NORTHBOROUGH, Mass., Aug. 14,
2023 /PRNewswire/ -- Aspen Aerogels, Inc. (NYSE:ASPN)
("Aspen", the "Company"), a
technology leader in aerogel-based sustainability and
electrification solutions, today announced its PyroThin® thermal
barrier platform was selected as a finalist in the 29th
annual Automotive News PACE Awards. This recognition highlights
Aspens' unwavering commitment to supporting the advancement of the
electrification movement by maximizing the safety and performance
of Li-ion batteries.
The PACE Awards, now in their 29th year, celebrate automotive
suppliers for their innovative products or processes that push
boundaries and contribute to the industry's evolution.
"We are honored to have our proprietary PyroThin technology
formally recognized as a leader in thermal runaway propagation
protection," said Don Young,
President and CEO. "This nomination showcases the hard work and
dedication of our entire team to revolutionize battery performance
and safety to drive the wider adoption of electric vehicles."
Aspen Aerogels developed PyroThin thermal barriers, the world's
first aerogel cell-to-cell barrier engineered for pouch and
prismatic battery cell applications. Utilizing Aspen's proprietary Aerogel Technology
Platform®, PyroThin delivers the ultimate thermal runaway
propagation protection. PyroThin's combined thermal and mechanical
performance enables PyroThin to act as both a fire barrier and
compression pad, in an ultrathin and lightweight format. When
battery engineers choose PyroThin as part of their thermal runaway
strategy, they can use thinner cell-to-cell barriers, fit more
cells within modules, decrease pack weight, and increase vehicle
range.
"Our PyroThin technology platform has transformed the way
battery engineers think about cell-to-cell barriers," commented
Corby Whitaker, Senior Vice
President of Sales and Marketing. "Aspen's unparalleled aerogel technology and
engineering expertise is leading the charge towards the next
generation of thermal runaway solutions."
Winners will be announced at the Automotive News PACE Awards
ceremony in early 2024.
About Aspen Aerogels, Inc.
Aspen is a technology leader in
sustainability and electrification solutions. The Company's aerogel
technology enables its customers and partners to achieve their own
objectives around the global megatrends of resource efficiency,
e-mobility and clean energy. Aspen's PyroThin® products enable solutions to
thermal runaway challenges within the electric vehicle ("EV")
market. Aspen Battery Materials, the Company's carbon aerogel
initiative, seeks to increase the performance of lithium-ion
battery cells to enable EV manufacturers to extend the driving
range and reduce the cost of EVs. Aspen's Spaceloft® products provide building
owners with industry-leading energy efficiency and fire safety. The
Company's Cryogel® and Pyrogel® products are valued by the world's
largest energy infrastructure companies. Aspen's strategy is to partner with
world-class industry leaders to leverage its Aerogel Technology
Platform® into additional high-value markets. Headquartered in
Northborough, Mass., Aspen manufactures its products at its
East Providence, R.I. facilities.
For more information, please visit www.aerogel.com.
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SOURCE Aspen Aerogels, Inc.