Aspen Aerogels, Inc. announced on January 28, 2025, that it reached an agreement to resolve its patent dispute with AMA S.p.A. and AMA Composites S.r.l. (collectively, 'AMA'). The settlement was reached before the Court of Genoa, Italy, concluding Aspen's legal action against AMA.
The legal action concerned the unauthorized sale of infringing aerogel insulation materials in Europe. This resolution signifies Aspen Aerogels' commitment to protecting its intellectual property rights globally and ensuring fair and lawful competition within the marketplace.
The settlement reinforces the value of Aspen Aerogels' proprietary technology and its efforts to safeguard its innovations in high-performance insulation solutions. This outcome allows the company to continue focusing on advancing energy-efficient solutions through its core business activities.
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