Water Tower Research Managing Director Shawn Severson explains to Proactive how Aspen Aerogels' (NYSE:ASPN) has made a strategic pivot to developing technology to protect battery energy storage systems including within electric vehicles. Severson says the group has a goal to double its revenue every 24 months by 2025, where Severson says additional adoption of customers will help to drive this growth.
Water Tower Research explains Aspen Aerogels' strategic pivot to electric vehicle batteries