Aspen Aerogels, Inc. engages in designing, developing, and manufacturing aerogel insulation used primarily in the energy infrastructure and building materials markets. The company is headquartered in Northborough, Massachusetts and currently employs 533 full-time employees. The company went IPO on 2014-06-13. The company designs, develops and manufactures aerogel materials used primarily in the energy industrial, sustainable insulation materials and electric vehicle markets. Its segments include Energy Industrial and Thermal Barrier. Its products include PyroThin, Pyrogel XTE, Pyrogel HPS, Pyrogel XTF, Cryogel Z, Spaceloft Subsea, Spaceloft Grey, Spaceloft A2 and Cryogel X201. PyroThin thermal barriers is a flexible aerogel product engineered to satisfy the needs of the electric vehicle and energy storage industries to address thermal runaway issues in lithium-ion batteries. Pyrogel XTF provides thermal performance similar to Pyrogel XTE but is reinforced with glass- and silica-fiber batting. Cryogel Z is designed for sub-ambient and cryogenic applications in the energy industrial market. Spaceloft Subsea is reinforced with glass- and polyester-fiber batting and is designed for use in pipe-in-pipe applications in offshore oil production.