- Aspen originally filed for an IPO on June 24, 2011 with the intent of raising $115M on the NASDAQ exchange, later retracted the filing, possibly due to an unfortunate coincident global downturn in construction.
Aspen Aerogels, Inc. designs, develops, manufactures, and sells aerogel insulation products primarily for use in the energy infrastructure and sustainable insulation materials markets.
The company offers PyroThin thermal barriers for use in lithium-ion batteries in electric vehicles and energy storage industries; Pyrogel XTE that reduces the risk of corrosion under insulation in energy infrastructure operating systems; and Pyrogel HPS for applications within the power generation market.
The company was founded in 2001 and is headquartered in Northborough, Massachusetts.
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