Press Releases April 8, 2026 08:00 PM

Aspen Aerogels Provides Update on Incident at East Providence Facility

Aspen Aerogels Reports Incident at East Providence Manufacturing Facility; All Affected Employees Released from Medical Care

By Jordan Park
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Aspen Aerogels confirmed an incident at its East Providence, Rhode Island manufacturing facility resulting in 11 employees seeking medical evaluation. The site is secure, all employees have been released from care, and the company is investigating the cause while cooperating with authorities.

Aspen Aerogels Provides Update on Incident at East Providence Facility
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Key Points

  • Incident at East Providence facility prompted medical evaluation of 11 employees, all released safely.
  • Company is conducting a full investigation and cooperating with local authorities to determine the incident's cause.
  • Aspen Aerogels produces advanced aerogel insulation materials for sustainability, EV safety, and energy infrastructure markets.

NORTHBOROUGH, Mass., April 09, 2026 (GLOBE NEWSWIRE) -- Aspen Aerogels, Inc. (NYSE: ASPN) (“Aspen” or the "Company") today confirmed an incident occurred on the evening of April 8, 2026, at its manufacturing facility in East Providence, Rhode Island.

The site is secure and the situation is under control. Eleven employees were transported to local medical facilities for evaluation; all have since been released. The well-being of the Company’s team remains its top priority.

The Company is currently assessing the impact of the incident. Aspen has initiated a full investigation to determine the cause and is cooperating fully with local authorities. The Company will provide further updates as warranted.

About Aspen Aerogels, Inc.
Aspen is a technology leader in sustainability and electrification solutions. The Company's aerogel technology enables its customers and partners to achieve their own objectives around the global megatrends of resource efficiency, e-mobility and clean energy. Aspen's PyroThin® products enable solutions to thermal runaway challenges within the electric vehicle ("EV") market. The Company's Cryogel® and Pyrogel® products are valued by the world's largest energy infrastructure companies. Aspen's strategy is to partner with world-class industry leaders to leverage its Aerogel Technology Platform® into additional high-value markets. Aspen is headquartered in Northborough, Mass. For more information, please visit www.aerogel.com.

Investor Relations & Media Contacts:
Neal Baranosky
Phone: (508) 691-1111 x 8
nbaranosky@aerogel.com

Georg Venturatos / Patrick Hall
Gateway Group
ASPN@gateway-grp.com
Phone: (949) 574-3860


Risks

  • Potential operational disruptions at the East Providence facility may impact production and supply chain operations.
  • Uncertainty around the cause and extent of the incident could affect investor confidence and future financial performance.
  • Possible regulatory scrutiny or safety compliance costs arising from the incident investigation.

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