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ASTA

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uuid00pz9f2

Namestring
ASTA
Legal namestring
ASTA Energy Solutions AG
Websiteurl
astagroup.com
Company typeenum
Public
Founded yearint
1814
Descriptiontext

ASTA Energy Solutions AG is a globally active specialty industrial manufacturer of copper-based solutions, with roots tracing to 1814 in Wiener Neustadt, Austria. The company produces copper conductors and related solutions for two end-uses: power transformers serving electricity generation, transmission, and distribution infrastructure, and data centres supporting the build-out of cloud and AI compute capacity. Its product portfolio is unified around copper metallurgy and conductor engineering for these two segments.

The company derives revenue through the manufacture and sale of hardware (copper-based components) to industrial OEM customers, including transformer manufacturers and, increasingly, data centre infrastructure buyers. ASTA operates at a meaningful industrial scale (1,001-5,000 employees) with a global footprint and supplies into both domestic and international markets. Its go-to-market is B2B industrial OEM sales, with revenue mechanics tied to long-cycle infrastructure capex rather than subscription or consumption pricing.

In January 2026, ASTA completed its IPO on the Frankfurt Stock Exchange (Prime Standard), placing approximately 6.45 million shares at EUR 29.50 and raising approximately EUR 190 million (with full greenshoe exercise), of which ~EUR 125 million was gross primary proceeds for the company. The company subsequently signed a long-term supply agreement with Prolec GE Vernova in February 2026. IPO proceeds are being deployed into capacity expansion to address surging demand for transformers and specialized conductors.

Short descriptiontext

ASTA Energy Solutions AG is a globally active Austrian manufacturer of copper-based conductors serving power transformer OEMs and data centre infrastructure customers. The company recently IPO'd on the Frankfurt Stock Exchange in January 2026 to fund capacity expansion.

Operating statusenum
Ipo
Ownership categoryenum
Headcount rangeband
1,001–5,000
akta.pro rankint
HeadquartersWiener Neustadt, Austria
HQ citystring
Wiener Neustadt
HQ countrystring
Austria
HQ regionstring
Europe
Markets served

Serves global market

Keyword5 values
copper conductors manufacturing, power transformer components, data centre infrastructure, electrical transmission equipment, e-mobility copper solutions
Industry1 code
1Energy Management Systems & Plant Controllers (PPC, AGC Participation, Curtailment Control)
CodeEUAMAIAIPrimaryYes
NAICS code2 codes
  • Electrical Equipment Manufacturing3353
  • Electric Power Generation22111
SIC code2 codes
  • Industrial Instruments For Measurement, Display, And Control3823
  • Cogeneration Services & Small Power Producers4991
Product category
Copper Conductors and Electrical Components
No data
Revenue model1 record
1Copper-based solutions manufacturing and sales
TypeHardware Sales
Description

ASTA Energy Solutions AG operates as a globally active producer of copper-based solutions for transformers and data centres. The company generates revenue through the manufacture and sale of copper-based products, with a recent IPO on the Frankfurt Stock Exchange (Prime Standard) indicating access to public capital markets for growth and expansion.

ceelegalmatters.com
Cost components5 values
Supply Chain, Operations, Personnel, Technology or R&D, Infrastructure
GTM typeB2B
B2B
Offering typeHardware or Manufacturing
Hardware or Manufacturing
Core offering1 text field

ASTA Energy Solutions AG is a globally active manufacturer of copper-based solutions serving two primary segments: power transformers and data centres. The company produces specialized copper conductors and components designed to meet surging demand for transformers and data centre infrastructure in domestic and global markets. Following its January 2026 IPO on the Frankfurt Stock Exchange, ASTA is expanding capacity to address growing volume and earnings expectations in the electrical power equipment sector.

Differentiator
Functional benefit
Problem solved
Product overview1 text field

ASTA Energy Solutions AG is a globally active producer of copper-based solutions serving two primary segments: transformers and data centres. The company operates as a unified product portfolio focused on copper-based solutions, with its IPO on the Frankfurt Stock Exchange in January 2026 marking its public market debut after raising approximately EUR 190 million.

Product and service2 records
1Copper-based Solutions for Transformers
CategoryPower Transformer Components
Description

Copper-based conductors and components specifically designed for power transformers, serving manufacturers and operators in domestic and global markets facing surging demand for transformers and specialized conductors.

2Copper-based Solutions for Data Centres
CategoryData Centre Infrastructure Components
Description

Copper-based solutions tailored for data centre applications, supplying infrastructure components to the rapidly growing data centre sector globally.

Scale indicator6 records

Each record includes

Type, Value, Description, Source

Partnership1 partner
Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2026-02-19
Description

Asta Energy Solutions AG entered into a long-term agreement with Prolec GE Vernova, a significant strategic partnership in the energy solutions sector. This long-term agreement positions Asta as a key supplier to Prolec GE Vernova's operations, likely involving the supply of copper-based solutions for transformers and related energy infrastructure.

Recent move6 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight5 records

Each record includes

Type, Description

Peers10 records
TypeDirect peer
Description

German manufacturer of wires, cables, and wiring systems serving industrial, energy, and e-mobility applications. Competes with ASTA in specialty copper conductors and shares exposure to e-mobility and energy infrastructure end markets, with comparable European manufacturing footprint.

TypeDirect peer
Description

Austrian/German specialist in copper and copper-alloy products including conductors, strips, and components used in transformers and electrical infrastructure. Highly comparable to ASTA on product (copper-based conductor offerings), customer base (transformer OEMs), and geography (Austrian/German manufacturing heritage).

TypeDirect peer
Description

Japanese manufacturer of electrical wires, cables, and conductors serving power transmission, telecommunications, and energy infrastructure. Competes with ASTA in copper conductors for transformer and power applications, with comparable exposure to grid build-out demand in major economies.

TypeBroad incumbent
Description

Japanese specialty materials producer (now Proterial) with broad offerings in electrical materials, magnetic materials, and conductors for transformers and power infrastructure. Comparable to ASTA in copper-based conductor products but operates a much wider portfolio across multiple materials categories, serving as a broader incumbent in the same space.

TypeDirect peer
Description

European (Italian/German) copper products manufacturer producing copper and copper-alloy rods, wires, strips, and conductors for electrical and industrial applications. Direct competitor to ASTA in copper-based conductor manufacturing for transformers and energy infrastructure, with similar European manufacturing base and transformer OEM customer focus.

TypeDirect peer
Description

Korean global cable and conductor manufacturer with significant presence in power cables, transformer windings, and energy infrastructure products. Directly competes with ASTA in copper-based conductors for power and distribution transformers and shares data centre / renewable interconnection demand drivers.

TypeDirect peer
Description

Japanese manufacturer of electric wires, cables, and specialty conductors serving power infrastructure, automotive (e-mobility), and industrial markets. Overlaps with ASTA in copper-based winding conductors and shares exposure to grid modernization and EV electrification tailwinds.

TypeDirect peer
Description

North American leader in wire and cable manufacturing, producing building wire, utility cable, and industrial conductors. Comparable to ASTA in copper-based conductor products for utility and transformer applications, though primarily serving the U.S. market rather than European OEMs.

TypeDirect peer
Description

French global cable manufacturer with a substantial portfolio in power cables and conductors for transformers, utilities, and data centre infrastructure. Competes with ASTA for the same downstream OEMs and shares the same secular demand drivers from grid modernization and electrification.

TypeDirect peer
Description

World's largest cable manufacturer, producing power cables, winding conductors, and specialty conductors for transformer and energy infrastructure applications. Directly competes with ASTA in copper-based conductors feeding the same transformer OEM customer base, with similar exposure to data centre and grid build-out demand.

Market position
Strengths4 records

Each record includes

Headline, Details, Source

Weaknesses4 records

Each record includes

Headline, Details, Source

Competitive moat4 records

Each record includes

Type, Details

Key risks5 records

Each record includes

Headline, Details, Source

Key highlights6 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Segment2 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile3 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
No
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Core technology
Revenue estimate
Valuation estimate
Number of profiles
No data
No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

ASTA

Copper Conductors and Electrical Componentsastagroup.com

ASTA Energy Solutions AG is a globally active Austrian manufacturer of copper-based conductors serving power transformer OEMs and data centre infrastructure customers. The company recently IPO'd on the Frankfurt Stock Exchange in January 2026 to fund capacity expansion.

What ASTA does

ASTA Energy Solutions AG is a globally active specialty industrial manufacturer of copper-based solutions, with roots tracing to 1814 in Wiener Neustadt, Austria. The company produces copper conductors and related solutions for two end-uses: power transformers serving electricity generation, transmission, and distribution infrastructure, and data centres supporting the build-out of cloud and AI compute capacity. Its product portfolio is unified around copper metallurgy and conductor engineering for these two segments.

The company derives revenue through the manufacture and sale of hardware (copper-based components) to industrial OEM customers, including transformer manufacturers and, increasingly, data centre infrastructure buyers. ASTA operates at a meaningful industrial scale (1,001-5,000 employees) with a global footprint and supplies into both domestic and international markets. Its go-to-market is B2B industrial OEM sales, with revenue mechanics tied to long-cycle infrastructure capex rather than subscription or consumption pricing.

In January 2026, ASTA completed its IPO on the Frankfurt Stock Exchange (Prime Standard), placing approximately 6.45 million shares at EUR 29.50 and raising approximately EUR 190 million (with full greenshoe exercise), of which ~EUR 125 million was gross primary proceeds for the company. The company subsequently signed a long-term supply agreement with Prolec GE Vernova in February 2026. IPO proceeds are being deployed into capacity expansion to address surging demand for transformers and specialized conductors.

ASTA firmographics

Firmographics
Name
ASTA
Legal name
ASTA Energy Solutions AG
Website
https://astagroup.com
Company type
Public
Founded year
1814
Operating status
Ipo
Headcount range
1,001–5,000 employees
Short description
ASTA Energy Solutions AG is a globally active Austrian manufacturer of copper-based conductors serving power transformer OEMs and data centre infrastructure customers. The company recently IPO'd on the Frankfurt Stock Exchange in January 2026 to fund capacity expansion.
Ownership category
akta.pro rank

ASTA industry classification

Industry
Product category
Copper Conductors and Electrical Components
NAICS
Electrical Equipment Manufacturing (3353), Electric Power Generation (22111)
SIC
Industrial Instruments For Measurement, Display, And Control (3823), Cogeneration Services & Small Power Producers (4991)
akta.pro primary industry
Energy Management Systems & Plant Controllers (PPC, AGC Participation, Curtailment Control) (EUAMAIAI)

Keywords

  • Copper conductors manufacturing
  • Power transformer components
  • Data centre infrastructure
  • Electrical transmission equipment
  • E-mobility copper solutions

Where ASTA is headquartered

Location

Headquarters

HQ city
Wiener Neustadt
HQ country
Austria
HQ region
Europe

Markets served

ASTA business model

Business model
GTM type
B2B
Offering type
Hardware or Manufacturing
Cost components
Supply Chain, Operations, Personnel, Technology or R&D, Infrastructure

Revenue model

  1. Copper-based solutions manufacturing and sales: ASTA Energy Solutions AG operates as a globally active producer of copper-based solutions for transformers and data centres. The company generates revenue through the manufacture and sale of copper-based products, with a recent IPO on the Frankfurt Stock Exchange (Prime Standard) indicating access to public capital markets for growth and expansion.

ASTA product offering

Product offering

Core offering

ASTA Energy Solutions AG is a globally active manufacturer of copper-based solutions serving two primary segments: power transformers and data centres. The company produces specialized copper conductors and components designed to meet surging demand for transformers and data centre infrastructure in domestic and global markets. Following its January 2026 IPO on the Frankfurt Stock Exchange, ASTA is expanding capacity to address growing volume and earnings expectations in the electrical power equipment sector.

Product overview

ASTA Energy Solutions AG is a globally active producer of copper-based solutions serving two primary segments: transformers and data centres. The company operates as a unified product portfolio focused on copper-based solutions, with its IPO on the Frankfurt Stock Exchange in January 2026 marking its public market debut after raising approximately EUR 190 million.

Differentiator

Problem solved

Functional benefit

Products and services

  • Copper-based Solutions for Transformers Copper-based conductors and components specifically designed for power transformers, serving manufacturers and operators in domestic and global markets facing surging demand for transformers and specialized conductors.
  • Copper-based Solutions for Data Centres Copper-based solutions tailored for data centre applications, supplying infrastructure components to the rapidly growing data centre sector globally.

Companies that use ASTA

Customer profile

Segments2 records

Ideal customer profiles3 records

ASTA technology and API

Technology

Technology focussed No

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

ASTA partnerships and signals

Strategic signal

Partnerships

One partnership is on record.

  • Prolec GE VernovacoreStrategic or Co-development Partner · 19 February 2026Asta Energy Solutions AG entered into a long-term agreement with Prolec GE Vernova, a significant strategic partnership in the energy solutions sector. This long-term agreement positions Asta as a key supplier to Prolec GE Vernova's operations, likely involving the supply of copper-based solutions for transformers and related energy infrastructure.

Scale indicators6 records

Recent moves6 records

Expansion highlights5 records

ASTA competitors and assessment

Company assessment

Direct peers

  • Leoni AG: German manufacturer of wires, cables, and wiring systems serving industrial, energy, and e-mobility applications. Competes with ASTA in specialty copper conductors and shares exposure to e-mobility and energy infrastructure end markets, with comparable European manufacturing footprint.
  • Wieland Group: Austrian/German specialist in copper and copper-alloy products including conductors, strips, and components used in transformers and electrical infrastructure. Highly comparable to ASTA on product (copper-based conductor offerings), customer base (transformer OEMs), and geography (Austrian/German manufacturing heritage).
  • Furukawa Electric: Japanese manufacturer of electrical wires, cables, and conductors serving power transmission, telecommunications, and energy infrastructure. Competes with ASTA in copper conductors for transformer and power applications, with comparable exposure to grid build-out demand in major economies.
  • KME Group: European (Italian/German) copper products manufacturer producing copper and copper-alloy rods, wires, strips, and conductors for electrical and industrial applications. Direct competitor to ASTA in copper-based conductor manufacturing for transformers and energy infrastructure, with similar European manufacturing base and transformer OEM customer focus.
  • LS Cable & System: Korean global cable and conductor manufacturer with significant presence in power cables, transformer windings, and energy infrastructure products. Directly competes with ASTA in copper-based conductors for power and distribution transformers and shares data centre / renewable interconnection demand drivers.
  • Sumitomo Electric Industries: Japanese manufacturer of electric wires, cables, and specialty conductors serving power infrastructure, automotive (e-mobility), and industrial markets. Overlaps with ASTA in copper-based winding conductors and shares exposure to grid modernization and EV electrification tailwinds.
  • Southwire Company: North American leader in wire and cable manufacturing, producing building wire, utility cable, and industrial conductors. Comparable to ASTA in copper-based conductor products for utility and transformer applications, though primarily serving the U.S. market rather than European OEMs.
  • Nexans: French global cable manufacturer with a substantial portfolio in power cables and conductors for transformers, utilities, and data centre infrastructure. Competes with ASTA for the same downstream OEMs and shares the same secular demand drivers from grid modernization and electrification.
  • Prysmian Group: World's largest cable manufacturer, producing power cables, winding conductors, and specialty conductors for transformer and energy infrastructure applications. Directly competes with ASTA in copper-based conductors feeding the same transformer OEM customer base, with similar exposure to data centre and grid build-out demand.

Broad incumbents

  • Hitachi Metals (Proterial): Japanese specialty materials producer (now Proterial) with broad offerings in electrical materials, magnetic materials, and conductors for transformers and power infrastructure. Comparable to ASTA in copper-based conductor products but operates a much wider portfolio across multiple materials categories, serving as a broader incumbent in the same space.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

ASTA financial estimates

Financial estimate

Revenue estimate

Valuation estimate

ASTA leadership team

Management profile

Number of profiles

ASTA funding detail

Funding detail

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

ASTA M&A and investment

M&A and investment

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about ASTA

What does ASTA do?

ASTA Energy Solutions AG is a globally active manufacturer of copper-based solutions serving two primary segments: power transformers and data centres. The company produces specialized copper conductors and components designed to meet surging demand for transformers and data centre infrastructure in domestic and global markets. Following its January 2026 IPO on the Frankfurt Stock Exchange, ASTA is expanding capacity to address growing volume and earnings expectations in the electrical power equipment sector.

Is ASTA a public or private company?

ASTA is a public company. It is classified as public and is currently ipo.

When was ASTA founded?

ASTA was founded in 1814. It employs 1,001 to 5,000 people.

Where is ASTA based?

ASTA is headquartered in Wiener Neustadt, Austria, in the Europe region.

How does ASTA make money?

One revenue line is on record: copper-based solutions manufacturing and sales.

Who are ASTA's main competitors?

Direct peers on record are Leoni AG, Wieland Group, Furukawa Electric, KME Group, LS Cable & System, Sumitomo Electric Industries, Southwire Company, Nexans and Prysmian Group. Hitachi Metals (Proterial) is listed as a broad incumbent.

Does ASTA have an API?

No public API is recorded for ASTA.

What industry is ASTA in?

ASTA's product category is Copper Conductors and Electrical Components. Its primary akta.pro industry code is EUAMAIAI, Energy Management Systems & Plant Controllers (PPC, AGC Participation, Curtailment Control). Its NAICS code is 3353 and its SIC code is 3823.

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Live signals
FinanzNachrichten.deEQS-News: ASTA Energy Solutions AG: ETV Montana Tech Holding GmbH platziert erfolgreich 500.000 Aktien der ASTA Energy Solutions AGETV Montana Tech Holding GmbH successfully placed 500,000 ASTA Energy Solutions AG shares at EUR 60 each, raising proceeds to partially fund an earn-out obligation. The free float rose to about 42.9%, while ETV and Makra remain majority shareholders with 51.2% combined. Settlement is expected on 2 October 2026.FinanzNachrichten.deEQS-News: ASTA Energy Solutions AG: ETV Montana Tech Holding GmbH und Makra GmbH starten Platzierung von bis zu 500.000 bestehenden Aktien der ASTA Energy Solutions AGETV Montana Tech Holding GmbH and Makra GmbH will place up to 500,000 existing ASTA Energy Solutions AG shares with institutional investors, raising freefloat to about 42.9%. Proceeds will partly pay an earn-out obligation to Montana Aerospace AG, and the sellers will retain about 51.2% ownership.FinanzNachrichten.deASTA Energy Solutions: Gewinn mehr als verdoppeltASTA Energy Solutions reported that its adjusted EBITDA rose 54.2 percent to 37.0 million euros in the first half of 2026, while revenue increased 22.2 percent to 435.8 million euros. The article notes the full-year result was even stronger and frames the company as benefiting from surging demand for power to support AI data centers.Investing.comWhy is Asta Energy stock surging today? By Investing.comAsta Energy Solutions AG shares rose 6.6% to €58 after the company published its first-half 2026 report, which beat expectations. Net sales rose roughly 22% to €435.8 million, adjusted EBITDA jumped 54% to €37 million, and net profit more than doubled to €22.5 million. Management had already upgraded its full-year adjusted EBITDA target to €60–64 million on 18 August.Investing.comAsta Energy shares rally as H1 core profit jumps over 50% on strong demand By Investing.comAsta Energy Solutions AG shares rose about 8% Thursday after the Austrian copper products maker reported first-half core profit up roughly 50% year on year, driven by higher margins and higher sales volumes. Adjusted EBITDA rose 54.2% to €37.0 million, net sales climbed 22.2% to €435.8 million, and net profit jumped 125% to €22.5 million. The company raised its full-year adjusted EBITDA guidance to €60-64 million.CeelegalmattersSchoenherr Advises Underwriters on IPO of ASTA Energy Solutions AG in FrankfurtASTA Energy Solutions AG, a globally active producer of copper-based solutions for transformers and data centres, completed its IPO on the Frankfurt Stock Exchange (Prime Standard) on January 30, 2026, raising approximately EUR 190 million with full exercise of the greenshoe option. The placement of around 6.45 million shares at EUR 29.50 per share included newly issued shares from a capital increase and secondary shares from existing shareholders, generating gross primary proceeds of approximately EUR 125 million for the company. The free float following the offering is expected to be approximately 39%.BloombergStock Movers: Asta, Swatch, ExperianAstA Energy shares opened at €43 on the Frankfurt Stock Exchange on their first day of trading after the electrical power equipment firm completed a €165 million initial public offering, with the shares surging 46%. Swatch forecast strong growth for 2025 after the Swiss watchmaker saw a rebound in demand during the second half of the year, with shares rising as much as 7.5% in early Swiss trading. Experian announced a $1 billion share repurchase program, causing shares to rise as much as 3.9%, the most since July.AInvestAsta, GE Vernova Sign Long-Term Deal for High-Precision ComponentsGE Vernova extended its cooperation agreement with Austria's Asta, which will supply thousands of tons of continuously transposed conductors annually for large transformer manufacturing. The deal supports GE Vernova's energy transition goals, and the company reported Q2 2025 EPS of $1.86 and revenue growth of 11.1% year-over-year.PR NewswireXT.COM Lists ASTA On Its Platform In Innovation ZoneXT.COM has listed the ASTA utility token in its Innovation Zone, enabling users to trade it against USDT. This listing aims to expand ASTA's user base while providing XT.COM users with access to a payment platform focused on real-life utilities across healthcare, retail, and entertainment sectors.