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Aspen Aerogels Announces $150 Million Investment From Koch Strategic Platforms

Feb 17, 2022over 3 years ago

Amount Raised

$150 Million

Description

Aspen Aerogels, Inc. (NYSE: ASPN) ("Aspen", the "Company"), a technology leader in aerogel-based sustainability and electrification solutions, today announced that Koch Strategic Platforms ("KSP"), a subsidiary of Koch Investments Group, has agreed to make a $150 million investment in Aspen through the purchase of convertible notes and common stock to support the Company's aerogel thermal barrier growth opportunities.

Company Information

Company

Aspen Aerogels

About

Our aerogel technology platform enables a more sustainable future. Discover how we are making a difference in energy conservation and storage.

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