Statesboro, Georgia — According to state and local economic development sources Aspen Aerogels plans to invest $325,000,000.00 to build out 500,000 square feet of new space in Statesboro. The company plans to occupy the new space in Statesboro, on or about October 1, 2024. According to the company website Aspen is a technology leader in sustainability. Our Aerogel Technology Platform enables customers and partners to achieve their own objectives around the global megatrends of resource efficiency, electrification, and sustainability. Our strategy is to partner with world-class industry leaders to leverage our patented aerogel technology into additional high-value markets. We are headquartered in Northborough, MA, and manufacture our products at our East Providence, R.I. facilities. Products: PyroThin thermal barrier products enable solutions to thermal runaway challenges within the EV and energy storage markets. Carbon aerogel program seeks to increase performance of lithium-ion battery cells to enable EV manufacturers to extend driving range and reduce cost of EVs. Spaceloft sustainable building materials provide industry-leading energy efficiency and fire safety to building owners. Cryogel and Pyrogel are valued by the worlds largest energy infrastructure companies.

To learn more about Aspen Aerogels, visit http://www.aerogel.com/

Company Contact:
Don Young, Chief Executive Officer
dyoung@aerogel.com
https://www.linkedin.com/in/donald-young-988937/
508-691-1111

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