Aspen Aerogels Inc








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Revenue Growth (Annual)


52 week high


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Note on Purification and Zakat

  • Purification and Zakat (for long-term investing) calculations are in USD per share and based on AAOIFI methodology. AAOIFI requires purification every financial period (e.g. quarterly). 
  • If you follow S&P Shariah’s Dividend-only purification, then remove the impure income % from the dividends you receive. No purification required for non-dividend paying stocks, according to S&P Shariah.
  • For Zakat, if you did not invest in a company from a long term perspective, then consider the shares as trading goods and give 2.5% of the total value if a year has passed on them. 

Company Profile

Aspen Aerogels, Inc. is an aerogel technology company. It 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.