Water Tower Research's President and Co-founder Shawn Severson talks to Proactive about Northborough, Massachusetts-based Aspen Aerogels (NYSE:ASPN), which he says has 'intriguing' patent-protected applications in electric vehicles.
Severson says Aspen's management team has targeted to double its revenue every 24 months, and is expecting a positive update to this on its fourth quarter call as they leverage their aerogels to work with battery platform manufacturers.