Aspen Aerogels, Inc.

Aspen Aerogels makes aerogel, a lightweight insulation material that traps heat and cold extremely well. They sell it mainly to electric vehicle makers, battery manufacturers, and oil and gas companies. In electric vehicles, their aerogel insulates battery packs to improve safety and performance. In industrial settings, it insulates pipes and equipment in refineries, chemical plants, and offshore drilling operations. The company operates in North America, Europe, Asia, and Latin America.