24/7 Market News Snapshot 26 June, 2025 – Ascent Solar Technologies, Inc. Common Stock (NASDAQ:ASTI)

June 26, 2025

DENVER, Colo., 26 June, 2025 (www.247marketnews.com) – (NASDAQ:ASTI) are discussed in this article.
Ascent Solar Technologies, Inc. has recently garnered significant attention in the financial market, witnessing a remarkable surge in its stock price in pre-market trading, with shares currently valued at $4.109—an extraordinary increase of 252.70% from the previous closing price of $1.165. This notable rise comes on the heels of a robust trading volume of 6.11 million shares, reflecting keen investor interest, possibly stimulated by recent developments surrounding the company.

In a strategic move to strengthen its technological advancements, Ascent Solar Technologies has announced a collaborative agreement with NASA’s Marshall Space Flight Center, in association with NASA Glenn Research Center. This partnership aims to enhance the capabilities of beamed power reception using CIGS (copper indium gallium selenide) thin-film photovoltaic modules over the coming year. Such innovation is anticipated to facilitate significant advancements in mission architectures by integrating beamed power into space operations.

The initiative is positioned to not only streamline technological development but also to reduce the complexities and costs associated with future extraterrestrial missions. NASA’s recent Psyche Mission has highlighted the efficacy of deep space laser communication, demonstrating the promise of tight-beaming technologies. Experimental tests reveal that Ascent’s products can effectively harness beamed power, a pivotal step toward maturing this cutting-edge technology.

The collaboration aims to optimize energy generation in space, enhancing operational efficiency and payload capacity for lunar and planetary missions. By minimizing spacecraft mass and volume, agencies can focus on expanding their scientific objectives while adhering to budget constraints. Paul Warley, CEO of Ascent Solar Technologies, emphasized the importance of this partnership, expressing confidence that the integration of thin-film solar technology will play a vital role in overcoming energy conversion challenges in the demanding environments of space.

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