Aspen Aerogels Enhances Financial Position with MidCap Credit Facility Amendment

Aspen Aerogels has amended its Credit, Security and Guaranty Agreement with MidCap Financial, enhancing its financial position and providing additional flexibility. The amendment includes updates to the company's financial covenant framework and is expected to support Aspen's strategy in 2026. Aspen's liquidity outlook is trending ahead of expectations, reflecting operational efficiencies, working capital improvements, and prudent capital spending.