Headquartered in Northborough, MA Fiscal year ends December NYSE: ASPN aerogel.com
Aspen Aerogels is a technology company focused on sustainability and electrification solutions using its proprietary aerogel technology platform. The company operates in two segments: Thermal Barrier (PyroThin), which provides thermal runaway protection solutions for electric vehicle battery packs, and Energy Industrial, which serves energy infrastructure companies with its Cryogel and Pyrogel insulation products used in refineries, LNG facilities, and other industrial applications. Aspen's PyroThin products are designed to prevent thermal runaway propagation between battery cells in EVs, and the company partners with global automotive OEMs including Jaguar Land Rover. The company manufactures products at its East Providence, Rhode Island facility and through an external manufacturing partner, and is pursuing expansion of its European Thermal Barrier business while navigating evolving North American EV regulatory frameworks and incentive programs. Updated
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Aspen Aerogels is a technology company focused on sustainability and electrification solutions using its proprietary aerogel technology platform.
The Wall Street consensus 12-month price target for ASPN is $7.75.
