Aspen Aerogels

Aspen Aerogels, Inc. engages in designing, developing, and manufacturing aerogel insulation used primarily in the energy infrastructure and building materials markets. Its products include Cryogel, Pyrogel, and Spaceloft. The company was founded by Hamed S. Borhanian, Patrick J. Piper, and Kang P. Lee in May 2001 and is headquartered in Northborough, MA.

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Aspen Aerogels reports record revenue and sets ambitious growth targets

Aspen Aerogels achieved record revenue in Q4 2022 and aims for significant growth in 2023.
The company's focus on thermal barrier products and strong financial partnerships position them well.
Challenges include uncertainties around General Motors' decisions and operational transitions.
Opportunities lie in expanding revenue capacity, advanced pricing discussions, and operational efficiency.

Aspen Aerogels reports strong Q1 growth, eyes EV market expansion

Aspen Aerogels' Q1 performance reflects solid revenue growth, strategic investments in EV thermal barriers, and ongoing cost management efforts to drive sustainable growth and profitability.
The company's strengths lie in diversified revenue streams, strong market positioning in the EV sector, and a focus on operational efficiency and quality standards to enhance competitiveness.
While facing challenges in achieving positive EBITDA and navigating regulatory uncertainties, Aspen Aerogels has ample opportunities for growth through EV market expansion, financing optimization, and strategic partnerships.
Overall, Aspen Aerogels' performance in Q1 sets a positive trajectory for future growth, with a clear focus on innovation, operational excellence, and maximizing shareholder value.

Aspen Aerogels reports strong Q2 earnings, eyes EV design wins

Aspen Aerogels' Q2 2023 earnings call highlighted strong financial performance, emphasis on profitability, and confidence in securing design wins with EV OEMs. The company faces challenges in revenue constraints and balancing production timelines but sees opportunities in securing OEM contracts and pursuing LNG projects.

Aspen Aerogels achieves record Q3 revenue, eyes future growth opportunities

Aspen Aerogels reported strong Q3 performance with record revenue and improved outlook for 2023, focusing on profitability and shareholder value.
The company is strategically positioning itself for growth, with a clear roadmap towards $550 million annual revenue and ongoing advancements in technology.
Challenges include delays in integrating products and managing growth, but opportunities lie in new customer acquisitions and revenue expansion.
Overall, Aspen Aerogels is optimistic about future prospects, with a strong foundation in place for continued success and innovation.

Aspen Aerogels (ASPN) reports record revenue and strategic growth focus

Aspen Aerogels (ASPN) reported strong Q4 2023 performance with record revenue and a focus on EV market positioning and profitability goals.
The company faces challenges in material shipments, maintaining margins amidst costs, and ensuring inventory management for sustained growth.
Opportunities include progressing silicon anode activities, additional OEM launches, capacity expansions, and DOE loan potential for growth.
Overall, Aspen Aerogels showcases financial stability, strategic foresight, and market responsiveness in pursuit of growth and profitability.

Aspen Aerogels reports robust Q1 performance and raises 2024 outlook

Aspen Aerogels delivered strong financial performance, raising revenue and adjusted EBITDA outlook for 2024.
The company's focus on operational efficiency, customer relationships, and innovative solutions positions it well for future growth.
Challenges in capacity constraints and gross margin trajectory require careful management to sustain growth momentum.
Opportunities in battery pack designs, OEM collaborations, and Plant II restart offer avenues for expansion and revenue enhancement.

Aspen Aerogels excels in Q3, raises outlook and secures funding

Aspen Aerogels delivered impressive Q3 results, raising revenue outlook and securing significant funding for expansion. The company's focus on profitability and financial strength positions them well for future growth despite existing uncertainties.

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Aspen Aerogels, Inc. (ASPN) CEO Don Young on Q4 2021 Results - Earnings Call Transcript

Aspen Aerogels (ASPN) delivered earnings and revenue surprises of -66.67% and 11.86%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?

Aspen Aerogels (ASPN) Reports Q4 Loss, Lags Revenue Estimates

NORTHBOROUGH, Mass., Feb. 17, 2022 /PRNewswire/ -- Aspen Aerogels, Inc. (NYSE: ASPN) ("Aspen" "the Company"), a technology leader in sustainability and electrification solutions, today announced financial results for the fourth quarter and full year 2021, which ended December 31, 2021, and discussed recent business developments.

Aspen Aerogels, Inc. Reports Fourth Quarter and Fiscal 2021 Financial Results and Recent Business Developments

NORTHBOROUGH, Mass., Feb. 17, 2022 /PRNewswire/ -- Aspen Aerogels, Inc. (NYSE: ASPN) ("Aspen", the "Company"), a technology leader in aerogel-based sustainability and electrification solutions, today announced that Koch Strategic Platforms ("KSP"), a subsidiary of Koch Investments Group, has agreed to make a $150 million investment in Aspen through the purchase of convertible notes and common stock to support the Company's aerogel thermal barrier growth opportunities.

Aspen Aerogels Announces $150 Million Investment from Koch Strategic Platforms

NORTHBOROUGH, Mass., Feb. 17, 2022 /PRNewswire/ -- Aspen Aerogels, Inc. (NYSE: ASPN) ("Aspen", the "Company"), a technology leader in aerogel-based sustainability and electrification solutions, plans to construct an advanced manufacturing facility at Bulloch County's Southern Gateway Commerce Park.

Aspen Aerogels to Open Advanced Manufacturing Facility in Bulloch County

Aspen Aerogels (ASPN) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

All You Need to Know About Aspen Aerogels (ASPN) Rating Upgrade to Buy

Aspen Aerogels (ASPN) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Earnings Preview: Aspen Aerogels (ASPN) Q4 Earnings Expected to Decline

Aspen Aerogels (ASPN) has become technically an oversold stock now, which implies exhaustion of the heavy selling pressure on it. This, combined with strong agreement among Wall Street analysts in revising earnings estimates higher, indicates a potential trend reversal for the stock in the near term.

Down 37.6% in 4 Weeks, Here's Why You Should You Buy the Dip in Aspen Aerogels (ASPN)

NORTHBOROUGH, Mass., Jan. 18, 2022 /PRNewswire/ -- Aspen Aerogels, Inc. (the "Company") (NYSE: ASPN) today announced that Don Young, Chief Executive Officer, and John Fairbanks, Chief Financial Officer, expect to discuss the Company's results for the fourth quarter and year ended December 31, 2021, during a conference call scheduled for Thursday, February 17, 2022, at 5:00 p.m.

Aspen Aerogels, Inc. Schedules Fourth Quarter and Fiscal Year 2021 Earnings Release and Conference Call for February 17, 2022

Down 20.2% in 4 Weeks, Here's Why You Should You Buy the Dip in Aspen Aerogels (ASPN)

NORTHBOROUGH, Mass., Jan. 13, 2022 /PRNewswire/ -- Aspen Aerogels, Inc. (NYSE: ASPN) ("Aspen", the "Company"), a technology leader in sustainability and electrification solutions, today announced the retirement plans of the Company's CFO.

Aspen Announces CFO Retirement Plan and Strategic Leadership Appointments

NORTHBOROUGH, Mass. , Jan. 5, 2022 /PRNewswire/ -- Aspen Aerogels, Inc. (NYSE: ASPN) ("Aspen", the "Company"), a technology leader in sustainability solutions, today announced that the Company is scheduled to participate in the following investor conferences: (i) 24th Annual Needham Growth Conference and (ii) R.W.

Aspen Aerogels, Inc. to Present at Upcoming Investor Conferences

NORTHBOROUGH, Mass., Dec. 29, 2021 /PRNewswire/ -- Aspen Aerogels, Inc. (NYSE: ASPN) ("Aspen", the "Company"), a technology leader in sustainability solutions, provided an update on the termination of its supply arrangement with BASF Polyurethanes ("BASF"), which was previously disclosed in Aspen's Form 10-Q filed November 4, 2021 and updated in a Form 8-K filing by the Company dated December 27, 2021.

Aspen Aerogels Provides Update on BASF Supply Arrangement

NORTHBOROUGH, Mass., Dec. 10, 2021 /PRNewswire/ -- Aspen Aerogels, Inc. (NYSE: ASPN) ("Aspen", "the Company"), a technology leader in sustainability and electrification solutions, today announced that the Company is scheduled to participate in the following investor events in December: (i) the Seaport Research Energy & Industrials: Transformation & Sustainability Conference and (ii) the Water Tower Research Fireside Chat Series.

Aspen Aerogels to Participate in December Investor Conferences

Aspen Aerogels' (ASPN) CEO Don Young on Q3 2021 Results - Earnings Call Transcript

Aspen Aerogels (ASPN) delivered earnings and revenue surprises of -40.00% and 9.00%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?

Aspen Aerogels (ASPN) Reports Q3 Loss, Tops Revenue Estimates

NORTHBOROUGH, Mass., Oct. 28, 2021 /PRNewswire/ -- Aspen Aerogels, Inc. (NYSE: ASPN) ("Aspen") today announced financial results for the third quarter and first nine months of 2021, which ended September 30, 2021, and discussed recent business developments.

Aspen Aerogels, Inc. Reports Third Quarter 2021 Financial Results and Recent Business Developments

NORTHBOROUGH, Mass., Sept. 29, 2021 /PRNewswire/ -- Aspen Aerogels, Inc. (the "Company") (NYSE: ASPN) today announced that Don Young, Chief Executive Officer, and John Fairbanks, Chief Financial Officer, expect to discuss the Company's results for the third quarter ended September 30, 2021, during a conference call scheduled for Thursday, October 28, 2021, at 5:00 p.m.

Aspen Aerogels, Inc. Schedules Third Quarter 2021 Earnings Release and Conference Call for October 28, 2021

NORTHBOROUGH, Mass., Sept. 1, 2021 /PRNewswire/ -- Aspen Aerogels, Inc. (NYSE: ASPN) ("Aspen") today announced that it will participate in a fireside chat at the Cowen 14th Annual Global Transportation & Sustainable Mobility Conference to be held virtually this year.

Aspen Aerogels to Participate in a Fireside Chat at the Cowen 14th Annual Global Transportation & Sustainable Mobility Conference

NORTHBOROUGH, Mass., Aug. 5, 2021 /PRNewswire/ -- Aspen Aerogels, Inc. (NYSE: ASPN) ("Aspen") today announced that it will participate in a fireside chat at the 41st Annual Canaccord Genuity Growth Conference to be held virtually this year.

Aspen Aerogels to Participate in a Fireside Chat at the Canaccord Genuity 41st Annual Growth Conference

Aspen Aerogels, Inc. (ASPN) CEO Donald Young on Q2 2021 Results - Earnings Call Transcript

Shares of Aspen Aerogels (NYSE:ASPN) rose in after-market trading after the company reported Q2 results. Quarterly Results Earnings per share were down 9.52% over the past year to ($0.23), which beat the estimate of ($0.26).

Recap: Aspen Aerogels Q2 Earnings

NORTHBOROUGH, Mass., July 29, 2021 /PRNewswire/ -- Aspen Aerogels, Inc. (NYSE: ASPN) ("Aspen") today announced financial results for the second quarter and first half of 2021, which ended June 30, 2021, and discussed recent business developments.

Aspen Aerogels, Inc. Reports Second Quarter 2021 Financial Results and Recent Business Developments

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2021 has seen numerous difficulties across the market, with many of those that performed well in 2020 flatlining or worse. Some names continue to reach all-time highs, while others have failed to return to the highs seen in the first few months of the year.

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