Ascent Solar Technologies Provides Corporate Update Detailing Customer Pipeline and Revenue Potential
Ascent Solar Technologies, Inc (ASTI)
US:NASDAQ Investor Relations:
ascentsolar.com/ir-events-presentations.html
Company Research
Source: GlobeNewswire
THORNTON, Colo., March 08, 2024 (GLOBE NEWSWIRE) -- Ascent Solar Technologies, (Nasdaq: ASTI) (“Ascent'' or the “Company”), the leading U.S. innovator in the design and manufacture of featherweight, flexible, and durable CIGS thin-film photovoltaic (PV) solutions, today published a corporate update detailing its customer and revenue potential, as well as its strategy to meet growth opportunities in its two primary customer verticals of aerospace and agrivoltatics. The published report can be found here. The report outlines revenue projects for the remainder of 2024, including $1 million to $1.2 million in Q2; $3 million to $5 million in Q3; and $5 million to $7 million in Q4, totaling $9 million to $13.2 million for the entire year. Further, the Company anticipates 2025 revenue reaching $50 million to $80 million. These figures are estimated based on current customer discussions and testing coupled with a rapidly growing market opportunity in aerospace and photovoltaics, and does n
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ASTI
News
- Ascent Solar Technologies, Inc. Announces Second and Third Closings of Public Offering of Common Stock and Pre-Funded Warrants at $0.14 Per ShareGlobeNewswire
- Momentus and Ascent Solar Technologies Partner to Bring to Market Leading-Edge Solar Arrays [Yahoo! Finance]Yahoo! Finance
- Momentus and Ascent Solar Technologies Partner to Bring Leading-Edge Solar Arrays to MarketGlobeNewswire
- Ascent Solar Technologies, Inc. Announces Initial Closing of Public Offering of Common Stock and Pre-Funded Warrants [Yahoo! Finance]Yahoo! Finance
- Ascent Solar Technologies, Inc. Announces Initial Closing of Public Offering of Common Stock and Pre-Funded WarrantsGlobeNewswire
ASTI
Sec Filings
- 4/18/24 - Form 8-K
- 4/12/24 - Form 8-K
- 4/12/24 - Form 424B4
- ASTI's page on the SEC website