{"id":108438,"date":"2021-03-16T17:45:00","date_gmt":"2021-03-16T17:45:00","guid":{"rendered":"https:\/\/icrowdnewswire.com\/?p=28509902850990"},"modified":"2021-03-16T17:45:00","modified_gmt":"2021-03-16T17:45:00","slug":"water-tower-research-publishes-initiation-of-coverage-report-on-aspen-aerogel-aspn-titled-an-electrifying-development-expected-to-drive-growth","status":"publish","type":"post","link":"https:\/\/ipsnews.net\/business\/2021\/03\/16\/water-tower-research-publishes-initiation-of-coverage-report-on-aspen-aerogel-aspn-titled-an-electrifying-development-expected-to-drive-growth\/","title":{"rendered":"Water Tower Research Publishes Initiation of Coverage Report on Aspen Aerogel (ASPN) Titled \u201cAn Electrifying Development Expected to Drive Growth\u201d"},"content":{"rendered":"<div><img decoding=\"async\" src=\"https:\/\/icrowdnewswire.com\/wp-content\/themes\/icrowdnewswire\/images\/main.jpg\" class=\"ff-og-image-inserted\"><\/div>\n<p>CHICAGO, IL., March 16, 2021 \u2013 Water Tower Research has published an <a href=\"https:\/\/www.watertowerresearch.com\/company\/aspen-aerogels\/\">Initiation of Coverage Report<\/a> on <a href=\"https:\/\/www.aerogel.com\/\">Aspen Aerogels<\/a> (NASDAQ: ASPN). The report focuses on the company\u2019s key drivers, milestones, obstacles and opportunities, and industry megatrends.<\/p>\n<p>\u201cAspen\u2019s growth has historically been driven by a combination of market share gains and cyclical variances in the energy infrastructure market (over $1 billion installed base) and sustainable building materials ($50 million installed base). Both markets are sizable markets with large total available markets (TAM). However, the company has reached a pivot point where its aerogel technology should be viewed as a broader platform on which new markets and applications can be developed,\u201d said Shawn Severson, Co-Founder of Water Tower Research and Head of ClimateTech and Sustainable Investing.<\/p>\n<p>Mr. Severson continued, \u201cThe historical applications will likely remain a key part of the company\u2019s business, but products serving new, higher-growth applications have been introduced to the market. First, the company has created a modified version of its aerogel insulation materials branded PyroThin<img decoding=\"async\" src=\"https:\/\/s.w.org\/images\/core\/emoji\/12.0.0-1\/72x72\/2122.png\" alt=\"\u2122\" class=\"wp-smiley\" style=\"height: 1em; max-height: 1em;\" \/>, which is a highly effective thermal barrier used to mitigate thermal runaway in lithium-ion batteries in electric vehicles (EVs). The company estimates this market could be a $30 billion opportunity over the 2020 to 2030 period. Second, the company is developing a battery material technology that can meaningfully improve the performance of lithium-ion batteries, with the potential to be a $37 billion market over the same period.\u201d<\/p>\n<p>\u201cAt its core, this product expansion is creating a significant pivot for the company by enabling them to participate in the rapidly growing EV market. As one would expect, the EV market has much higher organic growth potential than the energy infrastructure and building materials markets. Furthermore, PyroThin<img decoding=\"async\" src=\"https:\/\/s.w.org\/images\/core\/emoji\/12.0.0-1\/72x72\/2122.png\" alt=\"\u2122\" class=\"wp-smiley\" style=\"height: 1em; max-height: 1em;\" \/> is not simply a novel product or technology searching for a customer. Aspen has already secured a contract from a large US automotive OEM, the name of which has not yet been disclosed, with the potential to generate $1 billion this decade. Management believes this expansion into the thermal runaway application and battery materials will substantially improve the growth prospects over the next decade as they bring on additional customers.\u201d<\/p>\n<p>The full report can be downloaded <a href=\"https:\/\/www.watertowerresearch.com\/content\/an-electrifying-development-expected-to-drive-growth\/\">HERE<\/a>.<\/p>\n<h4><strong>About Water Tower Research<\/strong><\/h4>\n<p>At Water Tower Research, our mission is to bridge the information gap between companies and investors while reaching a much broader and diverse group of investors compared to the traditional and challenged equity research model. We provide \u201cResearch for the Other 99%\u00ae\u201d on a platform powered by Wall Street veterans that are knowledgeable and experienced to help investors understand key strategies, industries, technologies, and drivers impacting the companies we cover as well as their peers. Water Tower Research uses a broad portfolio of tools to communicate with investors, including a traditional research platform, in addition to innovative and proactive products and digital strategies, providing valuable and consistent information flow. Please see the disclosures <a href=\"https:\/\/www.watertowerresearch.com\/disclosure\/\">HERE<\/a>.<\/p>\n<h4><strong>Contact Information:<\/strong><\/h4>\n<p>Shawn Severson<br \/>President &amp; Co-Founder<br \/>Head of Sustainable Investing and BioEconomy Research<br \/>Water Tower Research LLC<br \/><a href=\"https:\/\/www.watertowerresearch.com\/\" target=\"_blank\" rel=\"noopener noreferrer\">www.watertowerresearch.com<\/a><\/p>\n<section class=\"slider_detail mt-5\"><\/section>\n<p>The post <a rel=\"nofollow\" href=\"https:\/\/heymuse.com\/water-tower-research-publishes-initiation-of-coverage-report-on-aspen-aerogel-aspn-titled-an-electrifying-development-expected-to-drive-growth\/\">Water Tower Research Publishes Initiation of Coverage Report on Aspen Aerogel (ASPN) Titled \u201cAn Electrifying Development Expected to Drive Growth\u201d<\/a> appeared first on <a rel=\"nofollow\" href=\"https:\/\/heymuse.com\">Financial Market Brief<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>CHICAGO, IL., March 16, 2021 &ndash; Water Tower Research has published an Initiation of Coverage Report on Aspen Aerogels (NASDAQ: ASPN). The report focuses on the company&rsquo;s key drivers, milestones, obstacles and opportunities, and industry megatrends. &ldquo;Aspen&rsquo;s growth has historically been driven by a combination of market share gains and cyclical variances in the energy [&hellip;]<\/p>\n<p>The post <a rel=\"nofollow\" href=\"https:\/\/heymuse.com\/water-tower-research-publishes-initiation-of-coverage-report-on-aspen-aerogel-aspn-titled-an-electrifying-development-expected-to-drive-growth\/\">Water Tower Research Publishes Initiation of Coverage Report on Aspen Aerogel (ASPN) Titled &ldquo;An Electrifying Development Expected to Drive Growth&rdquo;<\/a> appeared first on <a rel=\"nofollow\" href=\"https:\/\/heymuse.com\/\">Financial Market Brief<\/a>.<\/p>\n<p> <a href=\"https:\/\/ipsnews.net\/business\/2021\/03\/16\/water-tower-research-publishes-initiation-of-coverage-report-on-aspen-aerogel-aspn-titled-an-electrifying-development-expected-to-drive-growth\/\" class=\"more-link\">Continue Reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":291,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[20],"tags":[],"class_list":["post-108438","post","type-post","status-publish","format-standard","hentry","category-press-release"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.9 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Water Tower Research Publishes Initiation of Coverage Report on Aspen Aerogel (ASPN) Titled \u201cAn Electrifying Development Expected to Drive Growth\u201d - Business<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"http:\/\/ipsnews.net\/business\/2021\/03\/16\/water-tower-research-publishes-initiation-of-coverage-report-on-aspen-aerogel-aspn-titled-an-electrifying-development-expected-to-drive-growth\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Water Tower Research Publishes Initiation of Coverage Report on Aspen Aerogel (ASPN) Titled \u201cAn Electrifying Development Expected to Drive Growth\u201d - Business\" \/>\n<meta property=\"og:description\" content=\"CHICAGO, IL., March 16, 2021 &ndash; Water Tower Research has published an Initiation of Coverage Report on Aspen Aerogels (NASDAQ: ASPN). The report focuses on the company&rsquo;s key drivers, milestones, obstacles and opportunities, and industry megatrends. &ldquo;Aspen&rsquo;s growth has historically been driven by a combination of market share gains and cyclical variances in the energy [&hellip;] The post Water Tower Research Publishes Initiation of Coverage Report on Aspen Aerogel (ASPN) Titled &ldquo;An Electrifying Development Expected to Drive Growth&rdquo; appeared first on Financial Market Brief. 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Business","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"http:\/\/ipsnews.net\/business\/2021\/03\/16\/water-tower-research-publishes-initiation-of-coverage-report-on-aspen-aerogel-aspn-titled-an-electrifying-development-expected-to-drive-growth\/","og_locale":"en_US","og_type":"article","og_title":"Water Tower Research Publishes Initiation of Coverage Report on Aspen Aerogel (ASPN) Titled \u201cAn Electrifying Development Expected to Drive Growth\u201d - Business","og_description":"CHICAGO, IL., March 16, 2021 &ndash; Water Tower Research has published an Initiation of Coverage Report on Aspen Aerogels (NASDAQ: ASPN). The report focuses on the company&rsquo;s key drivers, milestones, obstacles and opportunities, and industry megatrends. &ldquo;Aspen&rsquo;s growth has historically been driven by a combination of market share gains and cyclical variances in the energy [&hellip;] The post Water Tower Research Publishes Initiation of Coverage Report on Aspen Aerogel (ASPN) Titled &ldquo;An Electrifying Development Expected to Drive Growth&rdquo; appeared first on Financial Market Brief. 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