---
schema_version: "secwatch.filing_event.v1"
accession: "0001171843-24-005651"
form_type: "8-K"
ticker: "ASPN"
cik: "0001145986"
company_name: "ASPEN AEROGELS INC"
filed_at: "2024-10-16T23:59:59+00:00"
generated_at: "2026-05-30T13:36:12.652017+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Aspen Aerogels gets conditional DOE loan up to $670.6M for second plant; Q3 rev $117M

## Summary
- DOE conditional commitment for loan of up to $670.6M under Advanced Technology Vehicles Manufacturing program.
- Loan would fund remaining CAPEX for Register, GA plant; interest rate = U.S. Treasury Rate at draw.
- Register Plant expected to provide $1.2B-$1.6B incremental PyroThin thermal barrier revenue capacity.
- Q3 prelim: revenue ~$117M, net loss ~$13M (incl. $27.5M convertible note extinguishment charge), Adj. EBITDA ~$25M.
- Cash $113M as of Sep 30, 2024.

## SEC filing metadata
- accession: 0001171843-24-005651
- form_type: 8-K
- ticker: ASPN
- cik: 0001145986
- company_name: ASPEN AEROGELS INC
- filed_at: 2024-10-16T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 7.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1145986/000117184324005651/0001171843-24-005651-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1145986/000117184324005651/f8k_101624.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001171843-24-005651
- JSON: https://secwatch.observer/filing/0001171843-24-005651.json
- Plain text: https://secwatch.observer/filing/0001171843-24-005651.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.