Aspen Aerogels, Inc.

Aspen Aerogels, Inc. is an aerogel technology company that designs, develops, manufactures, and sells aerogel materials for the energy industrial, sustainable insulation, and electric vehicle (EV) markets. The company operates through two segments: Thermal Barrier and Energy Industrial. Its products include PyroThin aerogel thermal barriers for EV battery packs, Pyrogel XTE for refineries and petrochemical facilities, Pyrogel HPS for high-temperature applications, Pyrogel XTF for fire protection, Cryogel Z for cryogenic applications, Spaceloft Subsea for offshore oil production, and Cryogel X201 for cold systems. These solutions serve customers in the United States, Canada, Asia, Europe, and Latin America.

Aspen Aerogels is listed on the New York Stock Exchange (NYSE) under the ticker symbol ASPN. Its financials are reported in US Dollars (USD), as the company is headquartered in the United States. The exchange and currency reflect its primary listing in the US equity market, making it accessible to investors trading on the NYSE.

Aspen Aerogels operates in the Industrials sector and specifically within the Building Products & Equipment industry. This classification reflects its focus on manufacturing advanced insulation materials and thermal barriers used in industrial, energy, and construction applications. The company's aerogel products are designed to improve energy efficiency and safety in buildings, refineries, and EV battery systems, aligning with the broader industrial and building products landscape.

Aspen Aerogels is headquartered in Northborough, Massachusetts, United States. The company serves a global customer base across the United States, Canada, Asia, Europe, and Latin America. Its products are used in diverse markets including energy industrial facilities, sustainable insulation for buildings, and electric vehicle battery packs. The company's international reach allows it to address thermal management needs in various climates and industrial environments worldwide.

Aspen Aerogels generates revenue by designing, manufacturing, and selling aerogel materials and thermal barrier products. Its business is organized into two segments: Thermal Barrier and Energy Industrial. The Thermal Barrier segment focuses on PyroThin aerogel thermal barriers for EV battery packs, serving EV manufacturers, automotive suppliers, lithium-ion battery makers, and e-mobility companies. The Energy Industrial segment offers products like Pyrogel XTE, Pyrogel HPS, Cryogel Z, Spaceloft Subsea, and Cryogel X201 for refineries, petrochemical facilities, offshore oil production, and cold systems. The company monetizes through direct sales and long-term supply agreements with industrial and automotive clients.