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Space To The Seas: Ascent Solar Technologies Now Focusing On Bringing More Solar Tech To Marine Markets 16.03.2026, 13:33 Uhr von EQS News Jetzt kommentieren: 0

EQS-News: Benzinga / Key word(s): Energy
Space To The Seas: Ascent Solar Technologies Now Focusing On Bringing More Solar Tech To Marine Markets

16.03.2026 / 13:33 CET/CEST
The issuer is solely responsible for the content of this announcement.


By Meg Flippin, Benzinga

DETROIT, MICHIGAN - March 16, 2026 (NEWMEDIAWIRE) - The marine solar panel market is projected to reach $5 billion by 2035, growing at a CAGR of 13.1% over 2025-2035, and Ascent Solar Technologies Inc. (NASDAQ: ASTI) could be one to watch. As the developer of featherweight, flexible and durable CIGS thin-film photovoltaic (PV), not only are its marine-ready solar panels durable and saltwater-resistant, the company reports they are also cost-effective. Ascent counts several big names, from NASA’s Marshall Space Flight Center to the Georgia Institute of Technology, as partners and is increasingly expanding into marine applications.

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Powering Water Vessels With An Edge 

Ascent Solar’s CIGS solar cells are finding interest in the marine industry because they are thin-film PV cells that weigh very little and are flexible. Since they perform well in low light, they are becoming an increasingly popular choice for space exploration, drones and surface and underwater vehicles (both military and commercial). What Ascent Solar says gives it an edge over competitors is its ability to deliver solar arrays in six to eight weeks, much faster than rivals that Ascent says have lead times of nine to 12 months. The company is betting that its manufacturing prowess will be a big advantage for OEM boatbuilders and integrators needing responsive supply chains.

It doesn’t hurt that Ascent Solar already has a history in the marine market. The company has delivered modules for testing in saltwater and for underwater monitoring applications, demonstrating the potential of remote systems under extreme conditions. This is critical for ocean monitoring, offshore platforms and long-range vessels. Their performance in low light and extreme temperatures also fits unpredictable marine environments. The company also believes its patented Monolithic Integration (MI) technology gives it an edge. This tech allows panels to continue generating power even if they are partially damaged or punctured. This is critical for solar-powered boats in the deep ocean; if a traditional solar panel is damaged by a wave or heavy winds, all of its cells typically fail.

Mooring The Customers 

With its expertise, it is no surprise that Ascent Solar is becoming more active in the maritime market. An ocean monitoring company is currently testing the functionality and durability of Ascent’s PVs in aquatic terrestrial applications to enable persistent equipment operation. Meanwhile, Georgia Tech is integrating solar arrays directly into the wings of unmanned aerial vehicles (UAVs) designed for ocean monitoring. These solar-powered seaplanes are being developed for persistent, long-range maritime surveillance. Ascent Solar sees its panels as a solution for persistent ocean buoys, sensors, autonomous underwater vehicle (AUV) surface charging and electric boat hulls. Beyond traditional surface PVs, the company’s tech has drawn interest from developers of autonomous vehicles, a niche but rapidly expanding area within the broader marine solar market, reports the company.

By combining rapid manufacturing with extreme durability, Ascent Solar is positioning itself to be at the helm of the next generation of green ships and applications. To learn more about Ascent, click here. 

Featured image from Shutterstock.

This content was originally published on Benzinga. Read further disclosures here.

This post contains sponsored content. This content is for informational purposes only and is not intended to be investing advice. 

View the original release on www.newmediawire.com


News Source: Benzinga


16.03.2026 CET/CEST Dissemination of a Corporate News, transmitted by EQS News - a service of EQS Group.
The issuer is solely responsible for the content of this announcement.

The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
View original content: EQS News


Language: English
Company: Benzinga
United States
EQS News ID: 2291980

 
End of News EQS News Service

2291980  16.03.2026 CET/CEST

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