Ascent Solar Technologies Provides Corporate Update Detailing Customer Pipeline and Revenue Potential
THORNTON, Colo., March 08, 2024 (GLOBE NEWSWIRE) -- Ascent Solar Technologies , (Nasdaq: ASTI) (“Ascent'' or the “Company”), the leading U.S. innovator in the design and manufacture of featherweight, flexible, and durable CIGS thin-film photovoltaic (PV) solutions, today published a corporate update detailing its customer and revenue potential, as well as its strategy to meet growth opportunities in its two primary customer verticals of aerospace and agrivoltatics.
- THORNTON, Colo., March 08, 2024 (GLOBE NEWSWIRE) -- Ascent Solar Technologies , (Nasdaq: ASTI) (“Ascent'' or the “Company”), the leading U.S. innovator in the design and manufacture of featherweight, flexible, and durable CIGS thin-film photovoltaic (PV) solutions, today published a corporate update detailing its customer and revenue potential, as well as its strategy to meet growth opportunities in its two primary customer verticals of aerospace and agrivoltatics.
- The published report can be found here .
- Further, the Company anticipates 2025 revenue reaching $50 million to $80 million.
- These figures are estimated based on current customer discussions and testing coupled with a rapidly growing market opportunity in aerospace and photovoltaics, and does not reflect revenue under contract.