Ascent Solar

Thornton, United States Founded: 2005 • Age: 21 yrs
Thin-film CIGS solar modules manufacturer
Annual revenue $41,890 Latest available
Total funding - 34 rounds
Employees 20 Tracked headcount
Investors 3 Known backers
Products 2 Services tracked
Competitors 10 Brand Intelligence

About Ascent Solar

Ascent Solar is a company based in Thornton (United States) founded in 2005. The company has 20 employees as of December 31, 2024. Ascent Solar has completed 1 acquisition, including Flisom. Ascent Solar offers products and services including Ascent Solar Films and Thin-Film PV Panels. Ascent Solar operates in a competitive market with competitors including Ecoflow, Swift Solar, Ambient Photonics, mPower Technologies and Merlin Solar, among others.

  • Headquarter Thornton, United States
  • Employees 20 as on 31 Dec, 2024
  • Stage Public
  • Sectors
    Technology
    Energy & Utilities
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Ascent Solar Technologies, Inc
Operational Areas
Technology → Semiconductors, Electronics & Hardware Unlock Sub-Sector Unlock Segment
Energy & Utilities → Renewable & Clean Energy Unlock Sub-Sector Unlock Segment
Energy & Utilities → Renewable & Clean Energy Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $41.89 K (USD)
    -90.86
    as on Dec 31, 2024
  • Net Profit
    -$9.13 M (USD)
    46.51
    as on Dec 31, 2024
  • EBITDA
    -$7.45 M (USD)
    35.72
    as on Dec 31, 2024
  • Latest Funding Round
    $25 M (USD), Post-IPO

    Jan 26, 2026

  • Investors
    Norsk Hydro

    & 2 more

  • Employee Count
    20

    as on Dec 31, 2024

  • Investments & Acquisitions
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IPO & Listings of Ascent Solar

Ascent Solar is a publicly listed company on the NASDAQ with ticker symbol ASTI in USA, operating in the Electronic technology sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

Exchange: NASDAQ · Ticker: ASTI · Sector: Electronic technology · USA

Products & Services of Ascent Solar

Ascent Solar offers a comprehensive portfolio of products and services, including Ascent Solar Films and Thin-Film PV Panels.

Product name locked
Category locked
Primary

Flexible lightweight panels for power generation in challenging environments.

Product name locked
Category locked
Locked

Resilient panels using CIGS for applications like drones and agrivoltaics.

Funding Insights of Ascent Solar

Investors in Ascent Solar

Ascent Solar has secured backing from 3 investors, including institutional and venture fund investors. Prominent investors backing the company include Norsk Hydro, Arion Agrophotovoltaic and Ironridge Global.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Innovative equity financing is provided for micro-cap public companies.
Locked Locked Locked
-
Locked Locked Locked
Aluminium exploration services are provided by Norsk Hydro globally.
Locked Locked Locked
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Investor details for Ascent Solar

Investor domains, locations, round participation, and complete history require an active premium plan.

  • Investor domains
  • Investor locations
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  • Participation history

Verified entity values are shown only after access is granted.

Investments & Acquisitions by Ascent Solar

Ascent Solar has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Flisom.

Investments
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Investment portfolio details for Ascent Solar

Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.

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  • Transaction dates
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Acquisitions
Company Name Description Domain Location Founded Year Amount
CIGS thin-film photovoltaics are manufactured via roll-to-roll processes.
Locked Locked 2005 Locked
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Complete acquisition details for Ascent Solar

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Financial Statements - Ascent Solar

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Detailed financials for Ascent Solar

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Ascent Solar Comparisons

Ascent Solar Primary company
Description
Thin-film CIGS solar modules manufacturer
Location
Thornton, United States
Founded Year
2005
Annual Revenue
$41.89 K (USD)
Net Profit
-$9.13 M (USD)
EBITDA
-$7.45 M (USD)
Employees
20
As of 2024
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Peer comparison for Ascent Solar

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Competitors of Ascent Solar

Ascent Solar operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Ecoflow, Swift Solar, Ambient Photonics, mPower Technologies and Merlin Solar, among others.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
An online platform for energy storage solutions is offered.
Locked Locked Locked
Flexible perovskite solar cells are provided using hybrid halide materials.
Locked Locked Locked
Solar cells are supplied for powering connected IoT devices.
Locked Locked Locked
Provider of flexible silicon-based solar panels
Locked Locked Locked
Crystalline silicon-based solar modules are manufactured for varied deployments.
Locked Locked Locked
Mobile rapid chargers for EVs are developed without utility grids.
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Detailed competitors of Ascent Solar

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Latest news on Ascent Solar

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Complete news archive for Ascent Solar

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Frequently Asked Questions about Ascent Solar

Ascent Solar was founded in 2005 and raised its 1st funding round 2 years after it was founded.

Ascent Solar is headquartered in Thornton, United States. It is registered at Thornton, Colorado, United States.

Paul Warley is the current CEO of Ascent Solar.

As of Dec 31, 2024, the latest employee count at Ascent Solar is 20.

Annual revenue of Ascent Solar is $41.89K as on Dec 31, 2024.

Ascent Solar was founded in 2005 in Thornton, United States, within the solar energy sector. Thin-film CIGS photovoltaic modules are produced with flexible, cost-effective substrates that differ from conventional panels. These modules are integrated into building materials, commercial vehicles, automotive systems, space technologies, and portable electronics. Standalone versions are deployed for large-scale ground-based installations.

Ascent Solar's top competitors include Ecoflow, Swift Solar and mPower Technologies.

Ascent Solar offers Ascent Solar Films and Thin-Film PV Panels.

Yes, Ascent Solar is publicly traded on NASDAQ under the ticker symbol ASTI.

Ascent Solar has made 1 acquisition, including Flisom.

Ascent Solar has 3 investors. Key investors include Norsk Hydro, Arion Agrophotovoltaic, and Ironridge Global.

The ticker symbol of Ascent Solar is ASTI on NASDAQ.

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