Ascent Solar

Thornton, United States Founded: 2005 • Age: 21 yrs Listed
Thin-film CIGS solar modules manufacturer

About Ascent Solar

Ascent Solar is a publicly listed company based in Thornton (United States) founded in 2005. Thin-film CIGS solar modules manufacturer. It operates in the Technology and Energy & Utilities sectors. The company has 20 employees. Ascent Solar has completed 1 acquisition, including Flisom. Its chief executive, as recorded, is Paul Warley. Its website ascentsolar.com draws about 11 thousand monthly visits. Ascent Solar offers products and services including Ascent Solar Films and Thin-Film PV Panels. Its focus areas include Energy, Solar Energy, Solar Products and Multi-Products. Its legal entity is Ascent Solar Technologies, Inc. Its competitors include Ecoflow, Swift Solar and Ambient Photonics; 3 of its 3 listed competitors have raised funding.

Company details

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.

  • Headquarters Thornton, United States
  • Employees 20
  • Stage Public
  • Sectors
    Technology
    Energy & Utilities
  • Email
    β€’β€’β€’β€’β€’β€’β€’β€’
  • Website ascentsolar.com
  • Social LinkedIn X YouTube
  • Legal Name Ascent Solar Technologies, Inc
Key Metrics
  • Annual Revenue
    $76.77 K (USD)
    83.26
    as on Dec 31, 2025
  • Net Profit
    -$7.83 M (USD)
    14.21
    as on Dec 31, 2025
  • EBITDA
    -$7.25 M (USD)
    2.78
    as on Dec 31, 2025
  • Latest Funding Round
    $25M (USD), Post-IPO

    Jan 2026

  • Investors
  • Employee Count
    20
  • Investments & Acquisitions

Products & Services of Ascent Solar

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

Ascent Solar Films
Solar Technology

Flexible lightweight panels for power generation in challenging environments.

Thin-Film PV Panels
Renewable Energy

Resilient panels using CIGS for applications like drones and agrivoltaics.

Apps and channels of Ascent Solar

its YouTube channel Ascent Solar Technologies, Inc. has 170 subscribers and 2 videos.

Ascent Solar Technologies, Inc.
YouTube 170 subscribers 2 videos Science & Technology
Open channel

Videos from Ascent Solar

The most watched videos on Ascent Solar's YouTube channel, Ascent Solar Technologies, Inc. (170 subscribers). Click a video to play it here.

ASTI Thin Film Solar 2025 Overview
553 views
Ascent Solar teams up with Cornerstone Research Group in a Technical Experiment
507 views

More on Ascent Solar Technologies, Inc..

Funding Insights of Ascent Solar

  • Total Rounds 34
  • Last Round Post-IPO β€” $25M
  • First Round $6.73M

    (Aug 2007)

  • Investors Count 3

Latest 10 of 34 funding rounds of Ascent Solar with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Jan 2026$25MPost-IPO––
–
Dec 2025$2MPost-IPO––
–
Oct 2024$1.9MPost-IPO––
–
Apr 2023$9MPost-IPO––
Dec 2022$50MPost-IPO––
–
Sep 2021$5MPost-IPO––
–
Mar 2021$3MPost-IPO––
–
Sep 2020$2MPost-IPO––
–
Feb 2017$20MPost-IPO––
–
Oct 2016$1MPost-IPO––
–
Valuation history

3 investors in total: 3 institutional.

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
InvestorDescriptionFounded YearDomainLocation
Innovative equity financing is provided for micro-cap public companies.
2011ironridgeglobal.com
Aluminium exploration services are provided by Norsk Hydro globally.
1905hydro.comOslo, Norway
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Investor details for Ascent Solar

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People of Ascent Solar

1 people are tracked at Ascent Solar (1 in leadership); the tracked headcount is 20.

NameRoleGroup
Paul Warley
CEOLeadership
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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.

  • IPO date07 Aug 2006
  • Listed onNASDAQ: ASTI
  • Listed entityAscent Solar Technologies, Inc
  • Exchange sectorElectronic technology
  • ISINUS0436358040
  • Share price$2.07 (-3.27% on the day) · 2026-10-13
  • Market capitalisation$20.3M
  • EPS (diluted, trailing year)$-1.55
  • Volume (last session)164,203

Financials of Ascent Solar

Exchange-reported annual figures
YearRevenueNet incomeEBITDA
2025$76,770-$7.8M-$7.2M
2024$41,890-$9.1M-$7.5M
2023$458,260-$17.1M-$11.6M
2022$1.2M-$19.8M-$16.3M
2021$607,780-$6.0M-$8.1M
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Detailed financial statements for Ascent Solar

Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.

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Investments & Acquisitions by Ascent Solar

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

Acquisitions
Company NameDescriptionDomainLocationFoundedAcquiredAmount
CIGS thin-film photovoltaics are manufactured via roll-to-roll processes.
flisom.comZurich, Switzerland2005Apr 2023β€’β€’β€’β€’
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Complete acquisition details for Ascent Solar

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Timeline of Ascent Solar

5 dated milestones of Ascent Solar across 21 years, from founding to its latest funding, stage changes and deals.

  1. Founded Ascent Solar is founded.
  2. IPO Lists on the stock exchange (IPO).
  3. Funding First funding round of $6.7M.
  4. Acquisition Acquires Flisom.
  5. Funding Latest funding round, Post-IPO, of $25.0M.

Competitors of Ascent Solar

Ascent Solar has 3 listed competitors in our database, 3 of them funded. They include Ecoflow, Swift Solar and Ambient Photonics.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
ecoflow.com2017San Jose, United States$104M
An online platform for energy storage solutions is offered.
swiftsolar.com2017Golden, United States$42.39M19
Flexible perovskite solar cells are provided using hybrid halide materials.
ambientphotonics.com2019Scotts Valley, United States$61M11
Solar cells are supplied for powering connected IoT devices.
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Detailed competitors of Ascent Solar

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Web traffic of Ascent Solar

The website of Ascent Solar (ascentsolar.com) receives about 10.7K visits a month.

  • Monthly visits
    10.7K

    ▲ 230.1% vs previous month

Similar websites

Websites whose visitors overlap most with Ascent Solar. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
firstsolar.com
100%
52K#590,691View details
evergreensolar.com
77%
View details
stion.com
75%
View details
greensolar.hu
greensolar.hu
74%
–
solopower.com
72%
View details
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
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All 11 similar websites and full traffic analytics for Ascent Solar

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  • Audience overlap
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Verified entity values are shown only after access is granted.

Top companies in Embedded & Flexible Electronics

3 companies that operate in the same segment as Ascent Solar (Embedded & Flexible Electronics) in United States, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
IoT connectivity platform from prototype to production is developed.
2011San Francisco, California, United StatesUSD 134.87 M109
RF MEMS-based oscillators and resonators are supplied for diverse applications.
2004Sunnyvale, California, United StatesUSD 51.97 MUSD 326.66 M395
Flexible displays are researched, developed, and manufactured by Royole.
2012Fremont, California, United StatesUSD 849.93 M78
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Related news about 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 CEO of Ascent Solar, as recorded in our data.

Ascent Solar has 20 employees.

Annual revenue of Ascent Solar is $76.77K as on Dec 31, 2025.

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 Ambient Photonics.

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.

Ascent Solar operates through Ascent Solar Technologies, Inc..

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