Aspen Aerogels was named a 2025 General Motors Supplier of the Year for innovation in electric vehicle solutions.
Quiver AI Summary
Aspen Aerogels, Inc. has been recognized as a 2025 Supplier of the Year by General Motors during GM’s 34th annual Supplier of the Year awards, highlighting Aspen’s significant contributions to GM’s electric vehicle thermal management strategy. Aspen's President and CEO, Don Young, expressed pride in the award, which showcases the strength of their partnership with GM and the impact of their aerogel technology on enhancing battery performance in the automotive industry. GM's Senior Vice President, Shilpan Amin, emphasized that such recognitions reflect the importance of collaborative innovation and performance from suppliers that enable GM to deliver high-quality vehicles. The Supplier of the Year awards honor global suppliers for performance in various critical areas, with the Overdrive Award given to those exceeding expectations in innovation and alignment with GM's values.
Potential Positives
- Aspen Aerogels has been recognized as a 2025 General Motors Supplier of the Year, which highlights the company's innovation and performance in supporting GM's electric vehicle thermal management strategy.
- This award reflects the strength of Aspen's partnership with GM, indicating a solid and ongoing collaboration which can lead to further business opportunities.
- The recognition serves to enhance Aspen's reputation in the industry and may attract new clients looking for innovative sustainability and electrification solutions.
- The award underscores Aspen's commitment to advancing battery performance in the automotive industry as it transitions towards electrification, aligning with global sustainability trends.
Potential Negatives
- None
FAQ
What award did Aspen Aerogels receive from General Motors?
Aspen Aerogels was named a 2025 General Motors Supplier of the Year.
Why is Aspen recognized by General Motors?
Aspen's innovation in aerogel technology supports GM's electric vehicle thermal management strategy.
Who is the CEO of Aspen Aerogels?
Don Young is the President and CEO of Aspen Aerogels.
What is the significance of GM's Supplier of the Year award?
This award highlights outstanding performance, partnership, and innovation among GM suppliers.
Where is Aspen Aerogels headquartered?
Aspen Aerogels is headquartered in Northborough, Massachusetts.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$ASPN Revenue
$ASPN had revenues of $37.9M in Q1 2026. This is a decrease of -51.88% from the same period in the prior year.
You can track ASPN financials on Quiver Quantitative's ASPN stock page.
You can access data on ASPN stock through the Quiver Quantitative API.
$ASPN Hedge Fund Activity
We have seen 74 institutional investors add shares of $ASPN stock to their portfolio, and 153 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- INVESCO LTD. added 2,907,558 shares (+237.9%) to their portfolio in Q4 2025, for an estimated $8,228,389
- JACOBS LEVY EQUITY MANAGEMENT, INC added 1,078,666 shares (+769.9%) to their portfolio in Q1 2026, for an estimated $3,689,037
- PENN CAPITAL MANAGEMENT COMPANY, LLC removed 1,036,995 shares (-100.0%) from their portfolio in Q4 2025, for an estimated $2,934,695
- HRT FINANCIAL LP added 870,435 shares (+inf%) to their portfolio in Q1 2026, for an estimated $2,976,887
- OAKTOP CAPITAL MANAGEMENT II, L.P. added 774,149 shares (+17.6%) to their portfolio in Q1 2026, for an estimated $2,647,589
- DIMENSIONAL FUND ADVISORS LP removed 747,483 shares (-37.3%) from their portfolio in Q1 2026, for an estimated $2,556,391
- GAGNON SECURITIES LLC added 728,603 shares (+64.3%) to their portfolio in Q1 2026, for an estimated $2,491,822
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
$ASPN Price Targets
Multiple analysts have issued price targets for $ASPN recently. We have seen 3 analysts offer price targets for $ASPN in the last 6 months, with a median target of $4.0.
Here are some recent targets:
- David Anderson from Barclays set a target price of $4.0 on 05/11/2026
- Itay Michaeli from TD Cowen set a target price of $6.0 on 02/26/2026
- Chip Moore from Roth Capital set a target price of $3.0 on 02/26/2026
Full Release
NORTHBOROUGH, Mass., June 03, 2026 (GLOBE NEWSWIRE) -- Aspen Aerogels, Inc. (NYSE: ASPN) (“Aspen” or the “Company”), a technology leader in aerogel-based sustainability and electrification solutions, today announced that it has been named a 2025 General Motors Supplier of the Year.
The recognition, presented as part of GM’s 34th annual Supplier of the Year awards, highlights Aspen’s innovation and its role in GM’s electric vehicle thermal management strategy.
“We are honored to receive a Supplier of the Year award from General Motors, adding to our Overdrive Award from a few years ago,” said Don Young, President and CEO. “This recognition reflects the ongoing strength of our relationship with GM and the dedication of the Aspen team. We are proud of the role our work continues to play in advancing battery performance as the automotive industry accelerates toward an electrified future.”
“Supplier of the Year is one of those key moments our whole team looks forward to every year because it highlights the partnerships behind every vehicle we build,” commented Shilpan Amin, Senior Vice President, Global Chief Procurement and Supply Chain Officer, General Motors. “The results our suppliers deliver throughout the entire product development cycle are central to our ability to deliver world-class vehicles to our customers. When our suppliers, such as Aspen Aerogels, lean in with us on new technology and flawless execution, we can move faster, compete harder and unlock more value across the entire supply chain.”
About GM’s Supplier of the Year Awards
In 2025, GM’s 34th annual Supplier of the Year and Overdrive awards recognize 103 suppliers spanning 14 countries. These suppliers deliver outstanding performance, partnership, and innovation in support of GM’s global operations. Awardees are selected by a global GM team based on performance across key categories such as safety, innovation, execution, resilience and customer support, along with their alignment to GM’s core values and strategic priorities.
Suppliers that truly exceed expectations receive the coveted Overdrive Award. This recognizes outstanding achievement across GM Global Purchasing & Supply Chain’s key priorities such as innovation, sustainability, resilience and relationships—above and beyond what’s already required to be named Supplier of the Year.
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
[email protected]
Georg Venturatos / Patrick Hall
Gateway Group
Phone: (949) 574-3860
[email protected]
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/94f4c1b5-11a3-40d4-95dc-8cdb590220ee