A Positive Long-term Shift Allows for Continued Support
While Aspen Aerogels (ASPN) observes most of its revenues from fossil fuel related applications, a potential shift towards alternative industries is an attempt to hedge against the weakened growth and volatility of its core market revenue streams. To diversify my industrial technology portfolio, I have initiated a position in the company because of the wide range of undiscovered possibilities for aerogel technology. However, much risk lies in the waning industry growth and volatile revenue growth seen historically. Tired of non-linear revenues, the company is shifting to alternative,