.00) | (48,423.50) | (7,125.73) | (1,341.43) | (9.54) | (2.71) |
Free CF/Sh
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| (0.13) | (2.11) | (0.98) | (0.02) | (201,922.00) | (14,168.00) | 3,057.00 | (152.66) | 3.83 | 1.31 |
Book Value/Sh
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| 93 | 6 | 23 | 1,538 | 0 | 0 | 0 | 0 | 1 | 3 |
Shares
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| 0.00 | 0.00 | 0.00 | 0.00 | 34.87 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
PE Ratio
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| 175,651,862.87 | 8,244,627.84 | 39,742,393.32 | 24,082,129.99 | 1,199.40 | 82.26 | 34.59 | 1.86 | 68.91 | 136.96 |
PS Ratio
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| 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 9.22 | 0.00 | 0.85 | 3.15 |
PB Ratio
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| 175,651,865.96 | 8,244,636.21 | 39,742,399.54 | 24,082,147.06 | 1,491.03 | 96.27 | 30.31 | 20.70 | 224.34 | 226.88 |
EV/Sales
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| (18,039,056.39) | (423,001.15) | (8,516,087.40) | (8,144,738.01) | (37.81) | (6.05) | (3.47) | (0.71) | (1.11) | (2.50) |
EV/FCF
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| (17) | (13) | (4) | (3) | (3) | (9) | (11) | (10) | (8) | (7) |
Op' Cash Flow
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| 0 | 0 | 0 | 1 | 0 | 0 | 0 | (4) | 0 | 0 |
Capex
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| (17) | (13) | (4) | (2) | (3) | (10) | (11) | (13) | (8) | (7) |
FCF
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| (14) | (13) | (23) | (30) | (8) | 4 | 7 | (4) | 1 | 1 |
Working Cap'
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| 6 | 5 | 5 | 6 | 14 | 9 | 6 | — | — | — |
Total Debt
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| 5 | 5 | 5 | 6 | 14 | 3 | (5) | (1) | (3) | (3) |
Net Debt
|
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| (12) | (12) | (23) | (25) | (20) | (3) | 5 | (2) | 3 | 3 |
Sh' Equity
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| (255.89%) | (191.38%) | (227.89%) | (81.64%) | 24.87% | (59.35%) | (108.30%) | (280.68%) | (136.31%) | (117.21%) |
ROA
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| 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | (3,084.71%) | 0.00% | 0.00% | (2,550.52%) | (892.71%) |
ROIC
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| 680.85% | 127.15% | 84.76% | 20.39% | (7.14%) | 52.12% | (1,948.73%) | (2,291.71%) | (988.90%) | (235.16%) |
ROE
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Ascent Solar Technologies Inc. peers in Solar
| Company | Market cap | P/E | Compare |
|---|---|---|---|
| BEEM Beam Global | $28.3M | 0.0× | Compare |
| SPIEQ SPI Energy Co., Ltd. | $24.2M | 0.0× | Compare |
| ZEO Zeo Energy Corp. | $23.6M | 0.0× | Compare |
| SPRU Spruce Power Holding Corporation | $38.1M | 0.0× | Compare |
| Company | Market cap | P/E | Compare |
|---|---|---|---|
| PN PN Smart Energy Limited | $41.3M | — | Compare |
| FTCI FTC Solar, Inc. | $45.6M | 0.0× | Compare |
| SUNE SUNation Energy Inc. | $16.6M | 0.0× | Compare |
| MAXNQ Maxeon Solar Technologies, Ltd. | $12.9M | 0.0× | Compare |
Ascent Solar Technologies Inc. (ASTI) key facts
- Ascent Solar Technologies Inc. (ASTI) is a Solar company in the Technology sector, listed on Nasdaq.
- Ascent Solar Technologies Inc.’s revenue for fiscal 2025 (year ended December 2025) was $76,800.00, up 83.3% from fiscal 2024.
- As of September 25, 2026, ASTI traded at $2.92, a market capitalization of $28.2 million.
- Return on equity was −235.2% and debt-to-equity 0.00.
Ascent Solar Technologies Inc. (ASTI) Latest News
9 Sep
Ascent Solar Technologies Inc. appointed new leaders to strengthen commercial and defense industry expertise. Leadership additions targeting commercial and defense sectors can moderately affect operations and positioning.
18 Aug
Ascent Solar Technologies broadens its thin-film space PV testing program to expand on NASA results amid growing demand for multi-orbit solar solutions. Testing expansion builds on NASA work and targets rising space demand but remains pre-revenue without confirmed contracts.
5 Aug
Ascent Solar Technologies expands production to address rising drone market demand while keeping primary focus on space industry applications. Drone market entry adds revenue potential but remains secondary to established space sector positioning.
29 Jun
Ascent Solar Technologies Inc. thin-film space solar products recorded zero damage during atomic oxygen exposure tests, confirming durability for space applications. Zero-damage test outcome strengthens product validation and may support future aerospace contracts without guaranteeing immediate revenue shifts.
25 Feb
Ascent Solar Technologies' photovoltaic blankets will power NOVI AI's geo-intelligence spacecraft N1-ATLAS, scheduled for launch this spring. Real-world deployment of ASTI's space-grade PV tech on an imminent spacecraft launch boosts validation, revenue potential, and investor sentiment.
Ascent Solar Technologies’ photovoltaic blankets will power NOVI AI’s Pathfinder spacecraft, scheduled for launch this spring. ASTI's technology powering an imminent AI spacecraft launch provides major validation in the space sector, likely boosting investor sentiment and market performance.
5 Feb
Ascent Solar Technologies Inc. has developed advanced CIGS photovoltaic modules that can generate significantly more power for space beaming applications. This innovation aims to enhance the efficiency and effectiveness of solar energy utilization in space, potentially transforming energy transmission methods in that sector. The development of high-efficiency CIGS PV modules for space beaming represents a major strategic advancement that could significantly impact the company's future and market positioning.
27 Jan
Ascent Solar Technologies Inc. has successfully closed a private placement of up to $25 million, priced at-the-market under Nasdaq rules. This funding is expected to support the company's operations and growth initiatives. The private placement provides necessary capital that may enhance financial performance and operational capabilities.
Ascent Solar Technologies Inc. has priced a private placement of 1.8 million shares at $5.50 each, aiming to raise approximately $9.9 million. The company intends to use the proceeds for general corporate purposes, including working capital and potential growth initiatives. The private placement may provide necessary capital for operational and growth needs, influencing financial performance moderately.
26 Jan
Ascent Solar Technologies Inc. (ASTI) has announced a private placement of up to $25 million, priced at-the-market under Nasdaq rules. The funding aims to support the company's operations and growth initiatives. This move is expected to enhance liquidity and provide financial flexibility for future projects. The private placement is likely to improve financial performance and operational capacity, but its overall impact may be limited.
22 Jan
Ascent Solar Technologies Inc. reflects on its achievements and milestones from 2025, highlighting advancements in solar technology and market positioning. The company outlines its strategic goals for 2026, focusing on innovation, expanding market reach, and enhancing product offerings to strengthen its competitive edge in the renewable energy sector. The outlined strategy and goals for 2026 indicate significant potential for impacting the company's future performance and market positioning.
8 Dec
Ascent Solar Technologies Inc. has successfully closed a private placement of up to $5.5 million, priced at-the-market under Nasdaq rules. This funding is expected to support the company's operations and growth initiatives, enhancing its financial position. The private placement provides necessary funding that may positively influence the company's financial performance and operational capabilities.
Ascent Solar Technologies Inc. (ASTI) has announced a private placement of up to $5.5 million, priced at-the-market under Nasdaq rules. This funding initiative aims to bolster the company's financial position and support its ongoing operations and growth strategies. The private placement may provide necessary capital for operations but is not expected to significantly alter the company's overall trajectory.
3 Dec
Ascent Solar Technologies Inc. has supplied thin-film photovoltaic (PV) modules to a leading space company for testing spacecraft power generation in cislunar space. This collaboration aims to evaluate the performance of these solar modules in the unique environment beyond Earth's orbit, potentially enhancing power generation capabilities for future space missions. The partnership with a leading space company for testing in cislunar space could significantly enhance Ascent Solar's market position and future opportunities in the aerospace sector.
12 Nov
Ascent Solar Technologies Inc. has entered into a teaming agreement with NovaSpark Energy to develop lightweight and reliable power solutions aimed at drone powering and other terrestrial defense applications. This collaboration is expected to leverage Ascent's solar technology to enhance energy efficiency and performance in defense-related sectors. The partnership with NovaSpark Energy is likely to significantly impact Ascent Solar's market positioning and product offerings in the defense sector.
6 Nov
Ascent Solar Technologies Inc. has entered a teaming agreement with CisLunar Industries to develop power solutions aimed at extending mission durations in the U.S. space market. This collaboration is expected to leverage Ascent's solar technology to enhance energy efficiency for space applications, potentially improving the viability of long-term missions. The partnership with CisLunar Industries could significantly enhance Ascent's market position and product offerings in the growing space sector.
14 Oct
Ascent Solar Technologies Inc. has successfully delivered thin-film photovoltaic (PV) technology designed for durability in saltwater environments and for testing in space-based power beaming applications. This advancement highlights the company's commitment to developing innovative solar solutions suitable for extreme conditions, potentially expanding its market reach and applications in renewable energy. The delivery of specialized PV technology for harsh environments and space applications is likely to significantly enhance Ascent Solar's competitive positioning and market opportunities.
17 Sep
Ascent Solar Technologies Inc. has partnered with Defiant Space to enhance its contributions to national security. This collaboration aims to leverage Ascent's advanced solar technology in space applications, potentially improving energy solutions for defense and security operations. The partnership aligns with growing demand for innovative energy solutions in the national security sector. The partnership with Defiant Space is a significant strategic move that could enhance Ascent's market position and investor sentiment in the national security domain.
Ascent Solar Technologies Inc. (ASTI) has formed a strategic partnership with Defiant Space to explore opportunities in the global defense and space markets. This collaboration aims to leverage both companies' strengths in advanced solar technology and space applications, potentially enhancing their market presence and product offerings in these sectors. The partnership is expected to significantly impact ASTI's future by opening new market opportunities and enhancing its competitive positioning in the defense and space sectors.
16 Sep
Ascent Solar Technologies Inc. has entered into a teaming agreement with Emtel Energy USA to enhance its thin-film photovoltaic (PV) energy storage capabilities. This collaboration aims to leverage both companies' technologies to advance the development of innovative energy solutions, potentially expanding market opportunities for Ascent Solar. The partnership with Emtel Energy USA is expected to significantly enhance Ascent Solar's product offerings and competitive positioning in the energy storage market.
28 Aug
Ascent Solar Technologies Inc. has signed a Memorandum of Understanding (MOU) with Star Catcher Industries to enhance the power capabilities of its thin-film solar technology for use in space applications. This collaboration aims to leverage both companies' expertise to develop advanced solar solutions that can operate efficiently in the challenging conditions of outer space, potentially expanding the market for Ascent's solar technology. The partnership with Star Catcher Industries is likely to significantly enhance Ascent's technological capabilities and market positioning in the space sector.
7 Aug
Ascent Solar Technologies Inc. has developed a rapid delivery process for customized thin-film photovoltaic (PV) solar products, enabling timely support for space missions. This advancement allows the company to meet mission timelines ahead of schedule, enhancing its capabilities in the space solar market. The establishment of a rapid delivery process for space solar products is a significant strategic move that could enhance market positioning and investor sentiment.
6 Aug
Ascent Solar Technologies Inc. (ASTI) provided a corporate update highlighting its customer pipeline and sales progress within the space and aerospace sectors. The company reported advancements in partnerships and projects, indicating a growing interest in its solar technology solutions for these industries. ASTI aims to leverage its innovative products to meet the increasing demand for efficient energy solutions in space applications. Significant advancements in customer partnerships and sales progress in the aerospace sector could notably enhance the company's market position and investor sentiment.
16 Jul
Ascent Solar Technologies has signed an agreement to supply its thin-film photovoltaic technology to a Colorado-based power systems provider for evaluation and potential integration into their solar array products. The units will be delivered by the end of July 2025, showcasing Ascent's quick order fulfillment capabilities. CEO Paul Warley emphasized the benefits of collaborating with a local provider to enhance supply chain efficiency, particularly for customers in the Department of Defense and space industries. Ascent's CIGS PV products, developed for space applications, are produced in Thornton, CO, with delivery times significantly shorter than competitors. The company has received multiple orders for solar hardware set for summer completion. The agreement with a space solar array provider could significantly enhance Ascent's market position and revenue potential in the growing space defense sector.
8 Jul
Ascent Solar Technologies, Inc. reported significant achievements in H1 2025, including a collaborative agreement with NASA to enhance thin-film PV power beaming capabilities, a $2 million public offering, and a record efficiency of 15.7% for its CIGS solar technology. The company aims to secure additional supply agreements, develop plug-and-fly solutions, and advance encapsulation strategies for various orbital environments. Ascent's leadership anticipates continued growth and engagement within the solar and space sectors. The collaborative agreement with NASA and advancements in technology are likely to significantly impact future growth and market positioning.
30 Jun
Ascent Solar Technologies, Inc. has closed a public offering of 1,000,000 shares of common stock and warrants to purchase an additional 1,000,000 shares at a price of $2.00 per share, raising $2.0 million in gross proceeds. The company plans to use the net proceeds for working capital, product development, and general corporate purposes. H.C. Wainwright & Co. served as the exclusive placement agent for the offering, which was conducted under a registration statement declared effective by the SEC on June 27, 2025. The capital raised may support product development and operational needs, influencing financial performance moderately.
28 Jun
Ascent Solar Technologies Inc. (ASTI) has entered a Teaming Agreement to provide its thin-film solar technology to a US-based defense solutions provider for orbital applications and future missions. CEO Paul Warley highlighted the technology's reliability and advantages, including lightweight and flexible design, which address challenges in deploying solar solutions in space. The agreement with a defense solutions provider is a significant strategic move that could enhance Ascent's market position and investor sentiment.
27 Jun
Ascent Solar Technologies Inc. has entered into a teaming agreement to provide thin-film solar technology to a US-based defense solutions provider for orbital applications. This collaboration aims to enhance the capabilities of solar technology in defense-related projects, potentially expanding Ascent's market reach and application of its products. The agreement represents a significant strategic move that could enhance Ascent's position in the defense sector and impact its future performance.
Ascent Solar Technologies, Inc. announced a public offering of 1,000,000 shares of common stock and warrants to purchase an additional 1,000,000 shares at a price of $2.00 per share. The offering is expected to generate gross proceeds of $2.0 million, which will be used for working capital, product development, and general corporate purposes. The closing is anticipated on or about June 30, 2025, pending customary closing conditions. H.C. Wainwright & Co. is the exclusive placement agent for the offering. The offering may provide necessary capital for product development and operational expenses, influencing financial performance moderately.
26 Jun
Ascent Solar Technologies, Inc. has entered a Collaborative Agreement Notice with NASA to enhance thin-film photovoltaic power beaming capabilities. This partnership aims to develop commercial products for space power infrastructure, leveraging Ascent's CIGS PV modules to receive beamed power. The initiative is expected to reduce spacecraft mass and volume, thereby lowering mission costs and complexities. The collaboration supports NASA's lunar missions and planetary science objectives, potentially saving millions in lander costs. Ascent's technology could significantly impact future space missions by improving power generation efficiency in harsh environments. The collaboration with NASA represents a significant strategic move that could enhance Ascent's product offerings and reduce mission costs, impacting its future performance.