Aspen Aerogels, Inc. Receives Conditional Commitment for Proposed DOE Loan and Provides Q3 2024 Preliminary Financial Results
Aspen Aerogels, Inc. (ASPN)
Last aspen aerogels, inc. earnings: 4/30 04:15 pm
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US:NYSE Investor Relations:
ir.aerogel.com/investors/investors-home/default.aspx
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Source: PR Newswire
Proposed loan of up to $670.6 million would fund the remaining CAPEX needed to complete Company's second aerogel plantInterest rate at applicable U.S. Treasury Rate at the time of each cash drawPlant is expected to provide ~$1.2B - $1.6B of incremental PyroThin® thermal barrier revenue capacityProject financing structure, with Aspen Aerogels, Inc.'s subsidiary Aspen Georgia, LLC as the borrowerQ3 2024 revenue of $117 million drove $25 million of Adjusted EBITDANORTHBOROUGH, Mass., Oct. 16, 2024 /PRNewswire/ -- Aspen Aerogels, Inc. (NYSE: ASPN) ("Aspen" or the "Company"), a technology leader in sustainability and electrification solutions, today announced that it has received a conditional commitment from the U.S. Department of Energy ("DOE") for a proposed loan of up to $670.6 million (the "Loan") under the Advanced Technology Vehicles Manufacturing loan program within DOE's Loan Programs Office ("LPO") for financing the construction of its planned second aerogel manufacturing facilit
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- Aspen Aerogels, Inc. to Present at the Barclays 15th Annual Global Automotive and Mobility Tech Conference [Yahoo! Finance]Yahoo! Finance
- Aspen Aerogels, Inc. to Present at the Barclays 15th Annual Global Automotive and Mobility Tech ConferencePR Newswire
ASPN
Earnings
- 11/6/24 - Miss
ASPN
Sec Filings
- 11/19/24 - Form 8-K
- 11/12/24 - Form SC
- 11/12/24 - Form SC
- ASPN's page on the SEC website