Aspen Aerogels
Background
Aspen Aerogels supplies reinforced, nanoporous aerogel insulation products that are two- to four-times more effective than other insulation materials. Aspen’s patented manufacturing process leverages nanotechnology in the production of materials in a form factor that can be easily integrated into a wide variety of customer applications. Aspen’s products help customers in oil and gas processing; LNG shipping and storage; outdoor apparel; building and construction; transportation; military; and aerospace industries to save energy and to save money.
Our Partnership
RockPort led the A round for Aspen Aerogels and has been a fan of the company and its products ever since. We have supported the company through its successes and its challenges, including the long adoption cycle in the industrial insulation market. As the company’s revenues soar, our close partnership is being rewarded.
"Rockport Capital has been more than simply an investor in our company. They were really a founding member of the team from day one in 2001. They've been instrumental in each round of financing that we have completed. But they've also been instrumental in our marketing initiatives, particularly in the oil and gas business. I'm sure that that value creation will continue in the years to come through this relationship." (Don Young, CEO, Aspen Aerogels)
