Company Profile

Aspen Aerogels Inc (AKA: Aspen Merger Sub Inc)
Profile last edited on: 12/4/2023      CAGE: 1U9Y0      UEI: RUMAJ7ELJG96

Business Identifier: Thermal management and energy conservation insulation solutions
Year Founded
First Award
Latest Award
Program Status
Popularity Index
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Location Information

30 Forbes Road Building B
Northborough, MA 01532
   (508) 691-1111
Location: Multiple
Congr. District: 02
County: Worcester

Public Profile

Very active in the SBIR arena from soon after being founded and for many years subsequently, in June 2014 Aspen Aerogels began to trade on the NYSE under with symbol ASPN and effectively curtailed any subsequent program involvement even though still - theoretically - SBIR eligible having fewer than 500 employees. Aspen Aerogels, Inc. designs, develops, manufactures, and sells aerogel insulation products primarily for use in the energy infrastructure and building materials markets in the United States, Asia, Canada, Europe, and Latin America. The company offers PyroThin thermal barriers for use in lithium-ion batteries in electric vehicles and energy storage industries; Pyrogel XTE that reduces the risk of corrosion under insulation in energy infrastructure operating systems; Pyrogel HPS for applications within the power generation market; Pyrogel XTF to provide protection against fire; Cryogel Z for sub-ambient and cryogenic applications in the energy infrastructure market; and Spaceloft Subsea for use in pipe-in-pipe applications in offshore oil production. It also offers Spaceloft Grey and Spaceloft A2 for use in the building materials market; and Cryogel X201, which is used in designing cold systems, such as refrigerated appliances, cold storage equipment, and aerospace systems.

Extent of SBIR involvement

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Synopsis: Awardee Business Condition

Employee Range
Revenue Range
Over 50M
VC funded?
Publicly Traded
Stock Info
IP Holdings

Awards Distribution by Agency

Key People / Management

  Donald R Young -- President and CEO

  Jeff Angus -- Chief Information Officer

  Jeffrey A Ball -- Vice President, Operations

  Redouane Begag -- Scientist

  Kelley W Conte -- Vice President, Human Resources

  Owen R Evans

  John F Fairbanks -- Vice President, Chief Financial Officer and Treasurer

  Dmitry Fomitchev

  George L Gould -- Vice President, Research and Development

  Xiangjun Hu

  Mark Krajewski -- Manager, Technical Business Development

  David J Mihalcik

  Nancy Moroz

  Paul Nahass -- Manager, Technology Commercialization

  Danny Ou

  Patrich Piper -- Founder

  Wendell E Rhine

  Sara E Rosenberg

  Christopher J Stepanian

  Roxana Trifu

  Corby Whitaker -- Senior Vice President, Sales and Marketing

  Shannon White

  Nicholas Zafiropoulos

  Henry Zheng