February 21, 2024


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Aspen Aerogels Acknowledged as a 2023 Automotive News Speed Awards Finalist – Aspen Aerogels (NYSE:ASPN)

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NORTHBOROUGH, Mass., Aug. 14, 2023 /PRNewswire/ — Aspen Aerogels, Inc. ASPN (“Aspen“, the “Company”), a engineering leader in aerogel-centered sustainability and electrification alternatives, now announced its PyroThin® thermal barrier platform was chosen as a finalist in the 29th yearly Automotive Information Pace Awards. This recognition highlights Aspens’ unwavering dedication to supporting the progression of the electrification motion by maximizing the basic safety and general performance of Li-ion batteries.

The Speed Awards, now in their 29th yr, rejoice automotive suppliers for their progressive items or procedures that push boundaries and lead to the industry’s evolution.

“We are honored to have our proprietary PyroThin engineering formally acknowledged as a chief in thermal runaway propagation protection,” reported Don Younger, President and CEO. “This nomination showcases the tough work and devotion of our overall group to revolutionize battery overall performance and security to generate the broader adoption of electrical vehicles.”

Aspen Aerogels made PyroThin thermal obstacles, the world’s initial aerogel mobile-to-cell barrier engineered for pouch and prismatic battery mobile programs. Using Aspen’s proprietary Aerogel Technological innovation Platform®, PyroThin delivers the ultimate thermal runaway propagation protection. PyroThin’s merged thermal and mechanical performance permits PyroThin to act as both a fireplace barrier and compression pad, in an ultrathin and light-weight structure. When battery engineers pick PyroThin as element of their thermal runaway tactic, they can use thinner cell-to-mobile obstacles, suit extra cells inside of modules, reduce pack body weight, and raise auto selection.

“Our PyroThin technologies platform has reworked the way battery engineers feel about mobile-to-cell limitations,” commented Corby Whitaker, Senior Vice President of Income and Marketing. “Aspen’s unparalleled aerogel engineering and engineering know-how is primary the demand in direction of the subsequent era of thermal runaway methods.”

Winners will be announced at the Automotive News Speed Awards ceremony in early 2024.

About Aspen Aerogels, Inc.

Aspen is a technological know-how leader in sustainability and electrification remedies. The Company’s aerogel technology enables its shoppers and associates to accomplish their personal targets around the international megatrends of source effectiveness, e-mobility and cleanse power. Aspen’s PyroThin® solutions permit answers to thermal runaway problems inside of the electric powered vehicle (“EV”) market. Aspen Battery Components, the Company’s carbon aerogel initiative, seeks to maximize the overall performance of lithium-ion battery cells to help EV producers to lengthen the driving range and reduce the price of EVs. Aspen’s Spaceloft® products provide making proprietors with business-leading electricity efficiency and fire security. The Company’s Cryogel® and Pyrogel® products and solutions are valued by the world’s major strength infrastructure businesses. Aspen’s approach is to lover with world-class marketplace leaders to leverage its Aerogel Technologies Platform® into additional high-value marketplaces. Headquartered in Northborough, Mass., Aspen manufactures its items at its East Providence, R.I. amenities. For much more facts, please go to www.aerogel.com.

Check out initial written content:https://www.prnewswire.com/news-releases/aspen-aerogels-regarded-as-a-2023-automotive-information-pace-awards-finalist-301899770.html

Supply Aspen Aerogels, Inc.

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