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) delivers cutting-edge aerogel insulation solutions for energy efficiency and safety across industries. This page provides a centralized source for official company announcements, financial updates, and strategic developments.
Investors and industry professionals will find timely updates on ASPN's innovations in thermal barrier systems, energy industrial applications, and sustainability initiatives. Key content includes earnings reports, product launches (such as PyroThin® for EV battery safety), partnership announcements, and advancements in aerogel technology.
Regularly updated with verified information, this resource enables stakeholders to track ASPN's progress in sectors like electric vehicles, oil and gas, and aerospace. Bookmark this page or check back frequently to stay informed on critical developments affecting Aspen Aerogels' market position and technological leadership.
Aspen Aerogels reported a 26% increase in third quarter revenue, totaling $30.4 million, up from $24.2 million year-over-year. However, the company faced a net loss of $7.8 million, compared to $6.8 million in the same quarter last year. For the first nine months of 2021, total revenue rose to $90.1 million, while the net loss grew to $20.7 million. Aspen has raised its full-year revenue outlook to between $122 million and $128 million, driven by growth in the EV thermal barrier and energy markets.
Aspen Aerogels, Inc. (NYSE: ASPN) will announce its third quarter results for the period ending September 30, 2021, on October 28, 2021, after market close. The company will conduct a conference call at 5:00 p.m. ET on the same day, featuring CEO Don Young and CFO John Fairbanks. Interested parties can participate by calling 844-200-6205 or via an online webcast on Aspen's website. A replay of the call will be available for one year on their site.
Aspen Aerogels, Inc. (NYSE: ASPN) will participate in the Cowen 14th Annual Global Transportation & Sustainable Mobility Conference on September 8, 2021, at 12:00 p.m. Eastern Time. The event will feature CEO Donald R. Young and CFO John F. Fairbanks. Interested parties can register for the live audio webcast here or on Aspen's website. The conference highlights Aspen's commitment to sustainability through its innovative aerogel technologies, which enhance efficiency in sectors like electric vehicles and construction.
Aspen Aerogels (NYSE: ASPN) will join the 41st Annual Canaccord Genuity Growth Conference virtually on August 11, 2021, at 8:30 a.m. ET. CEO Donald R. Young and CFO John F. Fairbanks will represent the company in a fireside chat. Following the presentation, a replay will be available on the Aspen Aerogels website. Aspen is recognized for its aerogel technology, which supports sustainability initiatives in the electric vehicle market and energy efficiency in buildings. For more details, visit www.aerogel.com.
Aspen Aerogels reported Q2 2021 revenue of $31.7 million, up 29% year-over-year from $24.6 million. Despite revenue growth, the net loss widened to $6.7 million compared to last year's $5.7 million. For H1 2021, total revenue reached $59.8 million, an increase from $53.1 million in H1 2020, while net loss increased to $12.9 million from $8.9 million. The company ended Q2 with cash of $102.3 million and is focused on expanding its PyroThin™ thermal barrier business, projecting cumulative revenue potential growth of 30% to $1.3 billion through 2030.
Aspen Aerogels, Inc. (ASPN) has scheduled its second-quarter 2021 earnings release for July 29, 2021, after market close. CEO Don Young and CFO John Fairbanks will discuss the results during a conference call at 5:00 p.m. ET. Interested parties can join the call by dialing the provided numbers or through a live webcast on the company's website. Aspen Aerogels focuses on sustainability and innovative aerogel technologies, catering to e-mobility, clean energy, and thermal runaway challenges in electric vehicles.
Aspen Aerogels (NYSE: ASPN) announced a definitive securities purchase agreement to sell $75 million in common stock to Koch Strategic Platforms (KSP). Aspen will issue 3,462,124 shares at $21.663 per share, with the transaction expected to close on June 30, 2021. This investment aims to support Aspen's growth in high-value applications like electric vehicle thermal barriers and energy infrastructure products. Aspen's CEO expressed optimism about doubling revenue every two years through the upcoming decade.
Aspen Aerogels, Inc. (NYSE: ASPN) announced that CEO Donald R. Young will participate in the Water Tower Research Fireside Chat on June 10, 2021, at 3:00 p.m. ET. The chat, moderated by Shawn Severson, will focus on Aspen's growth opportunities in the Energy Infrastructure market. Participants can register for the live audio webcast or access a replay on Aspen's website. Aspen is recognized for its sustainable aerogel technology, which supports energy efficiency and clean energy goals across various industries, including electric vehicles.
Aspen Aerogels (NYSE: ASPN) will participate in a fireside chat at the 49th Annual Cowen Technology, Media & Telecom Conference on June 3, 2021, at 9:10 a.m. Eastern Time. The chat will feature President and CEO Donald R. Young and VP, CFO, and Treasurer John F. Fairbanks. Live audio registration is available here and on the Investors section of Aspen’s website. A replay will be available post-event.
Aspen Aerogels (NYSE: ASPN) will present at the 16th Annual Needham Technology & Media Conference on May 20, 2021, at 2:15 p.m. Eastern Time. The presentation will be led by CEO Donald R. Young and CFO John F. Fairbanks. Interested parties can register for the live audio webcast here. A replay will be available on the company's Investors section of their website after the event.
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