According to filings with the U.S. Securities and Exchange Commission, American Aerogel is raising $47,919,589.00 in new funding. Sources indicate that as part of senior management Chief Executive Officer, Peter Mcharg played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.

About American Aerogel
American Aerogel makes the insulated shippers that will keep your temperature-sensitive material safe. Using performance-leading aerogel-based insulation, our products enable our customers to ship temperature-sensitive items at lower cost, using smaller packaging and with greater assurance. The biopharma supply chain is complex, and poor visibility and lack of responsiveness can lead to costly failures that put manufacturers and, more importantly, patients at risk. That’s why we pioneered the AeroChain. We made the complex simple, ensuring supply chain integrity across a wide range of temperature profiles and shipping situations. Flexible and sustainable by design, AeroSafe’s cost-effective and reliable services are integral to customer growth and global expansion, from pandemic vaccines and immunotherapies to the medicines people rely on daily. Owning this vital role in the healthcare ecosystem is the reason we’re here.

To learn more about American Aerogel, visit http://americanaerogel.com/

Contact:
Peter Mcharg, Chief Executive Officer
585-328-2140

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