Kallu
03-24

@Barcode：
$Aspen Aerogels(ASPN)$ I took my gains and added to my capital. What an 😇 🔺🅱️🆄🅻🅻🅸🆂🅷 Source: Stock Titan Aspen Aerogels (NYSE: ASPN) has received a conditional commitment from the U.S. Department of Energy for a proposed loan of up to $670.6 million to finance the construction of its second aerogel manufacturing facility in Register, Georgia. The loan, structured as project financing, would fully fund the remaining CAPEX needed to complete the plant. The Register Plant is designed to manufacture PyroThin® aerogel blankets, with an estimated revenue capacity of $1.2B - $1.6B. Additionally, Aspen announced Q3 2024 preliminary financial results, including revenue of approximately $117 million, a net loss of about $13 million, and Adjusted EBITDA of approximately $25 million. The company's cash and cash equivalents were approximately $113 million as of September 30, 2024. * * Conditional commitment for a $670.6 million DOE loan to fund the new manufacturing facility * New plant expected to provide $1.2B - $1.6B of incremental PyroThin® thermal barrier revenue capacity * Q3 2024 revenue of $117 million * Q3 2024 Adjusted EBITDA of $25 million * 277% year-over-year increase in Thermal Barrier revenue segment * Secured additional EV production contracts with six major OEMs in the US and Europe @Tiger_comments @TigerWire @TigerStars @TigerGPT @TigerPM @TigerPicks @Daily_Discussion
$Aspen Aerogels(ASPN)$ I took my gains and added to my capital. What an 😇 🔺🅱️🆄🅻🅻🅸🆂🅷 Source: Stock Titan Aspen Aerogels (NYSE: ASPN) has received a conditional commitment from the U.S. Department of Energy for a proposed loan of up to $670.6 million to finance the construction of its second aerogel manufacturing facility in Register, Georgia. The loan, structured as project financing, would fully fund the remaining CAPEX needed to complete the plant. The Register Plant is designed to manufacture PyroThin® aerogel blankets, with an estimated revenue capacity of $1.2B - $1.6B. Additionally, Aspen announced Q3 2024 preliminary financial results, including revenue of approximately $117 million, a net loss of about $13 million, and Adjusted EBITDA of approximately $25 million. The company's cash and cash equivalents were approximately $113 million as of September 30, 2024. * * Conditional commitment for a $670.6 million DOE loan to fund the new manufacturing facility * New plant expected to provide $1.2B - $1.6B of incremental PyroThin® thermal barrier revenue capacity * Q3 2024 revenue of $117 million * Q3 2024 Adjusted EBITDA of $25 million * 277% year-over-year increase in Thermal Barrier revenue segment * Secured additional EV production contracts with six major OEMs in the US and Europe @Tiger_comments @TigerWire @TigerStars @TigerGPT @TigerPM @TigerPicks @Daily_Discussion

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