Aspen Aerogels plans to construct an advanced manufacturing facility in Bulloch County, Georgia, investing at least $325 million and creating over 250 jobs. Production is expected to begin in late 2023.
Aspen Aerogels was awarded a contract by a major U.S. automotive OEM to supply PyroThin thermal barriers for its EV battery platform, with production expected to begin in 2021.
Aspen Aerogels has been awarded a contract by the Saipem-CTCI joint venture to supply Cryogel®Z aerogel insulation for the PTT LNG Nong Fab receiving terminal in Thailand. The contract value is approximately $35-40 million, with deliveries from Q2 2019 through Q4 2020.
BASF and Aspen Aerogels signed an addendum to their exclusive supply agreement for a new non-combustible, high-performance thermal insulation product. Aspen received a second prepayment from BASF to support product optimization and new process development.
| Site | Largest | Latest |
|---|---|---|
| Bulloch County, United States | $325.0M | 2022-02-17 |