6.11
+24.44%
Close of 9 Nov 2026, in USD
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About Aspen Aerogels
From its filings with the US Securities and Exchange Commission
Aspen Aerogels is based in Northborough, Massachusetts and is incorporated in Delaware. Its shares trade on NYSE under the ticker ASPN. The SEC classifies its business as wholesale-lumber & other construction materials. In the fiscal year to 31 December 2025, it reported revenue of $271.1m and a net loss of $389.6m. At that date it held total assets of $406.7m and shareholders' equity of $235.5m. By business, Thermal Barrier [Member] brought in 62.3% of revenue, followed by Energy Industrial [Member] at 37.7%.
Aspen Aerogels, Inc. is an aerogel technology company that designs, develops and manufactures innovative, high-performance aerogel materials used primarily in the energy industrial, sustainable insulation materials, and electric vehicle (EV) markets. We have provided high-performance aerogel insulation to the energy industrial and sustainable insulation markets for nearly two decades. We have developed and commercialized our proprietary line of PyroThin® aerogel thermal barriers for use in battery packs in EVs. Our core businesses are organized into two reportable segments: Thermal Barrier and Energy Industrial. The following describes our key product offerings and new product innovations by reportable segment.
We have developed a number of promising aerogel products and technologies for the EV market, including our proprietary line of PyroThin aerogel thermal barriers for use in battery packs in EVs. Our PyroThin product is an ultra-thin, lightweight and flexible thermal barrier designed with other functional layers to impede the propagation of thermal runaway across multiple lithium-ion battery system architectures. Our thermal barrier technology is designed to offer a unique combination of thermal management, mechanical performance and fire protection properties. These properties enable EV manufacturers to achieve critical battery performance and safety goals by impeding the propagation of thermal runaway in lithium-ion battery systems at the battery cell, module, and pack levels across multiple lithium-ion battery system architectures.
Quoted from its 10-K, filed 13 Mar 2026. Read the filing on SEC.gov ↗
Company facts
- Sector
- Energy
- Industry
- Energy Equipment & Services
- Listed since
- 13 Jun 2014
- Employees
- 854
- Head office
- 30 FORBES ROAD, NORTHBOROUGH, MA, 01532
- Incorporated in
- DE
- Classification
- Wholesale-Lumber & Other Construction Materials
- Filer status
- Accelerated filer
Leadership
Pay as last reported
- Mr. Glenn DeeganChief Administrative Officer
- Mr. William NoglowsIndependent Chairman of the Board$188,988
- Mr. Donald YoungPresident, Chief Executive Officer, Director, since 2001$3.1m
- Mr. Grant ThoeleChief Financial Officer, Treasurer, since 2025
- Ms. Stephanie PittmanChief Human Resources Officer$1.5m
- Mr. Corby WhitakerSenior Vice President - Sales and Marketing$1.6m
- Mr. Gregg LandesSenior Vice President - Operations and Strategic Development$1.5m
- Mr. Keith SchillingSenior Vice President - Technology$1.8m
- Ms. Virginia JohnsonChief Legal Officer, General Counsel and Corporate Secretary$1.6m
- Ms. Kathleen KoolIndependent Director$156,835
- Mr. Steven MitchellIndependent Director$139,988
- Ms. Cari RobinsonIndependent Director$78,463
Environmental, social and governance
Scores out of 100, from our data supplier
- Overall
- 44
- Environment
- 21
- Social
- 78
- Governance
- 32
- Carbon reduction policy
- No
- Human rights policy
- Yes
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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