Northborough, MA – According to filings with the U.S. Securities and Exchange Commission, Aspen Aerogels is raising $74,999,992.00 in new funding. Sources indicate as part of senior management President and Chief Executive Officer, Donald Young played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.

About Aspen Aerogels
Aspen Aerogels produces flexible aerogel insulation products that provide up to five times better thermal performance than competing materials while offering versatility, space savings, and easy handling. Customers use our products to save money, conserve energy, reduce CO2 emissions, and protect workers. We serve many industries including oil and gas production and processing, LNG shipping and storage, building and construction, outdoor apparel, appliances, transportation, and military and aerospace.

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

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

SOURCE: http://www.intelligence360.io
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