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Aspen Aerogels

Energy · Northborough, United States · Founded 2001 · IPO 2014

Enabling a more sustainable future with innovative solutions for energy conservation and storage MoreLess

Aspen Aerogels, Inc. specializes in advanced aerogel insulation solutions designed to enhance energy efficiency, safety, and sustainability across various industries. The company serves clients in sectors such as LNG, refining, petrochemicals, power generation, and electric vehicles. Aspen Aerogels operates in the industrial insulation market, providing products like Pyrogel and Cryogel that are essential for process stability and asset protection. The business model revolves around the commercialization of aerogel technology, which is backed by two decades of research and development. Aspen Aerogels generates revenue by selling its patented insulation products, which help clients reduce project costs, improve thermal management, and meet safety requirements. The company's solutions are particularly valuable in optimizing the energy density of lithium-ion batteries and supporting the adoption of electric vehicles. Aspen Aerogels' commitment to continuous innovation positions it as a leader in promoting a more sustainable future.

Keywords: Aerogel, Insulation, Energy Efficiency, Safety, Sustainability, LNG, Electric Vehicles, Thermal Management, Lithium-ion Batteries, Industrial Solutions.

Valuation $339M
Revenue $196M
Total funding $100–500M

Talent graph

Aspen Aerogels's talent

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Employees mapped 454 incl. 2 AI specialists
Founders Hidden — book a demo/100 quality score
Key operators 7 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Investors

14 investors on Aspen Aerogels's cap table

Sourced from Dealroom's funding history. Investor profile links are shown where available.

Seed 2 investors entered at this stage
Series A 1 investor entered at this stage
RockPort Capital
Series B+ 11 investors entered at this stage
Tenaya Capital
Lehman Brothers
Reservoir Capital Group
Arcapita Group Holdings
Argonaut Private Equity
BASF
BASF Venture Capital
Argonaut Capital Management
General Motors
Midcap Financial
US Department of Energy

Global footprint

Where Aspen Aerogels has talent and traffic

Workforce by country
18 countries with
team presence
🇺🇸 United States67.9%
🇲🇽 Mexico23.9%
🇲🇾 Malaysia1.1%
🇨🇦 Canada0.7%
🇸🇪 Sweden0.7%
Top 5 of 18 shown
Web traffic by country
44K monthly visits
across markets
🇧🇷 Brazil27%
🇺🇸 United States12.5%
🏳️ Korea10.2%
🏳️ Republic of6.8%
🇨🇦 Canada5.7%
Top 5 markets shown

Patent intelligence

$130M patent portfolio · 108 active families

Estimated portfolio value
$130M
38.3% of market cap · 2.1× larger than top peer Sila Nanotechnologies ($61M)
108 active patent families
Where Aspen Aerogels innovates AerogelMechanical engineeringBattery cellChemistryCold air

Where Aspen Aerogels concentrates vs peers

Each axis is a top-10 topic across Aspen Aerogels and its closest peers. #1 = 100, #10 = 10, absent = 0.

Compare against

Source: Dealroom Patent Intelligence · Patsnap. Request a demo for the full per-sub-category breakdown, individual records, and quality-score history.

Market sentiment

What the market is saying about Aspen Aerogels

An AI-synthesized read of the highest-engagement posts about Aspen Aerogels on X over the past 7 days. We rank by likes & retweets, ignore corporate channels, and surface the themes that broke out from real people.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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