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Aspen Aerogels

Aspen Aerogels

Manufacturing Facilities Owned Space, sq. ft.

143 K

FY, 2021

Revenue

$121.6 M

FY, 2021

Market Capitalization

$397.3 M

2022-09-20

Aspen Aerogels Summary

Company summary

Overview
Aspen Aerogels is an aerogel technology company that designs, develops, and manufactures aerogel materials used in the energy infrastructure, building materials, and electric vehicle markets. It offers Pyrogel solutions for high-energy piping, passive fire and corrosion under insulation protection; Cryogel Z against cold splash, jet fire, and acoustic attenuation in an ultrathin and lightweight package; Spaceloft solutions for thin, high-performance thermal insulation for building applications, as well as pipe-in-pipe applications in offshore oil production; PyroThin thermal barrier to provide passive fire protection at the cell, module, or pack level within lithium-ion battery system architectures.
Type
Public
Founded
2001
HQ
Northborough, MA, US | view all locations
Website
https://www.aerogel.com/
Cybersecurity rating
ESG rating
out of 100 | View all ESG data
Sectors

Key people

  • Donald R. Young

    Donald R. Young, President, Chief Executive Officer, Director

  • George L. Gould

    George L. Gould, Chief Technology Officer

  • Virginia H. Johnson

    Virginia H. Johnson, Chief Legal Officer, General Counsel and Corporate Secretary

  • Ricardo C. Rodriguez

    Ricardo C. Rodriguez, Senior Vice President, Chief Financial Officer and Treasurer

Operating MetricsView all

Product Shipped, square feet

35M
22.1%

FY, 2021

Patent Applications (Foreign)

136
61.9%

FY, 2021

Patent Applications (US)

45
55.2%

FY, 2021

LocationsView all

2 locations detected

  • Northborough, MA HQ

    United States

    30 Forbes Road, Building B

  • East Providence, RI

    United States

    3 Dexter Rd

Aspen Aerogels Financials

Summary financials

Revenue (Q2, 2022)
$45.6M
Gross profit (Q2, 2022)
($1.2M)
Net income (Q2, 2022)
($24.1M)
Cash (Q2, 2022)
$162.2M
EBIT (Q2, 2022)
($22.6M)
Enterprise value
$357.5M

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