{"success":true,"data":{"pressRelease":{"id":"3666","rtpr_id":"nGNXbhCk4n","ticker":"ASPN","exchange":"NYSE","all_tickers":["ASPN"],"title":"Aspen Aerogels Provides East Providence Facility Update","author":"Globe Newswire","published_at":"2026-04-21T20:30:00.248Z","article_body":"NORTHBOROUGH, Mass., April 21, 2026 (GLOBE NEWSWIRE) -- Aspen Aerogels, Inc.\n(NYSE: ASPN) (“Aspen” or the \"Company\") today provided an update on its\nmanufacturing facility in East Providence, Rhode Island.\n\nAs previously reported, an explosion occurred at Aspen’s manufacturing\nfacility in East Providence, Rhode Island on the evening of April 8, 2026. The\nexplosion damaged a portion of the facility’s production space and required\nthe temporary cessation of operations. The investigation into the cause of the\nincident is ongoing. Preliminary reports indicate the explosion originated in\na specific high-temperature oven. Eleven employees at the facility were\ntransported to local medical facilities for evaluation and were subsequently\nreleased.\n\nAs of April 21, 2026, the facility remains offline. The Company continues to\nwork with the relevant authorities to execute a plan to resume operations.\n\nThe Company maintains business interruption and property damage insurance and\nhas initiated the claims process with its insurance carriers.\n\nThe Company continues to analyze the potential impacts of the incident on the\nCompany’s business, operations and financial performance, and expects to\nprovide a further update in connection with its fiscal 2026 first quarter\nearnings release in early May.\n\nAbout Aspen Aerogels, Inc.\nAspen is a technology leader in sustainability and electrification solutions.\nThe Company's aerogel technology enables its customers and partners to achieve\ntheir own objectives around the global megatrends of resource efficiency,\ne-mobility and clean energy. Aspen's PyroThin® products enable solutions to\nthermal runaway challenges within the electric vehicle (\"EV\") market. The\nCompany's Cryogel® and Pyrogel® products are valued by the world's largest\nenergy infrastructure companies. Aspen's strategy is to partner with\nworld-class industry leaders to leverage its Aerogel Technology Platform®\ninto additional high-value markets. Aspen is headquartered in Northborough,\nMass. For more information, please visit www.aerogel.com.\n\nSpecial Note Regarding Forward-Looking and Cautionary Statements\nThis press release contains forward-looking statements within the meaning of\nSection 27A of the Securities Act of 1933, as amended, and Section 21E of the\nSecurities Exchange Act of 1934, as amended. These forward-looking statements\ninclude, but are not limited to, statements regarding the Company’s ongoing\ninvestigation of the incident at its manufacturing facility in East\nProvidence, Rhode Island; the extent and nature of the damage to the facility;\nthe Company’s work with the relevant authorities to execute a plan to resume\noperations at the facility; and the potential impacts of the incident on the\nCompany’s business, operations and financial performance. These statements\nare based on the Company’s current expectations and beliefs and are subject\nto a number of risks, uncertainties and assumptions that could cause actual\nresults to differ materially from those described in the forward-looking\nstatements, including the Company’s ability to resume operations at the\nfacility; the Company’s ability to manufacture the full array of its\nproducts at the facility and to meet expected customer demand; the Company’s\nability to mitigate any potential impacts on the Company’s business,\noperations and financial performance; as well as the risks described in the\nCompany’s Annual Report on Form 10-K for the fiscal year ended December 31,\n2025, and subsequent filings with the Securities and Exchange Commission. The\nCompany undertakes no obligation to update any forward-looking statements,\nwhether as a result of new information, future events or otherwise, except as\nrequired by law.\n\nInvestor Relations Contacts: \nNeal Baranosky \nPhone: (508) 691-1111 x 8 \nnbaranosky@aerogel.com\n\nGeorg Venturatos / Patrick Hall \nGateway Group \nPhone: (949) 574-3860\nASPN@gateway-grp.com\n\nMedia Contact:\nMike Raia\n(401) 340-9425\nmike@halfstreetgroup.com\n\n(https://www.globenewswire.com/NewsRoom/AttachmentNg/d9832b9e-3339-4760-9351-f988900fc3b9)\n\n\n\nGlobeNewswire, Inc. 2026","article_body_html":"","raw_payload":{"data":{"id":"nGNXbhCk4n","title":"Aspen Aerogels Provides East Providence Facility Update","author":"Globe Newswire","ticker":"ASPN","created":"2026-04-21T20:30:00.248Z","tickers":["ASPN"],"exchange":"NYSE","article_body":"NORTHBOROUGH, Mass., April 21, 2026 (GLOBE NEWSWIRE) -- Aspen Aerogels, Inc.\n(NYSE: ASPN) (“Aspen” or the \"Company\") today provided an update on its\nmanufacturing facility in East Providence, Rhode Island.\n\nAs previously reported, an explosion occurred at Aspen’s manufacturing\nfacility in East Providence, Rhode Island on the evening of April 8, 2026. The\nexplosion damaged a portion of the facility’s production space and required\nthe temporary cessation of operations. The investigation into the cause of the\nincident is ongoing. Preliminary reports indicate the explosion originated in\na specific high-temperature oven. Eleven employees at the facility were\ntransported to local medical facilities for evaluation and were subsequently\nreleased.\n\nAs of April 21, 2026, the facility remains offline. The Company continues to\nwork with the relevant authorities to execute a plan to resume operations.\n\nThe Company maintains business interruption and property damage insurance and\nhas initiated the claims process with its insurance carriers.\n\nThe Company continues to analyze the potential impacts of the incident on the\nCompany’s business, operations and financial performance, and expects to\nprovide a further update in connection with its fiscal 2026 first quarter\nearnings release in early May.\n\nAbout Aspen Aerogels, Inc.\nAspen is a technology leader in sustainability and electrification solutions.\nThe Company's aerogel technology enables its customers and partners to achieve\ntheir own objectives around the global megatrends of resource efficiency,\ne-mobility and clean energy. Aspen's PyroThin® products enable solutions to\nthermal runaway challenges within the electric vehicle (\"EV\") market. The\nCompany's Cryogel® and Pyrogel® products are valued by the world's largest\nenergy infrastructure companies. Aspen's strategy is to partner with\nworld-class industry leaders to leverage its Aerogel Technology Platform®\ninto additional high-value markets. Aspen is headquartered in Northborough,\nMass. For more information, please visit www.aerogel.com.\n\nSpecial Note Regarding Forward-Looking and Cautionary Statements\nThis press release contains forward-looking statements within the meaning of\nSection 27A of the Securities Act of 1933, as amended, and Section 21E of the\nSecurities Exchange Act of 1934, as amended. These forward-looking statements\ninclude, but are not limited to, statements regarding the Company’s ongoing\ninvestigation of the incident at its manufacturing facility in East\nProvidence, Rhode Island; the extent and nature of the damage to the facility;\nthe Company’s work with the relevant authorities to execute a plan to resume\noperations at the facility; and the potential impacts of the incident on the\nCompany’s business, operations and financial performance. These statements\nare based on the Company’s current expectations and beliefs and are subject\nto a number of risks, uncertainties and assumptions that could cause actual\nresults to differ materially from those described in the forward-looking\nstatements, including the Company’s ability to resume operations at the\nfacility; the Company’s ability to manufacture the full array of its\nproducts at the facility and to meet expected customer demand; the Company’s\nability to mitigate any potential impacts on the Company’s business,\noperations and financial performance; as well as the risks described in the\nCompany’s Annual Report on Form 10-K for the fiscal year ended December 31,\n2025, and subsequent filings with the Securities and Exchange Commission. The\nCompany undertakes no obligation to update any forward-looking statements,\nwhether as a result of new information, future events or otherwise, except as\nrequired by law.\n\nInvestor Relations Contacts: \nNeal Baranosky \nPhone: (508) 691-1111 x 8 \nnbaranosky@aerogel.com\n\nGeorg Venturatos / Patrick Hall \nGateway Group \nPhone: (949) 574-3860\nASPN@gateway-grp.com\n\nMedia Contact:\nMike Raia\n(401) 340-9425\nmike@halfstreetgroup.com\n\n(https://www.globenewswire.com/NewsRoom/AttachmentNg/d9832b9e-3339-4760-9351-f988900fc3b9)\n\n\n\nGlobeNewswire, Inc. 2026"},"type":"article","timestamp":"2026-04-21T20:30:00.287561732Z","server_sent_at_ms":1776803400287},"received_at":"2026-04-21T20:30:00.497Z","source_url":null},"analysis":null,"durationMs":null,"modelName":null}}