Ascent Solar Technologies (NASDAQ: ASTI) Projects Up to $40M in 2027 Sales with NASA Collaborations and Strategic Space Industry Partnerships

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Ascent Solar Technologies, Inc. (NASDAQ: ASTI), a leading provider of flexible, high-performance thin-film solar technology, is rapidly gaining traction in the aerospace and space sectors, driven by strategic collaborations with NASA and other key industry players. The company has recently projected revenue between $5M-$20M in 2026 and $25M-$40M in 2027, reflecting growing demand and a maturing commercial pipeline.

Powering the Future with Thin-Film Solar Innovation

Backed by over 40 years of R&D and 15 years of manufacturing expertise, Ascent Solar specializes in lightweight, flexible CIGS (copper-indium-gallium-selenide) solar panels built for extreme environments - from deep space to high-altitude flight and terrestrial applications like agrivoltaics and commercial construction.

The company's Thornton, Colorado headquarters houses a 5-MW production facility and a dedicated R&D center, enabling Ascent to offer fast turnaround and domestically produced mission-ready solar technology. This production speed (typically 6-8 weeks vs. 9-12 months for competitors) is a key differentiator in capturing time-sensitive aerospace and defense contracts.

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Major Milestones and Agreements Driving Growth

NASA Collaboration: Thin-Film PV for Power Beaming

In a major leap forward, Ascent recently entered a Collaborative Agreement Notice (CAN) with NASA's Marshall Space Flight Center and support from NASA Glenn Research Center to evaluate ASTI's thin-film PV modules for space-based power beaming.

The initiative explores how ASTI's lightweight solar modules can efficiently receive high-density beamed power, a breakthrough that could deliver 10x more power on-demand, dramatically reducing spacecraft mass and size requirements - a critical factor in mission planning and cost control.

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MOU with Star Catcher Industries: Enabling the Space Energy Grid

On August 28, Ascent signed a Memorandum of Understanding with Star Catcher Industries, a company developing the first space-to-space power beaming network. This collaboration is aimed at integrating Star Catcher's energy-beaming platform with ASTI's thin-film PV systems to:

* Augment power during high-demand satellite operations
* Maintain power availability during eclipses or system failures
* Deliver bundled solar + beamed power solutions for space clients
* Jointly demonstrate this combined capability in future space missions

Teaming Agreements in Aerospace and Defense

In addition to NASA and Star Catcher, Ascent has secured several other key partnerships:

* Teaming Agreement with a U.S. Defense Solutions Provider to supply thin-film solar tech for orbital missions
* Product evaluation deal with a Colorado-based space solar array provider, enabling rapid prototype testing and potential integration into active satellite missions
* Master Services Agreement with NOVI and ongoing testing with multiple deployable technology and satellite companies

These agreements position ASTI as a go-to solar technology provider for space and defense applications, with scalable hardware already deployed in NASA missions like LISA-T.

2026-2027 Sales Forecasts Reflect Robust Pipeline

In its recent August corporate update, ASTI unveiled projected sales of:

* $5 million to $20 million in 2026
* $25 million to $40 million in 2027

These figures reflect current customer discussions, in-progress testing, and rapidly growing demand within the aerospace and defense sectors. While these projections are not yet tied to signed contracts, they represent realistic estimates based on momentum from active partnerships and product evaluations.

View the full presentation here: ASTI Corporate Update - August 2025 [https://ascentsolar.com/hubfs/23126419/ASTI%20Presentation%20August%202025.pdf?hsLang=en]

H1 2025 Achievements Fueling H2 Execution Strategy

During the first half of 2025, ASTI achieved a number of significant milestones:

* Record production-scale efficiency of 15.7% for CIGS solar cells
* Completion of customized product deliveries with new space partners
* Participation in key industry events including the 40th Space Symposium and 2025 SatShow
* Facility tours with leading aerospace and defense stakeholders
* $2 million public offering to provide liquidity through 2026

Looking ahead, ASTI's H2 strategy includes:

* Expanding supply agreements in the space and defense sectors
* Launching plug-and-fly integrated solar solutions
* Advancing encapsulation for use in LEO, VLEO, and GEO missions
* Further development of deployable solar architectures using flight-proven tape mechanisms

Why Investors Are Paying Attention to ASTI

* Strategic alignment with NASA and U.S. defense sector
* Rapidly scalable production in the U.S. with short delivery timelines
* Proven technology with spaceflight heritage and ongoing deployments
* Collaborative partnerships enhancing solar + power beaming capabilities
* IP portfolio and R&D leadership in thin-film CIGS solar innovation

As the global aerospace and defense sectors seek lighter, faster, and more resilient energy solutions, Ascent Solar stands out as a pioneering player in the space-based solar power revolution.

About Ascent Solar Technologies, Inc. (NASDAQ: ASTI)

Ascent Solar Technologies is a leading developer and manufacturer of flexible, thin-film photovoltaic (PV) modules using CIGS technology. The company's solar products are engineered for extreme environments, with applications spanning aerospace, defense, high-altitude aircraft, agrivoltaics, commercial construction, and consumer goods.

For more information on $ASTI visit: https://www.ascentsolar.com

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Media Contact
Company Name: Ascent Solar Technologies, Inc
Contact Person: Paul Warley, President and CEO
Email: Send Email [http://www.universalpressrelease.com/?pr=ascent-solar-technologies-nasdaq-asti-projects-up-to-40m-in-2027-sales-with-nasa-collaborations-and-strategic-space-industry-partnerships]
Phone: (720) 872-5000
Address:12300 Grant Street
City: Thornton
State: Colorado 80241
Country: United States
Website: https://ascentsolar.com/

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