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Last $0.20 USD
Change Today -0.007 / -3.33%
Volume 960.0K
ASTI On Other Exchanges
As of 12:21 PM 10/8/15 All times are local (Market data is delayed by at least 15 minutes).

ascent solar technologies (ASTI) Snapshot

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52 Week High
11/13/14 - $2.49
52 Week Low
08/24/15 - $0.10
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ascent solar technologies (ASTI) Details

Ascent Solar Technologies, Inc., a development stage company, designs and manufactures photovoltaic integrated consumer electronics; and portable power applications for commercial and military users. The company offers Surfr, a battery and a solar case for the Apple iPhone 4/4S smart phone, as well as for the Samsung Galaxy S III smart phone; EnerPlex Kickr, a portable solar charging device; and EnerPlex Jumpr, a portable power bank. It also provides lithium-ion based large format batteries; Commandr XII, a solar charger; and Kickr II+ and IV+ solar products. The company sells its products through its e-commerce Website,, as well as through online retailers and distributors. Ascent Solar Technologies, Inc. is headquartered in Thornton, Colorado.

119 Employees
Last Reported Date: 03/18/15

ascent solar technologies (ASTI) Top Compensated Officers

Chief Executive Officer, President, Interim P...
Total Annual Compensation: $213.5K
Compensation as of Fiscal Year 2014.

ascent solar technologies (ASTI) Key Developments

Ascent Solar Expands Enerplex Distribution Agreement with TCC to 156 Stores

Ascent Solar Technologies it has expanded its EnerPlex distribution relationship with TCC to cover an additional 156 TCC stores. The new agreement brings the total number of stores carrying EnerPlex solar products to 456 nationwide.

Ascent Solar Technologies, Inc. Announces Earnings Results for the Second Quarter and Six Months Ended June 30, 2015

Ascent Solar Technologies, Inc. announced earnings results for the second quarter and six months ended June 30, 2015. For the quarter, the company narrowed its loss from the prior year period, and revenue surged 105% year over year. Total Revenues were $2.2 million, up approximately 105% from the year-ago period. Loss from operations was $6.9 million, an improvement of approximately $1 million or 12.6% from the same period last year. For the six months, total revenue was $2.9 million, up from $1.8 million in first half of 2014 or approximately 57% growth. Loss from operations improved by approximately 11% or $1.7 million from $15.5 million in first half of 2014 to $13.8 million in first half of 2015, due to a combination of increasing sales and improved operational efficiencies while keeping operating expenses marginally down.

Municipal City of Suqian and the Ascent Solar Technologies, Inc. Agree to Terminate the Joint Venture Project

As previously disclosed, on December 28, 2013, the Ascent Solar Technologies, Inc. entered into a definitive agreement for the establishment of a joint venture with the Government of the Municipal City of Suqian in Jiangsu Province, China. The purpose of the joint venture was to build a factory located in Suqian to manufacture proprietary photovoltaic modules. The Suqian joint venture project has progressed more slowly than originally anticipated due to a number of factors including short supply of needed technical skills in the Suqian area and other factors affecting the long term viability of the partnership. Accordingly, on August 5, 2015, Suqian and the Ascent Solar Technologies, Inc. mutually agreed to terminate the joint venture project. The parties will liquidate the joint venture and distribute any available proceeds to the parties pro rata in accordance with the parties' contributions to the joint venture to date. To date, the Ascent Solar Technologies, Inc. contributions to the joint venture have consisted of $320,000 in cash and certain technical and engineering consulting services. To date, Suqian has contributed $960,000 in cash to the joint venture. The company does not anticipate having any material current or ongoing liabilities relating to the joint venture or its termination.


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