News & Events

Aspen Aerogels is Formed and Completes $4 Million Placement

Aspen Systems, Inc. of Marlborough, MA has completed the formation of a new subsidiary, Aspen Aerogels, Inc., to produce, market, and expand the product range of its aerogel technology. The new company concurrently closed a first round financing led by RockPort Capital Partners L. P.
Continue Reading →

Aspen Systems Completes Spin-Off of Aspen Aerogels

Aspen Systems, Inc. completed its spin-off of Aspen Aerogels, Inc. today by distributing to Aspen Systems holders of record, the pro rata amount of Aspen Aerogels common stock shares beneficially owned by Aspen Systems, Inc. The Internal Revenue Service has ruled that the distribution
Continue Reading →