24/7 Market News Snapshot 27 March, 2025 – Ascent Solar Technologies, Inc. Common Stock (NASDAQ:ASTI)

March 27, 2025

DENVER, Colo., 27 March, 2025 (247marketnews.com) – (NASDAQ:ASTI) are discussed in this article.
Ascent Solar Technologies, Inc. (ASTI) is experiencing significant momentum in the financial markets, with its stock surging an impressive 66.49% to reach $2.847, following an opening price of $1.70. The trading volume has spiked to 709.75K, reflecting a heightened level of investor interest. This surge aligns with the growing market focus on clean energy solutions, underscoring the company’s potential for substantial growth.

In a noteworthy development, Ascent has announced a groundbreaking advancement in its space solar technology, having received a significant order to refine the design of its solar products for a prospective client interested in power beaming solutions. This aligns with their expertise in providing cutting-edge, flexible thin-film photovoltaic (PV) technology. Ascent’s CIGS PV products have undergone rigorous performance evaluations, demonstrating their efficacy for power reception via beamed technology. The company remarkably developed and delivered an optimized power-beamed module prototype within just one month, showcasing its agility and innovative capacity.

Preliminary test data from both the commercial off-the-shelf CIGS PV module and the specialized prototype has highlighted superior thermal properties, alongside potential pathways for enhanced performance and power output. Paul Warley, CEO of Ascent Solar Technologies, expressed enthusiasm regarding the burgeoning interest in space-based solar power technologies, emphasizing that the company’s unique thin-film PV technology positions it favorably within this dynamic market.

The firm’s capability to design and refine space solar arrays in its 5MW manufacturing facility demonstrates its commitment to customer demands. By offering tailored design features that differentiate it from traditional silicon-based solar providers, Ascent Solar is poised to capture increased demand and open new revenue streams as it continues to innovate. The company remains dedicated to expanding its role in the space-based solar power domain, further solidifying its reputation as a leader in revolutionary solar energy solutions.

Related news for (ASTI)

NASDAQ and NYSE quotes and data are delayed 15 minutes unless indicated otherwise. Market data and exchange information are provided for informational purposes only and is not intended for trading purposes. Neither 24/7 Market News Editors, 247 Market News, or data and content providers shall be liable for any errors or omissions, delays, misquotes or other market information relayed in any press materials. You should Use Realtime data to conduct due diligence before investing or trading, and trading in any stock is risky you could lose all your money.