TITLE

Aspen Aerogels Hunts for More VC Money

AUTHOR(S)
Moresco, Justin
PUB. DATE
March 2009
SOURCE
Red Herring;3/30/2009, p5
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports on the search for more venture funding of Aspen Aerogels, a developer and manufacturer of advanced nanotechnology materials for applications including thermal insulation for buildings. The company is trying to raise between $10 million and $15 million, according to Chief Executive Officer (CEO) Don Young. In the past, Aspen has raised around $90 million in venture financing. Young said that he expects the company's revenue to nearly double in 2009 to close to $40 million.
ACCESSION #
37329987

 

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