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- AeroShield Materials Opens New Manufacturing Facility in Waltham
AeroShield Materials Opens New Manufacturing Facility in Waltham
Slice of Manufacturing Team
August 02, 2024
Key Highlights:
AeroShield Materials opens a 12,000 sq-ft facility in Waltham, MA.
Secures $5M funding from MassCEC, MassVentures, and MassMutual Ventures.
Facility will enable full-scale production of energy-efficient aerogel windows.
Expansion includes growing the team to over 30 employees.
New aerogel windows to improve energy performance by up to 65%.
Source (Business Wire)
Notable Quotes:
“This facility represents an inflection point in AeroShield’s journey. This is where we will turn our scientific breakthrough into the first certified transparent aerogel windows and begin saving residents billions in heating and cooling costs.”
“AeroShield represents the type of innovation and growth that is making Massachusetts the climatetech hub for the world.”
“AeroShield Materials is a perfect example of our thesis of supporting founders addressing significant climate problems that have historically been underfunded.”
Our Take:
AeroShield Materials' recent announcement of their new manufacturing facility in Waltham marks a significant milestone for the company and the energy efficiency sector. By securing an additional $5 million in funding, AeroShield is poised to scale its operations and bring its innovative transparent silica aerogels to a broader market. These aerogels promise to revolutionize the window industry by dramatically improving energy efficiency, potentially reducing homeowners' heating and cooling costs by up to 65%. This development not only underscores Massachusetts' leadership in climate technology but also highlights the growing importance of sustainable solutions in reducing carbon emissions and enhancing energy resilience.