Aspen Aerogels, Inc. (ASPN)
Aspen Aerogels, Inc. (ASPN) specializes in the development and manufacturing of aerogel-based insulation solutions. Known for their ultra-lightweight, high-performance thermal and acoustic insulation materials, they serve a variety of industries including energy, transportation, industrial, and building sectors. Their innovative aerogel products are used to improve energy efficiency and safety by providing superior insulation with a lower environmental footprint.
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Aspen Aerogels secures a DOE loan commitment to build a second aerogel plant in Georgia, expected to generate $1.2B-$1.6B in revenue and create 550 construction and 255 permanent jobs.
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