About Aspen Aerogel
Aspen Aerogel is a company based in United States founded in 2001. Aspen Aerogel has raised $198.35 million across 42 funding rounds from investors including Koch Industries, BASF and GE Capital. The company has 554 employees as of December 31, 2024. Aspen Aerogel offers products and services including Pyrogel XTE, Pyrogel HPS, Cryogel Z, PyroThin, and Spaceloft Subsea. Aspen Aerogel operates in a competitive market with competitors including CleanFiber, AeroShield, Tecnoglass, Svenska Aerogel and KROSSLINKER, among others.
- Headquarter United States
- Employees 554 as on 31 Dec, 2024
- Stage Public
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Sectors
TechnologyEnergy & Utilities Chemicals & Materials
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Phone
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Website
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Social
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- Legal Name Aspen Aerogels, Inc.
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Annual Revenue
$452.7 M (USD)89.64as on Dec 31, 2024
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Net Profit
$13.38 M (USD)129.21as on Dec 31, 2024
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EBITDA
$89.36 M (USD)387.98as on Dec 31, 2024
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Total Equity Funding
$198.35 M (USD)
in 42 rounds
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Latest Funding Round
$75 M (USD), Post-IPO
Jul 01, 2021
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Investors
Koch Industries
& 14 more
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Employee Count
554
as on Dec 31, 2024
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IPO & Listings of Aspen Aerogel
Aspen Aerogel is a publicly listed company on the NYSE with ticker symbol ASPN in USA, operating in the Process industries sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of Aspen Aerogel
Aspen Aerogel offers a comprehensive portfolio of products and services, including Pyrogel XTE, Pyrogel HPS, Cryogel Z, PyroThin, and Spaceloft Subsea.
Insulation material for high-temperature energy applications.
Reduces downtime in power generation inspections.
Provides thermal performance for LNG facilities.
Enhances thermal management in e-mobility batteries.
Protects assets in subsea environments.
People of Aspen Aerogel
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Leadership Team
17 people
Sales and Marketing
10 people
Software Development Team
10 people
Senior Team
5 people
Product Management Team
4 people
Finance and Accounting
4 people
Human Resources and Administration
3 people
Manager Team
2 people
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Funding Insights of Aspen Aerogel
Aspen Aerogel has successfully raised a total of $198.35M across 42 strategic funding rounds. The most recent funding activity was a Post-IPO round of $75 million completed in July 2021. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in Aspen Aerogel
Aspen Aerogel has secured backing from 15 investors, including institutional and venture fund investors. Prominent investors backing the company include Koch Industries, BASF and GE Capital.
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High-risk energy technologies are funded through competitive grants.
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Stage-agnostic venture capital investments are made in US companies.
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Investment and partnership services for entrepreneurs in finance and growth support.
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Investor details for Aspen Aerogel
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Investments & Acquisitions by Aspen Aerogel
Investment portfolio details for Aspen Aerogel
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Financial Statements - Aspen Aerogel
Detailed financials for Aspen Aerogel
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Aspen Aerogel Comparisons
Peer comparison for Aspen Aerogel
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Competitors of Aspen Aerogel
Aspen Aerogel operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as CleanFiber, AeroShield, Tecnoglass, Svenska Aerogel and KROSSLINKER, among others.
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Cellulose insulation solutions are provided for facilities from recycled cardboard.
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Insulated window panes are provided using silica aerogel technology.
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Architectural glass and insulating products are manufactured for construction sectors.
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Advanced aerogel materials are developed for insulation and filtration.
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Aerogel insulation materials are manufactured for biopharma packaging.
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Detailed competitors of Aspen Aerogel
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Latest news on Aspen Aerogel
Complete news archive for Aspen Aerogel
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Frequently Asked Questions about Aspen Aerogel
Aspen Aerogel was founded in 2001.
Aspen Aerogel is headquartered in United States.
Aspen Aerogel is a funded company, having raised a total of $198.35M across 42 funding rounds to date.
As of Dec 31, 2024, the latest employee count at Aspen Aerogel is 554.
Annual revenue of Aspen Aerogel is $452.7M as on Dec 31, 2024.
Aspen Aerogel was founded in 2001 in the United States. Aerogel-based thermal insulation solutions are offered by the company for applications in energy conservation and asset protection. Operations focus on the materials sector, where innovative insulation products are developed and supplied to industrial and commercial clients. Services include customized solutions for various environments, emphasizing durability and efficiency in thermal management.
Aspen Aerogel's top competitors include AeroShield, Svenska Aerogel and KROSSLINKER.
Aspen Aerogel offers Pyrogel XTE, Pyrogel HPS, Cryogel Z, PyroThin, and Spaceloft Subsea.
Yes, Aspen Aerogel is publicly traded on NYSE under the ticker symbol ASPN.
Aspen Aerogel has 15 investors. Key investors include Koch Industries, BASF, GE Capital, European Union, and ATEL Capital Group.
The ticker symbol of Aspen Aerogel is ASPN on NYSE.