Ascent Solar Technologies, Inc. announced that the Company has named Jeffrey Max as Ascent Solar's new Chief Executive Officer. As part of Ascent's ongoing leadership transition, Jeffrey Max, a seasoned technology CEO with more than three decades of experience in scaling technology organizations, has succeeded Victor Lee as the Company's CEO, effective immediately. Jeffrey Max boasts over 30 years of experience as a hi-tech CEO, investor and entrepreneur known for his ability to drive scale at fledgling and developing companies.

Jeff has founded, built, incubated, and successfully guided several companies to operations at a global scale, achieving multiple exits in industries such as financial services, mobile commerce, AdTech and aerospace. Jeff's key competencies include product positioning and strategy, brand development, acquisition-driven growth, business development and turn-arounds. From 2019 to 2022, Jeff was Chairman and CEO of Agile Space Industries.

During Jeff's tenure, Agile was able to quickly expand into design and manufacturing, securing contracts to supply thrusters for multiple NASA lunar lander missions. Under his leadership, Agile grew from a team of 6 to over 60, and acquired Tronix3D.