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
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Sectors
TechnologyEnergy & Utilities
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Ascent Solar Technologies, Inc
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Annual Revenue
$41.89 K-90.86as on Dec 31, 2024
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Net Profit
$-9.13 M46.51as on Dec 31, 2024
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EBITDA
$-7.45 M35.72as on Dec 31, 2024
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Latest Funding Round
$25 M (USD), Post-IPO
Jan 26, 2026
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Investors
Norsk Hydro
& 2 more
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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.
Products & Services of Ascent Solar
Ascent Solar offers a comprehensive portfolio of products and services, including Ascent Solar Films and Thin-Film PV Panels. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Flexible lightweight panels for power generation in challenging environments.
Resilient panels using CIGS for applications like drones and agrivoltaics.
Funding Insights of Ascent Solar
- Total Funding Total Funding
- Total Rounds 34
- Last Round Post-IPO — $25.0M
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First Round
First Round
(17 Aug 2007)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2026 | Amount | Post-IPO - Ascent Solar | Valuation |
investors |
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| Dec, 2025 | Amount | Post-IPO - Ascent Solar | Valuation |
investors |
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| Oct, 2024 | Amount | Post-IPO - Ascent Solar | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Innovative equity financing is provided for micro-cap public companies.
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Founded Year | Domain | Location | |
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Founded Year | Domain | Location | |
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Aluminium exploration services are provided by Norsk Hydro globally.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Ascent Solar
Ascent Solar has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Flisom. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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CIGS thin-film photovoltaics are manufactured via roll-to-roll processes.
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2005 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Ascent Solar
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Ascent Solar Comparisons
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. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
An online platform for energy storage solutions is offered.
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| domain | founded_year | HQ Location |
Flexible perovskite solar cells are provided using hybrid halide materials.
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| domain | founded_year | HQ Location |
Solar cells are supplied for powering connected IoT devices.
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| domain | founded_year | HQ Location |
Provider of flexible silicon-based solar panels
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| domain | founded_year | HQ Location |
Crystalline silicon-based solar modules are manufactured for varied deployments.
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| domain | founded_year | HQ Location |
Mobile rapid chargers for EVs are developed without utility grids.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Ascent Solar
Frequently Asked Questions about Ascent Solar
When was Ascent Solar founded?
Ascent Solar was founded in 2005 and raised its 1st funding round 2 years after it was founded.
Where is Ascent Solar located?
Ascent Solar is headquartered in Thornton, United States. It is registered at Thornton, Colorado, United States.
Who is the current CEO of Ascent Solar?
Paul Warley is the current CEO of Ascent Solar.
How many employees does Ascent Solar have?
As of Dec 31, 2024, the latest employee count at Ascent Solar is 20.
What is the annual revenue of Ascent Solar?
Annual revenue of Ascent Solar is $41.89K as on Dec 31, 2024.
What does Ascent Solar do?
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.
Who are the top competitors of Ascent Solar?
Ascent Solar's top competitors include Ecoflow, Swift Solar and mPower Technologies.
What products or services does Ascent Solar offer?
Ascent Solar offers Ascent Solar Films and Thin-Film PV Panels.
Is Ascent Solar publicly traded?
Yes, Ascent Solar is publicly traded on NASDAQ under the ticker symbol ASTI.
How many acquisitions has Ascent Solar made?
Ascent Solar has made 1 acquisition, including Flisom.
Who are Ascent Solar's investors?
Ascent Solar has 3 investors. Key investors include Norsk Hydro, Arion Agrophotovoltaic, and Ironridge Global.
What is Ascent Solar's ticker symbol?
The ticker symbol of Ascent Solar is ASTI on NASDAQ.