Aspen Aerogels, Inc.

Aspen Aerogels, Inc. is a technology company specializing in the design, development, and manufacture of high-performance aerogel insulation materials and custom engineered solutions. Headquartered in Northborough, Massachusetts, the company's mission is to enable its customers and partners to achieve their objectives around global megatrends of resource efficiency, e-mobility, and clean energy. Aspen Aerogels aims to create compelling value through its unique technology by addressing some of the world's most challenging thermal management problems.

The company's product portfolio includes Pyrogel and Cryogel for energy industrial applications such as oil and gas, petrochemical, LNG, and subsea operations, as well as Spaceloft for building insulation and apparel. A significant area of focus is the electric vehicle (EV) market, where its PyroThin aerogel thermal barriers are utilized for battery thermal management. Aspen Aerogels serves a diverse range of market segments globally, leveraging its aerogel technology platform to provide solutions for energy conservation, asset protection, and safety.

Led by President and CEO Donald R. Young since November 2001, Aspen Aerogels maintains a position as a global leader in aerogel technology. Recent developments include an incident at its East Providence, Rhode Island manufacturing facility on April 8, 2026, which resulted in the facility being offline as of late April 2026. The company reported sharply lower revenue and significant losses for the fourth quarter and full year 2025, attributed to reduced EV-related demand and impairment charges, though it anticipates a $37.6 million settlement from General Motors in the first quarter of 2026.