During the corresponding time, Aspen Aerogels Inc saw a revenue deteriorated by -36.11 % year on year, sequentially revenue grew by 31.58 %. While revenue at the Aspen Aerogels Inc 's corporate clients
Aspen Aerogels Inc's Comment on Sales, Marketing and Customers
The company manufactures fabricated, multi-part thermal barriers primarily for battery systems in electric vehicle models. Its customers include General Motors LLC (GM), Toyota, Scania, Automotive Cells Company (ACC), Audi (a brand of the Volkswagen Group), Volvo Truck, and a major European battery manufacturer supplying a leading European luxury sports car brand. The company supplies production thermal barrier parts to GM, Toyota, and ACC, and provides prototype parts to various global manufacturers of electric vehicles, grid storage, and home battery systems. Its PyroThin thermal barriers have generated significant sales, mainly to GM.
Additionally, the company designs, develops, and manufactures high-performance aerogel insulation for the energy industrial market. These insulation products aim to improve resource efficiency, reduce energy consumption, and lower carbon footprints. They offer enhanced thermal performance, fire protection, and corrosion reduction under insulation compared to traditional materials.
Other customers and markets referenced in company filings include Mercedes-Benz, Saft-TotalEnergies, Stellantis N.V., and Volkswagen Group.
Aspen Aerogels Inc’s Comment on Sales, Marketing and Customers
The company manufactures fabricated, multi-part thermal barriers primarily for battery systems in electric vehicle models. Its customers include General Motors LLC (GM), Toyota, Scania, Automotive Cells Company (ACC), Audi (a brand of the Volkswagen Group), Volvo Truck, and a major European battery manufacturer supplying a leading European luxury sports car brand. The company supplies production thermal barrier parts to GM, Toyota, and ACC, and provides prototype parts to various global manufacturers of electric vehicles, grid storage, and home battery systems. Its PyroThin thermal barriers have generated significant sales, mainly to GM.
Additionally, the company designs, develops, and manufactures high-performance aerogel insulation for the energy industrial market. These insulation products aim to improve resource efficiency, reduce energy consumption, and lower carbon footprints. They offer enhanced thermal performance, fire protection, and corrosion reduction under insulation compared to traditional materials.
Other customers and markets referenced in company filings include Mercedes-Benz, Saft-TotalEnergies, Stellantis N.V., and Volkswagen Group.
Sources:
Aspen Aerogels Inc’s official press releases and regulatory filings; CSIMarket.com’s market research; and the financial filings and press releases of other companies cited in this report.
Updated on:
Focus of this report: Aspen Aerogels Inc’s corporate clients.
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