FORM 3
        
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

Peterson David Theodore JR
2. Date of Event Requiring Statement (MM/DD/YYYY)
12/10/2020 

3. Issuer Name and Ticker or Trading Symbol

Ascent Solar Technologies, Inc. [ASTI]
(Last)        (First)        (Middle)

12300 GRANT STREET
4. Relationship of Reporting Person(s) to Issuer (Check all applicable)

__X__ Director                          _____ 10% Owner
_____ Officer (give title below)        _____ Other (specify below)
(Street)

THORNTON, CO 80241      

(City)              (State)              (Zip)
5. If Amendment, Date Original Filed(MM/DD/YYYY)
 

6. Individual or Joint/Group Filing(Check Applicable Line)

_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1.Title of Security
(Instr. 4)
2. Amount of Securities Beneficially Owned
(Instr. 4)
3. Ownership Form: Direct (D) or Indirect (I)
(Instr. 5)
4. Nature of Indirect Beneficial Ownership
(Instr. 5)

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 4)
2. Date Exercisable and Expiration Date
(MM/DD/YYYY)
3. Title and Amount of Securities Underlying Derivative Security
(Instr. 4)
4. Conversion or Exercise Price of Derivative Security5. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 5)
6. Nature of Indirect Beneficial Ownership
(Instr. 5)
Date ExercisableExpiration DateTitleAmount or Number of Shares

Explanation of Responses:

Remarks:
The reporting person is currently the Manager of Crowdex Investment, LLC ("Crowdex"). Crowdex is a newly formed limited liability company whose 100% indirect beneficial owner is Bernd Fortsch. Through its ownership of Common Stock and Series 1A Convertible Preferred Stock of the Company, Crowdex currently holds majority voting control of the Company. Mr. Peterson disclaims beneficial ownership of any Company securities owned by Crowdex.
No securities are beneficially owned.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director10% OwnerOfficerOther
Peterson David Theodore JR
12300 GRANT STREET
THORNTON, CO 80241
X



Signatures
/s/ David Peterson12/21/2020
**Signature of Reporting PersonDate

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