Ascent Solar Technologies (ASTI) Stock Surges 17.78% on Strategic Defense Partnerships and 2026 Production Plans
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 5d ago
0mins
Source: Benzinga
- Significant Stock Surge: Ascent Solar's shares surged 17.78% to $8.02 in after-hours trading on Thursday, reflecting strong market enthusiasm for its 2025 achievements and 2026 production plans, with a closing price of $6.81 representing a 53.03% increase.
- Strategic Partnerships: The company formed strategic partnerships in 2025 with various firms in the commercial and defense sectors, including NovaSpark and Defiant Space, which are expected to enhance its product delivery capabilities, particularly for civil and defense space missions.
- Production Capacity Enhancement: Ascent Solar plans to deliver existing orders for array deployments in the first quarter of 2026 and is collaborating with the Georgia Institute of Technology to integrate its thin-film technology into UAV wings for ocean monitoring, showcasing its proactive approach to innovation and market demand.
- Strong Market Performance: With a market capitalization of $32.09 million, Ascent Solar's stock has gained 129.29% over the past 12 months, currently trading at 90.6% of its 52-week range, indicating a robust market trend, although caution is advised as it approaches its highs.
Analyst Views on ASTI
About ASTI
Ascent Solar Technologies, Inc. is a solar technology company that manufactures and sells photovoltaic (PV) solar modules. Its technology provides renewable power solutions to production and specialty solar markets where traditional rigid solar panels are not suitable, including aerospace, agrivoltaics, and niche manufacturing/construction sectors. It designs and develops finished products to design and develop integrated solutions for products, such as satellites, spacecraft, airships, and fixed wing unmanned aerial vehicles (UAVs). It is also engaged in developing its zinc oxysulfide process. The Company manufactures its products by affixing a thin Copper-Indium-Gallium-diSelenide (CIGS) layer to a plastic substrate using a large format, roll-to-roll process that permits it to fabricate its PV modules in an integrated sequential operation. It uses monolithic integration techniques, which enable it to form complete PV modules with back-end assembly of inter-cell connections.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
