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Home TECH

AeroShield Materials Unveils New Manufacturing Facility and Secures $5M Funding

by Hari Pramod
10 months ago
in TECH
Reading Time: 10 mins read
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AeroShield Materials, an MIT spin-out specializing in energy-efficient technology, has announced the opening of a new manufacturing facility in Waltham, Massachusetts. Alongside this milestone, the company has secured an additional $5 million in funding from investors including the Massachusetts Clean Energy Center, MassVentures, and MassMutual Ventures. This new facility will enable AeroShield to scale up production of its innovative transparent aerogel sheets, which significantly enhance the energy efficiency of windows and doors.

Expansion of Manufacturing Capabilities

The new 12,000 square-foot facility in Waltham marks a significant expansion for AeroShield. It is equipped with state-of-the-art R&D labs, manufacturing equipment, assembly lines, and testing facilities. This setup will allow the company to produce full-sized products, including double-pane windows, which incorporate their breakthrough transparent silica aerogel sheets. These sheets are among the most insulating materials ever created, capable of improving energy performance by up to 65%.

AeroShield Materials Unveils New Manufacturing Facility and Secures $5M Funding

The facility will also serve as AeroShield’s R&D headquarters, where the team will continue to develop the next generation of energy-efficient products. This dual role of manufacturing and research underscores AeroShield’s commitment to innovation and sustainability. The company aims to address the significant energy losses attributed to inefficient windows, which the US Department of Energy estimates cost Americans $40 billion annually.

Strategic Funding and Investor Support

The $5 million in additional funding will support AeroShield in scaling its operations and expanding its team to over 30 employees. This financial boost comes from a mix of existing and new investors, highlighting the confidence in AeroShield’s technology and business model. The Massachusetts Clean Energy Center and MassVentures have been long-time supporters, while MassMutual Ventures joins as a new investor.

This funding will enable AeroShield to accelerate the commercialization of its products, bringing high-performance, energy-efficient windows to market. The company’s transparent aerogel technology offers a cost-effective solution that outperforms traditional triple-pane windows while maintaining the weight and thickness of double-pane designs. This innovation not only reduces energy costs for consumers but also contributes to carbon emission reductions and improved building resiliency.

Impact on the Built Environment

AeroShield’s new facility and funding are poised to make a significant impact on the built environment. By producing advanced energy-efficient windows, the company is addressing a critical need for sustainable building solutions. The transparent aerogel sheets developed by AeroShield can be integrated into existing window designs, making it easier for manufacturers and consumers to adopt this technology.

The potential energy savings and environmental benefits are substantial. High-performance windows can reduce heating and cooling costs for homeowners, decrease carbon emissions, and enhance comfort during extreme temperature events. AeroShield’s technology represents a leap forward in building efficiency, aligning with broader efforts to combat climate change and promote sustainable development.

Hari Pramod

Hari Pramod

Hari Pramod is a seasoned content writer with a passion for sports. Hari's expertise in the sports niche makes him a go-to source for sports enthusiasts seeking insightful and engaging articles. With years of experience, he combines his in-depth knowledge of the sports industry with exceptional writing skills to create engaging and informative content

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