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Aspen Aerogels Q2 Earnings Call Highlights
['Stacy Sanders']
Daily Political
Second-quarter revenue included $20.4 million from the Energy Industrial business and $29.5 million from Thermal Barrier.
Thoele said the company expects to continue recording incident-related expenses until the plant returns to full capacity.
Energy Industrial and Battery Storage Growth PlansAspen continues to target approximately 20% Energy Industrial revenue growth in 2026 and said it sees an opportunity to sustain a similar pace in 2027.
Young said Aspen is seeking to build Energy Industrial into a $200 million high-margin business without significant incremental capital investment.
About Aspen Aerogels (NYSE:ASPN)Aspen Aerogels, Inc, headquartered in Northborough, Massachusetts, develops and manufactures high-performance aerogel insulation materials and custom engineered solutions.