Welcome to our dedicated page for Aspen Aerogels news (Ticker: ASPN), a resource for investors and traders seeking the latest updates and insights on Aspen Aerogels stock.
Aspen Aerogels, Inc. (NYSE: ASPN) is frequently featured in corporate news for its role as a technology leader in sustainability, electrification solutions, and thermal management. The company’s news flow often centers on developments related to its aerogel technology platform, including product applications in the electric vehicle (EV) market and in large energy infrastructure projects.
Readers following ASPN news can expect regular updates on quarterly and annual financial results, where Aspen discusses segment performance in its Energy Industrial and Thermal Barrier businesses, as well as non‑GAAP metrics such as Adjusted EBITDA. These releases are typically accompanied by details on cost structure initiatives, capital expenditure plans, and commentary on market conditions in EV and energy infrastructure.
Aspen’s news also covers strategic and operational milestones, such as amendments to its MidCap credit facility, restructuring actions, and updates on liquidity and working capital. Executive leadership changes, including CFO transitions and new senior appointments like the Chief Administrative Officer, are disclosed through press releases and corresponding Form 8‑K filings.
In addition, Aspen regularly announces its participation in investor conferences and industry events, where management presents the company’s outlook on resource efficiency, e‑mobility, clean energy, and adjacent electrification and energy storage opportunities. Product‑related news may highlight contracts or awards for PyroThin thermal barrier solutions in EV programs and references to LNG and subsea project opportunities for Cryogel and Pyrogel in the Energy Industrial segment.
For investors and analysts, the ASPN news stream provides context on how Aspen’s aerogel technology platform is being applied across markets, how management is addressing financial and operational priorities, and how external factors in EV and energy infrastructure are influencing the company’s business. Bookmarking this page allows for efficient access to Aspen’s latest press releases and related regulatory disclosures.
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Aspen Aerogels, Inc. (NYSE: ASPN) will participate in the 2nd Annual Cowen Mobility Disruption Conference on March 2, 2022. Key executives, including CEO Donald R. Young and CFO John F. Fairbanks, will be present for one-on-one meetings with institutional investors. A fireside chat hosted by Cowen analyst Jeffrey Osborne will feature Don Young at 9:00 a.m. ET on the same day. Interested parties can register for the live webcast and access a replay thereafter on Aspen's website.
Aspen Aerogels (ASPN) reported a 21% revenue growth in 2021, totaling $121.6 million, but faced a net loss of $37.1 million. Q4 revenue was $31.5 million, up from $23.0 million a year prior, yet net loss increased to $16.4 million from $6.2 million. The company anticipates 2022 revenue between $145 million and $155 million, with a projected loss of $66.7 million to $70.7 million. Aspen is expanding its manufacturing capabilities in Georgia, aiming for $1.35 billion in annual revenue capacity. They expect to double revenue by 2023 and triple it by 2025.
Aspen Aerogels announced a $150 million investment from Koch Strategic Platforms to enhance its aerogel thermal barrier growth. This investment includes $100 million in convertible notes with an initial conversion price of $34.94 per share and $50 million from the purchase of 1,791,986 shares of common stock at $27.90 each. The notes mature on February 18, 2027, and interest will be based on SOFR plus either 5.5% or 6.5%. The investment aims to support Aspen's operations and expand its market presence in sustainability-related sectors.
Aspen Aerogels (ASPN) plans to invest $325 million in a new advanced manufacturing facility in Bulloch County, Georgia, creating over 250 jobs. The facility aims to triple Aspen's aerogel production capacity to meet growing demand in the electric vehicle market. Production is expected to start in late 2023, complementing its existing Rhode Island plant. Aspen's innovative thermal barrier solutions, such as PyroThin®, are crucial for the EV sector, addressing thermal management and safety needs. The project highlights Georgia's expanding role in the electric mobility sector.
Aspen Aerogels (ASPN) will announce its fourth quarter and fiscal year 2021 results on February 17, 2022, after market close. A conference call led by CEO Don Young and CFO John Fairbanks is scheduled for the same day at 5:00 p.m. EST. Interested parties can participate by dialing 844-200-6205 or attending the live webcast on Aspen's website. The company focuses on sustainability and advanced aerogel technologies for electric vehicles and energy storage, as well as providing energy-efficient building materials.
Aspen Aerogels (NYSE: ASPN) has announced the retirement of CFO John F. Fairbanks, effective April 1, 2022, after 15 years of service. He will be succeeded by Chief Strategy Officer Ricardo C. Rodriguez, who brings extensive experience in the automotive sector. The company also highlighted recent senior leadership appointments, aiming to capitalize on growth opportunities in the electric vehicle market. President Don Young emphasized Aspen's dynamic position and ongoing recruitment of top talent to support its strategic goals in sustainability and electrification.
Aspen Aerogels, Inc. (NYSE: ASPN), a leader in sustainability technology, will participate in two upcoming investor conferences: the 24th Annual Needham Growth Conference on January 12, 2022, and the R.W. Baird 2022 Vehicle Technology & Mobility Conference on January 25, 2022. CEO Donald R. Young and CFO John F. Fairbanks will host one-on-one meetings with investors at both events. Aspen's innovative products, including PyroThin® thermal barriers and Spaceloft® building materials, focus on enhancing energy efficiency and supporting electric vehicle technology.
Aspen Aerogels (NYSE: ASPN) announced the termination of its supply arrangement with BASF Polyurethanes, previously detailed in its Form 10-Q and updated on December 27, 2021. Aspen will now independently commercialize its Spaceloft® A2 insulation product, targeting the sustainable building materials market. The product emphasizes thermal management and fire safety, essential in sectors like electric vehicles and energy infrastructure. Aspen's President and CEO expressed optimism about their revenue momentum heading into 2022.
Aspen Aerogels, a leader in sustainability technology, will participate in two virtual investor events in December 2021. The first is the Seaport Research Energy & Industrials: Transformation & Sustainability Conference on December 14, featuring one-on-one meetings and a Fireside Chat with President & CEO Donald R. Young and CFO John F. Fairbanks. The second event is the Water Tower Research Fireside Chat Series on December 16, where Young and CTO George L. Gould will discuss Aspen's Aerogel Technology Platform. Presentation materials are available on the company's website.
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